85/15 Rule Reporting Reset is Coming October 1, 2021 – U.S. Department of Veterans Affairs

U.S. Department of Veterans Affairs

September 7, 2021
School Leadership, as you may recall, as of October 1, 2021, the Department of Veterans Affairs (VA) is rescinding and resetting all 35% Exemptions to standard 85/15 Rule reporting requirements. This means your Education and Training Institution (ETI) will be required to submit 85/15 Rule calculations either: No later than October 30, 2021 for institutions that don’t operate on a term, quarter, or semester basis, covering the previous quarter (July 1, 2021 – September 30, 2021). No later than 30 days after the beginning of each regular school term (excluding summer sessions), as published in the academic calendar for institutions that operate on a term basis, covering the current term. Institutions that meet the necessary exemption criteria may reapply for the 35% Exemption with their 85/15 calculation submission. A completed Statement of Assurance of Compliance with 85 Percent Enrollment Ratios for the corresponding reporting period must accompany any application. VA will provide a response within 90 days. Going forward, all 35% Exemptions will expire after 24 months and must be renewed with a new application at that time.

CONTINUE READING