myIIT Portal

HEA Compliance

Consumer Information


Topic

Required Information/Regulatory

Responsible Office

How Disclosed

Copyright Infringement Policies and Sanctions (Including Computer Use and File Sharing)

34 CFR 668.43(a)(10)

Schools must annually make available to current and prospective students the school's policies and sanctions related to copyright infringement, including:

  • A statement that explicitly informs students that unauthorized distribution of copyrighted material, including unauthorized peer-to-peer file sharing, may subject them to civil and criminal liabilities
  • A summary of the penalties for violation of federal copyright laws
  • The school's policies with respect to unauthorized peer-to-peer file sharing, including disciplinary actions taken against students who engage in illegal downloading or unauthorized distribution of copyrighted materials using the school's information technology system

Office of Technology Services

Dean of Students

Made available through the Student Handbook and the Dean of Students website

http://www.iit.edu/student_affairs/
handbook/information_and_regulations/
dmca_proceedings.shtml

Facilities and Services Available to Students with Disabilities

34 CFR 668.41 (a)-(d); 34 CFR 668.43; 34 CFR 668.231

Each school must make available to prospective and enrolled students information about facilities and services available to students with disabilities, including students with intellectual disabilities

IIT Center for Disability Resources

Made available through the College of Psychology's website and the Student Handbook

http://www.iit.edu/cdr/

Vaccination Policy

HEOA Section 488(a)(1)(E): amended HEA Section 485(a)(1) (20 U.S.C. 1092(a)(1)): added HEA Section 485(a)(1)(V)

HEOA amendment effective August 14, 2008; DCL GEN 08-12, page 96

Schools must make available to current and prospective students information about school policies regarding vaccinations

Dean of Students

Made available through the Student Handbook and the Dean of Students website

http://www.iit.edu/shwc/
health_services/immunization.shtml

Voter Registration Forms

20 U.S.C. 1094(a)(23); DCL GEN 08-12, page 68

Each school must:

  • Make a good faith effort to distribute a mail voter registration form (for federal elections and state elections for governor or other State chief executive) to each student enrolled in a degree or certificate program and physically in attendance at the school

Dean of Students

Made available through the Student Handbook and the Dean of Students website. 

Voter registration forms made widely available and provided to each enrolled student

http://www.iit.edu/student_affairs/news_events.shtml

Voter Registration Forms

(continued)

HEOA Section 493(a)(1) amended HEA Section 487(a)(23) (20 U.S.C. 1094(a)(23)): added HEA Section 487(a)(23)(D); DCL GEN 08-12, page 68

  • Make the voter registration form widely available to students at the school
  • Request the forms from the state 120 days prior to the deadline for registering to vote within the state.

This requirement does not apply to schools in states that do not have a voter registration requirement or that allow voters to register at the time of voting.

The HEOA (Section 493(a)(1)) added the provision that a school will be considered to be in compliance with the distribution requirement if the school electronically distributes the voter registration form from an Internet address where such a form can be downloaded.  The information must be in an electronic message devoted exclusively to voter registration.

 Dean of Students

Made available through the Student Handbook and the Dean of Students website. 

Voter registration forms made widely available and provided to each enrolled student

http://www.iit.edu/student_affairs/news_events.shtml

Drug and Alcohol Abuse Prevention Program

Each school must annually distribute in writing to each student and each employee:

  • Standards of conduct that clearly prohibit the unlawful possession, use, or distribution of illicit drugs and alcohol by students and employees on the school's property or as part of any of the school's activities
  • Descriptions of applicable legal sanctions under state, local, and federal law
  • Description of health risks
  • Description of available counseling, treatment, rehabilitation, or re-entry programs
  • Clear statement that the school will impose sanctions for violation of standards of conduct and a description of sanctions

Dean of Students

Human Resources

Distributed in writing to each student and each employee annually in the fall

Drug and Alcohol Abuse Prevention Program

34 CFR 86

Note: Students who enroll or employees who are hired after the annual distribution must receive the information.

Each school must make available, upon request, to the U.S. Department of Education and to the public, the information distributed to students and employees and the results of a biennial review of the school's program that:

  • Determines the effectiveness of the program and implements needed changes
  • Determines the number of drug and alcohol-related violations and fatalities that occur on the school's campus or as part of the school's activities, and are presorted to campus officials
  • Determines the number and type of sanctions that are imposed
  • Ensures that sanctions are consistently enforced

Dean of Students

Provided upon request to the public

Notice of Availability of Institutional and Financial Aid Information

34 CFR 668.43

Each school must annually distribute to all enrolled students a notice of the availability of the information that is required to be made available to students under the Family Educational Rights and Privacy Act of 1974 (FERPA) and under Section 485(a)(1), Section 485(f), Section 485(g), Section 485(h) and Section 485(j)

The notice must list and briefly describe the information and include a statement of the procedures required to obtain the information.  For information listed in the notice that is disclosed on a school's website, the notice must include the exact electronic address and a statement that the school will provide a paper copy upon request

Office of Financial Aid
(Main & DTC)

Made available through the Office of Financial Aid websites

MAIN
http://www.iit.edu/financial_aid/about/

DTC
http://www.kentlaw.iit.edu/current-students/
tuition-and-financial-assistance

Contact Information for Assistance in Obtaining Institutional or Financial Aid Information

34 CFR 668.4334 CFR 668.44

Each school must make available to prospective and enrolled students information regarding how and where to contact individuals designated to assist enrolled or prospective students in obtaining the institutional or financial aid information required to be disclosed under HEA Section 485(a)(1), Section 485(f), Section 485(h), and Section 485(j).

Office of Financial Aid
(Main & DTC)

Made available through the Office of Financial Aid websites

MAIN
http://www.iit.edu/financial_aid/about/

DTC
http://www.kentlaw.iit.edu/current-students/
tuition-and-financial-assistance

Student Financial Aid Information

34 CFR 668.41 (a)-(d), 34 CFR 668.42, 34 CFR 668.43

Each school must make available to prospective and enrolled students information about:

  • All the need-based and non-need-based federal, state, local, private and institutional student financial assistance programs available to students who enroll at the school
  • Terms and conditions of the Title IV, HEA loans
  • Criteria for selecting recipients and for determining award amount
  • Eligibility requirements and procedures for applying for aid
  • Methods and frequency of disbursements of aid
  • Rights and responsibilities of students receiving Title IV, HEA student Financial Aid, including criteria for continued student eligibility and standards for Satisfactory Academic Progress
  • Terms of any loan received as part of financial aid package, sample loan repayment schedule, and the necessity for repaying loans
  • A statement that enrollment in a program of study abroad approved for credit by the home school may be considered enrollment in the home school for purposes of applying for federal student financial aid
  • General conditions and terms applicable to employment provided as part of financial aid package
  • The exit counseling information the school provides and collects

Office of Financial Aid
(Main & DTC)

Made available through electronic media

MAIN
http://www.iit.edu/financial_aid/

DTC
http://www.kentlaw.iit.edu/current-students/
tuition-and-financial-assistance

Facilities and Services Available to Students with Disabilities

34 CFR 668.41 (a)-(d); 34 CFR 668.43; 34 CFR 668.231

Each school must make available to prospective and enrolled students information about facilities and services available to students with disabilities, including students with intellectual disabilities

Center for Disability Resources

Made available through the Student Handbook and on the Center for Disability Resources
http://www.iit.edu/cdr/

Price of Attendance

34 CFR 668.41(a) – (d); 34 CFR 668.43
34 CFR 668.41(a) – (d); 34 CFR 668.43

Each school must make available to prospective and enrolled students information about the price of attendance, including tuition and fees, books and supplies, room and board, transportation costs, and any additional costs for a program in which the student is enrolled or expresses an interest

Office of Financial Aid
(Main & DTC)

Made available through financial aid websites

MAIN
http://www.iit.edu/financial_aid/

DTC
http://www.kentlaw.iit.edu/current-students/
tuition-and-financial-assistance

Consumer Information on College Navigator Website

HEOA Section 111 amended HEA Title I, Part C: added HEA 132(i)(1)(V) (20 U.S.C. 1015a(i)(1)(V)); DCL GEN 08-12, pages 31 through 34

The U.S. Department of Education is required to post 26 items on the College Navigator website for each school, including a link to the school's website that provides in an easily accessible manner:

  • Student activities offered by the school
  • Services offered by the school for individuals with disabilities
  • Career and placement services offered to students during and after enrollment

Policies of the school related to transfer of credit from other schools

Office of Financial Aid
(Main & DTC)

Link to the College Navigator located on both the financial aid websites:

MAIN
http://www.iit.edu/financial_aid/

DTC
http://www.kentlaw.iit.edu/current-students/
tuition-and-financial-assistance

Net Price Calculator

34 CFR 668.41(a) –(d); 34 CFR 668.43

Schools must make available on their websites by October 29, 2011 a net price calculator.  The school may use the template provided by the U.S. Department of Education or may develop a customized version that must include, at a minimum, the same elements as the Department's version. Individual net price estimates must be accompanied by a prominent disclaimer noting that the estimate is not final, is not binding, and may change. Further, the disclaimer must note that the student must complete the Free Application for Federal Student Aid (FAFSA) to be eligible for and receive Federal student aid funds. A link to the

Department's FAFSA website must be included.

Office of Financial Aid
(Main)

Made available through financial aid website

MAIN Campus
http://www.iit.edu/financial_aid/

Refund Policy, Requirements for Withdrawal and Return of Title IV Financial Aid

34 CFR 668.41(a) –(d); 34 CFR 668.43

Each school must make available to prospective and enrolled students information about:

  • The school's refund policy
  • Requirements and procedures for official withdrawal

Requirements for Return of Title IV, HEA grant or loan aid

Office of Financial Aid
(Main & DTC)

Student Accounts

Undergraduate Academic Affairs

Made available through the following websites:

Student Accounts

Office of Financial Aid

Undergraduate Academic Affairs
http://www.iit.edu/bursar/
credits_and_refunds.shtml

http://www.iit.edu/ugaa/

MAIN
http://www.iit.edu/financial_aid/

State Grant Assistance

34 CFR 668.14(b)(11)

School must inform all eligible borrowers enrolled in the school about the availability of and their eligibility for grant assistance from the state in which the school is located, and provide sources of information about grant assistance from other states to borrowers from other states

Office of Financial Aid
(Main)

Provided to borrowers annually on the Office of Financial Aid website
http://www.iit.edu/financial_aid/

Academic Program (Educational Program, Instructional Facilities, and Faculty

34 CFR 668.41(a) –(d); 34 CFR 668.43

Each school must make available to prospective and enrolled students information about the academic program of the school, including:

  • Current degree programs and other educational and training programs
  • Instructional, laboratory, and other physical plant facilities that relate to the academic program
  • Faculty and other instructional personnel
  • Any plans by the school for improving the academic program [upon determination by the school that such a plan exists]

Graduate College Dean

Vice Provost Undergraduate Affairs

Continuous Improvement driven by academic units and faculty

Made available through the Undergraduate Bulletin publication

Transfer of Credit Policies and Articulation Agreements

34 CFR 668.43

Each school must disclose and make available to prospective and enrolled students a statement of the school's transfer of credit policies that includes, at a minimum:

  • Any established criteria the school uses regarding the transfer of credit earned a another school
  • A list of schools with which the school has established an articulation agreement

Office of Undergraduate Academic Affairs

Made available through the Undergraduate Bulletin publication and the UGAA website
http://www.iit.edu/ugaa/

Required Written Arrangements Disclosures

34 CFR 668.43(a)(12)

Required disclosures to prospective & enrolled students applicable to all schools where program is designed to be offered by another entity; Portion of program not being offered by the degree/certificate granting school, name and location of the other school/organization, method of delivery not being offered by the degree/certificate granting school and estimated additional costs that may incur due to arrangement

Office of Financial Aid
(Main & DTC)

Made available to prospective and enrolled students through the Office of Financial Aid's websites and

MAIN
http://www.iit.edu/financial_aid/

DTC
http://www.kentlaw.iit.edu/current-students/
tuition-and-financial-assistance

School and Program Accreditation, Approval, or Licensure

34 CFR 668.41(a) –(d); 34 CFR 668.43

Each school must make available to prospective and enrolled students:

  • Names of associations, agencies, or governmental bodies that accredit, approve, or license the school and its programs

Procedures for obtaining or reviewing documents describing accreditation, approval, or licensing

Office of the Provost

Made available on the Provost website
http://www.iit.edu/provost/nca_accreditation.shtml

Notice of Federal Student Financial Aid Penalties for Drug Law Violations

34 CFR 668.40 ; DCL GEN 08-12, pages 101 through 102

Each school must provide to every student upon enrollment a separate, clear and conspicuous written notice with information on the penalties associated with drug-related offenses under existing section 484(r) of the HEA. 

It also requires the school to provide a timely notice to each student who has lost eligibility for any grant, loan, or work-study assistance as a result of penalties under 484(r)(1) of the HEA a separate clear, and conspicuous written notice that notifies the student of the loss of eligibility and advises the student of the ways in which to regain eligibility under section 484(r)(2) of the HEA (20 U.S.C. 1091(r)(2)).

