NAICU Washington Update

Department Announces New Reporting Option for Title IV Funds

April 30, 2021

The Department of Education’s Federal Student Aid office announced this week that it has updated its summary-level Return of Title IV (R2T4) reporting functionality for institutional CARES Act reporting.  According to the announcement, the R2T4 Lump Sum Reporting page is now available on the Common Origination and Disbursement System website.  

As a result of this update, institutions can use the new R2T4 page to report summary-level totals of Title IV funds that were not returned due to increased flexibility under the CARES Act. 

The deadline for reporting these funds for all award years through 2020–21 is Sept. 30, 2021. Institutions can report these funds using the R2T4 calculator or through the R2T4 Lump Sum Reporting page.

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