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Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

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Page 1: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Navigating R2T4

NHASFAA 2012Allene Begley Curto Springfield College

Page 2: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Navigation Tools for Return of Federal Aid When we are required to return

federal aid When we are required to offer federal

aid not yet disbursed How a student earns federal aid based

on attendance How we know when a student has

begun or has withdrawn (officially or unofficially)

Page 3: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

The Basic Concepts behind the Requirements…

If you never began attending, you are not eligible for federal aid

If you began but did not complete the term, you may not be eligible for all of the aid that you received

If you began but did not complete the term, you may still be eligible for some of the aid that you did not yet receive

US ED requires the school to know if a student began attendance and whether they completed the term

Page 4: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

We are required to return federal aid… If a student began attendance,

but withdrew before completing 60% of the term

If a student failed to pass at least one course that “spanned the term” and the school can not document that the student completed at least 60% of the term

Page 5: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

We are required to offera post-withdrawal disbursement.... If a student began attendance,

did not complete the term, but has earned aid which has not yet been disbursed, and

The student meets the requirements for a late disbursement

Page 6: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

What Aid has been earned? Did they begin? Did they complete? If they began but didn’t complete,

what percent of the term did they complete?

In how many courses did they actually begin?

What do we know and when did we know it?

Page 7: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

What Aid “could have been disbursed”? Was Stafford loan originated prior to

WD? Did student complete MPN prior to the

calculation? Was SEOG/Perkins awarded prior to

WD? Just because it could have been

disbursed doesn’t mean that you will disburse it!!

Page 8: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Who Knows? Who Tells FAO? How does the school know if a student

began attendance in at least one course?

How does the school know if the student stopped attending?

Who reviews students who fail to pass at least one course in a term?

How is FAO notified on any and all of the above?

How is it documented by the school?

Page 9: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Percentage Completed

Days Attended divided by Days in the Term = Percentage completed

Exclude scheduled breaks that are at least 5 consecutive days from both Days Attended and Days in the Term

Page 10: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Nonterm Credit HoursClock Hours Nonterm Credit Hour programs –

Number of Credit hours expected to be completed in payment period divided by number of credit hours completed at withdrawal.

Clock Hours – Total number of clock hours scheduled to be completed at time of withdrawal divided by total clock hours in period

Page 11: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Modules

Do all courses span the entire term?

Are there groups of courses that begin and end in less than the full term?

Do you have formal modules within the term with a specific begin and end date?

Page 12: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Formal Modules

Segments within the term If withdraws from one segment

must calculate return unless signs statement plans to enroll for next module

Even if signed statement will need to calculate return if does not enroll

Page 13: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Courses that do not span the term Attends course that has class

meetings/academic activities that do not span the term

If does not begin attendance in other courses, recalculate aid

If does not attend the full portion of term for which the course is scheduled may need to return aid and/or recalculate aid

Page 14: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Attendance

Must be documented by school – not just a statement by the student

If you are “required” to take attendance, you must use the last date of attendance (and not date of withdrawal for example)

Attendance can be an academic activity and not just a scheduled class date

Page 15: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Grant Overpayment

Limited to the amount by which the original grant overpayment is greater than half of the total Title IV grant funds received by student

A student does not have to repay a grant overpayment of $50 or less

Page 16: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Programs from which Funds are Returned

Pell Grant, SEOG, FFEL, Federal Direct Loan, Federal Perkins Loan, ACG, SMART

No funds are returned from FWS

Page 17: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Post-Withdrawal Disbursement Counseling

School required to contact student prior to making a post-withdrawal disbursement of loan funds

Explain obligation to repay loan funds Confirm loan funds still required by

student Document result of contact in file Post-withdrawal from loan to school

requires consent even if student owes balance to school

Page 18: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Return of Funds Timeline Must return unearned funds within 45

days of the date that it determines that student has withdrawn

Note that date that school determines student has withdrawn is not the date that FAO became aware of the fact!

Note that return is required in 45 days, but the calculation must still be done in 30 days from date school determined WD!

Page 19: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

Why we should know if a student began/completed the term… Successful completion of the

educational program is the goal Enrollment retention requires

knowledge of who is really here Students need

response/support/action if not attending or don’t register

Page 20: Navigating R2T4 NHASFAA 2012 Allene Begley Curto Springfield College

QUESTIONS AND ANSWERS