Office of Postsecondary Education - U.S. Department of Education

WReier-Aviles on DSKGBLS3C1PROD with RULES266948 Federal Register / Vol. 75, No. 209 / Friday, October 29, 2010 / Rules and Regulations(Authority: 20 U.S.C. 1094(c)(4))PART 668—STUDENT ASSISTANCEGENERAL PROVISIONS■ 11. The authority citation for part 668continues to read as follows:Authority: 20 U.S.C. 1001, 1002, 1003,1070g, 1085, 1088, 1091, 1092, 1094, 1099c,and 1099c–1, unless otherwise noted.■ 12. Section 668.2 is amended by:■ A. In paragraph (a), adding, inalphabetical order, the term ‘‘Credithour’’.■ B. In paragraph (b), in the definitionof Full-time student, adding the words,‘‘including for a term-based program,repeating any coursework previouslytaken in the program but not includingeither more than one repetition of apreviously passed course, or anyrepetition of a previously passed coursedue to the student failing othercoursework’’ immediately before theperiod in the second sentence.■ C. In paragraph (b), adding, inalphabetical order, definitions of ‘‘Freeapplication for Federal student aid(FAFSA)’’, ‘‘Institutional studentinformation record (ISIR)’’, and ‘‘Studentaid report (SAR)’’.■ D. In paragraph (b), revising thedefinitions for ‘‘Valid InstitutionalStudent Information Record (validISIR)’’ and ‘‘Valid Student Aid Report(valid SAR)’’.The additions and revisions read asfollows:§ 668.2 General definitions.* * * * *(b) * * *Free application for Federal studentaid (FAFSA): The student aidapplication provided for under section483 of the HEA, which is used todetermine an applicant’s eligibility forthe title IV, HEA programs.* * * * *Institutional student informationrecord (ISIR): An electronic record thatthe Secretary transmits to an institutionthat includes an applicant’s—(1) FAFSA information; and(2) EFC.* * * * *Student aid report (SAR): A reportprovided to an applicant by theSecretary showing his or her FAFSAinformation and the amount of his orher EFC.* * * * *Valid institutional studentinformation record (valid ISIR): An ISIRon which all the information reportedon a student’s FAFSA is accurate andcomplete as of the date the applicationis signed.Valid student aid report (valid SAR):A student aid report on which all of theinformation reported on a student’sFAFSA is accurate and complete as ofthe date the application is signed.* * * * *■ 13. Section 668.5 is amended by:■ A. Revising paragraph (a).■ B. Revising paragraph (c)(1).■ C. In paragraph (c)(2), adding thewords ‘‘offered by the institution thatgrants the degree or certificate’’ after theword ‘‘program’’.■ D. In paragraph (c)(3)(i), removing thewords ‘‘not more than’’ and adding thewords ‘‘or less’’ after the word ‘‘percent’’.■ E. In paragraph (c)(3)(ii)(A), removingthe words ‘‘not more’’ and adding, intheir place, the word ‘‘less’’.■ F. Adding new paragraph (e).The addition and revisions read asfollows:§ 668.5 Written arrangements to provideeducational programs.(a) Written arrangements betweeneligible institutions. (1) Except asprovided in paragraph (a)(2) of thissection, if an eligible institution entersinto a written arrangement with anothereligible institution, or with a consortiumof eligible institutions, under which theother eligible institution or consortiumprovides part of the educationalprogram to students enrolled in the firstinstitution, the Secretary considers thateducational program to be an eligibleprogram if the educational programoffered by the institution that grants thedegree or certificate otherwise satisfiesthe requirements of § 668.8.(2) If the written arrangement isbetween two or more eligibleinstitutions that are owned or controlledby the same individual, partnership, orcorporation, the Secretary considers theeducational program to be an eligibleprogram if—(i) The educational program offeredby the institution that grants the degreeor certificate otherwise satisfies therequirements of § 668.8; and(ii) The institution that grants thedegree or certificate provides more than50 percent of the educational program.* * * * *(c) * * *(1) The ineligible institution ororganization has not—(i) Had its eligibility to participate inthe title IV, HEA programs terminatedby the Secretary;(ii) Voluntarily withdrawn fromparticipation in the title IV, HEAprograms under a termination, showcause,suspension, or similar typeproceeding initiated by the institution’sState licensing agency, accreditingagency, guarantor, or by the Secretary;VerDate Mar2010 14:10 Oct 28, 2010 Jkt 223001 PO 00000 Frm 00118 Fmt 4701 Sfmt 4700 E:\FR\FM\29OCR2.SGM 29OCR2(iii) Had its certification to participatein the title IV, HEA programs revokedby the Secretary;(iv) Had its application for recertificationto participate in the title IV,HEA programs denied by the Secretary;or(v) Had its application for certificationto participate in the title IV, HEAprograms denied by the Secretary;* * * * *(e) Information made available tostudents. If an institution enters into awritten arrangement described inparagraph (a), (b), or (c) of this section,the institution must provide theinformation described in § 668.43(a)(12)to enrolled and prospective students.* * * * *■ 14. Section 668.6 is added to subpartA to read as follows:§ 668.6 Reporting and disclosurerequirements for programs that preparestudents for gainful employment in arecognized occupation.(a) Reporting requirements. (1) Inaccordance with procedures establishedby the Secretary an institution mustreport information that includes—(i) For each student who enrolled ina program under § 668.8(c)(3) or (d)during an award year—(A) Information needed to identify thestudent and the institution the studentattended;(B) If the student began attending aprogram during the award year, thename and the Classification ofInstructional Program (CIP) code of thatprogram; and(C) If the student completed aprogram during the award year—(1) The name and CIP code of thatprogram, and the date the studentcompleted the program;(2) The amounts the student receivedfrom private education loans and theamount from institutional financingplans that the student owes theinstitution upon completing theprogram; and(3) Whether the student matriculatedto a higher credentialed program at theinstitution or if available, evidence thatthe student transferred to a highercredentialed program at anotherinstitution; and(ii) For each program, by name andCIP code, offered by the institutionunder § 668.8(c)(3) or (d), the totalnumber of students that are enrolled inthe program at the end of each awardyear and identifying information forthose students.(2)(i) An institution must report theinformation required under paragraph(a)(1) of this section—