Gainful Employment Electronic Announcement #123 – Gainful Employment Reporting for 2018–19 – IFAP
On July 1, 2019, the Department of Education published a final rule rescinding the Department’s gainful employment (GE) regulations (2014 Rule) in the Federal Register. Institutions were given the option to early implement the rescission of the GE rule. As detailed in Gainful Employment Electronic Announcement #122, institutions that choose to early implement the rescission of the GE rule will not be required to report GE data for the 2018–19 Award Year to the National Student Loan Data System (NSLDS®), which is otherwise due on October 1, 2019.
Institutions that do not early implement the rule are still expected to comply with the 2014 rule until the rescission becomes effective on July 1, 2020, and are expected to report GE data for the 2018–19 Award Year to NSLDS by October 1, 2019. Institutions may continue to submit the information using the GE online reporting option under the Enrollment tab of the NSLDS Professional Access website, the GE batch file submission option through the Student Aid Internet Gateway (SAIG), or by using the NSLDS Gainful Employment Spreadsheet Submittal Format online upload option.