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Washington Update

Washington Update. Anne C. Gross Vice President, Regulatory Affairs NACUBO. Agenda. FY11 Continuing Resolutions. Pell Grant Funding. Source: College Board, based on ED data. House. House. President’s FY12 Budget. President’s FY12 Budget. President’s FY12 Budget.

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Washington Update

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  1. WashingtonUpdate Anne C. Gross Vice President, Regulatory Affairs NACUBO

  2. Agenda

  3. FY11 Continuing Resolutions

  4. Pell Grant Funding Source: College Board, based on ED data

  5. House

  6. House

  7. President’s FY12 Budget

  8. President’s FY12 Budget

  9. President’s FY12 Budget

  10. Recent Congressional Actions • Post 9-11 Veterans Education Improvements Act • Education Tax Benefits • Red Flags Rule

  11. Regulatory Issues

  12. Post-9/11 Veterans Education Improvements Act

  13. Post-9/11 Veterans Education Improvements Act

  14. VA Processes and Payments

  15. FTC: Red Flags

  16. IRS: Information Reporting and Withholding

  17. Education Tax Benefits

  18. ED: Program Integrity Rules • Ability to benefit • Agreements between institutions • Definition of credit hour • Gainful employment • High school diploma • Incentive compensation • Misrepresentation • Retaking coursework • R2T4 – term-based modules • R2T4 – taking attendance • Satisfactory academic progress • State authorization • Timely disbursement • Verification

  19. State Authorization • In home state (or others where physical location) • Authorized by name as educational inst • May be exempt from approval or licensing • Authorized to conduct business • Must be approved or licensed by name • Exemptions for religious, tribal, and federal institutions • State institutions presumed authorized • States must have complaint mechanism

  20. Distance Education

  21. WCET Analysis of Distance Education Licensure Nearly all will need to apply It depends Few will need to apply

  22. Fall Enrollment in For-Profits(Degree-granting Institutions)

  23. Growth in For-Profit Education Source: Chronicle of Higher Education

  24. Enrollment and Share of Federal Student Aid

  25. Loan Usage and Debt Source: The Project on Student Debt

  26. Lobbying Blitz

  27. Gainful Employment Programs

  28. Gainful Employment

  29. Restrictions and Sanctions

  30. Incentive Compensation

  31. HHS: Student Health Plans

  32. Current NACUBO Projects

  33. Questions? Contact: Anne Gross 202-861-2544 anne.gross@nacubo.org

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