Gainful Employment disclosure information is provided to current and prospective students in compliance with the Federal Gainful Employment regulations.
Federal regulations stipulate that all programs governed by these regulations must report:
- Occupational profiles.
- Costs of the program such as tuition, fees, books, and supplies.
- On-time graduation or completion rates.
- Job placement rates for students completing the program.
- Median loan debt, both Title IV or private, incurred by students.
In calculating placement rate for a student cohort, defined as a group of students who begin in the same academic program at the same time, AIC College of Design uses the ACCSC graduation and employment chart method.
The following terms are defined by ACCSC in order to clarify the method used in calculating the currently reported placement rate.
Glossary of Terms Used on the ACCSC Graduation and Employment Chart
When Calculating Employment (Placement) Rate
|1. Class Start Date: The month and year each student cohort started|
|2. Number Started: The number of students who started in the program for each start date in the period|
|3. Start: Students are considered to have been in attendance for reporting purposes (Start) if, as a result of their attendance, they incur a tuition/fee or other financial obligation as specified by the institution’s refund policy. Fees or other obligations (i.e., books, supplies, etc.) are only those associated with actual attendance; not those considered part of the application for admission or enrollment process. In any event, any student enrolled 15 days from the scheduled start date of the program must be classified as a “start” for the purpose of reporting students on the Graduation and Employment Chart.|
|4. Unavailable for Graduation: This category removes from the graduation rate calculation students who fall into one of the following classifications: death, incarceration, active military service deployment, or the onset of a medical condition that prevents continued enrollment.|
|5. Available for Graduation: The total number of student available for graduation from the program.|
|6. Withdrawn / Terminated Students: The number of students who withdrew or were terminated, within 150% of the program length, from the program. This number does not include the student classified as “Unavailable for Graduation.”|
|7. Graduates within 150% of Program Length: The number of students who graduated from the program within 150% of the stated program length.|
|8. GRADUATION RATE: The school’s official graduation rate for each cohort and for the program for the reporting period (usually July 1 – June 30 of the previous year).|
|9. Graduates – Further Education: The number of graduates that continue on with education in an accredited institution of higher education (postsecondary) on at least a half-time basis.|
|10. Graduates – Unavailable for Employment: This category removes from the graduation rate calculation graduates who fall into one of the following categories: death, incarceration, active military service deployment, the onset of a medical condition that prevents employment, or international students who have returned to their country of origin.|
|11. Available for Employment: The total number of students available for employment.|
|12. Graduates – Employed in Field: The number of graduates employed in jobs for which the program trained them.|
|13. EMPLOYMENT RATE: The school’s official rate of graduate job attainment for each cohort and for the program for the reporting period. The school’s official rate of employment is that which is used to determine compliance with accreditation requirements.|
|14. Graduates in Unrelated Occupations: The number of graduates employed in jobs not related to the training obtained from the school’s program.|
|15. Graduates Unemployed: The number of unemployed graduates.|
|16. Graduates Unknown: The number of graduates for which no information about employment or unemployment is available.|