US Department of Education Update on Changes of Ownership

Due to heightened activity and interest in higher education mergers, acquisitions, consolidations, and closures, the United States Department of Education published Updated Guidance and Procedures for Changes in Ownership. While the new procedures can add steps and time to the process, they are reasonable considering the significance of these transactions and how they impact stakeholders, especially students.

One key to navigating through these processes? Allowing additional time for them to play out. Depending on the nature of the transaction, it could add a semester to a full academic year to work out the details. As always, do not wait until it’s too late for all merger processes, especially with these new guidelines.

Unsure what these guidelines and procedures mean for your institution? Contact HCS for a complimentary, confidential consultation with our seasoned team of higher education merger experts.