Gainful employment and financial value transparency reporting deadline delayed to Jan. 15
Natalie Schwartz
September 13, 2024
The second extension of the due date comes after lawmakers argued that colleges haven’t had enough time to comply amid financial aid tumult.
The U.S. Department of Education is delaying the reporting deadline for the gainful employment and financial value transparency regulations from Oct. 1 to Jan. 15, agency officials said Friday.
In its announcement, the department said the new timeline will ensure colleges can “prioritize critical activities that might still remain” from the rollout of the new Free Application for Federal Student Aid. The revamped FAFSA form was intended to ease completion, but its debut was marred by frequent delays and technical glitches.
Additionally, the reporting deadline extension will give colleges more time to prepare for the release of the FAFSA form for the 2025-26 academic year. The Education Department expects that form to be fully available by Dec. 1.
