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The 269 institutions overseen by the Accrediting Council for Independent Colleges and Schools must find a new accreditor or risk losing financial aid. ACICS is a national accreditor that the Obama administration in December decided to terminate, in large part due to concerns about the agency's oversight of Corinthian Colleges and ITT Technical Institute. Colleges holding ACICS accreditation, most of which are for-profits, have 18 months to find a new accreditor, although ACICS has sued to block the decision and some wonder if the Trump administration might try to reverse it.
Virtually all ACICS institutions that are not closing are seeking a different accreditor, according to a new analysis by the Center for American Progress. The left-leaning group filed a public-records request with the U.S. Department of Education to see how that process has shaped up. So far, 52 institutions either are closing, have closed or have lost access to federal aid, the center found. Another seven may lose federal aid eligibility next month, while 11 already have found a new accreditor.
The 199 institutions with active applications to other agencies enroll a total of 339,000 students. Among this group, 134 colleges have applied to either the Accrediting Council for Continuing Education and Training or the Accrediting Commission for Career Schools and Colleges. The Accrediting Bureau of Health Education Schools is considering applications from 28 institutions, the center said, while 17 are seeking accreditation from regional agencies.
