Return of Federal Title IV Funds Policy
Colleges of the Dallas County Community College District perform a (R2T4) calculation to determine earned and unearned funds received from Federal Student Aid. Unearned funds will be returned to the appropriate programs or lender in accordance with Federal Title IV student aid regulations, as amended, under 34 CFR, section 668.22(d) of the Reauthorization of the Higher Education Act of 1965.
The student receiving assistance from Federal Title IV programs is required to complete a minimum number of hours for which aid was received. If the student completely withdraws from school during the semester, or no longer attends, but fails to officially withdraw, the student may incur a financial obligation to the school. Return of Federal Title IV funds will be determined according to the following guidelines:
Return of Federal Title IV (R2T4) funds will be distributed according to statutory regulations with 45 days of the Date of Determination on the R2T4 worksheet. The funds will be returned to the appropriate federal programs in the order mandated by the regulation in section 34 CFR 668.22(i). The current order of distribution requires funds returned to student loans first, then the Pell Grant Program and other federal grant programs. The student will be notified regarding any outstanding financial obligation. If the student does not return the amount owed within the 45 day period, the amount of overpayment will be reported to the U.S. Department of Education (USDE) via the National Student Loan Database (NSLDS) and the student will be referred to the USDE for resolution of the debt.
Examples of this policy are available upon written request to Dallas County Community College District (DCCCD), Office of Financial Aid & Scholarship Programs 1601 South Lamar Street, Dallas, Texas 75215.