Return of Title IV Funds

Start Date: August 24, 2021
Duration: 4 Weeks
Price: $299.00

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This four-week interactive online course provides an overview of the return of Title IV funds (R2T4) regulations including the new regulations that went into effect on July 1, 2021, and COVID-19 flexibilities. 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. Live instruction, discussion topic collaboration, and assessments throughout the course will reinforce key concepts. Upon passing the course, you will receive complimentary access to the credential test.

Course Outline

  • Lesson 1: Introduction to Return of Title IV Funds
  • Lesson 2: Determining the Student's Withdrawal Date
  • Lesson 3: The Return of Title IV Funds Formula
  • Lesson 4: 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. Live instruction, reading assignments, discussion forums, interactive content, and assessments will reinforce key course concepts. 

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

  • Review educational video lessons
  • Complete learning assessments
  • Engage in online discussions
  • Collaborate with other financial administrators 

Weekly due dates for assessments are included in the course syllabus, and all assessments must be submitted by the course end date. The live instruction classes last approximately one hour and are recorded for on-demand viewing by the course attendee. While attendance in the live sessions is optional, we do encourage you to attend due to the collaborative nature of the courses. Please see the Live Instruction Schedule below for this course (subject to change at the discretion of the course instructors).

The time commitment is variable, but you can expect to spend an average of six to eight hours a week on a course. The time commitment will vary based on your prior knowledge of the course topic, your experience and comfort level in the online course environment, etc.

Live Instruction Schedule

Date

Time

Session

08/24/2021

2:00 p.m. ET

Intro Session and Lesson 1 Instruction

08/26/2021

2:00 p.m. ET

Application Session

08/31/2021

2:00 p.m. ET

Lesson 1 Review and Lesson 2 Instruction

09/02/2021

2:00 p.m. ET

Application Session

09/07/2021

2:00 p.m. ET

Lesson 2 Review and Lesson 3 Instruction

09/09/2021

2:00 p.m. ET

Application Session

09/14/2021

2:00 p.m. ET

Lesson 3 Review and Lesson 4 Instruction

09/16/2021

2:00 p.m. ET

Application Session

09/21/2021

2:00 p.m. ET

Lesson 4 Review & Wrap-Up

Course Instructors

David Downing, NASFAA U Instructor

David Downing David Downing joined NASFAA's Training and Regulatory Assistance team in 2019. Prior to joining NASFAA, he was the associate director of financial aid operations at Arizona State University responsible for oversight of verification processing and the Federal Pell Grant program. He has worked professionally in financial aid since 2004 also working at Washington State University as the assistant director of communications and at the University of Phoenix in training and content development as well as several other roles. He received his bachelor of science in business with a minor in human resource management from Western International University and master of arts in education/adult education and training from the University of Phoenix. He has also served as the communications chair, secretary, and volunteered on a variety of committees with the Western Association of Financial Aid Administrators (WASFAA). He lives in Mesa, Arizona with his wife Charity and their two boys, Skyler and Owen.

Tonya Hsiung, NASFAA U Instructor

Tonya Hsiung Tonya Hsiung joined NASFAA's Training and Regulatory Assistance team in 2019. Prior to joining NASFAA, she was the senior assistant director of financial aid at Franklin & Marshall College. Her interest in financial aid started as a work-study student and she has worked professionally in financial aid since 2002. She received a bachelor's degree in secondary mathematics education and master's degree in student affairs in higher education from Indiana University of Pennsylvania and a second bachelor's degree in business administration/accounting from Millersville University. She also volunteered for numerous committees and served for many years as the treasurer of the Pennsylvania Association of Student Financial Aid Administrators (PASFAA). She is married to her husband, Danny, and they have a daughter, Alana.

Gena Boling, FAAC®, Adjunct

Gena BolingGena Boling is the director of the office of enrollment compliance & design at Cornell University where she serves as both the compliance lead for the Division of Enrollment, working closely with partners in the offices of admissions, financial aid and university registrar, and as the university's lead compliance officer for compliance with the Higher Education Act, more broadly working with multiple compliance partners across campus. Before stepping into her current role, Gena served as a financial aid administrator in the Midwest, focusing on the areas of Title IV compliance and technology solutions and regularly draws on her past life in student affairs to force everyone to do icebreakers and ensure student-friendly compliance initiatives. Gena is a Certified Financial Aid Administrator® and holds 17 NASFAA Credentials and enjoys brainstorming innovative ideas for navigating the compliance landscape in higher education.

NASFAA U Course Policies

Credential Test Access

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

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.

Attendance Requirements and Due Dates

While there is flexibility built into our online courses to accommodate busy work and life schedules, our courses have weekly due dates, and all assessments must be submitted by the course end date. These due dates will be available in the syllabus, which becomes available on the first day of the course.

We also strongly encourage participation in the live instruction sessions, but archives will be available for on-demand viewing.

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. Internet Explorer is not supported. 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 nasfaa-u@nasfaa.org. 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 August 19, 2021
  • $50 cancellation fee August 19, 2021 - August 23, 2021

If you do not cancel by 6:00 a.m. ET August 24, 2021, 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 nasfaa-u@nasfaa.org.

Additional Payment Option

This item is eligible for NASFAA Credit Balance usage.

Additional Questions

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


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