150% Clock Hour Rule: Webinar Part 2: Updates And How Schools Can Plan Now

On October 31, 2023, the US Department of Education posted new final form regulations on Financial Responsibility, Administrative Capability, Certification Procedures, Ability-To-Benefit (ATB)​. This 700-page regulatory package contained a lot of policy changes impacting schools. One of the most significant changes is a provision to eliminate the "150% Rule" for clock hour programs, which would force all clock hour programs in states with minimum required state hours to align their school hours to the state minimum (with no deviation), or risk losing all Title IV financial aid for all students.

Please join MAACS for its second webinar on this issue. Topics expected to be covered include, but are not limited to:

• Status of Congressional legislation to stop this change and what will happen if legislation does not pass Congress
• Pursuing state action to satisfy this new federal rule
• Factors schools will need to consider when deciding whether to change your hours to align to state minimums
• Steps that will be needed to change your program hours if you decide to align to state minimum hours
• Potential delays with government agencies and accrediting body approvals
• Alternative financing options for schools to either supplement or supplant Title IV financial aid for students
• Does switching to a cash program make sense
• What additional audits will be required

This webinar is scheduled for 1-2 PM Eastern Time on December 6, 2023