Use the Student Withdrawal Status Code Validation (STVWDRL) page to define Title IV withdrawal status codes.
| Fields | Descriptions |
|---|---|
| Code | Code of the Title IV withdrawal status. When a Title IV withdrawal status code record has been saved, the code entered in this field cannot be changed. When this code has been used in any other record, the Title IV withdrawal status code record cannot be deleted. |
| Description | Description of the Title IV withdrawal status. |
| TIV Update Ind | Title IV Aid Recalculation Indicator. This check box is used to specify whether records with this status will cause financial aid records to be updated (as opposed to allowing recalculation in audit mode only). Check this check box to process Title IV recalculation.
An optional crosswalk column exists on STVESTS referencing these codes if desired so that the SFAWDRL withdrawal code will be automatically updated/created upon withdrawing a student through the batch process or online with the code. However, the TIV Record (Indicator) will not be automatically checked on SFAWDRL. This must be performed manually, directly on the page. |
| Period Midpoint Ind | Title IV Period Midpoint Indicator. This check box is used to specify whether records with this status will generate a 50% refund for a student who has withdrawn, but has no withdrawal date from which to figure the refund amount. When a student leaves without notice and does not return, the refund is based on the date at which half the semester has been completed or 50%. Check this check box to process the refund at 50%. |
| Activity Date | Date on which the record was last updated. Display only. |