1845-0123 – Affected Public – State, Local or Tribal Governments 10/22/2014
The Secretary amends the Student Assistance General Provisions by adding Subpart Q to Part 668, to establish measures for determining whether certain postsecondary educational programs lead to gainful employment in recognized occupations, and the conditions under which these educational programs remain eligible for student financial assistance programs authorized under Title IV of the Higher Education Act of 1965, as amended (HEA).
In general, the requirements establish various metrics such as debt to earnings rates to determine whether a gainful employment (GE) program may continue to participate in the title IV, HEA programs.
Institutions have the opportunity to correct the data, challenge the data, and appeal the data, as well as, submit alternatives to some of the data under these regulations. Institutions with GE programs must report information about all students in GE programs. As a result of the metrics, institutions may be required to provide enrolled students and prospective students with disclosures and/or warnings regarding the metrics of completers and about students who withdrew from the GE program.
Section 688.405 - New Burden:
# of Respondents # of Responses Burden Hours
92,883 92,883 15,806
Section 688.410 - New Burden:
# of Respondents # of Responses Burden Hours
44,870 44,870 3,778
Section 688.411 - New Burden:
# of Respondents # of Responses Burden Hours
1,841,630 1,841,630 61,917
Section 688.412 - New Burden:
# of Respondents # of Responses Burden Hours
494,772 494,772 176,311
Section 688.413 - New Burden:
# of Respondents # of Responses Burden Hours
68,988 68,988 551,904
Section 688.414 - New Burden:
# of Respondents # of Responses Burden Hours
1,117 1,117 559
TOTALS
Responses 2,544,260
Respondents 2,544,260
Burden Hours 810,274
File Type | application/msword |
Author | Beth Grebeldinger |
Last Modified By | Kate Mullan |
File Modified | 2014-10-23 |
File Created | 2014-10-23 |