Reviewing Return of Title IV Funds Summary


Concept


Steps:

  1. Begin by navigating to the Return of TIV Funds Summary page.

     

    Click the Financial Aid link.

    Step 1
  2. Click the Return to Title IV Funds HERA link.

    Step 2
  3. Click the Review Summary of TIV Return link.

    Step 3
  4. Click in the Aid Year field.

    Step 4
  5. Enter the desired information into the Aid Year field. Enter

     a valid value
     e.g.
     "2007"
    .

    Step 5
  6. Click in the Term field.

    Step 6
  7. Enter the desired information into the Term field. Enter

     a valid value
     e.g.
     "0565"
    .

    Step 7
  8. Click the Search button.

    Step 8
  9. Use the Return of TIV Funds Summary page to view a summary of a student’s return of TIV funds calculation.

    Step 9
  10. Click the Go To Worksheets link.

    Step 10
  11. The system opens a new browser window and takes you to the Return of TIV Aid page. Use this page to view RTIV withdraw calculation detail, recalculate  the withdrawal, or add a new student who has withdrawn.

    Step 11
  12. Click the Close button.

    Step 12
  13. Click the Summary tab.

    Step 13
  14. The Summary tab displays withdrawal, cancel, and institutional determination dates.

    Step 14
  15. The Undetermined Withdrawal Date check box is selected if the student withdrew unofficially. This information comes from the Return TIV Aid page. The system displays a date to indicate the midpoint of the payment period if the student unofficially withdraws. You can update this field if you want to use a different withdrawal date.

    Step 15
  16. The Withdrawal\Cancel Date field indicates the last date of recorded attendance, the date the student began the withdrawal process, the date the student provided to your school with the intent to withdraw, or the midpoint of the payment period if the student unofficially withdraws.

     

    The system displays the default date based on the date that was established in Student Records.

    Step 16
  17. The Institutional Determination Date field indicates the withdrawal date determined by the financial aid office.

    Step 17
  18. Click the Calculation Period tab.

    Step 18
  19. The Calculation Period tab displays the time period the system uses to define the start and end date of the payment period or enrollment period. It also displays the amount of aid the student may be eligible for as a post-withdrawal disbursement. If the student received less than his eligibility, the system displays the amount to be disbursed.

    Step 19
  20. Click the Worksheet Data tab.

    Step 20
  21. The Worksheet Data tab displays the amount of aid the institution must return to the Title IV programs and the status or the amount due from the student and the status.

    Step 21

You have successfully reviewed a detailed summary of the student's return of funds calculation.

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