A settlement has been reached to resolve False Claims Act allegations against Bard College.
United States Attorney Benjamin B. Wagner announced yesterday, Bard College has agreed to pay $4 million to resolve allegations that it violated the False Claims Act in relation with a federal grant and with regard to the receipt and disbursement of Title IV federal student aid funds.
According to Department of Justice, the settlement also resolves allegations that Bard College awarded, disbursed, and received Title IV student loan funds at campus locations before such locations were accredited or before providing notice of such locations to the Department of Education, in violation of applicable regulations and Bard’s Title IV Program Participation Agreements with the Department of Education.
These allegations were brought forward by two former students of Brad College.
