2019 NASFAA Credentialing Sessions - Return of Title IV Funds and Administrative Capability
2019 NASFAA Credentialing Sessions
Return of Title IV Funds
and
Administrative Capability
Wednesday, April 17, 2019
Credentialing Sessions held at:
Midland University
900 N Clarkson St
Fremont, NE
Find them!
Registrations and payment must be submitted by April 10, 2019.
A confirmation and payment invoice will appear after you register. Make sure you print this page as it cannot be be recreated. Mail your payment, payable to NeASFAA, and a copy of your invoice to:
Janice Volker, NeASFAA Treasurer
University of Nebraska at Omaha
6001 Dodge St. EAB 103
Omaha, NE 68182-0187
Cost: $40 per session for NeASFAA members, $50 per session for non-members
Lunch is not provided.
Administrative Capability – 9:00am to 12:00pm
To earn this credential, you will need to be able to identify the measures of administrative capability by which a school is judged as being capable of adequately administering each Title IV program. You will need to know the standards defined in Title IV regulations, such as ensuring sufficient resources, resolving conflicting information, meeting all reporting requirements, and identifying potential fraud and abuse. This will help you demonstrate the ability to work with others at your institution to properly manage the Title IV aid programs and meet your school’s obligation to educate and prepare students.
The range of topics in this test include:
- General Concepts of Administrative Capability
- Adequate Resources, Separation of Functions, and Information Sharing
- Electronic Processes, Recordkeeping, and Contingency Planning
- Other Administrative Capability Requirements
Tests may include questions pertaining to a variety of program structures, such as credit- or clock-hour, term or nonterm, standard or nonstandard term, undergraduate or graduate/professional programs, and programs of various length (shorter than one year, two-year, four-year, certificate, etc.).
Return of Title IV Funds * - 1:00pm to 4:00pm
To earn this credential, you will need to know how to handle a student’s Title IV funds when he withdraws from school before completing the payment period or period of enrollment. You will need to know the basic requirements for the return of Title IV funds (R2T4), whether and when to apply the requirements, how to determine the student’s withdrawal date, how to calculate the return of funds for each Title IV program, all applicable deadlines, and the rules for making post-withdrawal disbursements. This will help you demonstrate the ability to protect the integrity of the Title IV programs by ensuring your school promptly returns federal funds for which a withdrawn student no longer qualifies.
The range of topics in this test include:
- General Concepts of Return of Title IV Funds
- Determining the Withdrawal Date
- Return of Title IV Funds Formula
- Post-Withdrawal Disbursements and Time Frames
Tests may include questions pertaining to a variety of program structures, such as credit- or clock-hour, term or nonterm, standard or nonstandard term, undergraduate or graduate/professional programs, and programs of various length (shorter than one year, two-year, four-year, certificate, etc.).
* Please use the U.S. Department of Education Return of Title IV Aid Credit Hour Worksheet and Clock Hour Worksheet. Please also ensure you have a calculator available to assist you with the scenario.