Federal Requirement 4.7
Title IV Programs
14. The institution is in compliance with its program responsibilities under Title IV of the most recent Higher Education Act as amended.
Judgment of Compliance:
Narrative/Justification for Judgment of Compliance:
Florida Gateway College (FGC) is in compliance with its program responsibility under the Title IV of the most recent Higher Education Act as amended.
FGC is authorized by the United States Department of Education (USDOE) as an eligible institution to participate in student financial assistance programs authorized by Title IV of the Higher Education Act of 1965 , as amended. FGC is authorized under the Program Participation Agreement  which is approved by the USDOE through June, 30, 2015. FGC meets all audit and review standards in accordance with this agreement. FGC chooses to operate under the reimbursement payment method for Federal Pell Grant program.
Authorized financial aid programs include Federal Pell Grants, Federal Supplement Educational Opportunity Grant (FSEOG), Federal Work-Study Program awards, Direct Subsidized Stafford Loans, Direct Unsubsidized Stafford Loans and Federal Parent Loans for Undergraduate Student (PLUS) awards.
FGC awarded a total of $6,359,277.14 in financial assistance to approximately 2500 students during fiscal year 2013-2014. $5,387,785.82 was awarded for Title IV federal assistance and $971,591.32 was awarded in state awards, scholarships and other aid.
The Department of Education initially allocated $1,905,390.72  in advance funding for 2013-2014, for the Federal Pell Grant Program. The college requested additional Federal Pell Grant funds, once all of the initial advanced allocations were depleted. The college was not required to obtain a letter of credit in favor of the USDOE.
FGC also received funding for Federal Campus-based programs. During the 2013-2014 academic year, the USDOE allocated FGC $62,763.00 for the FSEOG and $74,979.00 for the Federal Work-Study program . The allocation is typically the total amount the college receives from USDOE for each academic year.
Institutions authorized to participate in federal financial aid programs under Title IV must submit the Fiscal Operations Report and Application to Participate (FISAP) . FGC submitted the FISAP by the October 1, 2014, deadline. The FISAP is a requirement of the Participation Agreement, General Terms and Conditions, Code of Federal Regulations Title 34 part 668.14, b(4) 
FGC systematically monitors its Federal Cohort Default Rate (FCDR). The FCDR is the percentage of the institution’s borrowers in a cohort who default before the end of the second fiscal year following the fiscal year in which the borrowers entered repayment. Cohort default rates are based on the federal fiscal year October 1 to September 30.
Colleges having a default rate 25% or greater for the three most recent years will lose Direct Loan and Pell eligibility for the fiscal year in which the school is notified of its sanctions and the following two fiscal years. FGC’s most recent official FCDR  is 15.8% for fiscal year 2011. This rate is lower than the college’s previous FCDR of 21.9%.
The college offers educational sessions and workshops throughout the year to reduce its FCDR. The Financial Aid office conducts Financial Aid Awareness month in February. Students can participate in interactive financial aid games and gather financial aid information available throughout the campus. Workshops  are held at area high schools.
FGC also disseminates financial aid and consumer information through the following sources:
- FGC Financial Aid Webpage 
- 2014-2015 FGC Student Handbook (Consumer Information) 
- 2014-2015 FGC Student Handbook (Financial Aid Information) 
- 2015-2016 FGC Catalog (Policies and Procedures Affecting Students, Student Records & Safety) 
- 2014-2015 FGC Student Handbook (Alcohol/Drug Policy) 
- 2014-2015 FGC Student Handbook (Crime Statistics/Security Policies) 
FGC has not received any adverse communications that will affect or jeopardize future Title IV participation. There are no litigation issues or complaints filed with the U.S. Department of Education regarding the college. There are no significant unpaid dollars due back to the U.S. Department of Education. At the end of the academic year, FGC is required to have a zero balance in Federal Pell Grant and direct loans with the Department of Education. The Common Origination and Disbursement school balance confirmation, for 2013-2014 academic year, has a closeout balance of zero for direct loans and Federal Pell Grants . The institution has not been required to post a letter of credit on behalf of the Department of Education or other financial regulatory agencies.
FGC’s Financial Aid Programs are audited annually by the State of Florida Auditor General’s Office. The most recent Compliance and Internal Controls over Financial Reporting and Federal Awards  for Fiscal Year ended June 30, 2014. This audit revealed no adverse nor non-compliance issues in the college’s administration of Title IV programs. FGC did not have any questioned costs and did not receive any recommendations for improvement. Eligibility and Certification of Approval
 Program Participation Agreement
 DOE Disbursement School Funding
 Campus Based Statement of Account Award
 Fiscal Operations Report and Application to Participate (FISAP)
 Participation Agreement, General Terms and Conditions, Code of Federal Regulations Title 34
 Federal Cohort Default Rate (FCDR)
 Financial Aid Workshops
 Financial Aid Webpages
 FGC Student Handbook (Consumer Information) 2014-2015
 FGC Student Handbook Financial Aid Information) 2014-2015
 FGC Catalog (Policies and Procedures Affecting Students Records & Safety) 2015-2016
 FGC Student Handbook (Alcohol Drug Policy) 2014-2015
 FGC Student Handbook (Crime Statistics & Security Policies) 2014-2015
 Common Origination and Disbursement School Balance Confirmation 2013-2014
 Compliance and Internal Controls over Financial Reporting and Federal Awards, FY Ending June 30, 2014