Request for Title IV Reimbursement or Heightened Cash Monitoring 2 (HCM2)

The collection of this information is needed in order for the Payment Analysts in Federal Student Aid, an office of the U. S. Department of Education, to review and process the institutional payment request for Title IV funds. The Higher Education Act of 1965, as amended (HEA) requires that the Secretary prescribe regulations to ensure that any funds eligible postsecondary institutions receive under the HEA are used solely for the purposes specified in and in accordance with the provision of the applicable program. 34 CFR 668.161 and 668.162 establish the rules and procedures for a participating institution to request, maintain, disburse, and manage Title IV program funds.

The latest form for Request for Title IV Reimbursement or Heightened Cash Monitoring 2 (HCM2) expires 2023-09-30 and can be found here.