Pop Quiz – Can We Award Summer Pell as a Header School for R2T4?
Scenario:
The school treats summer as a header to its academic year with some summer modules that start and end before July 1 and others that end on or after July 1. All summer modules are combined to form a standard term. If a student enrolled only in modules that end prior to July 1 and later withdraws from all courses on the same day before completing the modules, can they receive Pell for that year based on the 2020-21 EFC (Summer 2020, Fall 2020, and Spring 2021) if indicated from a return of Title IV funds (R2T4) calculation?
Answer:
Yes, if Summer 2020 was a header for the 2020-2021 award year, it does not matter if all modules do not crossover July 1 because all of the modules were combined to form the standard term or crossover payment period that begins before July 1 and ends on or after July 1. Pell Grant funds disbursed for the summer term prior to the student’s withdrawal would be included in the R2T4 calculation.
NASFAA U Online Courses:
For more information on the Federal Pell Grant and Iraq and Afghanistan Service Grant (IASG) Programs, as well as calculating and processing from these programs, also consider the Federal Pell Grant & IASG online course which starts on February 9, 2021.
Student Aid Index:
For additional information, try NASFAA's Student Aid Index. It is a central hub of all the important financial aid resources you need with direct links to legislation, regulation, Dear Colleague Letters, and other ED and NASFAA references. It is updated on a rolling basis with the latest news and changes. Search Pell Grant.
Publication Date: 1/29/2021
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