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ED/OPE RIN: 1840-AD03 Publication ID: Fall 2010 
Title: Foreign Institutions—Federal Student Aid Programs 
Abstract: The Secretary amends the Department's regulations governing foreign school participation in the title IV, HEA student financial aid programs. Among the issues addressed by these regulations are: The use of United States Generally Accepted Accounting Principles (U.S. GAAP) financial statements by these schools; compliance audits; the definition of a foreign school; non-profit status for foreign schools; public foreign schools and financial responsibility; consolidation of select title IV requirements on a countrywide basis; non-degree programs; new eligibility criteria for foreign medical schools; clinical sites of foreign medical and veterinary schools in other countries; basic science locations of foreign medical, veterinary, and nursing schools in other countries; eligibility requirements for foreign veterinary schools; eligibility requirements for foreign nursing schools; and a foreign medical or veterinary school certified separately from a larger school. 
Agency: Department of Education(ED)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 34 CFR 600    34 CFR 668   
Legal Authority: 20 USC 1001    20 USC 1002    20 USC 1003    20 USC 1070g    20 USC 1085    20 USC 1088    20 USC 1091    20 USC 1092    20 USC 1094    20 USC 1099b    20 USC 1099c    20 USC 1099c-1   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/20/2010  75 FR 42190   
NPRM Comment Period End  08/19/2010    
Final Action  11/01/2010  75 FR 67170   
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
Public Comment URL: www.regulations.gov  
RIN Data Printed in the FR: No 
Agency Contact:
Gail McLarnon
Department of Education
Office of Postsecondary Education
Room 8062, Room 8026, 1990 K Street NW.,
Washington, DC 20006
Phone:202 219-7048
Email: gail.mclarnon@ed.gov