The Department of Education is officially terminating federal recognition of the Accrediting Council for Independent Colleges and Schools after Deputy Secretary of Education Cindy Marten issued a final decision Friday.
The department will provisionally certify the 27 for-profit colleges currently accredited by ACICS to continue to receive federal funding. However, the colleges must find another accreditor within 18 months, or their funding will be revoked. These colleges will also be prohibited from enrolling new students until they find a new accreditor unless a student can finish their program within the 18-month period.
