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…

The role of lawyers representing colleges on Title IV (Higher Education Act) student aid issues is to prevent, identify, correct, negotiate, resolve, or litigate regulatory problems confronting participating colleges. These functions also extend to problems arising before the existence of accrediting agencies, state licensing bodies, guaranty…