The Department took those suggestions, and will be providing institutions with greater regulatory flexibility to design and test new approaches to student financial aid designed to meet the need of these students through several new experiments that will:
Enable students to earn federal student aid based on how much they learn, rather than the amount of time they spend in class by providing federal aid to students enrolled in self-paced competency-based education programs.
Provide flexibility for an institution to provide a mix of direct assessment coursework and credit hour coursework in the same program.
Allow the use of federal student aid to pay for prior learning assessments, which can allow students—including returning adults or veterans—to decrease their time to get a degree.