California Education Code
§ 67102.5
EDC § 67102.5 Effective Jan 1, 2024Div. 5 · Title 3 · Part 40 · Ch. 12.5
Statute text
View on leginfo.ca.gov(a)On or before January 1, 2024, CSAAVE shall establish regulations requiring postsecondary educational institutions to provide the following information to CSAAVE as part of an application for approval or renewal:
(1)The institution’s most recent cohort default rate as reported to the United States Department of Education.
(2)For institutions other than the University of California, the California State University, and the California Community Colleges, evidence that the institution meets financial responsibility requirements that shall be established by CSAAVE.
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Legislative history
Amended by Stats. 2023, Ch. 131, Sec. 44. (AB 1754) Effective January 1, 2024.