College Scorecard Receives an Update
The Department of Education recently updated information on the College Scorecard, a consumer tool aimed at helping students research colleges and universities. The update includes a new feature that allows data from up to 10 colleges and universities to be compared. More on the College Scorecard update is available on the Inside Higher Ed website.
GAO Calls for Improved Grant Monitoring Oversight
According to a study of 75 discretionary grant programs, the U.S. Government Accountability Office (“GAO”) has concluded that the Department of Education grant staff failed to effectively monitor grantee performance. The GAO found that inconsistent grant monitoring has led to around $21 million in discretionary grant funds lacking proper documentation. In particular, 69 of the 75 grants studied were missing key documents such as annual performance reports. As a result of its findings, the Department of Education has agreed to the GAO’s recommendations of implementing detailed written supervisory review procedures and establishing guidance on using the Post-Award Monitoring module. More on the discretionary grants review is available on GAO.gov.
Online FAFSA Tool Temporarily Down for Months
An online tool used by students to help them complete the Free Application for Federal Student Aid (“FAFSA”) might be unavailable for several months. In a joint statement last week, the Department of Education and Internal Revenue Service said the tool will be down until security protections are implemented. The added security measures are aimed to protect the taxpayer data of those who submit an application. Students should expect the tool to be back at the start of the next FAFSA season on October 1. More on the FAFSA online tool is available on the Inside Higher Ed website.
Student Aid Enforcement Unit Introduced
Officials from the Department of Education have announced the establishment of a new office focused on investigating misconduct at higher institutions. The Student Aid Enforcement Unit will be responsible for imposing administrative actions against colleges and universities, and resolving debt relief claims to defrauded student loan borrowers. Robert Kaye will oversee the Student Aid Enforcement Unit, which will consist of 50 department employees. To help fund the enforcement efforts, the Obama Administration has requested $13.7 million from Congress. For more on the Student Aid Enforcement Unit , check out the Inside Higher Ed Web site.
DeVry Accused of Misleading Employment and Income Statistics
The Federal Trade Commission (“FTC”) has filed a lawsuit against DeVry University and the DeVry Education Group. DeVry and its parent company are being accused of making false claims regarding the job placement rates and earnings of its graduates. The FTC alleges that the for-profit school claimed 90 percent of graduates land jobs within six months of graduation, and its graduates achieve 15 percent higher incomes one year after graduation than those at all other colleges. On the same day the FTC filed its lawsuit, the U.S. Department of Education issued a limitations notice to prevent DeVry from making deceptive. Read More.
Future Changes Coming to FAFSA List
After ending the practice of sharing a student’s college preferences with higher institutions, the Department of Education plans to further restrict how it shares data information from the Free Application for Federal Student Aid (FAFSA) form. Beginning with the 2017-18 academic year, state agencies will receive a randomized order in which students list their desired colleges on the FAFSA form. The decision will likely impact how much financial aid state officials award, as well as create a burden on students who apply. For more on the Education Department’s proposal to limit FAFSA information , check out the full article on the Inside Higher Ed Web site.