Dean of Students 

Office of Financial Aid
(Main & DTC)

Notice distributed to each enrolled student annually in the fall through email by the Dean of Students and in the Student Handbook.  Loss of financial aid eligibility can be found on the Office of Financial Aid websites

Dean of Students
http://iit.edu/student_affairs/handbook/
information_and_regulations/policies_and_procedures.shtml

MAIN:
http://www.iit.edu/financial_aid/policies/
drug_conviction_policy.shtml

DTC:
http://www.kentlaw.iit.edu/current-students/
tuition-and-financial-assistance

Student Body Diversity

HEOA Section 488(a)(1)(E) amended HEA Section 485(a)(1) (200 U.S.C. 1092 (a)(1)): added HEA Section 485(a)(1)(Q)

HEOA amendment effective August 14, 2008; DCL GEN 08-12, page 95

Schools must make available to current and prospective students information about student body diversity, including the percentage of enrolled, full-time students in the following categories:

  • Male
  • Female
  • Self-identified members of a major racial or ethnic group
  • Federal Pell Grant recipients

Office of Institutional Information and Research

Made available on the website of the Office of Institutional Information and Research
http://www.iit.edu/oiir/

Textbook Information

(20 U.S.C. 1015b); HEOA amendment effective July 1, 2010; DCL GEN 08-12, page 35

To the maximum extent practicable, and in a manner of the school's choosing, each school must disclose on the school's internet course schedule used for preregistration and registration purposes, the International Standard Book Number (ISBN) and retail price information of required and recommended textbooks and supplemental materials for each course listed. If the ISBN is not available, the school must include in the Internet course schedule the author, title, publisher, and copyright date for the textbook or supplemental material. If the school determines that the disclosure of the information is not practicable for a textbook or supplemental material, the school shall use the designation "To Be Determined."

Office of Auxiliary Services

Made available through the

Internet Course Schedule at the university bookstore website
http://iit.bncollege.com

Information for Students

If applicable, the school must include on the school's written course schedule a notice that textbook information is available on the Internet course schedule and the Internet address for the schedule.

Not Applicable

Information For College Bookstores

Note: The HEOA Conference Report states that the provisions of this section do not require schools that do not offer Internet course schedule to create them, and that schools may provide a link to another appropriate website rather than providing the information directly in the Internet course schedule. The link must be clearly and prominently located on the Internet course schedule.

Upon the require of a college bookstore operated by or affiliated with the school, the school must make available as soon as practicable the most accurate information available regarding:

  • The school's course schedule for the subsequent academic period
  • The information provided for students regarding the required recommended textbooks and supplemental materials for each course or class

The number of students enrolled in each course or class and the maximum student enrollment for each course or class

Information provided to bookstores upon request

Information provided to bookstores upon request

Disbursement For Books and Supplies

668.164(i)

Disbursement of books and supplies policy for Pell eligible students must be provided to students in their consumer information

Office of Financial Aid
(Main Campus)

Office of Student Accounts

Made available through financial aid websites

MAIN
http://www.iit.edu/financial_aid/

Accountability For Programs that Prepare Teachers

20 U.S.C. 1022d-1022g; DCL GEN 08-12, page 48

Each school must provide a report annually to the state and to the general public.  The states must submit to the U.S. Department of Education, and make available to the public, an annual report containing school and state-level information.  The Department makes the state reports available to the public.

The school reports include:

  • Goals- information about whether goals have been met, activities implemented to achieve goals, and steps taken to improve performance in meeting goals
  • Assurances – description of activities the school has implemented to meet assurances
  • Pass rates and scaled scores for the most recent year for which information is available on assessments used by state for teacher certification or licensure that have been taken by students who are enrolled in the teacher preparation program and students who have completed the program during the prior 2 years
  • Program information – admission criteria; enrollment disaggregated by race, ethnicity, and gender; average number of hours of supervised clinical experience; number of full-time equivalent faculty and students in the supervised clinical experience; total number of students who have been certified or licensed as teachers, disaggregated by subject and area of certification or licensure
  • Statement of approval or accreditation of program (if required by the state)
  • Whether the state has designated the program as low-performing
  • Description of activities that prepare teachers to effectively use technology in instruction and to collect, manage, and analyze data

Description of activities that prepare teachers to teach effectively students with disabilities and students who have limited English proficiency

Department of Mathematics and Science Education

Must provide the report to the general public.

Information is made available through the Math and Education Science website
http://www.iit.edu/csl/msed/programs/
grad/certificate.shtml

Completion/Graduation and Transfer-out Rates for Students Receiving Athletically Related Student Aid

34 CFR 668.41(a); 34 CFR 668.41(f); 34 CFR 668.45; 34 CFR 668.48

Each school must produce by July 1 each year a report that is provided to a prospective student athlete and the student's parents, high school guidance counselor, and coach at the time the school offers athletically related student aid.

If the NCAA provides the information for the school to high school coaches and counselors, the school is deemed to be in compliance with that requirement.  The report must also be sent to the U.S. Department of Education.

Office of Institutional Information and Research

Provided to prospective student athletes and others at the time offer is made of athletically related student aid. 

Made available on the Office of Institutional Information and Research
http://www.iit.edu/oiir/

Including Disaggregated Completion/Graduation Rates

Note: The provisions in 34 CFR 668.45 regarding transfer-out disclosures; determining cohorts; defining completion, graduation, and transfer-out; exclusions; and disaggregation of completion/graduation rates apply also to the requirements for disclosing completion/graduation and transfer-out information for students receiving athletically related student aid.

Student Right-to-Know Act

The report must contain:

  • The number of students, by race and gender, who attended the school in the prior year
  • The number of students who attended in the prior year and who received athletically related aid, categorized by race and gender within each sport (basketball, football, baseball, cross-country and track combined, and all other sports combined).
  • The completion or graduation rate, and if applicable, the transfer-out rate, of the certificate or degree-seeking first-time, full-time undergraduates, categorized by race and gender for the most recently completing class.
  • The completion or graduation rate, and if applicable, the transfer-out rate, of the certificate or degree-seeking first-time, full-time undergraduates who received athletically related student aid, categorized by race and gender within each sport. (These data need not be disclosed for a category in which the number of students is five or fewer).
  • Average completion of graduation rate, and, if applicable, transfer-out rate, of the four most recently completing or graduating classes, by race and gender.
  • Average completion of graduation rate, and, if applicable, transfer-out rate, of the four most recently completing or graduating classes for students who received athletically related student aid, categorized by race and gender within each sport.

Intercollegiate Athletic Program Participation Rates and Financial Support (Equity in Athletics Disclosure Act)

34 CFR 668.41(g); 34 CFR 668.47

The Equity in Athletics Disclosure Act (EADA) is intended to make prospective students aware of a school's commitment to providing equitable athletic opportunities for its men and women students. Any coeducational school of higher education that participates in an FSA program and has an intercollegiate athletic program must prepare an annual EADA report. The report contains participation rates, financial support, and other information on men and women's intercollegiate athletic programs. Officially, it is The Report on Athletic

Program Participation Rates and Financial Support Data. It is commonly referred to as the EADA Report.

By October 15 each year, a co-educational school that has an intercollegiate athletic program must make information about the program available to current and prospective students and to the public. The school must make the report easily accessible to students, prospective students, and the public and must provide the report promptly to anyone who requests it. The school must provide notice to all enrolled students and prospective students of their right to request the report.  If the school chooses to make this report available by posting the disclosure on an Internet website or an Intranet website, it must provide in the notice the exact electronic address at which the report is posted, a brief description of the report, and a statement that the school will provide a paper copy of the report upon request. For prospective students, the school may not use an Intranet website for this purpose.

Schools must submit their Equity in Athletics reports to the Department via the Athletic Disclosure Web site annually within 15 days of making them available to students, prospective students, and the public.

