Common use of Consortium Agreement Clause in Contracts

Consortium Agreement. A consortium agreement can only exist between eligible schools. It can apply to all SFA programs. Under such a written agreement, students may take courses at a school other than the home institution (the school where the student expects to receive a degree or certificate) and have those courses count toward the degree or certificate at the home school. Elements of a consortium agreement A consortium agreement can be a blanket agreement between two or more eligible schools, or it can be written for a specific student. Such an agreement is often used when a student takes related courses at neighboring schools or when a student is enrolled in an exchange program with another eligible school for a term or more. The written agreement ensures that the student will receive payment from only one school in a given payment period. Consortium Agreement Cite 34 CFR 668.5 (previously 600.9 and 690.9) In a consortium agrement there is no limit on the portion of the eligible program that may be provided by eligible schools other than the home school. Agreement contents can vary widely and will depend upon the interests of the schools involved and the accrediting or state agency standards. The Department does not dictate the format of the agreement (which can be executed by several different offices) or where the agreement is kept. However, the following information should be included in all agreements: • the school that will grant the degree or certificate; • the student’s tuition, fees, and room and board costs at each school; • the student’s enrollment status at each school; • the school that will be responsible for disbursing aid and monitoring student eligibility; and • the procedures for calculating awards, disbursing aid, monitoring satisfactory progress and other student eligibility requirements, keeping records, and distributing SFA refunds. Usually, the home institution is responsible for disbursing funds, but if the student is enrolled for a full term or academic year at the host institution, it may be easier for the host institution to monitor the student’s eligibility and make payments. Arrangements Between Institutions Cite

Consortium Agreement. A consortium agreement can only exist between eligible schools. It can apply to all SFA FSA programs. Under such a written consortium agreement, students may take courses at a school other than the home institution (the school where the student expects to receive a degree or certificate) and have those courses count toward the degree or certificate at the home school. A student can only receive Title IV assistance for courses that are applicable to the student’s certificate or degree program. Elements of a consortium agreement A consortium agreement can be a blanket agreement between two or more eligible schools, or it can be written for a specific student. Such an agreement is often used when a student takes related courses at neighboring schools or when a student is enrolled in an exchange program with another eligible school for a term or more. The written A school could have • one agreement ensures that the student will receive payment from only one school in for each student; • a given payment periodseparate agreement with each host school; or • a blanket agreement with a group of schools. Consortium Agreement Cite 34 CFR 668.5 (previously 600.9 and 690.9) In a consortium agrement there agreement t here is no limit on the portion of the eligible program that may be provided by eligible schools other than the home school. Agreement contents can vary widely and will depend upon the interests of the schools involved and the accrediting or state agency standards. The Department does not dictate the format of the agreement (which can be executed by several different offices) or where the agreement is kept. However, the following information should be included in all agreements: • the school that will grant the degree or certificate; • the student’s tuition, fees, and room and board costs at each school; • the student’s enrollment status at each school; • the school that will be responsible for disbursing aid and monitoring student eligibility; and • the procedures for calculating awards, disbursing aid, monitoring satisfactory progress and other student eligibility requirements, keeping records, and distributing SFA FSA refunds. Usually, the home institution is responsible for disbursing funds, but if the student is enrolled for a full term or academic year at the host institution, it may be easier for the host institution to monitor the student’s eligibility and make payments. Arrangements Between Institutions CiteWhen there is a written arrangement between eligible institutions, any of the institutions participating in the written arrangement may make Title IV, HEA program calculations and disbursements without that institution being considered a third- party servicer. This is true even if the student is not taking courses at the institution that is calculating and disbursing the aid. The school that disburses an FSA award is responsible for maintaining information on the student’s eligibility, how the award was calculated, what money has been disbursed, and any other documentation associated with the award (even if some of that

