Program participation agreement financial aid

Expiration or termination of PPA. Fees or penalties to students due to delayed disbursement of Title IV funds. Fees to students for Title IV eligibility determinations.

Gainful employment justifications. GED program availability. Incentive compensation. Information sharing and cooperation with oversight entities. Job placement rate and supporting data. Laws e. Liability for improperly spent funds and refunds, including third party servicer obligations.

Loan origination restriction. Lobbying, anti-lobbying, prohibited use of funds. Preferred lender list. Private education loan self-certification form. Program-specific participation agreements. Direct Loan Program. Federal Work-Study Program. Federal Work-Study. Job Location and Development.

Perkins Loan Program. Programs covered by PPA. Report and survey submission to ED. Timing of requests for Title IV funds to meet immediate needs.

Unauthorized distribution of copyrighted information infringement. Use of funds and interest earned on funds. Voter registration forms. A program participation agreement conditions the initial and continued participation of an eligible institution in any Title IV, HEA program upon compliance with the provisions of this part, the individual program regulations, and any additional conditions specified in the program participation agreement that the Secretary requires the institution to meet.

B Is an institution that has undergone a change of ownership that results in a change in control and is participating in the FFEL or Direct Loan programs. A The institution, including its main campus and any branch campus, does not have a cohort default rate in excess of 10 percent; and.

B The owner of the institution does not own and has not owned any other institution that had a cohort default rate in excess of 10 percent while that owner owned the institution. A Convicted of, or pled nolo contendere or guilty to, a crime involving the acquisition , use, or expenditure of Federal, State, or local government funds; or. B Administratively or judicially determined to have committed fraud or any other material violation of law involving Federal, State, or local government funds;.

A The restrictions in paragraph b 22 of this section do not apply to the recruitment of foreign students residing in foreign countries who are not eligible to receive Federal student assistance. B For the purpose of paragraph b 22 of this section, an employee who receives multiple adjustments to compensation in a calendar year and is engaged in any student enrollment or admission activity or in making decisions regarding the award of title IV, HEA program funds is considered to have received such adjustments based upon success in securing enrollments or the award of financial aid if those adjustments create compensation that is based in any part, directly or indirectly, upon success in securing enrollments or the award of financial aid.

A Merit-based adjustments to employee compensation provided that such adjustments are not based in any part, directly or indirectly, upon success in securing enrollments or the award of financial aid; and. B Profit-sharing payments so long as such payments are not provided to any person or entity engaged in student recruitment or admission activity or in making decisions regarding the award of title IV, HEA program funds.

A Commission, bonus, or other incentive payment means a sum of money or something of value, other than a fixed salary or wages, paid to or given to a person or an entity for services rendered. B Securing enrollments or the award of financial aid means activities that a person or entity engages in at any point in time through completion of an educational program for the purpose of the admission or matriculation of students for any period of time or the award of financial aid to students.

C Entity or person engaged in any student recruitment or admission activity or in making decisions about the award of financial aid means -. D Enrollment means the admission or matriculation of a student into an eligible institution. The Secretary considers the relationship to be reasonable if the number of clock hours provided in the program does not exceed the greater of -.

A One hundred and fifty percent of the minimum number of clock hours required for training in the recognized occupation for which the program prepares the student, as established by the State in which the institution is located, if the State has established such a requirement, or as established by any Federal agency; or.

B The minimum number of clock hours required for training in the recognized occupation for which the program prepares the student as established in a State adjacent to the State in which the institution is located; and.