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Return to Title IV (R2T4)
Who is affected?
Federal financial aid recipients, who withdraw, drop or fail all of their courses in a term before completing more than 60% of the term are subject to repayment of some of the federal aid* they received.
Determination of Withdrawal
The date of withdrawal is based on the official records of the college in accordance with federal regulations. The federal repayment calculation is called R2T4 (Return to Title IV) and the amount to be repaid is based on a comparison of the amount the student actually received in federal aid to the length of time enrolled for the term. If a student stays enrolled for more than 60% of the term then the student is considered to have earned all of the aid received.
Repaying the Debt
You will be notified if you are required to repay a portion of your aid and will have 45 days to repay in full. If the amount owed is not repaid within those 45 days the debt will be referred to the U.S. Department of Education, and you will not be eligible to receive any additional federal financial aid at any school until the amount due is repaid in full, or satisfactory payment arrangements have been made with the U.S. Department of Education
*Federal aid includes the Pell Grant, FSEOG, and ACG,
Oxnard College, 4000 South Rose Ave. Oxnard, CA 93033 (805) 986 - 5800
