Finding Text
Finding 2022-003 ? Short-Term Program Placement Rate Repeat Finding: Yes Federal Program Title ? U.S. Department of Education Student Financial Assistance Cluster Federal Direct Student Loans: 84.268 Federal Award Year 2021-2022 Condition The College cannot demonstrate compliance with the gainful employment placement rate calculation of 70% for the short-term program at a post-secondary vocational institution. Criteria For the Direct Loan Program, short-term eligible programs at a postsecondary vocational institution be between 300 - 599 clock hours. They must have been provided for at least one year and must have a substantiated completion and placement rate of at least 70 percent for the most recently completed award year. 34 CFR Section 668.8(f) and (g) requires the college to have documentation supporting its placement rates for each student showing that the student obtained gainful employment in the recognized occupation for which he or she was trained or in a related comparable recognized occupation. Questioned Costs There were no questioned costs with respect to this finding. Cause The financial aid office did not follow-up on the gainful employment of students. Prevalence Frequent. Five out of five students tested did not have sufficient support for the placement rate calculation. Effect Failure to calculate the placement data for each student is noncompliance with Federal regulation and could result in loss of future funding Recommendation We recommend City Colleges enhance their policies and procedures to ensure that calculation of placement rates is being maintained. Views of responsible officials We agree with this finding. See corrective action plan.