Compliance with Title IV
During the course of the a US Dept of ED Program Eligibility Review, our team of specialists will be available and on site to evaluate your prior annual reports, review of loan default rates, follow through with corrective action plans, and, the institution’s actions and performance in resolving any negative finding or actions taken by the U.S. Department of Education regarding compliance of the institution with the requirements of Title IV of the HEA.
In addition, and when appropriate as audits impact an Institutions Accreditation with any of the Commissions, our team of specialists will review information provided by the U.S. Secretary of Education in conjunction with the Accrediting Commission requirements and will determine if the information calls into question compliance with its Accreditation Standards and wherever any follow-up action is needed.
Institutions participating in the Title IV programs under the HEA must recognize that actions taken by the Accrediting body, designated as their gate-keeping agency, must be able to demonstrate diligence in keeping compliance with program responsibilities defined by the U.S. Department of Education.
Divisions of Responsibility of Institutional Offices
Pursuant to applicable federal regulations, the Financial Aid is the awarding agent for student aid funds. The Business Office is the disbursing agent for student aid funds. We evaluate your internal procedures, assist in defining appropriate separation of duties, and establish communication links as required to ensure that the Business Office handles the disbursement of all funds. We also examine the Office of the Registrar, the means for which academic progress is evaluated, and the method of providing information regarding academic records, transcripts, registration, and scheduling of classes to the financial aid office. Our goal is to provide proper guidance during the access to record information, the privacy act, and the administration of federal regulations by associated departments.