Which statement describes the timing for post-withdrawal grant funds disbursement to the student?

Which statement describes the timing for post-withdrawal grant funds disbursement to the student?

• A. Within 45 days of withdrawal
• B. Within 14 days after the R2T4 calculation is completed
• C. Within 14 days after credit balance occurs
• D. Within 60 days after withdrawal

Answer: (A)

When a student withdraws, the school must determine how much Title IV aid was earned and what must be returned or disbursed. This is handled through the Return of Title IV Funds (R2T4) calculation. The timing is that the school has 45 days from the withdrawal date to complete the R2T4 calculation. If a post-withdrawal disbursement of grant funds is due, those funds are disbursed within that same 45-day window. The other options don’t align with this withdrawal-based 45-day requirement, such as disbursing after the calculation is finished, or only after a credit balance occurs, or delaying for 60 days. So the post-withdrawal grant funds should be disbursed within 45 days of withdrawal.

When a student withdraws, the school must determine how much Title IV aid was earned and what must be returned or disbursed. This is handled through the Return of Title IV Funds (R2T4) calculation. The timing is that the school has 45 days from the withdrawal date to complete the R2T4 calculation. If a post-withdrawal disbursement of grant funds is due, those funds are disbursed within that same 45-day window. The other options don’t align with this withdrawal-based 45-day requirement, such as disbursing after the calculation is finished, or only after a credit balance occurs, or delaying for 60 days. So the post-withdrawal grant funds should be disbursed within 45 days of withdrawal.