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In scenario 1 above, how is the second disbursement of the Federal Stafford Loan treated?

April 26, 2017disbursement Federal loan scenario Stafford treated

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In scenario 1 above, how is the second disbursement of the Federal Stafford Loan treated?

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A. The school must include the net amount of the second Federal Stafford Loan disbursement in aid that could have been disbursed in the return of Title IV funds calculation for the purpose of determining the total amount of Title IV aid earned during the second payment period. However, if the school determines the student earned more Title IV aid than was disbursed, the school must not include any of the second disbursement in a post-withdrawal disbursement.