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Fraud, Abuse, Or Retaliation
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Recommendation Details
Text of Recommendation
We recommend that the chief operating officer of Federal Student Aid and the Assistant Secretary for Postsecondary Education ensure that 90/10 revenue information is reported to Congress by July 1 each year by updating and implementing processes for extracting 90/10 revenue information from the eZ-Audit system, including establishing specific timeframes for extracting, reviewing, and reporting proprietary institutions’ 90/10 revenue percentages.
Recommendation Number
2.1
Recommendation Status
Closed
Significant Recommendation
Yes
Recommendation Questioned Costs
$0
Recommendation Funds for Better Use
$0