During a semester, a student withdraws on September 15 and did not begin attendance in any classes. Do you need to complete an R2T4 for Title IV aid?

During a semester, a student withdraws on September 15 and did not begin attendance in any classes. Do you need to complete an R2T4 for Title IV aid?

• A. Not applicable
• B. No, because the student did not begin attendance so Title IV aid must be cancelled
• C. Yes, because the student withdrew before completing 60 percent of the semester so there will be unearned aid
• D. No, because the student completed at least 60 percent of the semester so all Title IV aid is considered earned

Answer: (B)

When a student withdraws, the Return of Title IV Funds (R2T4) calculation is used to determine how much Title IV aid was earned and how much must be returned. The key factor is attendance: earning a portion of aid relies on the student actually attending or being present in the term. If the student never began attendance in any classes, there’s no portion of the term that could be earned. In this situation, there isn’t any earned aid to calculate or return, so the appropriate action is to cancel the Title IV aid rather than run an R2T4. The funds wouldn’t have been earned or disbursed in a way that requires a return calculation, so cancellation is the correct path.

When a student withdraws, the Return of Title IV Funds (R2T4) calculation is used to determine how much Title IV aid was earned and how much must be returned. The key factor is attendance: earning a portion of aid relies on the student actually attending or being present in the term.

If the student never began attendance in any classes, there’s no portion of the term that could be earned. In this situation, there isn’t any earned aid to calculate or return, so the appropriate action is to cancel the Title IV aid rather than run an R2T4. The funds wouldn’t have been earned or disbursed in a way that requires a return calculation, so cancellation is the correct path.