Consumer Information

Question 1

A school is allowed to provide its annual notice to enrolled students using what three methods?

Answer 1

Individual one-to-one email, campus mail, or USPS mail

Question 2

What situations would allow a school to get a waiver from having an employee available on a full-time basis to assist with consumer information?

Answer 2

ED determines that either the institution’s total enrollment or a portion of the institution’s Title IV recipients is too small, and there is an insufficient demand for the information

Question 3

Can consumer information disclosures be provided on an internet or intranet page?

Answer 3

Yes, as long as the information is reasonably accessible

Question 4

Under what circumstances must a school make the College Financing Plan available to students?

Answer 4

If the school has agreed to comply with the VA Principles of Excellence

Question 5

When a Title IV borrower ends enrollment (graduation or disenrollment), how long does a school have to send exit counseling materials to the borrower?

Answer 5

30 days

Question 6

What is the importance of the Truth in Lending Act?

Answer 6

Creates a required annual disclosure for institutions that provide information about private education loans from a lender to a prospective borrower

Question 7

What 3 items must be provided to the loan applicant with the Private Education Loan Applicant Self-Certification form?

Answer 7

COA, OFA, and SAI

Question 8

Where must a school provide information about its Title IV loan code of conduct?

Answer 8

Published and displayed prominently on the institution’s website (available to students and the general public)

Question 9

What are the 2 guidelines for schools without a preferred lender agreement that provide a list of private education lenders?

Answer 9

The list must contain 1) a clear statement that a borrower can choose any lender on the list or a lender not on the list, and 2) must contain no information about the lender beyond a listing of the terms and conditions of the loans

Question 10

What are the 3 counseling requirements for TEACH Grant recipients?

Answer 10

Must complete initial counseling prior to first disbursement, must complete subsequent counseling annually (before 1st disbursement), and must complete exit counseling shortly before ceasing attendance

Question 11

For each online course offered, a school is required to provide what 3 items of information about the course textbooks?

Answer 11

Verified textbook pricing information (for required and recommended books), ISBNs, and the retail price of textbooks charged by the institution

Question 12

What 3 formats can a school use to provide entrance counseling?

Answer 12

in-person, audiovisual presentations, or through interactive electronic means

Question 13

What 2 components must be included in the Net Price Calculator?

Answer 13

the COA and the average yearly grant and scholarship aid paid to the institution’s students

Question 14

What are the 3 required accreditation and licensure elements in a school’s consumer information?

Answer 14

1) the school’s accreditation and licensure info included in the annual notice, 2) the accrediting agency, and 3) the procedure for filing a complaint with the school’s accrediting agency

Question 15

Schools must disclose information about their drug and alcohol abuse prevention programs to which 2 populations?

Answer 15

All students taking classes and current employees

Question 16

What 4 elements about copyright infringement and peer-to-peer file sharing must be disclosed by an institution?

Answer 16

1) An explicit statement that unauthorized distribution may subject students to liabilities, 2) A summary of the penalties for violation of copyright laws, 3) the institution’s policies regarding unauthorized peer-to-peer file sharing, and 4) legal alternatives for acquiring copyrighted materials

Question 17

When was the original Constitution Day?

Answer 17

September 17, 1787

Question 18

What is the responsibility of a school regarding voter registration?

Answer 18

A school must make a good faith effort to distribute voter registration forms to degree- and certificate-seeking students during elections for federal office and state governors

Question 19

What are the 4 FERPA elements an institution must disclose annually?

Answer 19

1) students’ right to inspect their education records (and the procedure to do so), 2) their right to seek an amendment of records they believe to be inaccurate (and the procedure to do so), 3) their right to consent to disclosure of their PII, and 4) their right to file a complaint with ED concerning violations of FERPA

Question 20

What 3 items must be included in a school’s annual campus security report?

Answer 20

1) crime statistics, 2) policies regarding sexual assault, and 3) information regarding locating registered sex offenders

Question 21

What 3 crimes must be included in an institution’s crime statistics?

Answer 21

Murder, arson, and stalking

Question 22

What is a hate crime?

Answer 22

A crime where there is evidence that the victim was intentionally selected because of their race, gender, religion, ethnicity, nationality, or disability

Question 23

What 3 fire statistics must be included in a school’s annual report

Answer 23

1) the number of fires and their cause, 2) the value of property damage caused by fire, and 3) the number of fire-related deaths

Question 24

What is the time period applicable to compiling required fire statistics?

Answer 24

Institutions must compile fire statistics for the three most recent calendar years

Question 25

What information must be recorded in a school's fire log?

Answer 25

The date, nature, time, and general location of any fire that occurred in on-campus housing

Question 26

To what 4 populations must an institution disclose its campus security and fire safety reports?

Answer 26

Enrolled students, current employees, prospective students, and prospective employees

Question 27

If a school discloses its campus safety and fire reports on the Internet for prospective students and employees, what 3 elements must be included?

Answer 27

1) the exact electronic address where the report is posted, 2) a brief description of the report, and 3) a statement that the school will provide a paper copy upon request

Question 28

How does an institution submit its reports to ED?

Answer 28

via the Campus Safety and Security Survey website

Question 29

What circumstances allow an institution to exclude certain students from the calculation of transfer-out rates? (5)

Answer 29

The student ended enrollment due to military service, Peace Corps, official church missions, total and permanent disability, or death

Question 30

A cohort of first-time, full-time UG students should include students enrolled as of when (3 date options)?

Answer 30

October 15, the end of the school's add/drop period, or an alternative official reporting date

Question 31

What is "normal time" in regard to consumer information requirements?

Answer 31

The amount of time needed for a student to complete all requirements for a degree, according to the school's catalog

Question 32

For schools that have to disclose the number of students receiving athletically related student aid (the EADA report), what potential exception is provided?

Answer 32

Schools with five or fewer students receiving athletically related student aid (categorized by race and gender) with a sport can exclude that category of students.

Question 33

When is the deadline for a school to submit the EADA (Athletic Program Participation Rates and Data) to ED

Answer 33

Within 15 days after making the report available to enrolled students, prospective students, and the public

Question 34

What supplemental information may a school elect to provide about transfer-out rates? (2 elements)

Answer 34

Completion rate of students who transferred into the school, and the number of students who transferred out of the institution

Question 35

What is disaggregation?

Answer 35

Breaking data down into subgroups or categories