Return of Title IV Funds Software
The U.S. Department of Education (ED) recently released an Announcement, dated April 26, 2000, regarding the pre-release edition (Version 1.0) of the Return of Title IV Funds software product. As you know, the rules regarding the treatment of Title IV funds when a student withdraws have changed significantly and should be fully implemented by October 7, 2000. The Return of Title IV Funds software is designed to assist schools in calculating and managing the return of Title IV funds in student withdrawal situations, and can be used to process and analyze information for multiple processing years.
Prior to releasing a finalized software product, ED offers schools the opportunity to review Version 1.0 and provide input. ED will analyze this feedback and determine if a follow-up version of the Return of Title IV Funds software will need to be released. Suggestions and feedback should be directed to CPS@NCS.COM, using an e-mail subject line of: "Return of Title IV Funds Feedback." Submissions must be received by May 19, 2000.
Version 1.0 is available in two formats and may be downloaded from ED's SFAdownload web site at http://www.SFAdownload.ed.gov. This web site also contains The Return of Title IV Funds Installation Guide and the Version 1.0 Cover Letter containing important information and system requirements.
If you need assistance connecting to the SFAdownload web site or downloading Version 1.0, you may contact ED's Title IV WAN Customer Service at 800-615-1189 or via e-mail at T4WAN@NCS.COM. If you encounter technical problems once the software has been downloaded, contact CPS Customer Service at 800-330-5947, option 9, or via e-mail at CPS@NCS.COM. A copy of this Announcement can be obtained from ED's web site at http://ifap.ed.gov. If you are unable to access this web site and would like a copy, please contact Lynda Reid at (801) 321-7211. Any questions regarding this Bulletin can be directed to the UHEAA Policy and Training Department at (801) 321-7166 or by e-mail at cjudd@utahsbr.edu.