Return of Title IV Funds - September 2022

Start Date: September 6, 2022
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, including the regulations that went into effect on July 1, 2021. 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  • Lesson 2: Determining if a Student has Withdrawn and the Student's Withdrawal Date
  • Lesson 3: Modules and the Return of Title IV Funds Freeze Date
  • Lesson 4: The Return of Title IV Funds Formula
  • 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. 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).

Live Instruction Schedule 

Date

Time

Session

9/06/2022

2:00 p.m. ET

Intro Session and Lesson 1 Instruction

9/08/2022

2:00 p.m. ET

Application Session

9/12/2022*

2:00 p.m. ET

Lesson 1 Review and Lesson 2 Instruction

9/15/2022

2:00 p.m. ET

Application Session

9/20/2022

2:00 p.m. ET

Lesson 2 Review and Lesson 3 Instruction

9/22/2022

2:00 p.m. ET

Application Session

9/27/2022

2:00 p.m. ET

Lesson 3 Review and Lesson 4 Instruction

9/29/2022

2:00 p.m. ET

Application Session

10/04/2022

2:00 p.m. ET

Lesson 4 Review and Lesson 5 Instruction

10/06/2022

2:00 p.m. ET

Application Session

10/12/2022**

2:00 p.m. ET

Lesson 5 Review & Wrap-Up

   

* Monday due to NASFAA Staff training
**Wednesday 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: 

  • Complete the course with a passing grade of at least 93%;
  • Hold the NASFAA Credential in Return of Title IV Funds; and 
  • 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 FAAC, 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

Tonya Hsiung David Downing Brenda Hicks
Tonya Hsiung
NASFAA U Manager
David Downing
NASFAA U Instructor
Brenda Hicks
Adjunct Instructor

NASFAA U Course Policies

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 [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 September 1, 2022
  • $50 cancellation fee September 1, 2022 - September 5, 2022

If you do not cancel by 6:00 a.m. ET, September 6, 2022, 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 Payment Option

This course is eligible for NASFAA Learning Credit usage.

Additional Questions

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


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