Feds end student aid for business school
Published 9:31 am Wednesday, December 7, 2016
WOODBURY — The U.S. Department of Education said Globe University and the Minnesota School of Business will no longer be allowed to participate in federal student aid programs.
The department made the announcement Tuesday. The move could jeopardize the ability of the Woodbury-based for-profit schools to continue to operate.
The Education Department said the schools committed fraud by misrepresenting their criminal justice programs and the transferability of credits to other institutions.
Federal student aid will be shut off on Dec. 31. The schools have until Dec. 20 to dispute the department’s findings.
In a statement, the schools said their Minnesota criminal justice program was discontinued in 2014 and represented less than 4 percent of the student body.
A judge earlier ruled that the two schools fraudulently marketed and recruited students for their criminal justice program.