Source: https://www.law.cornell.edu/cfr/text/34/668.213
Timestamp: 2015-10-09 03:32:43
Document Index: 387650854

Matched Legal Cases: ['art 668', '§ 668', '§ 668', '§ 668', '§ 668', '§ 668', '§ 668', '§ 668', '§ 668', '§ 668', '§ 668']

34 CFR 668.213 - Economically disadvantaged appeals. | US Law | LII / Legal Information Institute
CFR › Title 34 › Subtitle B › Chapter VI › Part 668 › Subpart N › Section 668.213 34 CFR 668.213 - Economically disadvantaged appeals.
§ 668.213
As provided in this section you may appeal—
A notice of a loss of eligibility under§ 668.206; or
A notice of a second successive official cohort default rate calculated under this subpart that is equal to or greater than 30 percent but less than or equal to 40 percent, potentially subjecting you to provisional certification under§ 668.16(m)(2)(i).
You may appeal under this section if an independent auditor's opinion certifies that your low income rate is two-thirds or more and—
Your low income rate is the percentage of your students, as described in paragraph (c)(2) of this section, who—
For an award year that overlaps the 12-month period selected under paragraph (c)(2) of this section, have an expected family contribution, as defined in34 CFR 690.2, that is equal to or less than the largest expected family contribution that would allow a student to receive one-half of the maximum Federal Pell Grant award, regardless of the student's enrollment status or cost of attendance; or
For a calendar year that overlaps the 12-month period selected under paragraph (c)(2) of this section, have an adjusted gross income that, when added to the adjusted gross income of the student's parents (if the student is a dependent student) or spouse (if the student is a married independent student), is less than the amount listed in the Department of Health and Human Services poverty guidelines for the size of the student's family unit.
Your completion rate is the percentage of your students, as described in paragraph (d)(2) of this section, who—
Except as provided in paragraph (e)(2) of this section, your placement rate is the percentage of your students, as described in paragraphs (e)(3) and (e)(4) of this section, who—
Within 30 days after you receive the notice of your loss of eligibility or of a rate described in paragraph (a)(2) of this section, you must send us your management's written assertion, as described in the Cohort Default Rate Guide.
Within 60 days after you receive the notice of your loss of eligibility or of a rate described in paragraph (a)(2) of this section, you must send us the independent auditor's opinion described in paragraph (h) of this section.
The American Institute of Certified Public Accountants' (AICPA) Statement on Standards for Attestation Engagements, Compliance Attestation (AICPA, Professional Standards, vol. 1, ATsec. 500), as amended (these standards may be obtained by calling the AICPA's order department, at 1-888-777-7077); and
You do not lose eligibility under § 668.206, and we do not provisionally certify you under § 668.16(m)(2)(i), if—
[74 FR 55651, Oct. 28, 2009, as amended at 76 FR 52272, Aug. 22, 2011]
§ 668.213 Economically disadvantaged appeals.
General. As provided in this section you may appeal - (1) A notice of a loss of eligibility under § 668.206; or
(2) A notice of a second successive official cohort default rate calculated under this subpart that is equal to or greater than 30 percent but less than or equal to 40 percent, potentially subjecting you to provisional certification under § 668.16(m)(2)(i).
Eligibility. You may appeal under this section if an independent auditor's opinion certifies that your low income rate is two-thirds or more and - (1) You offer an associate, baccalaureate, graduate, or professional degree, and your completion rate is 70 percent or more; or
Low income rate. (1) Your low income rate is the percentage of your students, as described in paragraph (c)(2) of this section, who - (i) For an award year that overlaps the 12-month period selected under paragraph (c)(2) of this section, have an expected family contribution, as defined in 34 CFR 690.2, that is equal to or less than the largest expected family contribution that would allow a student to receive one-half of the maximum Federal Pell Grant award, regardless of the student's enrollment status or cost of attendance; or
(ii) For a calendar year that overlaps the 12-month period selected under paragraph (c)(2) of this section, have an adjusted gross income that, when added to the adjusted gross income of the student's parents (if the student is a dependent student) or spouse (if the student is a married independent student), is less than the amount listed in the Department of Health and Human Services poverty guidelines for the size of the student's family unit.
Completion rate. (1) Your completion rate is the percentage of your students, as described in paragraph (d)(2) of this section, who - (i) Completed the educational programs in which they were enrolled;
(2) The students who are used to determine your completion rate include only regular students who were - (i) Initially enrolled on a full-time basis in an eligible program; and
Placement rate. (1) Except as provided in paragraph (e)(2) of this section, your placement rate is the percentage of your students, as described in paragraphs (e)(3) and (e)(4) of this section, who - (i) Are employed, in an occupation for which you provided training, on the date following 1 year after their last date of attendance at your institution;
(3) The students who are used to determine your placement rate include only former students who - (i) Were initially enrolled in an eligible program on at least a half-time basis;
Scheduled to complete. In calculating a completion or placement rate under this section, the date on which a student is originally scheduled to complete a program is based on - (1) For a student who is initially enrolled full-time, the amount of time specified in your enrollment contract, catalog, or other materials for completion of the program by a full-time student; or
Deadline for submitting an appeal. (1) Within 30 days after you receive the notice of your loss of eligibility or of a rate described in paragraph (a)(2) of this section, you must send us your management's written assertion, as described in the Cohort Default Rate Guide.
(2) Within 60 days after you receive the notice of your loss of eligibility or of a rate described in paragraph (a)(2) of this section, you must send us the independent auditor's opinion described in paragraph (h) of this section.
Independent auditor's opinion. (1) The independent auditor's opinion must state whether your management's written assertion, as you provided it to the auditor and to us, meets the requirements for an economically disadvantaged appeal and is fairly stated in all material respects.
(2) The engagement that forms the basis of the independent auditor's opinion must be an examination-level compliance attestation engagement performed in accordance with - (i) The American Institute of Certified Public Accountants' (AICPA) Statement on Standards for Attestation Engagements, Compliance Attestation (AICPA, Professional Standards, vol. 1, AT sec. 500), as amended (these standards may be obtained by calling the AICPA's order department, at 1-888-777-7077); and
Determination. You do not lose eligibility under § 668.206, and we do not provisionally certify you under § 668.16(m)(2)(i), if - (1) Your independent auditor's opinion agrees that you meet the requirements for an economically disadvantaged appeal; and
(2) We determine that the independent auditor's opinion and your management's written assertion - (i) Meet the requirements for an economically disadvantaged appeal; and