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Top AskRegs Knowledgebase Q&As for Return of Title IV Funds

It’s the time of the year when students seem to withdraw from classes at a higher rate. Here are the most frequently viewed AskRegs Q&As to assist with the return of Title IV funds (R2T4) requirements.

Click on any of the questions below to see the corresponding answer. If you have a question that's not on the list, you can find a credible and reliable answer in NASFAA's AskRegs Knowledgebase by browsing or searching the answers provided by our Training and Regulatory Assistance staff. If you can't find the answer, you may submit your question by clicking the "Ask a New Question" button.

When a Student Withdraws and Does Not Attend a Later Module, Is Aid Recalculation Required Before the R2T4 Calculation?

For an Unofficial Withdrawal, What Date Should Be Reported To NSLDS As the Student's Withdrawal Date?

Is an R2T4 Calculation Required If the Student Withdraws After the 60% Point Of the Term?

If a Student Has Not Completed the Promissory Note or Entrance Counseling Before Withdrawing, Do You Include Direct Loan Amounts As Aid That Could Have Been Disbursed?

What Start and End Dates Do We Use When a Student Withdraws From a Payment Period Containing Modules?

Can We Make a Post-Withdrawal Disbursement of a Second or Subsequent Loan Disbursement?

If Verification Is Completed After a Student Withdraws, Are We Required to Do an R2T4 Calculation and Disburse Funds Based on the New ISIR?

If a Student Withdraws Before His or Her Loans are Originated, Do We Include Them as “Aid That Could Have Been Disbursed?”

Do We Need to Perform a Return Calculation if Aid Was Not Disbursed Before a Student Withdrew?

Must We Notify a Student of a Post-Withdrawal Disbursement of Grant Funds and Give Her the Option to Decline the Funds?

Can a Return of Title IV Funds Calculation Be Redone and a Pell Grant Changed Due to Verification After the Student's Withdrawal?

Are Students Entitled to a Post-Withdrawal Disbursement of Federal Pell Grant Funds Even if They Have a Credit Balance and Have No Outstanding Institutional Charges?

If you have a question that's not on the list, you can find a credible and reliable answer on the AskRegs Knowledgebase site by browsing or searching the answers provided by our Training and Regulatory Assistance staff. You may also submit your own question using the Request Support feature.

 

Publication Date: 11/13/2019

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