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Money movement

R2T4 returns

An enrollment drop to zero triggers the Return of Title IV calculation the same second, with thirteen internal checks and the clocks keyed to the withdrawal and determination dates.

34 CFR 668.22

What starts it

A student withdraws, or stops attending, and the 45-day clock starts.

What Eli does

Eli computes the completed percentage with the day count, the earned and unearned split, and the return order under 34 CFR 668.22, then runs thirteen internal checks against its own result. The school share comes out shaped for a mass-award upload.

What a person decides

A named reviewer puts their name to the return before anything posts. A case that should not be decided alone routes to a person, not to a confident number.

Open the Returns Desk demoOpen the demo

More in money movement

  • Schedule of Reductions
  • Fiscal close

Every demo runs on synthetic data. No real student, IRS, or FAFSA records.

Eli

The Financial Operations Desk for financial aid offices. Software, or our team working it with you. Staff keep every sign-off.

The front door

  • Forms and guided intake
  • The hotline
  • Chat
  • Front desk assistant

Casework & judgment

  • Professional judgment
  • SAP appeals
  • Verification of income
  • FAFSA fraud & V4/V5 identity

Money movement

  • R2T4 returns
  • Schedule of Reductions
  • Fiscal close

Reporting & assurance

  • Annual reporting
  • Assurance
  • Aid dashboard
What we solveHow it worksWhy EliSecurityTrust centerThe 5-minute proofThe 90-day pilotLog in to the demo
Email pat@tryeli.comSynthetic-data demo. No real student, IRS, or FAFSA records. © 2026 Eli.