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Gainful Employment

 

Effective July 1, 2015, the rules apply to students enrolled in GE programs who receive Title IV aid. Prior to that date, the rules apply to any student enrolled in a GE program. Certain new requirements also apply to prospective students, defined as individuals who made contact with the school regarding enrolling in a GE program. This contact may be student-initiated or school-initiated, including contact by a third party on the school’s behalf.


GE programs must meet two requirements: u Certification, and u Debt-to-earnings (D/E) rates. The proposed rules included a third requirement, Program CDRs, but ED eliminated that provision in the final rule.

The school must certify each GE program is:

  • Included in the school’s accreditation, or for vocational schools, approved by the recognized state agency.
  • Satisfies applicable state or federal program-level accreditation requirements.
  • Satisfies applicable state licensing and certification requirements relevant to the program. ED will implement this certification as an addendum to the Program Participation Agreement for existing programs.

Schools must make the first certifications to ED by Dec. 31, 2015.

ED established two D/E rates:

  • Discretionary income rate: The percentage of a GE program’s students’ annual loan payment compared to the discretionary income of the students who completed the program.
  • Annual earnings rate: The percentage of a GE program’s students’ annual loan payment compared to the annual earnings of the students who completed the program. The loan debt includes Title IV, private and institutional debt, but excludes cancellations and adjustments. The median amount used in the calculation will be the lesser of: u Amount of tuition, fees, books, supplies and equipment.
  • The actual loan amount, including any portion for living expenses. The Department will request mean and median annual earnings information annually from the Social Security Administration to use in the calculations.

To access the 2011 Gainful Employment Informational Rate Downloadable Spreadsheet click here.



Click on the program names below to access their Gainful Employment information.

ACCOUNTING OFFICE SUPPORT

ACCOUNTING

ADMINISTRATIVE ASSISTANT

APPLICATION SOFTWARE SPECIALIST

BUSINESS GENERAL MANAGEMENT

BASIC COLLISION APPRENTICE

BASIC COLLISION HELPER

BUSINESS FOUNDATION

COMPUTER NETWORK ADMINISTRATOR

CADD DRAFTING ASSISTANT

CADD TECHNICIAN

CHILD DEVELOPMENT

CULINARY ARTS

COMPUTER NETWORK TECHNICIAN

COMPUTER SUPPORT TECHNICIAN

COSMETOLOGY

EMT BASIC

COSMETOLOGY INSTRUCTOR 9-MONTH

COSMETOLOGY NAIL TECHNICIAN

COSMETOLOGY SKIN CARE SPECIALIST

HOSPITALITY MANAGEMENT

DENTAL ASSISTING

HEATING/AIR TECHNICIAN APPRENTICE

ELECTRICAL TECHNOLOGY

POLICE ACADEMY

EMS – PARAMEDICINE

MEDICAL ADMINISTRATIVE ASSISTANT

HEATING/AIR TECHNICIAN

WELDING STRUCTUAL

RESTAURANT MANAGEMENT

VOCATIONAL NURSING

WELDING COMBINATION

VITICULTURE & ENOLOGY