Two attorneys discuss compliance issues surrounding the new rules concerning return of Title IV funds. They explain the calculation process and identify emerging legal issues and risk factors, including determination of student withdrawal rates, allowances for leaves of absence, the handling of inadvertent overpayments, and student grant repayment…

Describes the varied kinds of student aid fraud found to be occurring within and outside colleges and universities, and examines implications for public policy on student aid programs. Discusses specific fraud cases and their outcomes, and makes suggestions for institutional action if student fraud is suspected. (MSE)