The semester in which the Title IV aid was disbursed, the following Return of Title IV Funds (R2T4) policy will be applied if a student, who is disbursed Title IV financial assistance, withdraws or stops attending class.
The school funding workplace is needed by federal statute to recalculate federal educational funding eligibility for students whom withdraw, drop away, are dismissed, and take a leave of lack ahead of completing a repayment or term. The federal Title IV aid that is financial needs to be recalculated in these circumstances.
The financial aid office recalculates eligibility for Title IV funds if a student leaves the institution prior to completing a payment period or term. Recalculation is dependant on the portion of earned help with the after Federal Return of Title IV funds formula R2T4: