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Department of Education Reverses Course on 90/10 Rule: Non-Title IV Distance Education Revenue Eligible Again

Department of Education Reverses Course on 90/10 Rule: Non-Title IV Distance Education Revenue Eligible Again

By Michael T. Wherry, CPA July 9, 2025

The U.S. Department of Education has issued new interpretive guidance that significantly impacts how proprietary institutions calculate revenue under the 90/10 rule. This change represents a major victory for schools offering non-Title IV programs via distance education. What Changed? In a reversal of its 2022 position, the Department now confirms that proprietary...

Your Roadmap Through Competing Federal Aid Proposals

Your Roadmap Through Competing Federal Aid Proposals

By Kimberly Cravotta, FAAC® June 11, 2025

As financial aid leaders track the federal financial aid changes moving through Congress, the emergence of different House and Senate proposals might seem to complicate planning. But there’s a strategic silver lining: by focusing on the common ground between both versions, you can prepare efficiently for the changes most likely...

Navigating New V4 Verification Changes: What Your Institution Needs to Know

Navigating New V4 Verification Changes: What Your Institution Needs to Know

By Parker Charlton, FAAC® June 10, 2025

Federal Student Aid (FSA) has announced significant changes to identity verification requirements that are already affecting institutions nationwide. Because fraud prevention is one of the current administration’s top priorities, schools will see a sharp increase in V4 verifications—particularly for first-time Title IV applicants this summer. Alongside this increase, FSA has...