GAINFUL EMPLOYMENT REPORTING AND RESOLVING INCORRECT CREDENTIAL LEVEL DATA IN NSLDS AND COD

On August 29, 2015, Federal Student Aid sent warning letters to institutions that had reported at least one 2014-2015 origination record to the Common Origination and Disbursement (COD) system where the record indicated that the award was for the student’s enrollment in a GE program, but the institution did not submit GE data to the National Student Loan Data System (NSLDS) by the July 31, 2015 GE reporting deadline.

With few exceptions, all non-degree programs at non-profit and public institutions are GE programs and all programs are GE programs at for-profit institutions.

Regardless of whether or not an institution received one of the warning letters from FSA, all institutions must review their COD reporting for the 2014-2015 award year, as well as for any COD records submitted for the current 2015-2016 award year and correct any errors in both NSLDS and COD where any Program Credential Level codes are in error. Those institutions must also determine what program or process at their institution (or at their third-party servicer) created the incorrect reporting and ensure that the process is immediately fixed.

The information for GE programs that are listed as unreported on the NSLDS GE Program Tracking List page must be resolved, either by reporting on the program or by correcting errors. Whether an institution is subject to sanctions, and the severity of those sanctions, will be partially dependent on how quickly the institution becomes compliant by properly reporting to NSLDS. Therefore, institutions that have not yet reported their GE information to NSLDS, those that did not report completely, and those that have not resolved discrepancies on the GE Program Tracking List page must do so without any further delay. For more information click here: http://bit.ly/29nQdwc

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