The school must designate its reporting year. A reporting year may be any consecutive 12-month period of time. For its designated reporting year, a school must report the information contained in 34 CFR 668.47.

Office of Institutional Information and Research

Made available through the:

Office of Institutional Information and Research

http://www.iit.edu/oiir/facts_reports.shtml

Notice of report provided to students upon request

Intercollegiate Athletic Program Participation Rates and Financial Support Data (Equity in Athletics Disclosure Act)

(continued)

34 CFR 668.41(g); 34 CFR 668.47

The report must include, for the preceding year:

  • The number of male and the number of female full-time undergraduates enrolled
  • Unduplicated head count of participants on at least one varsity team, by gender
  • List of the varsity reams that competed in intercollegiate athletic competition, and for each team:
    • Total number of participants, the number of participants who also participated on another varsity team, and the number of other varsity teams on which they participated
    • Total operating expenses
    • Whether the head coach was male or female and whether the head coach was assigned to the team on a full-time or part-time basis, and for part-time head coaches whether the coach was a full or part-time employee of the school
    • Number of male and the number of female assistant coaches, and the number of male and the number of female assistant coaches who were assigned to the team on a full-time or part-time basis
    • The number of part-time assistant coaches who were full-time and part-time employees of the school
  • Total revenues attributable to intercollegiate athletic activities, and the revenues from football, men's basketball, women's basketball, all other men's sports combined, and all other women's sports combined
  • Total revenues generated across all men's teams and across all women's teams
  • Total amount of money spent on athletically related student aid, separately for men's and women's teams overall
  • Ratio of athletically related student aid awarded to male athletes to athletically related student aid awarded to female athletes
  • Total amount of expenditures on recruiting, separately for men's teams and of women's overall
  • Average annual school salary of head coaches of men's teams and of women's teams, across all offered sports
  • Average annual school salary of the assistant coaches of men's teams and of women's team, across all offered sports

Total expenses attributable to intercollegiate athletic activities, and the expenses attributable to football, men's basketball, women's basketball, all other men's sports combined, and all other women's sports combined

Office of Institutional Information and Research

Made available through the Office of Institutional Information and Research website

http://www.iit.edu/oiir/facts_reports.shtml

Notice of report provided to students upon request

Completion/Graduation and Transfer-out Rates

(Including Disaggregated Completion/Graduation Rates)

Student Right-to-Know Act

34 CFR 668.41(a) - (d); 34 CFR 668.45; 34 CFR 668.8(b)(1)(ii)

Each school must annually make available to prospective and enrolled students the completion or graduation rate of certificate or degree-seeking, first-time, full-time, undergraduate students.  The data are to be available by July 1 each year for the most recent cohort that has had 150 percent of normal time for completion by August 31 of the prior year.

If a prospective student requests the information, it must be made available prior to the student's enrolling or entering into any financial obligation with the school.

Note:  Schools may add other information to their completion/graduation rate disclosures (e.g., graduation rates for other timeframes, but the HEA-required information must be identifiable and separate from any additional information).

A school that determines that its mission includes providing substantial preparation for students to enroll in another Title IV, HEA-eligible school must disclose a transfer-out rate for each cohort.

A student shall be counted as a completion or graduation if the student earns a degree or certificate or completes a transfer-preparatory program within 150 percent of normal time for the student's program.

Note:  These data are collected in the IPEDS Graduation Rate Survey (GRS).

For more information: http://nces.ed.gov/ipeds

Disaggregated Completion/Graduation Rates:

The HEOA (Section 488(a)(3)) added a provision requiring that the completion or graduation rates must be disaggregated by:

  • Gender
  • Major racial and ethnic subgroup (as defined in IPEDS)
  • Recipients of a Federal Pell Grant
  • Recipients of a subsidized Stafford Loan who did not receive a Pell Grant
  • Students who did not receive either a Pell Grant or subsidized Stafford Loan

Students are to be considered to have received a grant or loan if they received it for the period used for determining the cohort – fall term or full year.

Office of Institutional Information

Made available through the Office of Institutional Information and Research website
http://www.iit.edu/oiir/

Completion/Graduation and Transfer-out Rates

(Including Disaggregated Completion/Graduation Rates)

(Student Right-to-Know Act)

(continued)

34 CFR 668.41(a) - (d); 34 CFR 668.45; 34 CFR 668.8(b)(1)(ii)

The disaggregated rates are to be disclosed only if the number of students in each group is sufficient to yield statistically reliable information and not reveal personally identifiable information about an individual student.  The requirement for disaggregation does not apply to 2-year degree-granting schools until academic year 2011-2012.

Exclusions:

Schools are allowed to exclude from completion/graduation or transfer-out rate calculations those students who leave school to serve in the Armed Forces, on official church missions, or with a federal foreign aid service, or are deceased or totally and permanently disabled.

The HEOA (Section 488(a)(2)) added a provision that applies to schools for which students who leave school to serve in the Armed Forces, on official church missions, or with a recognized federal foreign aid service represent 20 percent or more of the certificate-or degree-seeking, full-time undergraduates at the school Those schools may include the students who leave for such service in their completion/graduation rate calculation but allow for the time the students were not enrolled due to their service by adding the time period the students were not enrolled due to their service to the 150 percent of normal time used in the calculations.

Office of Institutional Information

Made available through the Office of Institutional Information and Research website
http://www.iit.edu/oiir/

Placement in Employment

34 CFR 668.41(d)

Schools must make available to current and prospective students information regarding the placement in employment of, and types of employment obtained by, graduates of the school's degree or certificate programs.

Schools must identify the source of the placement information, and any timeframes and methodology associated with it.

Under this provision, schools are not required to calculate placement rates, but a school must disclose any placement rates it calculates for the school or any program.

Career Management

Center

Made available through appropriate publications, mailings, or electronic media

Job Placement Rates

34 CFR 668.14(b)(10)

A school that advertises job placement rates as a means of recruiting students to enroll must make available to prospective students, at or before the time the prospective student applies for enrollment:

  • The most recent available data concerning employment statistics and graduation statistics
  • Any other information necessary to substantiate the truthfulness of the advertisements

Relevant state licensing requirements of the state in which the school is located for any job for which the course of instruction is designed to prepare students.

Career Management

Center

Information made available to prospective students

Types of Graduate and Professional Education in Which the School's Graduates Enroll

34 CFR 668.14(b)(10)

A school that advertises job placement rates as a means of recruiting students to enroll must make available to prospective students, at or before the time the prospective student applies for enrollment:

  • The most recent available data concerning employment statistics and graduation statistics
  • Any other information necessary to substantiate the truthfulness of the advertisements

Relevant state licensing requirements of the state in which the school is located for any job for which the course of instruction is designed to prepare students.

Career Management Center

Information made available to prospective students

Retention Rate

34 CFR 668.41

Schools must make available to current and prospective students the retention rate of certificate or degree seeking, first-time, undergraduate students as reported to IPEDS.

This information is collected in the IPEDS Fall Enrollments Survey.

