Free tool · Title IV

The R2T4 calculator that shows its work.

Return of Title IV is the single most common source of program-review findings — because it's usually reconstructed by hand under deadline. Enter a withdrawal scenario below and watch every step compute, the way a program reviewer reads it. The scariest math in your building, made transparent.

Withdrawal scenario

Program type

Title IV aid disbursed (or could have been)Total scheduled clock hours in the payment periodScheduled hours completed as of the last date of attendanceInstitutional charges (tuition, fees)

Show your work

Return required

1
Percentage of the period completed360 ÷ 900 scheduled clock hours = 40.0%Over 60% means the student earned 100% of their aid and no Return is required.
2
Aid earned40.0% × $5,000.00 = $2,000.00
3
Aid unearned$5,000.00 − $2,000.00 = $3,000.00Unearned percentage: 60.0%
4
School returns the lesser of unearned aid or charges × unearned %min( $3,000.00 , $6,500.00 × 60.0% = $3,900.00 ) = $3,000.00
5
Remaining to be returned by the student$3,000.00 − $3,000.00 = $0.00Grants the student must repay receive a 50% protection in the official calculation; loan amounts are repaid under the loan’s terms.

% completed

40.0%

School returns

$3,000.00

Student returns

$0.00

Illustrative estimate to show the shape of the calculation — not an official Return determination. The federal R2T4 has additional rules (post-withdrawal disbursements, grant overpayment protection, modules, leaves of absence, the 14-day determination window). In ApolloSRM, the last date of attendance is already on the live record, so this math runs continuously with every figure shown — not reconstructed under audit pressure.

Now imagine this running continuously.

In ApolloSRM the last date of attendance is already on the live record — so R2T4, LDA, and SAP are computed continuously, with the math shown, instead of rebuilt the quarter before an audit.

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