Consumer Information (ABA Required Disclosures)
The American Bar Association approved our Teach-Out Plan, please find the announcement below:
We were informed on April 2, 2021 that the U. S. Department of Education (“Department”) terminated the Title IV Student Loan eligibility of our Law School. For the first time in school history, the Department requested our equity investor to sign the Program Participation Agreement (“PPA”) between the Department and Florida Coastal. Our equity investor provided information to the Department showing that its fund contracts prohibited it from providing the signature requested. The Department was provided the relevant information to explain the situation and the legal limitations.
The equity investor relinquished its shares on April 5, 2021. We provided the Department with documentation of the divestiture on that day. Florida Coastal submitted an application for reinstatement in the Title IV program on April 7, 2021.
The ABA requires a school that has had its participation agreement terminated to submit a teach out plan for approval. We will be submitting a plan on May 7, 2021 that would include a time frame for all current students to complete their degrees, followed by closure of the school. During this time the school would continue to be accredited, thus allowing all graduates to be eligible to apply to sit for a bar examination. We are, however, very hopeful that participation in the loan program will be reinstated and the teach out becomes unnecessary.
Information on employment outcomes for the Class of 2020 may not reflect a particular law school’s typical results in this area. As a result of the COVID-19 pandemic, bar admission exams were canceled or delayed in many jurisdictions, thus making it more challenging for graduates to secure employment by the annual Graduate Employment Status Date of March 15. Please reference the 3 years of employment outcome data posted on the ABA Required Disclosures webpage of each ABA-Approved Law School or at www.abarequireddisclosures.org.
Job Placement Statistics
Like all ABA-accredited law schools, Florida Coastal School of Law is required to survey members of its most recent graduating class to ascertain their employment status. In April of each year, law schools report this employment data to the National Association of Law Placement (NALP), the nonprofit education association for law schools and legal employers and the American Bar Association (ABA). The data collected reflects the employment status of each law school’s graduates as of March 15. Law schools report the employment data of those that graduated between September 1 and August 31 — ten months after graduation.
In accordance with NALP and ABA guidelines, the number of employed graduates includes all employment positions, including legal and non-legal positions, permanent and temporary positions, full-time and part-time positions, and any positions funded by Florida School of Law.
OPEID: 03374300 Credential Level 07 = First Professional Degree CIP CODE: 22.0101