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

Recent Congressional Actions

• Post 9-11 Veterans Education Improvements Act

• Education Tax Benefits

• Red Flags Rule

Regulatory Issues

Post-9/11 Veterans Education Improvements Act

Post-9/11 Veterans Education Improvements Act

VA Processes and Payments

FTC: Red Flags

IRS: Information Reporting and Withholding

Education Tax Benefits

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

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

Distance Education

WCET Analysis of Distance Education Licensure

Nearly all will need to apply It dependsFew will need to apply

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

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000 19

9019

9119

9219

9319

9419

9519

9619

9719

9819

9920

0020

0120

0220

0320

0420

0520

0620

0720

08

Growth in For-Profit Education

Source: Chronicle of Higher Education

Enrollment and Share of Federal Student Aid

Loan Usage and Debt

Source: The Project on Student Debt

Lobbying Blitz

Gainful Employment Programs

Gainful Employment

Restrictions and Sanctions

Incentive Compensation

HHS: Student Health Plans

Current NACUBO Projects

Questions?

Contact: Anne Gross

202-861-2544 anne.gross@nacubo.org