In the last several days, the U.S. Department of Education (ED) finally published three important updates on ED expectations under its extensive October 2023 Financial Value Transparency and Gainful Employment regulations...more
4/10/2024
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Dear Colleague Letter ,
Department of Education ,
FAFSA ,
Federal Student Aid ,
Financial Responsibility Standards ,
Higher Education Act ,
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Title IV
Effective July 1, 2024, institutions of higher education participating in Title IV Federal Student Aid programs must comply with the U.S. Department of Education’s (Department) Financial Value Transparency and Gainful...more
2/8/2024
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Education Expenses ,
Educational Institutions ,
Final Rules ,
Gainful Employment ,
Higher Education Act ,
Program Participation Agreements (PPAs) ,
Reporting Requirements ,
Threshold Requirements ,
Title IV ,
Transparency
On Monday, the U.S. Court of Appeals for the Fifth Circuit issued a nationwide injunction blocking the U.S. Department of Education (ED) from implementing its new borrower defense to repayment (BDR) rules. The BDR rules,...more
On Thursday, the Department of Education announced that, in certain circumstances, it will require leaders of institutions to assume personal liability as a condition of Title IV Federal Student Aid participation....more
UPDATE: On February 28, 2023, the Department updated the Dear Colleague Letter issued February 15, 2023 to establish a future effective date for the guidance, extend the public comment period, and extend the reporting...more