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Reporting and Disclosure Requirements - Module 1 Gainful Employment 1

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Gainful Employment. Reporting and Disclosure Requirements - Module 1. Agenda. Final Rule published in the Federal Register October 29, 2010 Program Integrity Disclosure requirements effective July 1, 2011 Reporting requirements effective October 1, 2011* Resources. - PowerPoint PPT Presentation

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Page 1: Gainful Employment

Reporting and Disclosure

Requirements -Module 1

Gainful Employment

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Page 2: Gainful Employment

Agenda

Final Rule published in the Federal Register October 29, 2010 Program Integrity

Disclosure requirements effective July 1, 2011Reporting requirements effective

October 1, 2011*Resources

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Page 3: Gainful Employment

Gainful Employment (GE)

GE provisions apply to all programs intended to prepare students for gainful employment in a recognized occupation

All programs of study offered by for-profit schools, except certain bachelor’s degree liberal arts programs

All non-degree programs offered by all other schools Some teacher certification programs

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Disclosure Requirements

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Disclosure RequirementsEffective July 1, 2011, the school must

disclose all of the following information to prospective students for each of its GE programs:

1) Occupations (by name and SOC code) theprogram prepares students to enter plus links to those occupational profiles on O*NET.

§668.6(b)(1)(i)

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Disclosure Requirements

2) On-time graduation (completion) rate for students who complete the program

# students who completed the program within normal time___________________________________________ X 100# students who completed the program during most

recently completed award year

§668.6(b)(1)(ii) and §668.6(c)

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Page 7: Gainful Employment

Disclosure Requirements

“Normal time” is defined in §668.41(a) as the time required to complete program requirements – typically four years for a Bachelor’s degree and two years for an Associate’s degree

§668.41(a)

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Disclosure Requirements

3) Tuition and fees charged to students who complete the program within the “normal time”, cost of books and supplies and, if applicable, cost of room and board School also may include the cost of

transportation and living expenses

§668.6(b)(1)(iii)

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Page 9: Gainful Employment

Disclosure Requirements

4) Placement rate for students who complete the program Required by State or accrediting agency to

calculate placement rate at the program level - disclose that rate

Required by State or accrediting agency to calculate placement rate at institutional level -apply same calculation at program level

Use NCES methodology once published§668.6(b)(1)(iv)

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Disclosure Requirements

5) Median loan debt incurred by students who complete the program. Separately identify:

Title IV loan debt Private education loan debt Institutional financing plan debt owed upon

program completion

§668.6(b)(1)(v)

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Page 11: Gainful Employment

Disclosure RequirementsFor each GE program, this disclosure

information must be: Included in the school’s promotional materials

made available to prospective students Posted on the school’s website Prominently posted on the homepage of the

program’s website (simple and meaningful manner)

§668.6(b)(2)(i)-(ii)

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Disclosure Requirements Provide a prominent link from any other

webpage that contains general, admissions, or academic information about the program to the homepage of the program’s website

Display the information on the school’s website in an open format that can be retrieved, downloaded, indexed, and searched

§668.6(b)(2)(ii)-(iii)

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Disclosure Requirements

Use ED’s disclosure form when the form becomes available

§668.6(b)(2)(iv)

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Page 14: Gainful Employment

Reporting Requirements

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Reporting Requirements

Effective October 1, 2011, the school must annually report to ED:

Information that identifies each student enrolled in a GE program during the award year, and

Information that identifies the school

§668.6(a)(1)(i)(A)

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Reporting Requirements

Additionally, for each student who began attendance during the award year, the school must report the program name and CIP code

And for each student who completed a program during the award year, the school must report: Program name and CIP code, Date student completed the program

§668.6(a)(1)(i)(B)-(C)

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Reporting Requirements

And for completers, the school also must report:

Amount student received from private education loans and institutional financing plans,

If student matriculated to a higher-credentialed program at the school, and

If student matriculated to a higher-credentialed program at another school, if that information is available.

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Reporting Requirements

The school also must report to ED – by program name and CIP code:

Total number of students enrolled in the program at the end of the award year

Information identifying those students

§668.6(a)(1)(ii)

668.6(a)(3)(ii)

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Reporting DeadlineNo later than October 1, 2011, schools

must report required information for award years:

2006-2007 (if available) 2007-2008 2008-2009 2009-2010

§668.6(a)(2)

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Reporting Deadline

Federal Register notice dated August 2, 2011 No later than November 15, 2011,

schools must report required information for the 2010-2011 award year

For each subsequent year, ED will publish submission deadlines in the Federal Register

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Reporting Deadline

If a school is unable to provide ED with any of the required data, it must provide to ED an explanation of the reason the data is not available

Electronic Announcement #18 (August 9, 2011) provides additional details

§668.6(a)(2)(ii)

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Resources

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Resources Final Rule published October 29, 2010http://www.ifap.ed.gov/fregisters/FR102910Final.html The Department’s Gainful Employment Information

pagehttp://ifap.ed.gov/GainfulEmploymentInfo/index.html Gainful Employment FAQshttp://ifap.ed.gov/GainfulEmploymentInfo/

2011GEFAQ.html To submit questions to ED, email:[email protected]

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Resources NCHELP resources

GE Final Rule side-by-side analysishttp://www.nchelp.org/?page=e0198 Integrated regulations that include the

Program Integrity and GE Final Rules

http://www.nchelp.org/?page=e0053 GE training moduleshttp://www.nchelp.org/?page=e0032b

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