Institutions On Show Cause
In accordance with its procedure for Notification and Information Sharing (Section D(3), Procedures, DEAC Accreditation Handbook) and 34 Code of Federal Regulations Â§602.26(b)(1), the DEAC Accrediting Commission will provide written notice to the U.S. Secretary of Education, the appropriate state licensing or authorizing agencies, and the appropriate accrediting agencies, at the same time it notifies the institution of the show cause directive decision, but no later than 30 days after the Commission makes a decision to place an institution on Show Cause.
The Distance Education Accrediting Commission (DEAC or the Commission) met on June 26, 2015 and took action to direct the following institution to show cause as to why its accreditation should not be withdrawn.
Ellis University (formerly John Hancock University)
Two Mid America Plaza, Suite 824AB
Oakbrook Terrace, IL 60181
The accreditation standards that are the subject of the Show Cause Order are the following:
Standard IX.A. Financial Practices, DEAC Accreditation Handbook
The institution shows, by complete, comparative financial statements covering its two most recent fiscal years, that it is financially responsible and that it can meet its financial obligations to provide quality instruction and service to its students. (Financial statements must be audited or reviewed and prepared â€œin conformity with generally accepted accounting principles.â€) The institution has budgeting processes that demonstrate the current and future budgets are sufficient to allow the institution to accomplish its mission and goals.
Standard IX.C. Financial Sustainability and Stability, DEAC Accreditation Handbook
The institution can demonstrate that it maintains adequate administrative staff and other resources to operate effectively as a going concern and is not exposed to undue or insurmountable risk. Any risk that exists is adequately monitored, manageable, and insured.