Return of Title IV Funds - April 2024

Start Date: April 22, 2024
Duration: 5 Weeks
Price: $349.00

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This five-week interactive online course provides an overview of the return of Title IV funds (R2T4) regulations. Course participants will learn what happens to Title IV funds when a student withdraws before completing the period of enrollment, withdrawal from programs offered in modules, and how to apply the R2T4 formula in order to calculate the amount the school must return to the Title IV programs, or the amounts the student could receive as post-withdrawal disbursement. This course is the perfect learning tool for intermediate and advanced level financial aid professionals designed to provide the necessary tools and subject matter expertise to guide you through the R2T4 process. If you meet the qualification requirements, you may also qualify for the Return of Title IV Funds Specialist designation

Course Outline

  • Lesson 1: Introduction to Return of Title IV Funds
  • Lesson 2: Determining if a Student has Withdrawn and the Return of Title IV Funds Formula
  • Lesson 3: Return of Title IV Funds for Programs Offered in Modules
  • Lesson 4: The Return of Title IV Funds Freeze Date
  • Lesson 5: Post-Withdrawal Disbursements and Time Frames

Course Structure

This course utilizes multiple teaching and learning methods to ensure participants develop a true understanding of the topic. 

As a participant of this course, you will be asked to:

  • Attend live instruction;  
  • Complete reading assignments;
  • Review educational video lessons;
  • Complete learning assessments;
  • Engage in online discussions;
  • Collaborate with other financial administrators.

While there is flexibility built into our online courses to accommodate busy work and life schedules and the time commitment is variable, you can expect to spend an average of six to eight hours a week on a course. Our courses have weekly due dates for assessments included in the course syllabus, which becomes available on the first day of the course. All assessments must be submitted by the course end date. The live instruction classes last approximately one hour and participation is strongly encouraged due to the collaborative nature of the courses. If unable to attend the live instruction, each class is recorded for on-demand viewing by the course attendee.

Live Instruction Schedule 

Date

Time

Session

4/22/2024

2:00 p.m. ET

Intro Session and Lesson 1 Instruction

4/25/2024

2:00 p.m. ET

Application Session

4/29/2024

2:00 p.m. ET

Lesson 1 Review and Lesson 2 Instruction

5/02/2024

2:00 p.m. ET

Application Session

5/06/2024

2:00 p.m. ET

Lesson 2 Review and Lesson 3 Instruction

5/09/2024

2:00 p.m. ET

Application Session

5/13/2024

2:00 p.m. ET

Lesson 3 Review and Lesson 4 Instruction

5/16/2024

2:00 p.m. ET

Application Session

5/20/2024

2:00 p.m. ET

Lesson 4 Review and Lesson 5 Instruction

5/23/2024

2:00 p.m. ET

Application Session

5/28/2024

2:00 p.m. ET

Lesson 5 Review & Wrap-Up
(Tuesday class due to federal holiday)

Credential Test Access

Complimentary access to the credential test is provided after successfully completing and passing the course. 

Return of Title IV Funds Specialist Designation 

To earn the complimentary Return of Title IV Funds Specialist designation, individuals must: 

  1. Complete the course with a passing grade of at least 93%;
  2. Hold the NASFAA Credential in Return of Title IV Funds; and 
  3. Complete the Return of Title IV Funds NASFAA Specialist exam with a passing score within the designated testing window.

Certified Financial Aid Administrator® Recertification Points

If you are a certified FAA, this course is eligible for eight Certified Financial Aid Administrator® Recertification Points (RPs). After successfully completing and passing the course, the points will automatically be added to your Dashboard.

Course Instructors

David Downing

Tonya Hsiung

Sheena Guntrum

David Downing
NASFAA U Instructor
Tonya Hsiung
NASFAA U Manager 
Sheena Guntrum
Adjunct Professor 

Technical Requirements

Your online course will be fully browser-based. We strongly recommend using Google Chrome or Firefox as your internet browser for the live instruction meetings. The audio portion of online courses will be delivered directly through your computer's speakers or attached headphones. We recommend you test your computer's ability to stream audio prior to joining the first live session. We encourage you to have a microphone set up so you can participate in our live instruction sessions, although it is not required. 

Accommodations

If you require any special accommodations for this course, please contact us at [email protected]. Accommodations must be requested at least two weeks prior to the start of the course.

Cancellation

By submitting your registration, you agree to the following cancellation schedule:

  • $25 cancellation fee before April 17, 2024
  • $50 cancellation fee April 17, 2024 - April 21, 2024

If you do not cancel by 6:00 am ET, April 22, 2024, you will be responsible for the full amount of the registration fee. Medical emergencies will be rescheduled to another available course with a doctor's note.

Requests to cancel must be sent to [email protected].

Additional Questions

For additional questions, please review the helpful guide of Online Course Frequently Asked Questions.


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