ED Announces New Negotiated Rulemaking Effort
September 10, 2009
Changes to Title IV regulations on program integrity and foreign schools will be considered by two negotiated rulemaking panels this fall, according to a notice from the Department of Education inviting nominations for representatives. The deadline for nominations is September 25.
Team I will consider program integrity issues, including incentive compensation, definition of credit hour, misrepresentation of information provided to students and prospective students, agreements between institutions, term-based module programs, and timeliness and disbursement of Title IV funds. NACUBO intends to nominate representatives to serve on this committee.
ED notes that while it agrees that changes to the financial responsibility standards may be beneficial, significant analysis must be done before ED will be ready to bring the issue to the negotiating table. As a result, the agenda for Team I will not include financial responsibility. NACUBO submitted testimony in June raising the issue, and staff has met with ED officials to discuss these efforts.
Team II will address issues related to participation in the guaranteed loan programs by foreign institutions, including financial statements, compliance audits, nonprofit status, and financial responsibility for public institutions.
Vice President, Regulatory Affairs
- Associations Respond to DACA and DREAM Act Concerns
- Congress Makes Changes to GI Bill Education Benefits
- CFPB Report Criticizes Campus Banking Agreements
- 2017 Intermediate Accounting and Reporting - Winter
January 23-24, 2017
- 2017 Endowment and Debt Management Forum
February 1-3, 2017
- WEBCAST: NACUBO Live! Results of the 2016 NACUBO-Commonfund Study of Endowments
Thursday, February 2, 2017 9:15AM ET
- WEBCAST: Compliance Challenges for the New EPA Hazardous Waste Rule
Tuesday, February 7, 2017 1:00PM ET
- ON-DEMAND: The ROI of Student Success: Practical Considerations for Measuring and Conveying the Financial Value of Student Support Services
- ON-DEMAND: The CBO's Role in Diversity and Inclusion on Campus