R2TIV

Return of Title IV Funds (R2T4)

• What is R2T4?
  R2T4 is the process used to calculate if you need to return any federal Title IV financial aid when you withdraw from school during a semester.

• How It Works:

  • Assumption:
    Federal aid is given with the expectation that you will attend classes for the entire semester.
  • Withdrawing Early:
    • If you withdraw from all your courses before completing 60% of the semester, your aid is recalculated based on the percentage of the semester you completed.
    • In this case, you must return any unearned Title IV funds as determined by federal guidelines.
    • Important: Even if your college does not refund you for dropped classes, you are still responsible for repaying the unearned funds to the Department of Education or other programs.
  • Withdrawing Late:
    • If you withdraw after reaching the 60% point of the semester, you are allowed to keep all the Title IV aid awarded for that term.

• Responsibility:
  Your Home College is responsible for:

  • Calculating your R2T4 amount.
  • Notifying you of the amount (if any) that needs to be returned.
  • Handling the return of the funds as required.

Keep this information in mind when making decisions about withdrawing from classes to avoid any unexpected financial responsibilities.