On August 18, 2016, the US Department of Education (ED or the Department) issued a Dear Colleague Letter (DCL) providing additional guidance on issues related to the requirements for third parties that provide financial aid services (Servicers).
The Gainful Employment Rules became effective on July 1, 2015, and you probably already know that your institution has a deadline to report six years’ worth of institutional, student and financial data to the Department of Education (ED) by July 31.
On Monday, July 25, the US Department of Education (ED or the Department) formally released a Notice of Proposed Rulemaking (NPRM) to amend its current state authorization regulations, particularly with respect to distance education programs.
On June 23, the National Advisory Committee on Institutional Quality and Integrity (NACIQI) will meet to consider the recommendation of US Department of Education (ED or the Department) staff that the Accrediting Council for Independent Colleges and Schools (ACICS) be removed from the list of accrediting agencies recognized by the Department as a reliable authority regarding the quality of education or training offered by institutions it accredits.
Almost four months after the marathon negotiated rulemaking ended in March without consensus, the US Department of Education (ED) has released a massive Notice of Proposed Rulemaking describing how it plans to refocus the rules governing the Borrower Defense to Repayment (BDTR) provision of the Higher Education Act (HEA).
The US Department of Education has set the deadline for institutions to file corrections to their “student completer lists” as the next major step in ED’s effort to publish the first set of rates under the Gainful Employment Rule.
This memo discusses the proposed process for students to file claims to have their federal loans forgiven, as well as the role of institutions in that process, under the Final Draft of the BDTR Rule.
The US Department of Education just announced its intent to issue the first set of official Debt to Earnings Rates (D/E Rates) under the Gainful Employment Rule (GE Rule) in January 2017.