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The office of Federal Student Aid delivers aid to students through loan, grant, and work-study programs. These reports provide recipient and volume data by program for each school participating in the Title IV programs.
Section 498(c) of the Higher Education Act of 1965, as amended, requires for-profit and non-profit institutions to annually submit audited financial statements to the Department to demonstrate they are maintaining the standards of financial responsibility necessary to participate in the Title IV programs. One of many standards, which the Department utilizes to gauge the financial responsibility of an institution, is a composite of three ratios derived from an institution's audited financial statements. The three ratios are a primary reserve ratio, an equity ratio, and a net income ratio. These ratios gauge the fundamental elements of the financial health of an institution, not the educational quality of an institution.
The office of Federal Student Aid delivers aid to students through loan, grant, and work-study programs. The data set contains all reports which provide recipient and volume data by program for each school participating in the program.
Note: Data Upto 2016-2017 Q2
Section 487(d)(4) of the Higher Education Act of 1965 (HEA), as amended, requires the Secretary to annually submit a report to Congress containing information regarding the amount and percentage of each proprietary institution's revenues from Title IV sources and non-Title IV sources as provided by the institution in its audited financial statements. The reports are sent to the Chairmen and Ranking Members of the corresponding House and Senate authorizing committees. Below, you can access the 90/10 transmittal letters, summary charts and reports for institutions with fiscal years ending in the corresponding award year.
Data was calculated using the 2015-2016 FSA Data Center loan and grant files (run January 2017) and excludes Campus-Based Programs (Federal Supplemental Educational Opportunity Grants, Perkins Loans, and Federal Work-Study).