8VAC40-31-200. Audit requirements.
A. All certified postsecondary schools shall be subject to random periodic audits. The purpose of such audit shall be to verify compliance with § 23-276 of the Code of Virginia and the provisions outlined in this chapter.
B. At the discretion of council staff, an audit review committee shall consist of the executive director or designee and may:
1. Include individuals with the experience in the disciplines in which the school provides instruction; and/or
2. Consist of council staff.
C. Audits shall be random or triggered by, but not limited to, the following events:
1. Council staff concerns based on questionable information in the initial or recertification application.
2. Greater than average volume and frequency of negative student complaints or adverse publicity.
3. Difficulty securing accreditation within the specified time period.
4. Adverse action by the USDOE or the school's accrediting agency.
5. A USDOE composite financial responsibility score of less than 1.0.
D. Following an audit of the school, council staff shall prepare a report with recommendations for review by the council. If a school is found noncompliant, the council may:
1. Determine no action is necessary and have the report filed;
2. Change the status to conditional certification and require remedial action(s) within a specified timeframe;
3. Initiate suspension or revocation of the school's certificate to operate.
Statutory Authority
§ 23-276.3 of the Code of Virginia.
Historical Notes
Derived from Virginia Register Volume 22, Issue 23, eff. August 24, 2006; amended, Virginia Register Volume 30, Issue 8, eff. February 3, 2014.