Consortium Agreement. A consortium agreement can only exist between eligible schools. It can apply to all SFA FSA programs. Under such a written consortium agreement, students may take courses at a school other than the home institution (the school where the student expects to receive a degree or certificate) and have those courses count toward the degree or certificate at the home school. A student can only receive FSA assistance for courses that are applicable to the student’s certificate or degree program. Elements of a consortium agreement A consortium agreement can be a blanket agreement between two or more eligible schools, or it can be written for a specific student. Such an agreement is often used when a student takes related courses at neighboring schools or when a student is enrolled in an exchange program with another eligible school for a term or more. The written A school could have – • one agreement ensures that the student will receive payment from only one school in for each student; • a given payment periodseparate agreement with each host school; or • a blanket agreement with a group of schools. Consortium Agreement Cite 34 CFR 668.5 (previously 600.9 and 690.9) In a consortium agrement there agreement t here is no limit on the portion of the eligible program that may be provided by eligible schools other than the home school. Agreement contents can vary widely and will depend upon the interests of the schools involved and the accrediting or state agency standards. The Department does not dictate the format of the agreement (which can be executed by several different offices) or where the agreement is kept. However, the following information should be included in all agreements: • the school that will grant the degree or certificate; • the student’s tuition, fees, and room and board costs at each school; • the student’s enrollment status at each school; • the school that will be responsible for disbursing aid and monitoring student eligibility; and • the procedures for calculating awards, disbursing aid, monitoring satisfactory progress and other student eligibility requirements, keeping records, and distributing SFA FSA refunds. Usually, the home institution is responsible for disbursing funds, but if the student is enrolled for a full term or academic year at the host institution, it may be easier for the host institution to monitor the student’s eligibility and make payments. Arrangements Between Institutions CiteWhen there is a written arrangement between eligible institutions, any of the institutions participating in the written arrangement may make FSA calculations and disbursements without that institution being considered a third-party servicer. This is true even if the student is not taking courses at the institution that is calculating and disbursing the aid. The school that disburses an FSA award is responsible for maintaining information on the student’s eligibility, how the award was calculated, what money has been disbursed, and any other documentation associated with the award (even if some of that documentation comes from other schools). Moreover, the school paying the student must return FSA funds if required (for example, in refund / return or overpayment situations). For details on how agreements affect Federal Pell Grant calculations, see Volume 3 – Calculating Awards and Packaging.

Consortium Agreement. A consortium agreement can only exist between eligible schools. It can apply to all SFA FSA programs. Under such a written consortium agreement, students may take courses at a school other than the home institution (the school where the student expects to receive a degree or certificate) and have those courses count toward the degree or certificate at the home school. A student can only receive Title IV assistance for courses that are required as part of the student’s certificate or degree program. A home school must offer some of the coursework applicable toward the student’s program, but, there is no minimum percentage of the student’s program that must be offered by the home school. If the home school does not offer any of the coursework itself, the school is not considered to be providing the program, and students enrolled in the program are not eligible for Title IV assistance. Elements of a consortium agreement A consortium agreement can be a blanket agreement between two or more eligible schools, or it can be written for a specific student. Such an agreement is often used when a student takes related courses at neighboring schools or when a student is enrolled in an exchange program with another eligible school for a term or more. The written A school could have • one agreement ensures that the student will receive payment from only one school in for each student; • a given payment periodseparate agreement with each host school; or • a blanket agreement with a group of schools. Consortium Agreement Cite 34 CFR 668.5 (previously 600.9 and 690.9) In a consortium agrement there agreement t here is no limit on the portion of the eligible program that may be provided by eligible schools other than the home school. Agreement contents can vary widely and will depend upon the interests of the schools involved and the accrediting or state agency standards. The Department does not dictate the format of the agreement (which can be executed by several different offices) or where the agreement is kept. However, the following information should be included in all agreements: • the school that will grant the degree or certificate; • the student’s tuition, fees, and room and board costs at each school; • the student’s enrollment status at each school; • the school that will be responsible for disbursing aid and monitoring student eligibility; and • the procedures for calculating awards, disbursing aid, monitoring satisfactory progress and other student eligibility requirements, keeping records, and distributing SFA FSA refunds. Usually, the home institution is responsible for disbursing funds, but if the student is enrolled for a full term or academic year at the host institution, it may be easier for the host institution to monitor the student’s eligibility and make payments. Arrangements Between Institutions CiteWhen there is a written arrangement between eligible institutions, any of the institutions participating in the written arrangement may make Title IV, HEA program calculations and disbursements without that institution being considered a third- party servicer. This is true even if the student is not taking courses at the institution that is calculating and disbursing the aid. The school that disburses an FSA award is responsible for maintaining information on the student’s eligibility, how the award was calculated, what money has been disbursed, and any other documentation associated with the award (even if some of that

