New Items

(GENERAL-24-30) Updates on the Use of eZ-Audit for the Electronic Submission of Annual Financial and Compliance Audit Statements for Proprietary Institutions

Federal Student Aid  April 2, 2024 This Electronic Announcement outlines annual financial statements and compliance audit submission guidance, including the 90/10 revenue footnote disclosure, for proprietary institutions with fiscal years that begin on or after January 1, 2023, with completed financial statements and compliance audits ready for submission. This Electronic Announcement also applies to proprietary […]

Read More

HOW CAN THE FOR-PROFIT EDUCATION INDUSTRY RESPOND TO NEW U.S. GOVERNMENT REGULATIONS?

A & M Vadim Tsysin April 2, 2024 As an estimated 25 million students pursued higher education at domestic institutions this past fall, the U.S. Department of Education formalized its most recent set of rules and regulations aimed at protecting students from what it considers to be low-performing educational programs. These rules have two major components: […]

Read More

Gainful Employment Take Two: Concerns for Rural Community Colleges

Federal Reserve Bank of Richmond Stephanie Norris and Laura Dawson Ullrich March 28, 2024 Introduction Last week, we wrote about the new gainful employment (GE) rules that go into effect this summer, along with the history and motivation of the GE policy. Beginning in July, higher education institutions across the country must begin submitting detailed data to […]

Read More

Education Department Heeds Calls to Delay Gainful Reporting Deadline

Inside Higher Ed Katherine Knott April 1, 2024 Colleges had asked for a later date, citing the administrative workload stemming from the bungled launch of the new FAFSA. They’ll now have until Oct. 1 to submit a range of new information about their programs. The Education Department said Friday it will push back the reporting […]

Read More