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The Updated 90/10 Rule: What’s New and What’s the Same

The Updated 90/10 Rule: What’s New and What’s the Same

By David B. McClintock, CPA May 4, 2022

In March 2021, the Department of Education (ED) reached consensus with non-federal negotiators on a crucial regulation for proprietary institutions: the 90/10 rule. Broadly, the 90/10 rule requires proprietary institutions to receive at least 10% of their revenue from nonfederal educational assistance sources every fiscal year. Because consensus was reached,…

The Trouble With SAM

The Trouble With SAM

By Luke Hoey, FAAC® April 28, 2022

Is your school having trouble drawing down federal student aid for any of its locations?  Earlier this month, the General Services Administration (GSA) as well as the U.S. Department of Education (ED) officially discontinued the use of the Data Universal Numbering System (DUNS) number and began recognizing the Unique Entity…