Washington Update
Jan 01, 2016
Washington Update. Anne C. Gross Vice President, Regulatory Affairs NACUBO. Agenda. FY11 Continuing Resolutions. Pell Grant Funding. Source: College Board, based on ED data. House. House. President’s FY12 Budget. President’s FY12 Budget. President’s FY12 Budget. - PowerPoint PPT Presentation
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Agenda
FY11 Continuing Resolutions
Pell Grant Funding
Source: College Board, based on ED data
House
House
President’s FY12 Budget
President’s FY12 Budget
President’s FY12 Budget
Recent Congressional Actions
• Post 9-11 Veterans Education Improvements Act
• Education Tax Benefits
• Red Flags Rule
Regulatory Issues
Post-9/11 Veterans Education Improvements Act
Post-9/11 Veterans Education Improvements Act
VA Processes and Payments
FTC: Red Flags
IRS: Information Reporting and Withholding
Education Tax Benefits
ED: Program Integrity Rules
Ability to benefit Agreements
between institutions Definition of credit
hour Gainful employment High school diploma Incentive
compensation Misrepresentation
Retaking coursework R2T4 – term-based
modules R2T4 – taking
attendance Satisfactory
academic progress State authorization Timely disbursement Verification
State Authorization
• In home state (or others where physical location)– Authorized by name as educational inst
• May be exempt from approval or licensing
– Authorized to conduct business• Must be approved or licensed by name
– Exemptions for religious, tribal, and federal institutions
– State institutions presumed authorized
• States must have complaint mechanism
Distance Education
WCET Analysis of Distance Education Licensure
Nearly all will need to apply It dependsFew will need to apply
Fall Enrollment in For-Profits(Degree-granting Institutions)
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000 19
9019
9119
9219
9319
9419
9519
9619
9719
9819
9920
0020
0120
0220
0320
0420
0520
0620
0720
08
Growth in For-Profit Education
Source: Chronicle of Higher Education
Enrollment and Share of Federal Student Aid
Loan Usage and Debt
Source: The Project on Student Debt
Lobbying Blitz
Gainful Employment Programs
Gainful Employment
Restrictions and Sanctions
Incentive Compensation
HHS: Student Health Plans
Current NACUBO Projects
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