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Return of Title IV Funds on the Web includes a view of students who have been notified of their obligations in a Title IV grant overpayment situation but have not made repayment arrangements. In addition, students who owe only a Title IV loan repayment will be listed. Schools should select repayment arrangement type 6 and notify the loan holder of the student’s withdrawal. To access this view, click Student Record Status on the R2T4 menu. A list of available student record status reports appears.

To access the Student Repayment Arrangements - Not Completed view, click View next to the Status Information row for Number of students who have been notified but have not made arrangements to repay.

The Student Repayment Arrangement - Not Completed page shows a list of students for whom you need to enter the Repayment Arrangement Type and the Action Date for the Repayment Arrangement Type selected.

Click Submit to save your changes.

Note: If the original amount of a Title IV grant overpayment is $50.00 or less, see the topic Student Notification.

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:

 

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