For more information:
http://nces.ed.gov/ipeds

If the retention rate information is requested by a prospective student, the information must be made available prior to the student's enrolling or entering into any financial obligation with the school.

Office of Institutional Information

Made available through the Office of Institutional Information and Research website
http://www.iit.edu/oiir/

Security Report (Including Emergency response and Evacuation Procedures), Timely Warnings, and Crime Log

34 CFR 668.41(a); 34 CFR 668.41(e); 34 CFR 668.46; 34 CFR Part 668 Subpart D, Appendix A

Schools must distribute, by October 1 each year, a security report or a notice of the report to all current students and employees.  If the school distributes the report by posting it on the school's website, the school must provide a notice by October 1 that includes a statement of the report's availability, the exact electronic address, a brief description of the report's contents, and a statement that the school will provide a paper copy upon request.

The school must provide a notice to prospective students and employees that include a statement of the report's availability, a description of its contents, and an opportunity to request a copy.  If the report is posted on a website the notice must include the exact electronic address and a statement that the school will provide a paper copy of the report upon request.

A school may combine the publication of the security report and the fire safety report if the title of the combined report clearly states that both reports are included.  If the security and fire safety reports are published separately, each report must include information about how to access the other report.

Public Safety

Office of Institutional Information

Business & Operations

Prospective students and prospective employees receive notice of report and receive report upon request

Report or notice of report posted in the IIT Today annually in October

Public Safety
http://www.iit.edu/public_safety/
resources.shtml

Security Report (Including Emergency response and Evacuation Procedures), Timely Warnings, and Crime Log (continued)

34 CFR 668.41(a); 34 CFR 668.41(e); 34 CFR 668.46; 34 CFR Part 668 Subpart D, Appendix A

The report must contain information about:

  • Campus policies regarding procedures for students and others to report criminal actions or other emergencies occurring on campus, including policies regarding the school's response to such reports
  • Policies for making timely warning reports
  • Policies for preparing the annual disclosure of crime statistics
  • Polices concerning security of and access to campus facilities and security considerations used in the maintenance of campus facilities
  • List of the titles of persons or organizations to whom students and employees should report criminal offenses for the purpose of making timely warning reports and statistics disclosures
  • Statement of whether the school has policies or procedures regarding confidential crime reporting (for inclusion in statistics), and if so, a description of those policies and procedures
  • Statement of the law enforcement authority of campus security personnel and their relationship with state and local law enforcement agencies
  • Policies that encourage accurate and prompt reporting of all crimes to the campus police and appropriate police agencies
  • Procedures, if any, that encourage pastoral counselors and professional counselors to inform persons they are counseling about procedures for confidential crime reporting (for inclusion in statistics)
  • Type and frequency of programs designed to inform students and employees about campus security procedures and practices and to encourage students and employees to be responsible for their own security and the security of others
  • Programs designed to inform students and employees about the prevention of crimes
  • Policy concerning the monitoring and recording through local police agencies of criminal activity in which students engaged at off-campus locations of student organizations officially recognized by the school
  • Policy regarding the possession, use, and sale of alcoholic beverages and enforcement of state under-age drinking laws
  • Policy regarding the possession, use, and sale of illegal drugs and enforcement of federal and state drug laws
  • Description of drug or alcohol abuse education programs as required in HEA Section 120 (20 U.S.C. 100i)

Statement advising the campus community where law enforcement agency information provided by a state concerning registered sex offenders may be obtained

Public Safety

Office of Institutional Information

Business & Operations

Prospective students and prospective employees receive notice of report and receive report upon request

Report or notice of report posted in the IIT Today annually in October

Public Safety
http://www.iit.edu/public_safety/
resources.shtml

Security Report (Including Emergency response and Evacuation Procedures), Timely Warnings, and Crime Log (continued)

34 CFR 668.41(a); 34 CFR 668.41(e); 34 CFR 668.46; 34 CFR Part 668 Subpart D, Appendix A

  • Policy regarding campus sexual assault prevention programs and the procedures to be followed once a sex offense has occurred, including:
    • Educational programs
    • Options for and assistance in notifying law enforcement agencies
    • Available on and off-campus services for victims
    • Options regarding changes to a victim's academic and living situation
    • Procedures for campus disciplinary action, including sanctions the school may impose, and a statement that both the accuser and the accused are entitled to the same opportunities to have others present during disciplinary proceedings, and both must be informed of the outcome of any disciplinary proceeding

Report or notice of report posted in the IIT Today annually in October to students and employees and can be found on the Public Safety website

Public Safety
http://www.iit.edu/public_safety/
resources.shtml

Missing Student Notification

  • Missing student notification policies and procedures

Emergency Response and Evacuation Procedures

  • Policies regarding emergency response and evacuation procedures, including
    • Procedures for immediate notification of the campus community
    • A description of the process the school will use to confirm the emergency or dangerous situation, determine the appropriate segment/s of the campus community to be notified, determine the content of the notification, and initiate the notification system unless issuing the notification would compromise efforts to assist a victim, or to contain, respond to, or otherwise mitigate the emergency
    • A statement that the school will take the actions describe above without delay
    • List of the titles of person/s or organization/s responsible for carrying out the actions described above
    • The school's procedures for disseminating emergency information to the larger community
    • The school's procedures to test the emergency response and evacuation procedures on a least an annual basis

The emergency response and evacuation information must be included in the school's annual security report beginning October 1, 2010

  • Statistics for the most recent 3 calendar years:

Crimes reported to a campus security authority or local police agencies: murder and non-negligent manslaughter, negligent manslaughter, forcible and non-forcible sex offenses, robbery, aggravated assault, burglary, motor vehicle theft and arson

  • For the crimes listed above and for crimes of larceny-theft, simple assault, intimidation, and destruction, damage, or vandalism of property, and any other crimes reported to a campus security authority or to local police agencies involving bodily injury to any person in which the victim was intentionally selected because of the victim's actual or perceived race, gender, religion, sexual orientation, ethnicity, or disability. These data are to be reported according to category of prejudice
  • Arrests and persons referred for campus disciplinary action, for liquor law violations, drug law violations, and illegal weapons possession.

Schools are to use the Federal Bureau of Investigation's crime definitions.  The statistics are to be reported by the following locations:

  • On campus
  • In dormitories or other on-campus residential facilities for students
  • In or on a non-campus building or property (any building or property owned or controlled by a student organization officially recognized by the school, or any building or property owned or controlled by the school that is not within the same reasonably contiguous geographic area of the school
  • On public property that is within the campus, or immediately adjacent to and accessible from the campus.

The school is not required to report statistics for crimes reported to a pastoral or professional counselor.  The statistics must not identify a victim or person accused of committing a crime.

The school must submit the crime statistics to the U.S. Department of Education.  The Department is required to make the statistics available to the public.

Public Safety

Office of Institutional Information

Business & Operations

Policies provided to students and employees from the Office of HEA Compliance

Open for public inspection

Timely Warning Reports

Schools must make timely reports to the campus community of crimes considered to be a threat to students and employees that are reported to campus security authorities or to local police agencies. Schools are not required to issue a timely warning based on the same circumstances that lead to an emergency notification.

