New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 100 - PRIVATE INSTITUTIONS OF HIGHER LEARNING
Part 7 - LICENSURE UNDER THE POST-SECONDARY EDUCATIONAL INSTITUTION ACT
Section 5.100.7.14 - REPORTING REQUIREMENTS
Universal Citation: 5 NM Admin Code 5.100.7.14
Current through Register Vol. 35, No. 18, September 24, 2024
A. Licensed institutions shall annually submit a standard reporting form on a deadline set by the department and make available to the prospective student.
B. The department shall promulgate a standard form for annual reporting including, but not limited to:
(1) curriculum and enrollment
information;
(2) financial
information;
(3) completion rates
for both full-time and part-time students;
(4) withdrawal rates of students;
(5) satisfaction of students and
employers;
(6) median combined loan
debt for federal loans, institutional loans and private loans certified by the
institution, for all students who completed the most recently completed award
year;
(7) placement
rates;
(8) median earnings at ten
years after entering the institution of former students of the institution who
received federal financial aid, if available;
(9) all publication material requested by the
department; and
(10) certification
of compliance with current New Mexico administrative code or statutes
applicable to post-secondary educational institutions.
C. An institution must comply with reporting requirements in order to be eligible for annual license renewal.
D. An institution renewing application with the department must submit required reporting and maintain records of the institution's efforts to provide the information of this section to prospective student for at least five years after the student enrolls at the institution.
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