[S-SARA] FW: Current Federal Financial Responsibility Composite Score

Lee, Angela (OSSE) angela.lee at dc.gov
Wed Aug 4 09:15:08 CDT 2021


Hi Adam,
We came across the same issue in DC. We asked the school to provide a current score because as we all know the scores on the USDOE site are already 2 years old when they are published. Anything published in 2018 probably reflects the schools financial position in/around 2016.  In my opinion a lot of changes can occur in a 5 year span of time, and I’d rather be safe than sorry.

Angela

Angela H. Lee
Executive Director
Higher Education Licensure Commission<https://helc.osse.dc.gov/>

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On Aug 4, 2021, at 9:45 AM, Adam Hawk <adamh at gnpec.ga.gov> wrote:


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Good morning everyone,

I have a SARA member institution that is not listed on the latest Composite Score spreadsheet (2018-2019). They have reached out to the ED to see why this is the case, but they are set to submit their renewal soon. The NC-SARA Manual states to use the most recent Composite Score by the ED, so I think it would be an option to use the 2017-2018 score since it is the most recent.

Has anyone come across this issue and do you think it would be appropriate to use the 2017-2018 score since the new one is not posted?

I appreciate being able to reach out to this group. Any thoughts would be helpful.

Thank you,

Adam M. Hawk | Division Director/GA-SARA Coordinator
Georgia Nonpublic Postsecondary Education Commission (GNPEC)
2082 East Exchange Place, Suite 220
Tucker, Georgia 30084
770.414.3310 | www.gnpec.georgia.gov<http://www.gnpec.georgia.gov/>



From: Rollin Guyden <GuydenR at CTSnet.edu>
Sent: Thursday, July 22, 2021 10:43 AM
To: Adam Hawk <adamh at gnpec.ga.gov>
Cc: Love Sechrest <SechrestL at CTSnet.edu>; Marty Sadler <SadlerM at ctsnet.edu>; GA Sara <gasara at gnpec.ga.gov>
Subject: Current Federal Financial Responsibility Composite Score
Importance: High

Mr. Hawk,

Columbia Theological Seminary used the data from the Studentaid.gov 2017-2018 composite score
report, located at: https://studentaid.gov/data-center/school/composite-scores , because, for reasons
we have yet to get an answer why Columbia Theological Seminary is not listed in the 2018-2019 report.
I am also attaching the last ten years of Columbia Theological Seminary’s Composite Financial Indicators
to show our financial solvency.

Comparing the data on the attached financial indicators with the last five years (2013 – 2017) of
composite scores posted by the US Department of Education, our 2018 data would also rate a 3.0
composite score.

We are trying to determine why Columbia Theological Seminary is not listed in the 2018 report since we
submitted our financial data to EZAudit. So far, no one at Studentaid.gov has explained why our data is
missing from the most current report or been able to send us documentation on our 2018 Federal
Financial Responsibility Composite Score.

I am hoping that the attached financial data and the preceding years of the solid financial health of our
institution will be enough to allow or renewal to take place.

Rollin Guyden
Director of Instructional Design & Technology
701 S. Columbia Drive
Decatur, GA 30031
t: 404-687-4560
e: GuydenR at ctsnet.edu<mailto:GuydenR at ctsnet.edu>

<http://www.ctsnet.edu/index>
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<https://www.facebook.com/CTSeminary/>
<image002.jpg>
    <https://twitter.com/CTSeminary>
<image003.jpg>
    <https://www.instagram.com/ctseminary/>
<image004.jpg>
    <https://www.linkedin.com/edu/school?id=34592>
<image005.jpg>



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<Composit Score Memo.pdf>
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