CAPPS

330,000 FAFSAs must be reprocessed, Education Department says

330,000 FAFSAs must be reprocessed, Education Department says

Higher Ed Dive  Laura Spitalniak April 2, 2024 A tax data issue affecting about 5% of submitted applications will be corrected starting in early April. Dive Brief: About 330,000 federal financial aid applications will need to be reprocessed following yet another data error, according to the U.S. Department of Education. […]

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Inching Toward the $100,000 Sticker Price

Inching Toward the $100,000 Sticker Price

Inside Higher Ed Josh Moody April 3, 2024 Some selective institutions are expected to hit six figures soon, though such pricing will likely have more of a psychological and political impact than a financial one. For years, headlines have warned that the cost of attending college would eventually exceed $100,000-a-year […]

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(GENERAL-24-30) Updates on the Use of eZ-Audit for the Electronic Submission of Annual Financial and Compliance Audit Statements for Proprietary Institutions

(GENERAL-24-30) Updates on the Use of eZ-Audit for the Electronic Submission of Annual Financial and Compliance Audit Statements for Proprietary Institutions

Federal Student Aid  April 2, 2024 This Electronic Announcement outlines annual financial statements and compliance audit submission guidance, including the 90/10 revenue footnote disclosure, for proprietary institutions with fiscal years that begin on or after January 1, 2023, with completed financial statements and compliance audits ready for submission. This Electronic […]

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Gainful Employment Take Two: Concerns for Rural Community Colleges

Gainful Employment Take Two: Concerns for Rural Community Colleges

Federal Reserve Bank of Richmond Stephanie Norris and Laura Dawson Ullrich March 28, 2024 Introduction Last week, we wrote about the new gainful employment (GE) rules that go into effect this summer, along with the history and motivation of the GE policy. Beginning in July, higher education institutions across the country must […]

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