Consortium Agreement. A consortium agreement can only exist between eligible schools. It can apply to all SFA FSA programs. Under such a written consortium agreement, students may take courses at a school other than the home institution (the school where the student expects to receive a degree or certificate) and have those courses count toward the degree or certificate at the home school. A student can only receive FSA assistance for courses that are applicable to the student’s certificate or degree program. Elements of a consortium agreement A consortium agreement can be a blanket agreement between two or more eligible schools, or it can be written for a specific student. Such an agreement is often used when a student takes related courses at neighboring schools or when a student is enrolled in an exchange program with another eligible school for a term or more. The written A school could have – • one agreement ensures that the student will receive payment from only one school in for each student; • a given payment periodseparate agreement with each host school; or • a blanket agreement with a group of schools. Consortium Agreement Cite 34 CFR 668.5 (previously 600.9 and 690.9) In a consortium agrement agreement there is no limit on the portion of the eligible program that may be provided by eligible schools other than the home school. Agreement contents can vary widely and will depend upon the interests of the schools involved and the accrediting or state agency standards. The Department does not dictate the format of the agreement (which can be executed by several different offices) or where the agreement is kept. However, the following information should be included in all agreements: • the school that will grant the degree or certificate; • the student’s tuition, fees, and room and board costs at each school; • the student’s enrollment status at each school; • the school that will be responsible for disbursing aid and monitoring student eligibility; and • the procedures for calculating awards, disbursing aid, monitoring satisfactory progress and other student eligibility requirements, keeping records, and distributing SFA FSA refunds. Usually, the home institution is responsible for disbursing funds, but if the student is enrolled for a full term or academic year at the host institution, it may be easier for the host institution to monitor the student’s eligibility and make payments. Arrangements Between Institutions CiteWhen there is a written arrangement between eligible institutions, any of the institutions participating in the written arrangement may make FSA calculations and disbursements without that institution being considered a third-party servicer. This is true even if the student is not taking courses at the institution that is calculating and disbursing the aid. The school that disburses an FSA award is responsible for maintaining information on the student’s eligibility, how the award was calculated, what money has been disbursed, and any other documentation associated with the award (even if some of that documentation comes from other schools). Moreover, the school paying the student must return FSA funds if required (for example, in refund / return or overpayment situations). For details on how agreements affect Federal Pell Grant calculations, see Volume 3 – Calculating Awards and Packaging.

Consortium Agreement. A consortium agreement can only exist between eligible schools. It can apply to all SFA FSA programs. Under such a written consortium agreement, students may take courses at a school other than the home institution (the school where the student expects to receive a degree or certificate) and have those courses count toward the degree or certificate at the home school. A student can only receive Title IV assistance for courses that are applicable to the student’s certificate or degree program. Elements of a consortium agreement A consortium agreement can be a blanket agreement between two or more eligible schools, or it can be written for a specific student. Such an agreement is often used when a student takes related courses at neighboring schools or when a student is enrolled in an exchange program with another eligible school for a term or more. The written A school could have • one agreement ensures that the student will receive payment from only one school in for each student; • a given payment periodseparate agreement with each host school; or • a blanket agreement with a group of schools. Consortium Agreement Cite 34 CFR 668.5 (previously 600.9 and 690.9) In a consortium agrement agreement there is no limit on the portion of the eligible program that may be provided by eligible schools other than the home school. Agreement contents can vary widely and will depend upon the interests of the schools involved and the accrediting or state agency standards. The Department does not dictate the format of the agreement (which can be executed by several different offices) or where the agreement is kept. However, the following information should be included in all agreements: • the school that will grant the degree or certificate; • the student’s tuition, fees, and room and board costs at each school; • the student’s enrollment status at each school; • the school that will be responsible for disbursing aid and monitoring student eligibility; and • the procedures for calculating awards, disbursing aid, monitoring satisfactory progress and other student eligibility requirements, keeping records, and distributing SFA FSA refunds. Usually, the home institution is responsible for disbursing funds, but if the student is enrolled for a full term or academic year at the host institution, it may be easier for the host institution to monitor the student’s eligibility and make payments. Arrangements Between Institutions CiteWhen there is a written arrangement between eligible institutions, any of the institutions participating in the written arrangement may make Title IV, HEA program calculations and disbursements without that institution being considered a third- party servicer. This is true even if the student is not taking courses at the institution that is calculating and disbursing the aid. The school that disburses an FSA award is responsible for maintaining information on the student’s eligibility, how the award was calculated, what money has been disbursed, and any other documentation associated with the award (even if some of that