Pop Quiz - Must Students Who Fall Under the 49 Percent Exemption for R2T4 Receive Exit Counseling?
Scenario:
A school has a group of students who have completed a module which encompasses 49 percent of the countable days in the term and, therefore, are exempt from having an R2T4 processed. Must these students receive exit counseling since they are considered to be completers?
Answer:
No. While the students may be considered completers of the term, exit counseling would only be required shortly before the student ceases half-time enrollment. Exit counseling is required if the student graduates from the program or the student withdraws without the school’s prior knowledge. In the case of a student withdrawal, exit counseling should be completed within 30 days. [See 34 CFR 685.304(b)]
You can find more information about R2T4 in the Student Aid Reference Desk.
Publication Date: 12/22/2021
Comments Disclaimer: NASFAA welcomes and encourages readers to comment and engage in respectful conversation about the content posted here. We value thoughtful, polite, and concise comments that reflect a variety of views. Comments are not moderated by NASFAA but are reviewed periodically by staff. Users should not expect real-time responses from NASFAA. To learn more, please view NASFAA’s complete Comments Policy.
Related Content
Return of Title IV Funds - March 2023
Return of Title IV Funds Specialist Designation
Are We Required To Have a Written Policy For Withdrawals and Return of Title IV Funds?
Pop Quiz - Is an R2T4 Calculation Required if the Student Withdraws After 60 Percent of the Term?
Today's News for October 11, 2022
Return of Title IV Funds - September 2022
Return of Title IV Funds: To Freeze or Not to Freeze
Can We Round Clock Hours Up When Determining If the Student Completed the Payment Period?
What Is the Midpoint For an Unofficial Withdrawal From a Program Offered In Modules?
Return of Title IV Funds: 2022-23
White House Extends Coronavirus National Emergency
Which Is Best, an R2T4 Freeze Date or No R2T4 Freeze Date?
When Not Using an R2T4 Freeze Date, What Does "Eligible For" a Type Of Aid Mean?
Pop Quiz - What Is the Order of Return of Funds From a Stale Dated Check?
Do the R2T4 Waiver and Withdrawal Benefits Apply For the 2021-22 Award Year and Beyond?
How Does a Long Break Between Modules Affect the 49% Calculation For R2T4?
Pop Quiz – Has the Order of the Return of Title IV Funds Changed?
Can a Student Who Qualifies For An R2T4 Exemption Also Receive An R2T4 Waiver Under the CARES Act?
Is R2T4 Required If a Student Earns an "F" In the Only Module In Which He Was Enrolled For the Term?
How Do We Determine the Number Of Countable Days For the 49% R2T4 Exemption?
For NSLDS Enrollment Reporting, How Do We Report a Student Who Qualifies For an R2T4 Exemption?
Do Multiple R2T4 Freeze Dates Function the Same As Multiple Pell Recalculation Dates?
Does Enrollment In a Full-Term Course Impact Counting Days In Modules For the 49% R2T4 Exemption?
How Does Late Reporting Of Grades Affect R2T4 Processing Under the Rules Effective July 1, 2021?
Advertisement
You must be logged in to comment on this page.