EDFinal Rule
Program Integrity and Institutional Quality: Distance Education and Return of Title IV, Higher Education Act Funds
EducationFinance & Banking
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Summary
This regulation updates federal rules for online college programs and what happens to financial aid when students drop out or schools close. It aims to ensure that distance education programs maintain quality standards and that federal student loan and grant money is handled properly when students don't complete their education.
Key Points
- 1Sets new standards for online college programs to ensure they maintain educational quality and accountability
- 2Clarifies how schools must return federal student aid money (loans and grants) when students withdraw or don't finish their programs
- 3Requires schools to track and report on the success of their distance education students to the Department of Education
- 4Affects colleges and universities offering online degrees, certificates, and hybrid programs across the country
- 5Aims to protect students from fraud and ensure taxpayer money supporting higher education is used appropriately
Key Dates
Published
January 3, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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