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ERIC Number: EJ943177
Record Type: Journal
Publication Date: 2011
Pages: 4
Abstractor: ERIC
Reference Count: N/A
ISSN: ISSN-1068-1027
Will Your Institution Pass the Financial-Responsibility Test?
Chabotar, Kent John
Trusteeship, v19 n4 p30-33 Jul-Aug 2011
Last August, the U.S. Department of Education disclosed that 149 nonprofit private colleges and universities had failed its "financial-responsibility test" for fiscal year 2008-2009. This article explains what the financial-responsibility test is and how it is used, explores what the implications might be for colleges and universities, and suggests how presidents and board members can deal most effectively with the test and public disclosure of a failing score. (Contains 1 table and 1 online resource.)
Association of Governing Boards of Universities and Colleges. 1133 20th Street NW Suite 300, Washington, DC 20036. Tel: 800-356-6317; Tel: 202-296-8400; Fax: 202-223-7053; Web site:
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: Administrators; Policymakers
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Laws, Policies, & Programs: Freedom of Information Act