Title IV Disbursements What is a Title IV disbursement? • When institution credits student’s tuition account or pays student directly with Title IV funds- • Received from Secretary • Institutional funds used in advance of receiving Title IV program funds
Must disburse funds by
payment period (except FWS)
• Student must successfully
complete all clock hours AND
weeks must elapse in a
payment period before next
payment period begins
payment period (except FWS)
• Student must successfully
complete all clock hours AND
weeks must elapse in a
payment period before next
payment period begins
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