Your institution will have dedicated sections on the Clearinghouse secure site to manage and submit the FVT/GE required student level and program level reports. You must choose either the standard or transitional cohort period for your student level report (both options are available through Clearinghouse). The new FVT/GE regulations require institutions to report enrollment, institutional cost (a student’s annual cost of attending), and financial aid data.
- Eligible Non-GE Programs include all Title IV eligible programs, including degree programs, at public, private non-profit, and proprietary institutions, with the exceptions described above.
- It compels institutions to take a hard look at their data and use it to improve student outcomes.
- This exception is provided to allow students who are enrolled in non-credential transfer programs (generally offered by community colleges) to be eligible for Title IV aid as they prepare to transfer to a four-year degree program.
- After your institution selects your cohort type (Standard or Transitional), our system will generate your cohort, separated by award year, for the applicable cohort period with enrollment information previously reported by your institution to Clearinghouse, using NSLDS’s prescribed logic.
- For example, if a student took out $10,000 in private loans for enrollment in two programs, $5,000 is attributed to each of the two programs.
- The regulations are intended to provide more data about student debt, financial aid gaps, and completion and success rates.
- Under 668.43, the Department is required to host a website that provides information about institutions and their educational programs, including both GE and Non-GE Programs.
How do I navigate to “Graduated Status Reconciliation” on the Clearinghouse secure site?
Our reports provide an extensive repository of verified payroll, credit, and affluence data. By simulating standard and transitional reporting metrics, we help institutions expect potential shortcomings and address them preemptively. This data-driven strategy empowers institutions to shape the narrative surrounding their program results. Institutions can now showcase their commitment to student success and CARES Act financial well-being.
R-Q9: What amounts should be included as institutional grants and scholarships in reporting? (Added April 5,
- A First-Professional Degree is the first degree that signifies both completion of the academic requirements for beginning practice in a given profession and a level of professional skill beyond that normally required for a bachelor’s degree.
- For qualifying graduate programs, the two-year cohort consists of the students who completed the program during the sixth and seventh award years prior to the calendar year we use for earnings data in calculating the D/E and EP measures.
- Members may freely share information included as part of a Briefing with their colleagues at member institutions but should not share the information in a manner that could result in broader public distribution.
- This webpage includes information to assist institutions with the FVT/GE reporting requirements.
- If an out-of-state student is being billed specifically at in-state rates for a particular circumstance, report the student as being in-state.
For students who have withdrawn from or financial transparency completed the program, the institution will report cumulative totals for that student, which would cover the student’s entire enrollment in the program, both before and after any withdrawals. Under this option, the institution may simply divide the total amount(s) by the number of programs and use the result for reporting. For example, if a student took out $10,000 in private loans for enrollment in two programs, $5,000 is attributed to each of the two programs.
Program Information Website
A program receiving an EP result without D/E rates is still subject to the same potential consequences for failing the EP metric. Programs do not need to have a result for both EP and D/E metrics for assessing potential consequences under the regulation. Insurance Accounting The Clearinghouse will support you by leveraging existing enrollment data previously reported by your institution to identify students for your student level reporting cohort type (the group of students you must include in your report) and your program level report. We’ll also identify students or programs that might be missing from the required data, by leveraging enrollment history (including program detail) already reported by your institution to the Clearinghouse. Some institutions offer degree programs where students may also be awarded a non-degree credential (e.g., certificate, diploma) after completing a portion of the degree program. Such programs are generally not considered GE Programs at non-profit and public institutions.
What will the Clearinghouse’s free FVT/GE reporting solution include?
An institution must attest each award year that a program meets the requirements for a qualifying graduate program for the longer cohort period to apply to the program. This attestation is provided as part of an institution’s program-specific reporting, as described above. For D/E rates or the EP measure to be calculated for an award year, at least 30 students who received Title IV aid must have completed the program during the applicable cohort period.
How do I ensure I am always informed about my institution’s FVT/GE reporting process?
- Institutions will make these corrections by amending their original NSLDS enrollment reporting.
- Your institution should prepare to meet the GE/FVT reporting requirements by the January 15, 2025, deadline (see FSA announcement about updated reporting date).
- You can also use our secure site’s Student Look-Up tab to update these students or submit your own Graduates Only enrollment file (see our formatting guide) using the same method you typically use to submit scheduled enrollment files (e.g., secure FTP).
- The Clearinghouse will leverage enrollment data for multiple award years to meet FVT/GE requirements for the Completers List, Student Level Report, and Program Level Report.
- To the extent possible, the Department will use administrative data that has already been reported by institutions, such as enrollment reporting and federal loan information in the National Student Loan Data System (NSLDS) to calculate the D/E and EP measures.
After a 60-day correction period, NSLDS will use the updated information to create the Final FVT/GE Completers List. The Clearinghouse will retain your institution’s Final FVT/GE Completers List on the secure site for your review. Requirements related to the Department’s program information website, including student acknowledgements, will be effective July 1, 2026.The Department will provide additional operational guidance for usage of this website prior to its implementation. It compels institutions to take a hard look at their data and use it to improve student outcomes.