Annual Submission of Financial Statements and Compliance Audits, 2012-13
The Annual Submission of Financial Statements and Compliance Audits, 2012-13 (ASFS 2012-13), is a study that is part of the Annual Submission of Financial Statements and Compliance Audits program. ASFS 2012-13 is a cross-sectional survey that collects data from postsecondary institutions in the form of annual audited financial statements. The study was conducted using a web-based data collection system where postsecondary institutions submitted information. The universe of postsecondary schools was sampled. The study's response rate was 100 percent. Key statistics produced from ASFS 2012-13 are on the disbursement of Title IV funding, compliance to federal regulations regarding Title IV funding, and overall financial health of institutions.
Complete Metadata
| @type | dcat:Dataset |
|---|---|
| accessLevel | public |
| bureauCode |
[
"018:45"
]
|
| contactPoint |
{
"fn": "Ti Baker",
"@type": "vcard:Contact",
"hasEmail": "mailto:ti.baker@ed.gov"
}
|
| dataQuality |
true
|
| description | The Annual Submission of Financial Statements and Compliance Audits, 2012-13 (ASFS 2012-13), is a study that is part of the Annual Submission of Financial Statements and Compliance Audits program. ASFS 2012-13 is a cross-sectional survey that collects data from postsecondary institutions in the form of annual audited financial statements. The study was conducted using a web-based data collection system where postsecondary institutions submitted information. The universe of postsecondary schools was sampled. The study's response rate was 100 percent. Key statistics produced from ASFS 2012-13 are on the disbursement of Title IV funding, compliance to federal regulations regarding Title IV funding, and overall financial health of institutions. |
| distribution |
[
{
"@type": "dcat:Distribution",
"title": "Proprietary School 90/10 Revenue Percentages",
"mediaType": "text/plain",
"description": "Section 487(d)(4) of the Higher Education Act of 1965 (HEA), as amended, requires the Secretary to annually submit a report to Congress containing information regarding the amount and percentage of each proprietary institution's revenues from Title IV sources and non-Title IV sources as provided by the institution in its audited financial statements. The reports are sent to the Chairmen and Ranking Members of the corresponding House and Senate authorizing committees. Below, you can access the 90/10 transmittal letters, summary charts and reports for institutions with fiscal years ending in the corresponding award year.",
"downloadURL": "https://studentaid.gov/data-center/school/proprietary"
},
{
"@type": "dcat:Distribution",
"title": "Financial Responsibility Composite Scores",
"mediaType": "text/plain",
"description": "Section 498(c) of the Higher Education Act of 1965, as amended, requires for-profit and non-profit institutions to annually submit audited financial statements to the Department to demonstrate they are maintaining the standards of financial responsibility necessary to participate in the Title IV programs. One of many standards, which the Department utilizes to gauge the financial responsibility of an institution, is a composite of three ratios derived from an institution's audited financial statements. The three ratios are a primary reserve ratio, an equity ratio, and a net income ratio. These ratios gauge the fundamental elements of the financial health of an institution, not the educational quality of an institution.",
"downloadURL": "https://studentaid.gov/data-center/school/composite-scores"
}
]
|
| identifier | 1ee4e5b0-c200-490a-b533-61d8c241bd32 |
| issued | 2014-07-22 |
| keyword |
[
"5474ef49-ba39-40d2-8f39-47bf2a766902",
"compliance-audits",
"ez-audit",
"federal-student-aid",
"finances",
"financial-statements",
"for-profit",
"fsa",
"grants",
"hea",
"higher-education-act",
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"proprietary",
"proprietary-school-90-10-revenue-percentages",
"proprietary-school-9010-revenue-percentages",
"public",
"school-participation-division",
"title-iv"
]
|
| language |
[
"en-US"
]
|
| license | https://creativecommons.org/publicdomain/zero/1.0/ |
| modified | 2023-07-19T18:39:02.715693 |
| programCode |
[
"018:000"
]
|
| publisher |
{
"name": "Office of Federal Student Aid (FSA)",
"@type": "org:Organization",
"subOrganizationOf": {
"name": "Office of the Under Secretary (OUS)",
"@type": "org:Organization",
"subOrganizationOf": {
"name": "Office of the Secretary (OS)",
"@type": "org:Organization",
"subOrganizationOf": {
"name": "U.S. Department of Education",
"@type": "org:Organization",
"subOrganizationOf": {
"name": "U.S. Government",
"@type": "org:Organization"
}
}
}
}
}
|
| spatial | United States |
| temporal | 2013/P1Y |
| title | Annual Submission of Financial Statements and Compliance Audits, 2012-13 |
