Disclosures

For-profit schools may be required to provide student disclosures pursuant to Iowa Code Section 714.25. Disclosures must be accessible to students prior to the time a student is obligated for payment of any funds.

Important Disclosure Details

Disclosure Information

  • The current total cost of the postsecondary educational program as charged by the for-profit school.
  • An estimate of fees that may be charged to the student by others in order to obtain a recognized educational credential, including but not limited to fees for examination or licensure.
  • The percentage of students who successfully complete the postsecondary educational program, and the percentage who terminate prior to completing the postsecondary educational program^*.
  • If claims are made by the for-profit school as to successful placement of students in jobs upon completion of the for-profit school’s postsecondary educational programs, the for-profit school shall provide the student with all of the following^*:
    1. The percentage of graduating students who were placed in jobs in fields related to the postsecondary educational programs.
    2. The percentage of graduating students who went on to further education immediately upon graduation. The percentage of students who, ninety days after graduation, were without a job and had not gone on to further education.
    3. The method by which the for-profit school collected and verified the validity of data.
  • If claims are made by the for-profit school as to income levels of students who have graduated and are working in fields related to the for-profit school’s postsecondary educational programs, the for-profit school shall inform the student of the method used to derive such information^. 

^ Only required for schools renewing their Iowa postsecondary authorization.

*Schools should include the following information: 1) the applicable program name and the normal length of time required to complete the program; 2) the total number of students in the cohort for which data is reported and the year in which the students began the program; and 3) the percentage of students that met the conditions and the most recent ending date for program completion in each of the school’s programs.

Questions

Contact the Postsecondary Authorization Team.