The U.S. Department of Education (ED) finalized new regulations last year that will take effect on July 1, 2024, directly impacting mergers and acquisitions involving higher education institutions. Specifically, the...more
6/11/2024
/ Acquisitions ,
Colleges ,
Compliance ,
Controlling Person ,
Department of Education ,
Educational Institutions ,
Financial Responsibility Standards ,
Mergers ,
New Regulations ,
Personal Liability ,
Title IV ,
Universities
The U.S. Department of Education (Department) released an important update and reminder regarding new Financial Value Transparency (FVT) and Gainful Employment (GE) regulations that take effect on July 1, 2024. The...more
4/9/2024
/ Colleges ,
Compliance ,
Dear Colleague Letter ,
Department of Labor (DOL) ,
Disclosure Requirements ,
Effective Date ,
Financial Aid ,
Gainful Employment ,
New Guidance ,
New Regulations ,
Reporting Requirements ,
Title IV ,
Transparency ,
Universities
The Biden-Harris Administration on Oct. 24, 2023, issued final rules detailing important obligations for higher education institutions that receive federal funding. (Codified at 34 C.F.R. ยง 668 et seq.) The final regulations...more
11/8/2023
/ Biden Administration ,
Colleges ,
Compliance ,
Compliance Dates ,
Department of Education ,
Financial Aid ,
Higher Education Act ,
New Regulations ,
Required Communications ,
Title IV ,
Transparency ,
Universities
The U.S. Department of Education (Department) issued new Gainful Employment (GE) regulations in September 2023 for the first time since 2014. These program-specific regulations impose important compliance obligations on...more
10/18/2023
/ Annual Reports ,
Code of Federal Regulations (CFR) ,
Colleges ,
Compliance ,
Department of Education ,
Financial Aid ,
For Profit Education ,
Gainful Employment ,
New Rules ,
Nonprofits ,
Reporting Requirements ,
Student Loans ,
Universities
To increase enrollments and lower operating costs, many colleges and universities oftentimes partner with outside companies to provide portions of their academic programs online or on-campus. Serious legal risks may arise...more
6/29/2022
/ Colleges ,
Compliance ,
Dear Colleague Letter ,
Department of Education ,
Enforcement Priorities ,
Higher Education Act ,
New Guidance ,
Risk Mitigation ,
Third-Party Service Provider ,
Title IV ,
Universities