Important Regulatory Compliance Deadlines and Links to Key Resources
In an effort to provide not only the over 150 attendees on yesterday’s call, but the entire FAME Membership with important information on pending deadlines and the resources that can be used to help ensure your compliance, please take the opportunity to review FAME’s...
Application Deadline for HEERF III Grants for Proprietary Institutions has been extended to September 10, 2021
Today, ED posted an unofficial Federal Register Notice (official notice to be posted on August 17, 2021) that extends the funding application deadline for the Proprietary Institution Grant Funds for Students Program until September 10, 2021. As you know this grant...
ED To Include Borrower Defense to Repayment Topics As Part of “Affordability and Student Loans Committee”
Overview Just moments ago we received a copy of the “Unofficial Federal Register Notice” signaling the beginning of the 2021-2022 Federal Negotiated Rulemaking. As detailed in the unofficial notice, the topics detailed for negotiations by the “Affordability and...
Changes to 2021-2022 Verification Requirements
On July 13, 2021, Dear Colleague Letter GEN-21-05 announced the relief to millions of students and colleges facing challenges and barriers resulting from the ongoing national emergency. The U.S. Department of Education (ED) is waiving the verification of most...
Clock to Credit Conversion for Credit Hour Schools Only
Per the new Distance Education and Innovation regulations that go into effect on 7/1/2021, non-degree credit hour programs are now required to use the clock to credit conversion of 30:1 for semester/trimester credit and 20:1 for quarter credit. The new regulations...
