Janie Burns University Financial Aid Director. Notice of Intent NOTICE OF INTENT...

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Janie Burns University Financial Aid Director

Transcript of Janie Burns University Financial Aid Director. Notice of Intent NOTICE OF INTENT...

Page 1: Janie Burns University Financial Aid Director. Notice of Intent NOTICE OF INTENT Name:_________________________________ Last 4 of SSN: XXX-XX-_______.

Janie BurnsUniversity Financial Aid Director

Page 2: Janie Burns University Financial Aid Director. Notice of Intent NOTICE OF INTENT Name:_________________________________ Last 4 of SSN: XXX-XX-_______.

Notice of IntentNOTICE OF INTENT

Name:_________________________________ Last 4 of SSN: XXX-XX-_______

I confirm that I will attend additional classes beginning on the following date________________.

This class/classes are in the same payment/enrollment period of the course I am dropping. I am NOT withdrawing from Bethel University.

______________________________________________________________________________ _________________________

Student Signature Date

******Notice from the Financial Aid Office****** The Financial Aid office is required to obtain a letter of intent from the student when they drop a course to

confirm that they are planning to continue attendance.

If a notice of intent is not received within 7-days Financial Aid funding amounts could be affected by the drop or non-attendance. The date of continued enrollment must also start within 45 calendar days after the end of the module the student ceased attending or the student will be considered withdrawn for that payment period.

Page 3: Janie Burns University Financial Aid Director. Notice of Intent NOTICE OF INTENT Name:_________________________________ Last 4 of SSN: XXX-XX-_______.

FLOW CHARTDid student drop a module or fail to

attend a module that the student was scheduled to attend?

Did student drop a module or fail to attend a module that the student was

scheduled to attend?

YES

An R2T4 is not required. Grants may need to be adjusted based on enrollment status.

ON

Is the student currently attending another module within the payment period?

Did the student complete a Notice of Intent to begin a module in the same payment period within 45 days of the last module completed ?

YES

An R2T4 is not required. Grants may need to be adjusted based on enrollment status.

YES

N

O

The student is considered to be withdrawn and an R2T4 is required.

Page 4: Janie Burns University Financial Aid Director. Notice of Intent NOTICE OF INTENT Name:_________________________________ Last 4 of SSN: XXX-XX-_______.

EXAMPLEA student enrolls for one three-credit course in each of the three modules. Student ceases attending module 1 after completing 10 days. The student does not confirm attendance in a later module. The student does not attend module 2, but returns for the one 3-credit course in module 3. The student withdraws from module 3 after completing 15 days.

Our issue on this was how to correctly count the days the student attended and use the R2T4 web calculation sheet.

Could not use the web sheet because it was based on calendar days.I asked on Finaid-List if anyone had a R2T4 calculation sheet in Excel and I received several responses. I found one that worked well for us that I could put in the number of days scheduled to attend and the number attended to obtain a calculation rather than performing a hand calculation.

The correct calculation on this scenario can be found in the 2012-13 FSA Handbook, Volume 5, Case example Six and Seven.

Page 5: Janie Burns University Financial Aid Director. Notice of Intent NOTICE OF INTENT Name:_________________________________ Last 4 of SSN: XXX-XX-_______.

Excellent ResourcesQ&A LINK FOR DEAR COLLEGE LETTERS ON R2T4 FOR MODULES

http://www2.ed.gov/policy/highered/reg/hearulemaking/2009/return.html#module

Offers 15 Q&A examples for Modular Based Programs

FEDERAL STUDENT AID HANDBOOK 2012-13 VOLUME 5http://ifap.ed.gov/fsahandbook/1213FSAHbkVol5.html

Has 4 Case Studies on Modular Based programs with excellent examples.

Mailing Lists for Financial Aid Administrators http://www.finaid.org/educators/maillists.phtml

Excellent place to post a question and get assistance from your peers. Recommend that you request the summary.Put the word Set finaid-l digest in the body of the email to subscribe.

ASK YOUR PEERS