Posted Date: May 12, 2016

Author:  Lynn B. Mahaffie, Deputy Assistant Secretary for Policy, Planning, and Innovation, Office of Postsecondary Education

Subject: Cash Management Questions and Answers (Q&A)

In response to inquiries regarding the Program Integrity and Improvement final regulations that were published on October 30, 2015, we have developed a set of Questions and Answers (Q&As) to assist institutions as the July 1, 2016 effective date for the regulations nears. The attached Q&As cover issues related to cash management, specifically requirements relating to Tier One and Tier Two arrangements, the student choice menu, fee limitations, disclosures, books and supplies, and confirming student eligibility.

If you have any questions about the information provided in the Q&As, please contact Ashley Higgins at or Nathan Arnold at


Cash Management Questions and Answers in Microsoft Word Format, 51KB, 7 Pages


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