Crime Log

Schools that maintain a police or security department of any kind must maintain a daily crime log.  The log must record, by the date a crime was reported, any crime reported to the campus police or security department that occurred on campus, in or on a non-campus building or property, on public property, or within the patrol jurisdiction of the campus police or the campus security department.  The log must include the nature, date, time, and general location of each crime, and the disposition of the complaint if known.

An entry to the log, or an addition to an entry, must be made within two business days of the report of the information to campus police or security department, unless the disclosure is prohibited by law or would jeopardize the confidentiality of the victim.  Information may be withheld if there is clear and convincing evidence that the release of the information would jeopardize an ongoing criminal investigation or the safety of an individual, cause a suspect to flee or evade detection, or result in the destruction of evidence.  Once the adverse effect is no longer likely to occur, the information must be disclosed.

The crime log for the most recent 60 days must be open to public inspection during normal business hours.  Portions of the log older than 60 days must be available for public inspection within two business days of a request.

Report provided to students and employees via email

Open for public inspection

Information for Crime Victims about Disciplinary Proceedings

34 CFR 668.46

Schools must, upon written request, disclose to the alleged victim of any crime of violence or non-forcible sex offense, the results of any disciplinary proceeding conducted by the school against a student who is the alleged perpetrator of such crime or offense.  If the alleged victim is deceased as a result of the crime or offense, the information shall be provided, upon request, to the next of kin of the alleged victim.  This provision applies to any disciplinary proceeding conducted by a school on or after August 14, 2009.

Dean of Students

Information provided to victim of crime from the Dean of Students Office
http://www.iit.edu/student_affairs/

Security Report- Missing Person Notification Policy

34 CFR 668.41(a); 34 CFR 668.46(b)(14); 34 CFR 668.46(h)

Beginning October 1, 2010, a school that provides any on-campus student housing facility must include in its annual security report a statement of policy regarding missing student notification procedures for students who reside in on-campus student housing facilities.

The statement must:

  • Include the titles of the persons or organizations to which reports should be made that a student has been missing for 24 hours
  • Require that any missing student report must be refereed immediately to the school's police or campus security department, or, in the absence of a school police or campus security department, to the local law enforcement agency that has jurisdiction in the area
  • Contain an option for each student to identify a contact person or persons whom the school will notify within 24 hours if the student is determined by the school police or security department or  the local law enforcement agency to be missing
  • Advise students their contact information will be registered confidentially
  • Inform students that the school will notify within 24 hours the appropriate law enforcement agency that the student is determined to be missing (if the law enforcement agency did not make the determination that the student is missing)

Advises students, if they are under 18 years of age and not emancipated that the school is required to notify a custodial parent or guardian with 24 hours when the student is determined to be missing in addition to any additional contact person designated by the student.

Public Safety

Business & Operations

Report or notice of report posted in the IIT Today annually in October to students and employees and can be found on the Public Safety website

Public Safety
http://www.iit.edu/public_safety/
resources.shtml

Privacy of Student Records – family Educational Rights and Privacy Act (FERPA)

34 CFR 668.41(c); 34 CFR Part 99

Each school must annually provide a notice to all enrolled students about:

  • The right to review their educational records, to request amendment of records, to consent to disclosures or personally identifiable information, and to file complaints with the U.S. Department of Education
  • Procedures for reviewing educational records and requesting amendment of records
  • If applicable, information about the school's policy regarding disclosures to school officials with a legitimate educational interest in the educational records.

In order to disclose directory information without prior consent, a school must provide to students a notice of directory information that includes:

  • The types of information the school has designated as directory information

The student's right to refuse to allow any or all such information about the student to be designated as directory information, and the time period the student has for notifying the school in writing

Registrar

Notice distributed to each enrolled student annually in the fall through email and on the Registrar website
http://www.iit.edu/registrar/

Fire Safety report

34 CFR 668.41(a); 34 CFR 668.41(e); 34 CFR 668.49

By October 1 of each year (beginning with the October 1, 2010, report containing data from the 2009 calendar year), a school that maintains any on-campus student housing facility must distribute an annual fire safety report, or notice of the report, to all enrolled students and current employees. If the school distributes the report by posting the report on its website, it must provide a notice by October 1 that includes a statement of the report's availability, the exact electronic address at which the report is posted, a brief description of the report's contents, and a statement that the school will provide a paper copy upon request.

Schools must provide a notice to prospective students and prospective employees that include a statement of the report's availability, a description of its contents, and an opportunity to request a copy. If the school posts the report on its website, the notice must include the exact electronic address at which the report is posted and a statement that the school will provide a paper copy upon request.

A school may combine the publication of the first safety report and the security report if the title of the combined report clearly states that both reports are included.  If the security and fire safety reports are published separately, each report must include information about how to access the other report.

The fire safety report must include, for each on-campus student housing facility:

  • Statistics for the three most recent calendar years (three year requirement begins with the October 1, 2012 report) for which data are available for:
    • The number of fires and the cause of each fire
    • The number of persons who received fire-related injuries that resulted in treatment at a medical facility, including at an on-campus health center
    • The number of deaths related to a fire, and
    • The value of property damage caused by a fire
  • A description of each housing facility fire safety system, including the fire sprinkler system
  • The number of fire drills held during the previous calendar year
  • Policies or rules on portable electrical appliances, smoking, and open flames
  • Procedures for evacuation
  • Policies regarding fire safety education and training programs provided to students and employees, including the procedures students and employees follow in case of a fire
  • For the purposes of including a fire in the statistics, the titles of each person or organization to which students and employees should report that a fire occurred.
  • Plans for future improvements in fire safety, if determined necessary by the school.

The three-year requirement will be phased in.  The October 1, 2010 report must include statistics for the 2009 calendar year.  The first report to contain three years of data will be the October 1, 2012 report.

The statistics must also be submitted to the U.S. Department of Education.

Public Safety

Report or notice of report posted in the IIT Today annually in October to students and employees and can be found on the Public Safety website

Public Safety
http://www.iit.edu/public_safety/
resources.shtml

Fire Log

34 CFR 668.49(d)

The school must maintain a fire log that records by the date that a fire is reported, any fire that occurred in an on-campus student housing facility.  The log must include the nature, date, time and general location of each fire.

An entry to the log, or an addition to an entry, must be made within 2 business days of the receipt of the information.  The log for the most recent 60-day period must be open to public inspection during normal business hours.  The school must make older portions of the log available within 2 business days of a request for public inspection. The school must make an annual report to the campus community on the fires recorded in the fire log.

