About the Changes
During the fall of 2023 the Department of Education (ED) released several regulatory packages that add new and expanded reporting requirements for institutions. These include Financial Value Transparency (FVT) and updated Gainful Employment (GE) rules. The regulations are intended to provide more data about student debt, financial aid gaps, and completion and success rates.
This webpage includes information gathered by AIR, the American Association of Community Colleges (AACC), the American Council on Education (ACE), and the National Association of Independent Colleges and Universities (NAICU) to assist institutions with the FVT/GE reporting requirements.
Add your questions about FVT/GE regulations or reporting in this Google Form.
The resources are not intended to be a substitute for regulatory guidance from the ED, but supplemental information and resources.
Important Update
FVT/GE reporting deadline extended from July 31, 2024 to October 1, 2024. See the Resources from the U.S. Department of Education section below for a link to the Notice of Timeline Change from the Department of Education on 3/29/2024.
Quick Links
Related Events
Through April 22, 2024 - OPEN FOR PUBLIC COMMENT: Proposed FVT/GE data items for collection and related definitions – add your comments at Regulations.gov
May 29 at AIR Forum (2:45 p.m. – 4:30 p.m. MT) - Interactive session at 2024 AIR Forum to assist with FVT/GE data reporting requirements.
Summer 2024 - AIR-hosted Webinar after final regulations released (exact date/time TBD)
Please check back for additional events and resources.
Resources and Information
FVT/GE Regulations Webinar Recordings
Overview of Reporting Requirements
Recorded 2/14/2024
Presentation Slides and Resources
Reporting Your Institutional and Student Data
Recorded 3/1/2024
Presentation Slides and Resources
Resources from the U.S. Department of Education
- Federal Student Aid’s (FSA) Knowledge Center includes
the following FVT/GE resources
- FVT/GE Topics page lists the federal register notices, dear colleague letters, electronic announcements, and frequently asked questions.
- Notice of Timeline Change for FVT/GE reporting.
- Frequently Asked Questions
- Email for questions: GE24@ed.gov
- Subscribe for daily or weekly updates at: https://fsapartners.ed.gov/subscriptions
Other Resources
- NAICU webpage: Financial Value Transparency and Related Regulations Package
- Thomas Coburn LLP webinar recording: YouTube Link
Articles from AIR
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AIR Comments on Financial Value Transparency and Gainful Employment Regulation Implementation Challenges
In response to the Department of Education's call for feedback on the implementation challenges of the Financial Value Transparency and Gainful Employment (FVT/GE) regulations, AIR submitted a letter voicing significant ...Read Moreabout: AIR Comments on Financial Value Transparency and Gainful Employment Regulation Implementation Challenges -
Financial Value Transparency and Gainful Employment Reporting Requirements Deadline Extended to October 1, 2024
The U.S. Department of Education (ED) announced March 29, 2024, that institutions will have until October 1, 2024, to provide all Financial Value Transparency (FVT) and Gainful Employment (GE) reporting require...Read Moreabout: Financial Value Transparency and Gainful Employment Reporting Requirements Deadline Extended to October 1, 2024 -
Institutional Research Community Calls for Delay in Reporting Requirements Implementation to U.S. Department of Education
The institutional research and institutional effectiveness (IR/IE) community has united to advocate for a delay in implementing the reporting requirements related to the Financial Value Transparency (FVT) and Gainful Emp...Read Moreabout: Institutional Research Community Calls for Delay in Reporting Requirements Implementation to U.S. Department of Education