Return of Title IV (R2T4)

The Department of Education requires ENMU's Office of Financial Aid to recalculate federal financial aid eligibility for students who withdraw, drop out, are dismissed or take a leave of absence prior to completing 60 percent of the semester. Federal Title IV aid includes Pell Grant, Supplemental Educational Opportunity Grant (SEOG), Leveraging Educational Assistance Partnership (LEAP), the Perkins Loan, the Stafford Loan and the PLUS loan.

• To remain eligible for Federal student aid during the semester, the student must be attending classes, taking exams and completing required course work.
• The percentage of the period that the student remained enrolled is derived by dividing the number of days the student attended by the number of days in the period. Until a student has passed the 60% point of an enrollment period, only a portion of the student’s aid has been earned. A student who remains enrolled beyond the 60% point is considered to have earned all awarded aid for the enrollment period.
• A student who receives all F's for the semester will owe a refund to the Title IV Aid Programs. The refund will be calculated as if the student withdrew at 50 percent of the semester, unless the student's last day can be determined through an academically related activity.
• The unearned portion of Federal student aid funds will be returned to the appropriate aid program(s). The funds are returned in the following order:

• Federal Unsubsidized Stafford Loan
• Federal Subsidized Stafford Loan
• Federal Perkins Loan
• Federal Graduate PLUS Loan
• Federal PLUS Loan
• Federal Pell Grant
• Federal ACG Grant
• National SMART Grant
• Federal SEOG Grant

• Students withdrawing from classes are responsible for payment of any balance due after the required return of Federal student aid funds.

Have a question? Contact Us!

Office of Financial Aid
ENMU Station 20
1500 S Ave K
Portales, NM 88130
Local phone: 575.562.2194
Toll-free: 800.FOR.ENMU
Fax: 575.562.2198
financial.aid@enmu.edu