Gainful Employment Disclosures
For a certificate program to be considered eligible for federal Title IV aid, the program must lead to gainful employment in a recognized occupation.
In accordance with Federal Regulatory Citations, institutions are required to provide the following information for each program that leads to gainful employment:
- • Standard Occupational Classification (SOC)
- • On-time graduation rates
- • Cost of the program to include books and fees
- • Placement rate for students completing the program
- • Median load debt incurred by students who have completed the program
If a program has less than ten graduates per year, the Median Loan Debt and the On-Time Graduation rates are not reported to the public due to privacy issues.
In order for a program to be considered part for gainful employment, the program must meet the following criteria:
- • Must be financial aid eligible
- • Technical program of at least one academic year in length
- • Must lead to a certificate or credentialed non-degree
- • Clock hour programs must be 600 hours or longer
- • College credit certificate programs must be 30 credit hours or less
For further information, please contact NCTC Financial Aid.