Answers to Consumer Information Sample Test

All tests will include a combination of multiple-choice and scenario-based questions. The following examples are similar in structure and scope to the questions that will appear on the test for this topic.

1. An institution with __________ must keep a written, easily understood, daily crime log.

    • on-campus housing
    • gainful employment programs
    • campus-based program funding
    • CORRECT: a campus police or security department

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2. Each year, a school must distribute to all enrolled students a notice of the availability of the information it is required to provide in all of the following general categories, EXCEPT

    • FERPA information.
    • equity in athletics data.
    • CORRECT: foreign sources and gifts.
    • an annual security report and fire safety report.

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3. A school must disclose the following information about its gainful employment programs to prospective students using the format of the GE Disclosure Template, EXCEPT

    • CORRECT: average EFC for program completers.
    • median loan debt for program completers.
    • on-time graduation rate for program completers.
    • normal time to complete the program.

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4. By __________ of each year, a school must distribute its annual security report and fire safety reports to all enrolled students and current employees.

    • January 1
    • June 30
    • July 1
    • CORRECT: October 1

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5. Any institution that fails to comply with the consumer information requirements may be suspended or terminated from federal eligibility, and may be

    • required to have staff participate in specialized training from the U.S. Department of Education.
    • CORRECT: fined up to $27,500 for each violation.
    • prohibited from enrolling new students.
    • placed on cash monitoring or reimbursement.

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Publication Date: 2/15/2017

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