For-Profit Colleges Can Count Online Program Revenue Towards 90/10 Rule.
This bill changes how for-profit colleges calculate their required non-federal revenue under the "90/10 rule." It explicitly allows revenue generated from distance education programs (online learning) to count toward the minimum 10% non-federal funding threshold. This aims to help these institutions maintain compliance and ensure students retain access to federal financial aid.
Key points
For-profit colleges will find it easier to meet the requirement that at least 10% of their revenue comes from sources other than federal student aid.
Revenue from programs offered fully or partially through distance education (online) will now explicitly count towards this 10% threshold.
The change helps ensure that students attending these schools, particularly those enrolled in online programs, can continue to use federal loans and grants.
Status:
Expired
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