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Get the free 2023-2024 return to title iv funds policy acknowledgement

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20232024 RETURN TO TITLE IV FUNDS POLICY ACKNOWLEDGEMENT Student Name: ___ Student ID#: ___ Email: ___ Home/Cell Phone:___ OVERVIEW The Federal Regulations (CFR 668.22 and Guidance provided in DCL
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Return to Title IV refers to the process whereby federal student aid funding is returned to the U.S. Department of Education when a student who has received federal financial aid withdraws from school before completing a payment period or period of enrollment.
Institutions that participate in federal student aid programs and have students who withdraw from their courses are required to file a Return to Title IV calculation.
To fill out the Return to Title IV, institutions need to calculate the amount of federal funds earned by the student based on the percentage of the term completed and determine the amount of aid that must be returned.
The purpose of Return to Title IV is to ensure that students who do not complete their enrollment period are not unjustly enriched by federal student aid funds and that unearned funds are returned.
Institutions must report the student's last date of attendance, the total amount of federal aid disbursed, the total number of days in the payment period, and the amount of funds that need to be returned.
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