Department of Education Releases Final Regulations...

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Department of Education Releases Final Regulations...

Postby Gus Sainz » Tue Aug 22, 2006 3:03 pm

"The U.S. Department of Education has released a set of final regulations related to student financial aid legislation passed by Congress in February. The legislation cut approximately $12 billion from Federal student aid programs, ostensibly for deficit reduction purposes.

According the Chronicle of Higher Education, the final regulations contain few surprises and for the most part codify statutory changes. However, the Department did limit exemptions from the “50 percent rule,” which requires institutions receiving federal aid to offer less than 50 percent of their courses classes on-line and have fewer than 50 percent of their students enrolled entirely in distance education classes.

The Congressional legislation exempted institutions that provide instruction via “telecommunications” such as the internet, a loophole many student aid advocates felt opened the door to fraud. The Department's regulations, however, require the technology used be significantly interactive, meaning classes involving only an occasional email or limited online postings will not be considered exempt."

Department of Education Releases Final Regulations on Student Aid Bill
Gus Sainz
Gus Sainz
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