2015 November 4 - 02:50 pm
Education Dept. Cites Lax Financial Controls at For-Profit School
ITT has not produced proper and timely accounting for the federal grants and loans it distributes to students since at least 2009, the Education Department said in a letter sent to ITT. As a result, the letter said, ITT will now be allowed to pay out federal education funds to students only after they have attended classes and.