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The Revised Financial Responsibility Standards


Among the significant changes made by the new rules are revisions to the financial responsibility standards that apply to private institutions (both nonprofit and proprietary). The regulation creates a significant number of new “triggering events” that automatically require institutions to provide financial protection to the Department (e.g., letter of credit). In this webinar, we’ll walk through the triggering events and associated processes, and discuss significant risks.

Approved for 1.5 general credit in California and Illinois
Approved for 1.8 general credit in Missouri

Aaron Lacey

*Please note that this is a 90-minute presentation

Originally Presented:
December 1, 2016