Cal Grant Rules Disqualify 80 Percent of For-Profits

Category: More headlines,News |
Print Friendly

by Associated Press

LOS ANGELES — A state report examining Cal Grant’s new eligibility standards says the tighter rules have disqualified 80 percent of California’s for-profit colleges from the financial aid program.

The state Legislative Analyst’s Office released the 20-page report Monday to update lawmakers on how the rules adopted last year have affected higher education. The new standards were designed to steer students toward a better quality education by avoiding institutions with high loan default rates and low graduation rates.

The report says the tougher standards have worked largely as intended.

Among higher education institutions with large numbers of students receiving federal aid, 35 percent have been barred from receiving Cal Grant students. No state-run colleges were affected.

The report makes three recommendations to improve the system, including a new assessment for measuring default rates.


Semantic Tags:

Related articles

Stage Set for Showdowns Over Potential Contraction of HBCUs

Veteran Out-of-State Tuition Row Intensifies

Report: For-profit Schools Likened to Subprime Mortgage Lenders

Advocates Urge Quick Action on Rules Governing For-profits

Making Amends in California

Report: Low Hispanic College Completion Rates Endanger U.S. Attainment Goals

Group sues NCAA over eligibility rules – National Collegiate Alhletic Association – includes related article

Is the NCAA playing a numbers game? – National Collegiate Athletics Association – appraisal of graduation rates

Getting to the ‘real information.’ – the Student-Right-to-Know Act and colleges and universities academic profile – Recruitment & Retention

Recent Tweets From Diverse

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Join the conversation with our 30,000 social media participants by following us on Twitter @DiverseIssues and like us on Facebook at as we celebrate the 30th anniversary of Diverse: Issues in Higher Education.