Gainful Employment
You can use the Gainful Employment page to configure programs/program versions for gainful employment reporting purposes based on the Financial Value Transparency (FVT) and Gainful Employment (GE) Final Rule published by the Department of Education (ED) on October 10, 2023.
Programs subject to the Gainful Employment Rule include:
- All non-degree programs
- Most programs at proprietary institutions
The final rule is effective July 1, 2024, with the requirement for institutions to report program and student information needed to calculate Debt to Earnings (D/E) rates to the Department by October 1, 2024. For subsequent award years, institutions must report the required data elements by October 1 following the end of the award year.
Institutions are required to report information for students who were enrolled at the end of the most recently completed award year and for students who completed the program or withdrew during the standard or transitional periods. The choice of standard or transitional period must be made for the entire institution and cannot be changed once it has been selected. Institutions that choose transitional reporting will use that reporting method for the first six years that the regulations are in effect. Institutions that choose standard reporting will be expected to provide data for all the years during the cohort period.
Prerequisites
You must have the following authorization:
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Common - Configuration - View
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Financial Aid – Configuration - Gainful Employment - Edit and View
You must have selected an option under FVT/GE standard initial reporting? in the system settings.
Select the Settings tile > expand System > select General.
Access Method
Select the Configuration tile > expand Financial Aid > select Gainful Employment.
Procedure to Configure Gainful Employment Programs
Programs Tab
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On the Programs tab, select a School Code
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Anthology Student populates the grid with all active programs/program versions that share the selected school code.
Alert: Be sure to save your changes in the grid before selecting a different School Code. If you edit data in the grid and then select a different School Code, your changes will not be saved.
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Review the data in the non-editable and editable columns.
Non-editable columns:
Editable columns:
2 - Years Credits Fully Acceptable toward Bachelor's degree
Program Prepares Students for Licensure in State of Main Campus
Anthology Student enables the editable fields only for programs configured as FVT/GE programs. A program version can be configured as a FVT/GE program only if it is Title IV-eligible, is associated with a Credential Level or Degree Level, and has a CIP Code. A record is not editable if the Credential Level, Degree Level, or CIP code are not specified. The Degree Levels need to be associated with the correct Credential Levels.
The CIP Codes are validated against the latest approved (2020) CIP Codes published by the Department of Education in the Federal Register.
Valid Credential Levels Degree Level Priority 1 = Lowest Undergraduate Certificate 1 Associate's Degree 2 Bachelor's Degree 3 Post-baccalaureate Certificate 4 Master’s Degree 5 Doctor – Research/Scholarship 6 Doctor - Profession Practice 6 Doctor - Other 6 First-Professional Degree 7 Graduate/Professional Certificate 8 Post-Master’s Certificate 8 -
After you have specified appropriate values for the records in the editable column, select the Include check box to mark the records you want to include in the GE Report.
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You can show or hide inactive program versions using the Show Inactive Program Versions toggle button in the grid toolbar.
We recommend that you review all active and inactive program versions and specify whether or not a program version is an active GE program.
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Click Save to save your changes in the grid.
Tip: When you select the paging controls at the bottom of the grid, you will be prompted to save your changes on the current page. If an entry in a required field is missing, you will be navigated to that field. If you select a different School Code, the changes will not be saved.
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To export the list of GE Programs, use the Export to Excel or PDF button (
) on the toolbar.