Institutions on Heightened Cash Monitoring

Description

A list of institutions of higher education that have been placed on heightened cash monitoring as a result of compliance issues including but not limited to accreditation issues, late or missing annual financial statements and/or audits, outstanding liabilities, denial of re-certifications, concern around the school's administrative capabilities, concern around a school's financial responsibility, and possibly severe findings uncovered during a program review. Additionally, ED may place a school on the “Reimbursement” payment method if it determines that the school needs the highest level of monitoring.

Resources

Name Format Description Link
21 Reports on institutions on HCM by quarter can be found on this page, both current and historic. https://studentaid.gov/data-center/business-information-resources

Tags

  • heightened-cash-monitoring
  • fsa
  • financial-responsibility

Topics

Categories