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UNIVERSITY OF JAMESTOWN RETURN OF TITLE IV FUNDS POLICY 20162017 Definition Federal Title IV Funds include but are not limited to Well Grants, Federal Supplemental Education Opportunity Grants, Direct
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Return of Title IV funds is the process of returning federal financial aid when a student withdraws from classes before completing the semester.
The institution that administers federal financial aid is required to file the return of Title IV funds.
To fill out the return of Title IV funds, the institution must calculate the amount of aid that needs to be returned based on the student's last date of attendance.
The purpose of the return of Title IV funds is to ensure that students only receive financial aid for the time that they are enrolled and attending classes.
The return of Title IV funds must include the student's last date of attendance, the amount of aid disbursed, and the amount of aid that needs to be returned.
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