This is a request for an extension without change of the previously approved collection for requirements contained in 34 CFR 668.28 providing that a proprietary institution must derive at least 10% of its annual revenue from sources other than Title IV, HEA funds. These regulations outline how proprietary institutions calculate percentages of their revenue and creates a deadline for proprietary institutions to request and disburse Title IV funds to students. These regulations provide steps proprietary institutions must make if at least 10% of their annual revenue is not from sources other than Title IV, HEA funds.
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