Statement of Accreditation Status
American College, The (of Financial Services)
- CEO: Mr. George Nichols III, President and CEO
- Accreditation Liaison Officer: Dr. Christina Dryden
- Commission Staff Liaison: Kristy Bishop, Vice President
- Carnegie Classification: Special Focus: Business » No research designation
- Control: Private (Non-Profit)
- Former Name(s): American College of Life Underwriters
- Phase: Accredited
- Status: Accreditation Reaffirmed
- Accreditation Granted: February 25, 1978
- Last Reaffirmation: June 22, 2023
- Next Self-Study Evaluation: 2029-2030
- November 24, 2025
Staff acted on behalf of the Commission to acknowledge receipt of the supplemental information report requested by the Commission action of June 6, 2025. The next evaluation visit is scheduled for 2029-2030. - June 6, 2025
Staff acted on behalf of the Commission to acknowledge receipt of the supplemental information report requested by the Commission action of January 16, 2025, providing information on key data indicators (enrollment - FTE) from the 2024 Annual Institutional Update in accordance with federal regulation 34 CFR 602.19 (c). To request a supplemental information report, due September 5, 2025, providing further evidence of the institution's enrollment management planning process that includes realistic enrollment projections and assumptions on which they are based to support sustainable financial viability (Standard VI). The next evaluation visit is scheduled for 2029-2030. - February 27, 2025
To acknowledge receipt of the substantive change request. To include alternative delivery method-correspondence education within the institution's scope of accreditation. To require immediate notification when the change is implemented by email to [email protected]. To note that the Commission may rescind this action if the requested substantive change is not implemented within one calendar year from the date of this action. The next evaluation visit is scheduled for 2029-2030. - January 16, 2025
Staff acted on behalf of the Commission to request a supplemental information report, due February 14, 2025, providing information on key data indicators (enrollment – FTE) from the 2024 Annual Institutional Update in accordance with federal regulation 34 CFR § 602.19 (c). The next evaluation visit is scheduled for 2029-2030. - June 27, 2024
To acknowledge receipt of the monitoring report. To note the follow-up team visit by the Commission's representatives to the main campus at 630 Allendale Road, Suite 400, King of Prussia, PA 19406. The next evaluation visit is scheduled for 2029-2030. - June 22, 2023
To acknowledge receipt of the teach-out plan. - June 22, 2023
To acknowledge receipt of the monitoring report. To note the follow-up visit by the Commission's representatives to the main campus at 630 Allendale Road, Suite 400, King of Prussia, PA 19406 on March 27-28, 2023. To note further that the verification visit required by USDE guidelines as noted in the action of November 17, 2022, has been completed. To reaffirm accreditation because the institution is now in compliance with Standard V (Educational Effectiveness Assessment), Standard VI (Planning, Resources, and Institutional Improvement), and former Requirements of Affiliation 8, 9, 10, and 11. To request a monitoring report, due January 16, 2024, demonstrating sustainability of implemented corrective measures and further evidence of (1) assessment of student learning and achievement to demonstrate that students have accomplished educational goals consistent with their programs of study (Standard V); (2) student learning programs that are characterized by coherence and appropriate assessment of student achievement throughout its educational offerings, at both institutional and program levels, with evidence that faculty and appropriate institutional stakeholders have considered and used assessment results to improve teaching and learning (Standard V); (3) sufficiency of resources to fulfill its mission and goals, to continuously assess and improve its programs and services, and to respond effectively to opportunities and challenges (Standard VI); and (4) clearly stated, aligned, and coherent institutional and unit objectives, with evidence of the implementation of a systematic, organized, and sustained assessment process demonstrating that institutional and unit stakeholders have considered and used assessment results in planning, budgeting, and the improvement of institutional and unit effectiveness (Standard VI). To direct a follow-up team visit following submission of the monitoring report. The next evaluation visit is scheduled for 2029-2030. - March 9, 2023
To note that the Commission Liaison Guidance Visit occurred on December 2, 2022. The next evaluation visit is scheduled for 2029-2030. - November 17, 2022
To acknowledge receipt of the self-study report. To note that the institution hosted a virtual site visit in lieu of an on-site visit in accordance with the United States Department of Education (USDE) guidelines published March 17, 2020. To place the institution on probation and note that the institution's accreditation is in jeopardy because of insufficient evidence that the institution is currently in compliance with Standard V (Educational Effectiveness Assessment), Standard VI (Planning, Resources and Institutional Improvement), and Requirements of Affiliation 8, 9, 10, and 11. To note that the institution remains accredited while on probation. To note further that federal regulations limit the period during which an institution may be in non-compliance. To request a monitoring report due March 1, 2023, demonstrating evidence that the institution has achieved and can sustain ongoing compliance with Standards V and VI, and Requirements of Affiliation 8, 9, 10, and 11 including but not limited to (1) assessment of student learning and achievement to demonstrate that students have accomplished educational goals consistent with their programs of study (Standard V and Requirement of Affiliation 8); (2) its student learning programs are characterized by coherence and appropriate assessment of student achievement throughout its educational offerings, at both institutional and program levels, with evidence that faculty and appropriate institutional stakeholders have considered and used assessment results to improve teaching and learning (Standard V and Requirement of Affiliation 9); (3) sufficiency of resources to fulfill its mission and goals, to continuously assess and improve its programs and services, and to respond effectively to opportunities and challenges (Standard VI and Requirement of Affiliation 11); and (4) clearly-stated, aligned, and coherent institutional and unit objectives, with evidence of the implementation of a systematic, organized, and sustained assessment process demonstrating that institutional and unit stakeholders have considered and used assessment results in planning, budgeting, and the improvement of institutional and unit effectiveness (Standard VI and Requirement of Affiliation 10). To request that the monitoring report also include further evidence of an administration of an appropriate size and with relevant experience to assist the Chief Executive Officer in fulfilling his/her roles and responsibilities (Standard VII). To require that the institution complete and submit for approval, by March 1, 2023, a comprehensive, implementable teach-out plan (Teach-Out Plans and Agreements Policy and Procedures). In accordance with Commission policy and federal regulations, the teach-out plan must provide for the equitable treatment of students to complete their education, if the Commission were to withdraw accreditation, and include any teach-out agreements that the institution has entered into or intends to enter into with another institution. To direct a follow-up team visit following submission of the monitoring report. To note the visit may also fulfill the verification requirements of the USDE guidelines. To direct a prompt Commission liaison guidance visit to discuss the Commission's expectations. Upon reaffirmation of accreditation, the next evaluation visit is scheduled for 2029-2030. - March 5, 2020
To note the substantive change site visit occurred on November 19, 2019, to the main campus at 630 Allendale Rd, King of Prussia, PA 19406 and the information provided in the substantive change request was verified. The next evaluation visit is scheduled for 2021-2022. - Distance Education
Approved to offer programs by this delivery method - Correspondence Education
Approved to offer programs by this delivery method - Postsecondary award (< 1 year) Included within the scope
- Post-baccalaureate Certificate Included within the scope
- Master's Degree or Equivalent Included within the scope
- Doctor's Degree- Research/Scholarship Included within the scope to offer ONE program
- Main Campus
American College, The (of Financial Services)
630 Allendale Road
King of Prussia, PA 19406
Opened: 05/22/2019
Approved Credential Levels
The following represents credential levels included in the scope of the institution’s accreditation:
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