U.S. Department of Education

Financial Responsibility Composite Scores   The composite score reflects the overall relative financial health of institutions along a scale from negative 1.0 to positive 3.0. A score greater than or equal to 1.5 indicates the institution is considered financially responsible.   Note: * Fiscal Year Ending Cycle is from July 1st of previous year to June 30th of current year.  * Example: Fiscal Years Ending Between 7/1/2015 and 6/30/2016 is taken as FY 2016 value * 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.

Number of schools, students, and teachers in regular schools with membership for the 100 largest cities in the United States Note: Cities listed by 2010-11 student membership size, descending. City name is based on specific location of school and United States Post Office assigned city designations. Membership is the count of students enrolled on October 1 of the reported school year. Analysis includes only regular schools with membership greater than zero. Data include all 50 states and the District of Columbia. Operating schools include all those providing services during the reported school year. New schools are schools opened for the first time within the school year reported. Continuing operations schools include schools that provided services in the prior school year. Counts of students and teachers for closed schools are for the prior school year. For example, counts of students for schools closed in school year 2000–01 are based on enrollments for these schools in school year 1999–2000. Membership is the count of students enrolled on October 1 of the reported school year. Analysis includes only regular schools with membership greater than zero. Data include all 50 states and the District of Columbia. Worcester, MA, New Haven–Milford, CT, and Springfield, MA Metro Areas became metropolitan statistical areas in 2006–07. North Port–Bradenton–Sarasota, FL Metro Area became a metropolitan statistical area in 2010–11. Data for prior years are not available. Source: U.S. Department of Education, National Center for Education Statistics, Common Core of Data (CCD), "Public Elementary/Secondary School Universe Survey," 2001–02, Version 1a; 2002–03, Version 1a; 2003–04, Version 1a; 2004–05, Version 1b; 2005–06, Version 1a; 2006–07, Version 1c; 2007–08, Version 1b; 2008–09, Version 1b; 2009–10, Version Provisional 2a; and 2010–11, Version Provisional 2a.

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.  TRANSLATE with xEnglishArabicHebrewPolishBulgarianHindiPortugueseCatalanHmong DawRomanianChinese SimplifiedHungarianRussianChinese TraditionalIndonesianSlovakCzechItalianSlovenianDanishJapaneseSpanishDutchKlingonSwedishEnglishKoreanThaiEstonianLatvianTurkishFinnishLithuanianUkrainianFrenchMalayUrduGermanMalteseVietnameseGreekNorwegianWelshHaitian CreolePersian  TRANSLATE with COPY THE URL BELOW BackEMBED THE SNIPPET BELOW IN YOUR SITEEnable collaborative features and customize widget: Bing Webmaster PortalBack