Using R2T4 on the Web: A Hands-On Overview

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Session 27

• Using R2T4 on the Web A Hands-On Overview

Marya Dennis, U.S. Department of Education Derek
Kalm, Pearson Government Solutions
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Agenda

• A Brief History of Return of Title IV Funds
  (R2T4)
• What is R2T4 on the Web?
• Whats New?
• Accessing R2T4 on the Web
• R2T4 on the Web functionality
• Hands-on Exercises

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A Brief History of R2T4

• Simply stated If a recipient of Title IV aid
  withdraws during a payment period or a period of
  enrollment, the institution must calculate the
  amount of Title IV aid the student earned. 
  Unearned Title IV funds must be returned to the
  Title IV programs.
• Prior to 1999/2000 called Refunds and
  Repayments (refund of unearned institutional
  charges)
• Effective July 1, 2000, the 1998 Reauthorization
  of the HEA and Negotiated Rule Making changed
  this regulation to the Treatment of Title IV,
  HEA program funds when a student withdraws from
  an institution, AKA Return to Title IV Funds

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A Brief History of R2T4

• R2T4 PC Software became available on April 25,
  2000
• R2T4 on the Web became available on September 14,
  2004
• R2T4 on the Web with HERA updates became
  available on August 7, 2006

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What is R2T4 on the Web?

• Web-based software that calculates and manages
  the return of Title IV funds
• Available through FAA Access to CPS Online
• Need to be enrolled on SAIG Enrollment web site
  (https//www.fsawebenroll.ed.gov/)

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Whats New?

• The Higher Education Reconciliation Act (HERA) of
  2005 (effective July 1, 2006) changed some steps
  in the Return of Title IV Funds calculation
• R2T4 on the Web supports all Withdrawal Dates
  prior to and on or after July 1, 2006
• R2T4 PC software cannot be used for students who
  withdrew on or after July 1, 2006.

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Accessing R2T4 on the Web

• Access through FAA Access to CPS Online
• http//www.fafsa.ed.gov/FOTWWebApp/faa/faa.jsp
• Confirming Your Identity (SSN, Last Name, DOB,
  PIN)
• FAA Main Menu Select the Return of Title IV
  Funds on the Web option
• Enter TG and Federal School Code

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R2T4 on the WebFunctionality
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Functions Home/Welcome Page

• Top Navigation
• Left Navigation
• Help links
• Bottom Navigation

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Functions Setup Screens

• Institutional Charges
• School Calendar Profile
• User-Specified Fields

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Functions R2T4 Record

• Create New Record
• Overview tab
• Demographics tab
• R2T4 tab
• Post-withdrawal Disbursement tab
• Notes tab
• User Data tab

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Functions R2T4 Record

• Find Existing Record
• Search by SSN and/or Last Name

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Functions Status Screens

• Student Notification
• Student Repayment Arrangements (2)
• School Portion of Title IV Funds (2)
• Students with a Post-withdrawal Disbursement
• Student Records Referred to Dept. of Education

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Functions Reports

• Student Listing
• Student Notification
• Student Repayment Arrangements
• School Portion of R2T4 Returned
• Students With a Post-Withdrawal Disbursement
• Student Records Referred to Dept. of Education

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Functions Data Export

• Comma-delimited text file
• Browse Data
• HERA impact to both of these.

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Technical Assistance

• We appreciate your feedback and comments.
• CPS/SAIG Technical Support can be reached at
• Phone [phone]
• Fax [phone]
• Email CPSSAIG_at_ed.gov

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Questions and Comments

• Need more information while at the conference?
• Attend Session 11 Return of Title IV Funds
  HERA Policy and Implementation Changes for
  additional detail.
• Come to the PC lab for assistance.

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Hands-On Exercises