On Tuesday, the Department of Education (ED) published proposed regulations its 90/10 rule for for-profit colleges, Pell Grant Eligibility for Prison Education Programs, and procedures for institutions undergoing changes in ownership. A pair of negotiated rulemaking committees met last year to discuss the regulations and reached consensus on 90/10 and the Pell Grant Eligibility topics during the sessions, but did not come to consensus on the change of ownership paper, which is reflected in ED’s proposed rule.
NASFAA will be digging into these documents and would welcome member perspectives as we review and craft our own comments. As a reminder, ED has already delayed the publication of five regulations that were included in the 2021-22 negotiated rulemaking agenda, until April of 2023.
Stay tuned to Today’s News for more details along with an updated analysis from NASFAA.
Publication Date: 7/26/2022