Return of Title IV Funds on the Web calculates the post-withdrawal disbursement
amount to offer the student (Box E). This occurs when the amount in Box D
(amount of Title IV aid the student earned) is greater than Box A (total Title
IV aid disbursed). When a post-withdrawal disbursement is due, no other fields
on the R2T4 tab are calculated.
If you choose, you can use the post-withdrawal tracking sheet. The Post-Withdrawal
tab is available when at least one record has been saved on the R2T4 tab.
For detailed information and updates regarding related federal regulations,
review the Federal Student Aid (FSA) Handbook, which is available on the Department's
Information for Financial Aid Professionals (IFAP) Web site at
Note: The Return of Title IV Funds Web site uses different worksheets to perform calculations for R2T4 and Post-Withdrawal Disbursement student records, depending on the student’s withdrawal date. Different fields will appear, and different calculations may be made, depending on the worksheet version you are using. Note the following guidelines:
- Student records with a withdrawal date on or after July 1, 2008 are calculated based on provisions in the College Cost Reduction and Access Act (the CCRAA) of 2007, Pub.L. 110-84. For more information, click CCRAA.
- Student records with a withdrawal date on or after July 1, 2006 and prior to July 1, 2008 are calculated based on provisions of the Higher Education Reconciliation Act (the HERA) of 2005, Pub. L. 109-171. Certain changes related to the HERA also apply to records with a withdrawal date on or after July 1, 2008. For more information, click HERA.
- Student records with a withdrawal date prior to July 1, 2006 are calculated based on pre-HERA regulations.
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