Louisiana State University and A&M College

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  2. COMPLIANCE CERTIFICATION
  3. PART 1. Signatures Attesting to Compliance
  4. PART 2. List of Substantive Changes Approved Since the Last Reaffirmation
  5. PART 3. Institutional Assessment of Compliance
    1. Section 2: Core Requirements
      1. 2.1 Degree-granting Authority
      2. 2.2 Governing Board
      3. 2.3 Chief Executive Officer
      4. 2.4 Institutional Mission
      5. 2.5 Institutional Effectiveness
        1. 2.5 Institutional Effectiveness (Continued)
      6. 2.6 Continuous Operation
      7. 2.7.1 Program Length
        1. 2.7.1 Program Length (Continued)
      8. 2.7.2 Program Content
      9. 2.7.3 General Education
      10. 2.7.4 Course work for Degrees
      11. 2.8 Faculty
      12. 2.9 Learning Resources and Services
      13. 2.10 Student Support Services
        1. 2.10 Student Support Services (Continued)
      14. 2.11.1 Financial Resources
      15. 2.11.2 Physical Resources
    2. Section 3: Comprehensive Standards
      1. 3.1.1 Mission
      2. 3.2.1 CEO evaluation/selection
      3. 3.2.2 Governing board control
      4. 3.2.3 Board conflict of interest
      5. 3.2.4 External Influence
      6. 3.2.5 Board dismissal
      7. 3.2.6 Board/administration distinction
      8. 3.2.7 Organizational structure
      9. 3.2.8 Qualified administrative/academic officers
      10. 3.2.9 Personnel appointment
      11. 3.2.10 Administrative staff evaluations
      12. 3.2.11 Control of intercollegiate athletics
      13. 3.2.12 Fund-raising activities
      14. 3.2.13 Institution-related entities
      15. 3.2.14 Intellectual property rights
      16. 3.3.1 Institutional Effectiveness
        1. 3.3.1.1
          1. 3.3.1.1 (Continued)
        2. 3.3.1.2
        3. 3.3.1.3
          1. 3.3.1.3 (Continued)
        4. 3.3.1.4
          1. 3.3.1.4 (Continued)
        5. 3.3.1.5
          1. 3.3.1.5 (Continued)
      17. 3.4.1 Academic program approval
      18. 3.4.2 Continuing education/service programs
      19. 3.4.3 Admissions policies
      20. 3.4.4 Acceptance of academic credit
      21. 3.4.5 Academic policies
      22. 3.4.6 Practices for awarding credit
      23. 3.4.7 Consortial relationships/contractual agreements
      24. 3.4.8 Noncredit to credit
      25. 3.4.9 Academic support services
        1. 3.4.9 (Continued)
        2. 3.4.9 (Continued - 2)
      26. 3.4.10 Responsibility for curriculum
      27. 3.4.11 Academic program coordination
      28. 3.4.12 Technology use
      29. 3.5.1 General education competencies
      30. 3.5.2 Institutional credits for a degree
      31. 3.5.3 Undergraduate program requirements
      32. 3.5.4 Terminal degrees of faculty
      33. 3.6.1 Post-baccalaureate program rigor
        1. 3.6.1 Post-baccalaureate program rigor (Continued)
      34. 3.6.2 Graduate curriculum
      35. 3.6.3 Institutional credits for a graduate degree
      36. 3.6.4 Post-baccalaureate program requirements
      37. 3.7.1 Faculty competence
      38. 3.7.2 Faculty evaluation
      39. 3.7.3 Faculty development
      40. 3.7.4 Academic freedom
      41. 3.7.5 Faculty role in governance
      42. 3.8.1 Learning/information resources
      43. 3.8.2 Instruction of library use
      44. 3.8.3 Qualified staff
      45. 3.9.1 Student rights
      46. 3.9.2 Student records
      47. 3.9.3 Qualified staff
      48. 3.10.1 Financial Stability
      49. 3.10.2 Financial aid audits
      50. 3.10.3 Control of finances
      51. 3.10.4 Control of sponsored research/external funds
      52. 3.11.1 Control of physical resources
      53. 3.11.2 Institutional environment
      54. 3.11.3 Physical facilities
      55. 3.12.1 Substantive change
      56. 3.13 Policy compliance
        1. 3.13.1 "Accrediting Decisions of Other Agencies"
        2. 3.13.2. "Collaborative Academic Arrangements: Policy and Procedures"
        3. 3.13.3. "Complaint Procedures Against the Commission or Its Accredited Institutions"
        4. 3.13.4. "Reaffirmation of Accreditation and Subsequent Reports"
          1. 3.13.4.a.
          2. 3.13.4.b.
      57. 3.14.1 Publication of accreditation status
      58. 3.13.5. "Separate Accreditation for Units of a Member Institution"
        1. 3.13.5.a.
        2. 3.13.5.b.
    3. Section 4: Federal Requirements
      1. 4.1 Student Achievement
      2. 4.2 Program curriculum
        1. 4.2 Program curriculum (Continued)
      3. 4.3 Publication of policies
      4. 4.4 Program length
        1. 4.4 Program length (Continued)
      5. 4.5 Student complaints
      6. 4.6 Recruitment materials
      7. 4.7 Title IV program responsibilities
      8. 4.8 Distance and correspondence education
        1. 4.8.1
        2. 4.8.2
        3. 4.8.3
      9. 4.9 Definition of credit hours
  6. PART 4. Institutional Summary Form Prepared for Commission Reviews
  7. FOCUSED REPORT
  8. QUALITY ENHANCEMENT PLAN (QEP)
Home > PART 3. Institutional Assessment of Compliance > Section 4: Federal Requirements > 4.7 Title IV program responsibilities