Public Safety

Open for public inspection

Gainful Employment (GE)

34 CFR 668.6(b)

The October 29, 2010, regulations effective July 1, 2011, include a provision, at 34 CFR 668.6(b), that requires institutions to disclose, for each of their GE Programs, certain information about the programs to prospective students. The school must include the information required in promotional materials it makes available to prospective students and on its Web site. The regulations also provide that the school must "Use the disclosure form issued by the Secretary to provide the information ... when that form is available" (34 CFR 668.6(b)(2)(iv)). These disclosures must begin no later than July 1, 2011. Schools are responsible for meeting these disclosure requirements using their own form until the Department releases its form.  The following is a summary of the information that must be disclosed by an institution for each of its GE Programs. Institutions must review the final regulations as published in the Federal Register to ensure that they are in compliance with this and all other gainful employment requirements:

  • The name and U.S. Department of Labor's Standard Occupational Classification (SOC) code of the occupations that the program prepares students to enter, along with links to occupational profiles on the U.S. Department of Labor's O*NET Web site or its successor site.
  • The on-time graduation rate for students completing the program.
  • The tuition and fees the institution charges a student for completing the program within normal time.
  • The typical costs for books and supplies (unless those costs are included as part of tuition and fees), and the cost of room and board, if applicable.
  • The job placement rate for students completing the program.
  • *The median loan debt incurred by students who completed the program (separately by Title IV loans and by other educational debt to include both private educational loans and institutional financing) as provided by the Secretary.

Other information the Secretary provided to the institution about the program

*Note: One of the informational items that must be disclosed to prospective students is the median loan debt incurred by students who completed the GE Program. In anticipation of the receipt of student-level information from the institutions and to provide consistency among institutions, the regulation provides that the Secretary for the institution's disclosure to prospective students will provide these median amounts to the institution. However, since the first disclosures under the new regulation must be made no later than July 1, 2011, and the first reporting by institutions is not required until October 1, 2011, an institution must include in its disclosures its own calculation of median debt - separately showing Title IV debt and other educational debt - until such time as the Department provides that loan debt information. The loan debt information disclosed by institutions should be consistent with the information the institutions report to the Department.

Registrar

Office of Financial Aid

Graduate College

Disclosure to prospective and enrolled students and on IIT's website at:

Graduate Admission
http://www.iit.edu/grad_adm/

Student Loan Information Published by the U.S. Department of Education

HEOA Section 488 (c) amended HEA Section 485(d)  (20 U.S.C. 1092(d))

Schools are required to provide information published by the U.S. Department of Education to students at any time that information regarding loan availability is provided.  The publication includes information about rights and responsibilities of students and schools under Title IV, HEA loan programs.

Office of Financial Aid
(Main & DTC)

Made available to prospective and enrolled students through the Office of Financial Aid's websites and

MAIN
http://www.iit.edu/financial_aid/

DTC
http://www.kentlaw.iit.edu/current-students/
tuition-and-financial-assistance

National Student Loan Data System (NSLDS)

HEOA Section 489 amended HEA Section 485B(d)(4)  (20 U.S.C. 1092b)

Schools that enter into an agreement with a potential student, student, or parent of a student regarding a Title IV, HEA loan are required to inform the student or parent that the loan will be submitted to the National Student Loan Data System (NSLDS), and will be accessible by guaranty agencies, lenders, and schools determined to be authorized users of the data system.

Office of Financial Aid
(Main & DTC)

Information provided to prospective student borrowers

Made available to prospective and enrolled students through the Office of Financial Aid's websites and

MAIN
http://www.iit.edu/financial_aid/

DTC
http://www.kentlaw.iit.edu/current-students/
tuition-and-financial-assistance

Entrance Counseling for Student Loan Borrowers

34 CFR 685.304(a); 34 CFR 682.604(f)

Note:  The final regulations include the entrance counseling requirements separately for each loan program.

See the program regulations for complete information.

Prior to the first disbursement, each school must provide to a first-time borrower of a FFELP or Federal

Direct Loan (other than consolidated or Parent PLUS loans) comprehensive information on the terms and conditions of the loan and of the borrower's responsibilities.  The information is to include:

  • The effect of the loan on the eligibility of the borrower for other forms of aid

An explanation of the use of the Master Promissory Note

  • The seriousness and importance of the students' repayment obligation
  • Information on the accrual and capitalization of interest
  • Borrowers of unsubsidized loans have the option of paying interest while in school
  • Definition of half-time enrollment and the consequences of not maintaining half-time enrollment
  • Importance of contacting appropriate offices if student withdraws prior to completion of program of study
  • Sample monthly repayment amounts
  • The obligation of the borrower to repay the full amount of the loan regardless of whether the borrower complete program or completes within regular time for completion, is unable to obtain employment upon completion, or is otherwise dissatisfied with or does not receive the educational or other services the borrower purchased from the school
  • Consequences of default
  • Information about the NSLDS and how the borrower can access the borrowers records

Name and contact information for individual the borrower may contact with questions about the borrower's rights and responsibilities or the terms and conditions of the loan

Note:  The final regulations include the entrance counseling requirements separately for each loan program.  See the program regulations for complete information.

Each school must provide counseling to borrowers of loans under the FFEL, Federal Direct Loan, or Perkins Loan programs (other than consolidated or Parent PLUS loans) shortly before the student borrower ceases at least half-time study at the school.  The counseling will provide information on:

  • Average anticipated monthly repayment amount
  • Repayment plan options
  • Options to prepay or pay on shorter schedule
  • Debt Management Strategies
  • Use of Master Promissory Note
  • The seriousness and importance of student's repayment obligation
  • Terms and conditions for forgiveness or cancellation
  • Copy of information provided by the U.S. Department of Education
  • Terms and conditions for deferment or forbearance
  • Consequences of default
  • Options and consequences of loan consolidation
  • Tax benefits available to borrowers
  • The obligation of the borrower to repay the full amount of the loan regardless of whether the borrower completes program or completes within regular time for completion, is unable to obtain unemployment upon completion, or is otherwise dissatisfied with or did not receive the educational or other services the borrower purchased from the school
  • Availability of the Student Loan Ombudsman's office

Information about NSLDS.  The U.S. Department of Education is required to provide a disclosure form for students and prospective students about NSLDS

Office of Financial Aid
(Main & DTC)

Made available to prospective and enrolled students through the Office of Financial Aid's websites and

MAIN
http://www.iit.edu/financial_aid/

DTC
http://www.kentlaw.iit.edu/current-students/
tuition-and-financial-assistance

Private Education Loan Disclosures (Including Self-Certification Form)

34 CFR 601.2; 34 CFR 601.11; 34 CFR 601.30; 34 CFR 668.14(b)(29)

Schools or school-affiliated organizations (e.g., alumni organizations, foundations) that provide information regarding a private education loan from a lender to a prospective borrower must provide information to the prospective borrower, including:

  • Information required under Section 128(e) of the Truth in Lending Act (15 U.S.C. 1638(e))
  • That the prospective borrower may qualify for loans or other assistance under the Title IV, HEA programs
  • That the terms and conditions of the Title IV, HEA program loans may be more favorable than the provisions of the private education loans.

The information regarding private education loans must be presented in a manner that makes it distinct from information regarding Title IV, HEA program Loans.

