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ARTICLE · 10 NOVEMBER 2023

New Administrative Capability Requirements Announced For Colleges And Universities

The U.S. Department of Education has announced new regulations for colleges and universities that cover four broad areas: financial responsibility, administrative capability...

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Highlights

  • The U.S. Department of Education has announced new regulations for colleges and universities that cover four broad areas: financial responsibility, administrative capability, certification and ability-to-benefit.
  • This Holland & Knight alert covering the administrative capability aspect is part two of a three-part series discussing these new regulations and their implications.
  • The new administrative capability requirements will take effect on July 1, 2024, and are intended to increase transparency in how institutions communicate with students about their financial aid awards.

The Biden-Harris Administration on Oct. 24, 2023, issued final rules detailing important obligations for higher education institutions that receive federal funding. (Codified at 34 C.F.R. § 668 et seq.) The final regulations change the standards colleges and universities must meet to remain eligible for federal student financial assistance under Title IV of the Higher

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