List of Schools on the Federal Student Loan Watch List – September 2019

The Department of Education has published its latest list of schools as of September 1, 2019, who are eligible to receive federal student loan money but have unresolved issues. – Source As the Department of Education states: “The U.S. Department of Education may place institutions on a Heightened Cash Monitoring (HCM) payment method to provide … Read more

Department of Education’s Heightened Cash Monitoring List: Students should check to see if their college is in financial trouble

Steve Rhode performed a valuable public service last month when he published the U.S. Department of Education’s most recent Heightened Cash Monitoring List. This is DOE’s list of schools that have various financial concerns, including accreditation problems or missing audits, as well as schools that are on financially shaky ground. DOE does not make the … Read more

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

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on HCM Reason Description Accreditation Problems Includes accreditation actions such as the school’s accreditation has been revoked … Read more

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

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 … Read more

New Schools, Universities and Colleges on the Department of Education Watch List

The Department of Education has just released the latest watchlist of institutions for Heightened Cash Monitoring (HCM). Organizations make this list if the trigger one of two levels of monitoring. Heightened Cash Monitoring 1 (HCM1): After a school makes disbursements to eligible students from institutional funds and submits disbursement records to the Common Origination and … Read more

The Department of Education’s “Heightened Cash Monitoring” list and its list of programs that failed DOE’s Gainful Employment Rule: Big Trouble Ahead for American Higher Education

As the Obama administration limps to a close, the U.S. Department of Education issued two lists that should scare the heck out of anyone working in the field of higher education. First, a few days ago, DOE issued its most recent list of colleges that it flagged for “Heightened Cash Monitoring.” More than 500 colleges … Read more

These Colleges Are On a Department Of Education Watch List as of 12-1-2016

The following colleges which are/were eligible for federal financial student loans have been placed on a heightened cash monitoring watch list by the Department of Education. Schools make the Heightened Cash Monitoring list if the Department of Education spots a number of financial or federal compliance issues, some of which may be serious and others … Read more

Is Your School in Danger of Closing Like ITT? Check This List.

Recently ITT Tech decided to close down after the Department of Education required a higher deposit from them to help protect against student loan losses. Some of the issues that led to this surrounded accreditation issues ITT Tech was facing. The Department of Education publishes a listing of schools that have been placed on Heightened … Read more