Office of Financial Aid
(Main)

Made available to prospective and enrolled students through the Office of Financial Aid's website and

MAIN
http://www.iit.edu/financial_aid/

Self-Certification Form

34 CFR 601.2; 34 CFR 601.11; 34 CFR 601.30; 34 CFR 668.14(b)(29)

The school must, upon request provide in written or electronic form to an enrolled or admitted student applicant for a private education loan the self-certification form for private education loans required under Section 128(e)(3) of the Truth in Lending Act (15 U.S.C. 1638(e)(3)), and the information required to complete the form, to the extent the school possesses the information.  The U.S. Department of Education is required to develop the form. The self-certification form for private education loans is published in DCL-GEN-10-01

Office of Financial Aid
(Main & DTC)

Form and information provided upon request to loan applicant

Made available to prospective and enrolled students through the Office of Financial Aid's websites and

MAIN
http://www.iit.edu/financial_aid/

DTC
http://www.kentlaw.iit.edu/current-students/
tuition-and-financial-assistance

Code of Conduct for Education Loans

34 CFR 601.2; 34 CFR 601.21; 34 CFR 668.14(b)(27)

Each school must prominently publish on the school's website a code of conduct that prohibits a conflict of interest with the responsibilities of an agent of the school with respect to FFELP or private education loans.  All agents with responsibility for loans must be informed annually of the provisions of the code.  The code of conduct must prohibit:

  • Revenue-sharing arrangements with any lender
  • Receiving gifts from a lender, a guarantor, or a loan services
  • Contracting arrangement providing financial benefit from any lender or affiliate of a lender
  • Directing borrowers to particular lenders, or refusing or delaying loan certifications
  • Offers of funds for private loans
  • Call center or financial aid office staffing assistance

Advisory board compensation

Office of Financial Aid
(Main & DTC)

Made available to prospective and enrolled students through the Office of Financial Aid's websites and

MAIN
http://www.iit.edu/financial_aid/

DTC
http://www.kentlaw.iit.edu/current-students/
tuition-and-financial-assistance

All relevant agents are annually informed of the provisions of the code of conduct

Preferred Lender Lists

34 CFR 601.2; 34 CFR 601.10; 34 CFR 668.14(b)(28)

Each school must annually make available in print or other medium to students attending the school and their families a list of the specific lenders for private education loans or for Title IV, HEA loans that the school recommends, promotes, or endorses in accordance with a preferred lender arrangement. The list must prominently disclose the method and criteria used by the school in selecting lenders for preferred lender arrangements to ensure that such lenders are selected on the basis of the best interests of the borrower.  The list must also clearly and fully disclose:

  • The minimum information determined by the U.S. Department of Education (HEA Section 153(a))
  • Why the school participates in a preferred lender arrangement with each lender, particularly with respect to terms and conditions or provisions favorable to the borrower

That the students or their families do not have to borrow from a lender on the list

The list must have at least three FFELP lenders that are not affiliates or each other.  If the list includes lenders of private education loans, there must be at least two lenders who are not affiliates.  The list must indicate for each lender whether it is or is not an affiliate of the other lenders on the list.  The details of each affiliation are to be disclosed.  The U.S. Department of Education is required to provide to schools a list of the lender affiliates of all eligible lenders.

Office of Financial Aid
(Main)

Made available to prospective and enrolled students through the Office of Financial Aid's website

MAIN
http://www.iit.edu/financial_aid/

Preferred Lender Arrangements

34 CFR 601.2; 34 CFR 601.10; 34 CFR 601.12; 34 CFR 601.20; 34 CFR 601.21

A school or school-affiliated organization (e.g. alumni organizations, foundations) that participates in a preferred lender arrangement must comply with the code of conduct provisions in HEA Section 487(a)(25) and HEA Section 487(h).  School-affiliated organizations are required to prominently publish the code of conduct on their websites (if any) and annually inform agents with responsibility for education loans of the provisions of the code.

By February 14, 2010, the U.S. Department of Education is required to determine the minimum information to be disclosed to current and prospective students regarding preferred lender arrangements.  The Department is also required to then develop model disclosure forms for FFELP and Federal Direct Loans that may be used by schools or school-affiliated organizations.

In addition to the information required for the Preferred Lender Lists, each school or school-affiliated organization in a preferred lender arrangement must disclose information on its website and in publications, mailings, or electronic messages, or materials that are distributed to prospective or current students and their families that describe the financial aid opportunities available to students attending the school and that describe or discuss education loans.

The information must include:

  • The maximum amount of Title IV, HEA grant and loan aid available to students
  • The information on the model disclosure form provided by the U.S. Department of Education (described above) for each type of loan offered pursuant to a preferred lender arrangement

A statement that the school is required to process documents for a FFELP loan from any eligible lender the student selects

Office of Financial Aid
(Main)

Made available to prospective and enrolled students through the Office of Financial Aid's websites and distributed annually

MAIN
http://www.iit.edu/financial_aid/

Private Education Loans

34 CFR 601.2; 34 CFR 601.10; 34 CFR 601.12; 34 CFR 601.20; 34 CFR 601.21

Each school must provide on its website, and in publications, mailings, or electronic messages, or materials that are distributed to prospective or current students and their families that describe the financial aid opportunities available to students attending the school and that describe or discuss private education loans, the information required to be disclosed under Section 128(e)(11) of the Truth in Lending Act (15 U.S.C. 1638(e)(11)) for each type of private loan offered pursuant to a preferred lender  arrangement.

Each school-affiliated organization must provide on its website, and in publications, mailings, or electronic messages, or materials distributed to students and families that describe private education loans and the information required to be disclosed under Section 128(e)(1) of the Truth in Lending Act (15 U.S.C. 1638(e)(1) for each type of private loan offered pursuant to a preferred lender arrangement.

The name of the lender must be displayed in all information and documentation related to private education loans.

The information in the model disclosure form and the Truth in Lending Act information must be provided annually in a manner that allows students and families to take the information into account before selecting a lender or applying for an education loan.

Office of Financial Aid
(Main)

Made available to prospective and enrolled students through the Office of Financial Aid's websites and distributed annually

MAIN
http://www.iit.edu/financial_aid/

Annual report on Preferred Lender Arrangements

34 CFR 601.2; 34 CFR 601.10; 34 CFR 601.12; 34 CFR 601.20; 34 CFR 601.21

Each school and school-affiliated organization must make an annual report to the U.S. Department of Education that includes for each lender in a preferred lender arrangement with the school or school-affiliated organization

  • The minimum information the Department determines must be disclosed
  • Information required for private loans under the Truth in Lending Act
  • Detailed explanation of the reasons a school or school-affiliated organization participates in a preferred lender arrangement with the lender, including why the terms, conditions, and provisions of each type of loan are beneficial to the school's students or their families.

The information in the report must be made available to the public and provided to current students and students planning to attend the school and their families.

Office of Financial Aid
(Main)

Made available to the public and provided to current students and students planning to attend the school and their families on the Financial Aid website

MAIN
http://www.iit.edu/financial_aid/

[Last reviewed and updated October 2012; authorized by Gerald Doyle, Vice Provost — Undergraduate Enrollment and Financial Aid and Virginia Foster, Director of Title IV Compliance]

Last modified: 09/27/2013 17:53:49

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