Step 11: Post Withdrawal Disbursement Tracking

This area displays the Allocation of the Post Withdrawal Disbursement to the various fund sources based on the previous calculations. This section will only be populated if a student is eligible to qualify for a Post Withdrawal Disbursement as per the Title IV regulation.

When an R2T4 Calculation is approved - by selecting on the Approve button at the bottom of the screen - the system will send a Post Withdrawal Notification if the student has Title IV Funds remaining to which they are entitled.

Note: The Automated Eligibility feature evaluates the scheduled award year funds using the automated awarding initial feature Disbursement Eligibility Rules and Disbursement Approval Criteria against the Application Processing data. The 2nd disbursement and any subsequent Federal Direct Loan disbursements that are received and paid after the LDA and before the Withdrawal date by an institution within the current payment period are considered an inadvertent overpayment and will be recorded within the "Could of Been Disbursed" column in Step 1 of the R2T4 calculation. These disbursements are scheduled as a refund for the total ineligible amount received to be sent to COD when a student has withdrawn and has not graduated or completed the Loan Period.

This area displays the:

• Current status of the Post Withdrawal Disbursement processing cycle

• Date the Post Withdrawal Disbursement Notice Loan Notification was sent

• Date by which a response should be received

• Status of the response

• Date the Post Withdrawal Disbursement was sent or mailed