<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=us-ascii">
<meta name="Generator" content="Microsoft Word 15 (filtered medium)">
<!--[if !mso]><style>v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style><![endif]--><style><!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
{font-family:"Lucida Sans";
panose-1:2 11 6 2 3 5 4 2 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:#0563C1;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:#954F72;
text-decoration:underline;}
p
{mso-style-priority:99;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:12.0pt;
font-family:"Times New Roman",serif;}
span.EmailStyle17
{mso-style-type:personal-compose;
font-family:"Arial",sans-serif;
color:windowtext;}
.MsoChpDefault
{mso-style-type:export-only;
font-family:"Calibri",sans-serif;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang="EN-US" link="#0563C1" vlink="#954F72">
<div class="WordSection1">
<p class="MsoNormal"><span style="font-size:11.5pt;font-family:"Lucida Sans",sans-serif;color:black"><a href="https://nam04.safelinks.protection.outlook.com/?url=http%3A%2F%2Fnasfaa.informz.net%2Fz%2FcjUucD9taT0xMDIyMjQ3MCZwPTEmdT0xMDA3MDA3NjE0JmxpPTg5NTkwMzY2%2Findex.html&data=04%7C01%7Clori.boyd%40okstate.edu%7C9cee910839c248d85d9f08d97c2e85ab%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637677361519786933%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=0UoV2%2F9TV7EmDNqzw40p24Jim4az4o8VMqQ0xdPgR%2Fc%3D&reserved=0" target="_blank"><span style="border:none windowtext 1.0pt;padding:0in">AskRegs
Knowledgebase Answers: If There Is Only One Module In a Period, Are All Other Days Excluded From the 49% Calculation for R2T4?</span></a>
<img border="0" id="_x0000_i1025" src="https://www.nasfaa.org/assets/images/lock.jpg" alt="Login Required"><o:p></o:p></span></p>
<p style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;-webkit-box-sizing: border-box;-moz-box-sizing: border-box;box-sizing:
border-box">
<span style="font-size:11.5pt;font-family:"Lucida Sans",sans-serif;color:black">No. NASFAA has received confirmation from the U.S. Department of Education (ED) that, in this scenario, all the days in the payment period or period of enrollment (the period) would
be included as “countable days” when determining a student’s eligibility for the 49% R2T4 exemption (or withdrawal exemption). View the
<a href="https://nam04.safelinks.protection.outlook.com/?url=http%3A%2F%2Fnasfaa.informz.net%2Fz%2FcjUucD9taT0xMDIyMjQ3MCZwPTEmdT0xMDA3MDA3NjE0JmxpPTg5NTkwMzY3%2Findex.html&data=04%7C01%7Clori.boyd%40okstate.edu%7C9cee910839c248d85d9f08d97c2e85ab%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637677361519796936%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=tR3odbDNtwW8DRatts9PCSdlId2zuiyoR5J8RAuHe0A%3D&reserved=0" target="_blank">
<span style="border:none windowtext 1.0pt;padding:0in">full answer to this question</span></a> to learn more.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="margin-left:5.4pt;border-collapse:collapse">
<tbody>
<tr style="height:41.85pt">
<td width="246" rowspan="2" style="width:184.5pt;padding:0in 5.4pt 0in 5.4pt;height:41.85pt">
<p class="MsoNormal"><a href="https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fgo.okstate.edu%2F&data=02%7C01%7Clori.boyd%40okstate.edu%7Cfcfeed9a6b784060435408d715e51342%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637001945918207338&sdata=%2BDg8VmxLrfRa2Pl%2BEOEPX7il6X1boaRSTQT0V%2BWSErk%3D&reserved=0"><span style="color:#1F497D;text-decoration:none"><img border="0" width="216" height="96" id="Picture_x0020_1" src="cid:image001.png@01D7ADF6.32953BC0" alt="cid:image001.png@01D5373C.65A18FB0"></span></a><span style="color:#1F497D"><o:p></o:p></span></p>
</td>
<td width="260" style="width:194.8pt;padding:0in 5.4pt 0in 5.4pt;height:41.85pt">
<p class="MsoNormal"><b><span style="font-family:"Arial",sans-serif;color:#FE5C00">LORI BOYD</span></b><span style="color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:8.0pt;font-family:"Arial",sans-serif;color:black">ASSISTANT DIRECTOR OF<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-size:8.0pt;font-family:"Arial",sans-serif;color:black">FISCAL OPERATIONS<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:7.5pt;font-family:"Arial",sans-serif;color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:7.5pt;font-family:"Arial",sans-serif;color:black">Office of Scholarships and Financial Aid</span><span style="color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal" style="line-height:150%"><span style="font-size:7.5pt;line-height:150%;font-family:"Arial",sans-serif;color:black">405.744.8730
</span><span style="font-size:7.5pt;line-height:150%;font-family:"Arial",sans-serif;color:#FE5C00">•</span><span style="font-size:7.5pt;line-height:150%;font-family:"Arial",sans-serif;color:#FA6400">
</span><span style="font-size:7.5pt;line-height:150%;font-family:"Arial",sans-serif;color:black">119 Student Union</span><span style="font-size:7.5pt;line-height:150%;font-family:"Arial",sans-serif;color:#FE5C00"> •
</span><span style="font-size:7.5pt;line-height:150%;font-family:"Arial",sans-serif;color:#1F497D"><a href="https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fgo.okstate.edu%2Fscholarships-financial-aid%2Findex.html&data=02%7C01%7Clori.boyd%40okstate.edu%7Cfcfeed9a6b784060435408d715e51342%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637001945918217346&sdata=BwzGz5gMsxJvdRDVhin%2BcD78kNgHFZrYqLK4pdlTeTw%3D&reserved=0"><span style="color:#1F497D">finaid.okstate.edu</span></a></span><span style="color:#1F497D"><o:p></o:p></span></p>
</td>
</tr>
<tr style="height:4.0pt">
<td width="260" style="width:194.8pt;padding:0in 5.4pt 0in 5.4pt;height:4.0pt"></td>
</tr>
<tr style="height:27.55pt">
<td colspan="2" style="padding:0in 5.4pt 0in 5.4pt;height:27.55pt">
<p class="MsoNormal"><a href="https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fgo.okstate.edu%2F&data=02%7C01%7Clori.boyd%40okstate.edu%7Cfcfeed9a6b784060435408d715e51342%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637001945918227355&sdata=e39Gdr6Th679CJptxOjgoOdvAYLG9g2h2Kkp08RfoRY%3D&reserved=0"><span style="color:#1F497D;text-decoration:none"><img border="0" width="471" height="24" id="Picture_x0020_2" src="cid:image002.png@01D7ADF6.32953BC0" alt="cid:image010.png@01D5373D.52894C00"></span></a><span style="color:#1F497D"><o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
</body>
</html>