HCM

Schools on the Warning List by the Department of Education – December 2018

November 20, 2020December 26, 2018 by Steve Rhode

The following schools have raised a concern with the Department of Education regarding their financial status. Please talk to your school regarding any concerns you may have. The following provides additional detail about the reasons institutions are placed on HCM Reason Description Accreditation Problems Includes accreditation actions such as the school’s accreditation has been revoked …

The Schools on the Federal Student Loan Watchlist – Sep 2017 Edition

November 6, 2017 by Steve Rhode

The U.S. Department of Education may place institutions on a Heightened Cash Monitoring (HCM) payment method to provide additional oversight of cash management. Heightened Cash Monitoring is a step that FSA can take with institutions to provide additional oversight for a number of financial or federal compliance issues, some of which may be serious and …