The institutions were not accredited to disburse federal funding.
The U.S. Department of Education settled with five law schools that improperly distributed Title IV federal aid funding to 92 students. These five schools are “freestanding law schools” that are not a part of a larger university system. Most universities have applied for approval to distribute Title IV funding to students, but these five schools improperly distributed $2.9 million in Title IV funding without being accredited to do so.
“Today’s actions demonstrate our commitment to protect the integrity of the federal student aid programs,” said Federal Student Aid Chief Operating Officer Richard Cordray. “Through our ongoing work, we will continue to protect both students and taxpayers.”
These schools are required to stop disbursing federal funds and to reimburse the money taken to the Department of Education.
As the Lord Leads, Pray with Us…
- For COO Cordray to seek God’s direction as he heads the office of Federal Student Aid.
- For Education Secretary Miguel Cardona as he visits schools this week on the “Back to School” bus tour.
- For Education Department officials as they work to improve the system of learning for America’s youth.
Sources: Department of Education