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
- College Endowments Average -1.9 Percent Return in FY16, But Endowment Spending Continues to Rise
- Preparing for a Game-Changing Era
- Some Football Players at Private Institutions are Employees, NLRB Says
- WEBCAST: Planning Components of Civil Discourse
Wednesday, March 15, 2017 1:00PM ET
- WEBCAST: NACUBO Live! 2017 Student Financial Services Conference
- ON-DEMAND: Legislative Lunchcast: A 30-Minute Washington Update from NACUBO
- ON-DEMAND: Compliance Challenges for the New EPA Hazardous Waste Rule
- ON-DEMAND: The ROI of Student Success: Practical Considerations for Measuring and Conveying the Financial Value of Student Support Services
- ON-DEMAND: NACUBO Live! Student Financial Services Conference