4.7 Title IV program responsibilities

The institution is in compliance with its program responsibilities under Title IV of the 1998 Higher Education Amendments. (In reviewing the institution’s compliance with these program responsibilities, the Commission relies on documentation forwarded to it by the U.S. Department of Education.) (Title IV program responsibilities)

Compliance Status

Louisiana State University and A&M College is in compliance with this principle.

Narrative

Louisiana State University and A&M College (LSU) is in compliance with its program responsibilities under Title IV of the 1998 Higher Education Amendments. The LSU Office of Undergraduate Admissions and Student Aid is responsible for processing all student financial aid, which includes student loans, grants, work-study employment, and scholarships [1]. Eligibility for these types of assistance is based upon the Free Application for Federal Student Aid (FAFSA) [2]. In accordance with federal regulations, the office provides on its Website a guide to consumer information (e.g., tuition rates, refund policy, withdrawal procedures, repayment of student loans, etc.) [3].

With regard to Title IV programs, LSU has:

  • no issues that exist with Title IV programs for the university;
  • not been placed on the reimbursement method;
  • not been required to obtain a letter of credit in favor of the United States Department of Education (USDOE);
  • not received complaints related to financial aid filed with the USDOE;
  • no evidence of significant noncompliance with its financial aid programs as a result of independent audits;
  • no impending litigation issues with respect to financial aid activities;
  • no significant unpaid dollar amounts due back to the USDOE;
  • not received adverse communication from USDOE;
  • no infractions to regulations that would jeopardize Title IV funding; and
  • not been obligated to post a letter of credit on behalf of USDOE or other financial regulatory agencies. These are updated.

In 2013 the university completed the USDOE recertification process to participate in federal student aid programs. The Program Participation Agreement issued by USDOE grants LSU the authority to participate in these programs until 2018 [4].

 

Table 1. Cohort Default Rates of Federal Student Loans

Year

Default Rate

2010

3.4%

2009

2.7%

2008

4%

2007

3.8%

Additionally, LSU’s cohort default rates based on student federal loan programs are in compliance with USDOE regulations. As shown in Table 1, LSU’s student loan program has a low default rate. The most recent official cohort default rates for Fiscal Years (FY) 2008, 2009, and 2010 are 4.0%, 2.7%, and 3.4%, respectively [5].

The university also receives federal financial aid funds via electronic transfer and has not been required to obtain a letter of credit on behalf of the USDOE. The most recent Fiscal Operations Report and Application to Participate (FISAP) was submitted to the USDOE for the FY 2011-12 award-year report and FY 2013-14 award-year application [6].

The Office of the Louisiana Legislative Auditor is responsible for auditing the financial statements of the state in accordance with Louisiana Revised Statute R.S. 24:513 [7]. This office performs annual audits of LSU in accordance with OMB Circular A-133. These audits cover all major federally funded student aid programs, and an audit opinion is issued at the statewide level in the Louisiana Single Audit. The audits include tests of compliance with applicable federal laws and regulations and a review of internal controls used in administering the programs [8][9][10].

The Louisiana Office of Student Financial Assistance (LOSFA) periodically conducts program reviews that determine the extent to which the university complies with federal and state regulations and LOSFA policies in administering state scholarship and grant programs. LOSFA is the administrative arm of the Louisiana Student Financial Assistance Commission and the Louisiana Tuition Trust Authority. This agency is the USDOE’s designated guarantor of Federal Family Education Loans in Louisiana [11].

The institutional audit, expected in January 2014, will provide updated data [12].

Author: Stephenie Franks
Last modified: 7/1/2015 7:33 AM (EST)