Department Sends Draft Completers List for FVT/GE
Department Sends Draft Completers List for FVT/GE
What You Need To Know
This past weekend, the Department sent a draft Financial Value Transparency and Gainful Employment (FVT/GE) Completers List to all institutions of higher education. The list was transmitted to each institution’s Student Aid Internet Gateway (SAIG) TG mailbox. If an institution did not receive a message, it is likely that the institution has a location which is not yet enrolled in NSLDS FVT/GE reporting. Institutions now have a 60-day period (from August 6, 2024 to October 5, 2024) to review and correct student information on the draft FVT/GE Completers List.
During this 60-day period, schools can add or remove students from the list or opt to exclude them from the FVT/GE calculations using NSLDS Enrollment Reporting, FVT/GE reporting, or the FVT/GE Completers List page on the NSLDS Professional Access website. Following this review period, each school’s Completer List is finalized and sent to the Internal Revenue Service to gather the annual median earnings data for GE purposes.
Why This Is Important to You
As provided in the FVT/GE Final Rule, institutions are required to annually report two types of data to the NSLDS: student-specific information and program-specific information. Institutions must comply with the reporting deadlines in order to ensure compliance with Department regulations. It is essential that all institutions closely analyze the draft Completers List and provide any corrections to the Department prior to the October 5, 2024 deadline. Any students not excluded from the Completer List will be included in the annual median earnings data used for GE purposes.
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