ED Extends FVT/GE Reporting Deadline to October 1, 2024
Published April 29, 2024
By AACOM Government Relations
Advocacy Federal Policy Higher Education OME Advocate
- Late last month, the U.S. Department of Education (ED) announced a delay in the reporting requirements related to the Financial Value Transparency (FVT) and Gainful Employment (GE) regulations until October 1, 2024, to give institutions of higher education additional time to assemble the reporting data.
- The FVT/GE final rule was published in October 2023 and was set to go into effect on July 1, 2024. Institutions are still able to start reporting their GE/FVT data through the National Student Loan Data System on July 1, 2024, but they now have until October 1, 2024, to provide all necessary reporting.
- AACOM and the American Council on Education have sent letters on March 14, 2024 and April 22, 2024 to ED Secretary Miguel Cardona, asking for delays in the FVT/GE reporting requirements.
- ED created a FVT/GE topics page, including information on a May 1, 2024, webinar.