Answer
$$\frac{1}{2 a^{2}}$$
Work Step by Step
\begin{align*}
\lim _{x \rightarrow a} \frac{x^{2}-a^{2}}{x^{4}-a^{4}}&=\lim _{x \rightarrow a} \frac{\left(x^{2}-a^{2}\right)}{\left(x^{2}+a^{2}\right)\left(x^{2}-a^{2}\right)}\\
&=\lim _{x \rightarrow a} \frac{1}{x^{2}+a^{2}}\\
&=\frac{1}{2 a^{2}}
\end{align*}