Tag: Financial Aid
New Proposal Offers Limited Access to Federal Student Aid for Alternative Providers
On October 15, 2015, the US Department of Education (ED) issued a long-awaited notice announcing an “Experimental Sites Initiative” (ESI) to permit limited access to federal loan and grant programs for students enrolled in certain kinds of short, non-institutional educational programs.
“Ability to Benefit” is Back, But Not the Same
Jonathon Glass, Kate Lee Carey and Naomi Harralson May
Recently, a number of third-party test providers have begun promoting the Department of Education’s (ED) approval of their Ability-to-Benefit (ATB) assessments by notifying institutions that, after a three-year hiatus, they can once again award federal financial aid to students who do not have high school diplomas.
Third-Party Servicers – New Guidance from the Department of Education
The Department of Education (ED) issued a Dear Colleague Letter (DCL) on January 9th providing guidance on which entities should be classified as third-party servicers for purposes of the Title IV rules.
Department of Education Seeks Comments on New Data Collection and Validation for Reporting Use of “Third-Party Servicers”
The Department of Education (ED) announced on December 8, 2014 that it is seeking comments on new data collection and validation procedures for reporting the use of “third-party servicers.”
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