Which statement is true regarding Title IV aid eligibility?

The statement regarding Title IV aid eligibility that is true is that individuals on financial aid probation may still apply for aid. When a student is placed on financial aid probation, it typically means that they did not meet the academic criteria required to maintain their eligibility for federal financial aid during a previous evaluation period. However, being on probation allows the student to still receive aid while they work to regain satisfactory academic progress.

This means that even if a student's eligibility has come into question due to academic performance, they are still able to apply for and potentially receive financial assistance while they are under the probation status, given that they follow the institution's plan to regain satisfactory progress.

In contrast, other statements about Title IV aid eligibility contain conditions that are not universally accurate. For example, students must generally have a high school diploma, but there can be alternative qualifications, like being a GED recipient or having passed an ability-to-benefit test in some cases. Noncitizens are also subject to specific eligibility criteria; not all noncitizen status individuals qualify for federal aid. Lastly, while demonstrating financial need is essential for many types of financial aid, it is not the only requirement, as some aid programs, particularly loans, may not require a demonstration of need. Thus, the statement