Top Two September 2023 Announcements for Higher Education Institutions
Here is a summary of two September 2023 U.S. Department of Education (ED) announcements that apply to higher education institutions:print
- FSA Electronic Announcement GENERAL-23-77, Compliance with the Change in Ownership 90-Day Advance Notification – As of July 1, 2023, institutions must notify ED as well as enrolled and prospective students of a proposed change in ownership (CIO) at least 90 days before the CIO. This advance notice is necessary to prevent a lapse in Title IV funding, which could result from an incomplete application for a CIO.
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