R2T4 Specialist
The NASFAA Return of Title IV Funds (R2T4) Specialist designation is reserved for those who can correctly apply the knowledge of the treatment of R2T4 concepts across a variety of challenging scenarios, each involving multiple facets to consider. This designation is difficult to earn and represents an in-depth knowledge and understanding of R2T4 as a result of hard work and study.
Earning Criteria
Recipients must complete the earning criteria to earn this badge.
General Requirements
To earn the Return of Title IV Funds Specialist designation, individuals must:
- Complete the Return of Title IV Funds NASFAA U Online Course* with a passing grade of at least 93%
- Hold the NASFAA Credential in Return of Title IV Funds; and
- Complete the Return of Title IV Funds NASFAA Specialist exam with a passing score within the designated testing window.
Assessment
The range of topics in this test includes:
- General Concepts of Return of Title IV Funds
- Determining the Withdrawal Date
- Return of Title IV Funds Formula
- Post-Withdrawal Disbursements and Timeframes
Tests may include questions pertaining to a variety of program structures, such as credit- or clock-hour, term or nonterm, standard or nonstandard term, undergraduate or graduate/professional programs, and programs of various lengths (shorter than one year, two-year, four-year, certificate, etc.).
NASFAA Professional Credentials do not expire; however, credentialed professionals may renew each credential. NASFAA recommends renewing credentials every three years, barring any major regulatory changes. Renewal is not mandatory.
Learn more about NASFAA’s Professional Credentials.
