4000-01-U
DEPARTMENT OF EDUCATION
Financial Value Transparency and Gainful Employment:

List

of Approved Classification of Instructional Program (CIP)
Codes for Qualifying Graduate Programs
AGENCY:

Office of Postsecondary Education, Department of

Education.
ACTION:
SUMMARY:

Notice.
The Secretary announces the list of applicable

CIP codes for qualifying graduate programs that have an
extended earnings measurement period under the Financial
Value Transparency and Gainful Employment regulations.
DATES:

The list of CIP codes published in this notice

apply to the first three award years that the Secretary
calculates debt-to-earnings (D/E) rates and the earnings
premium (EP) measure under subpart Q of 34 CFR part 668.
This period is established under the regulatory definition
of Qualifying graduate program at § 668.2(b) as the
“initial period,” and includes the 2023-2024, 2024-2025,
and 2025-2026 award years.
FOR FURTHER INFORMATION CONTACT:
Joseph Massman, U.S. Department of Education.

Email:

joe.massman@ed.gov.
If you are deaf, hard of hearing, or have a speech
disability and wish to access telecommunications relay
services, please dial 7-1-1.

SUPPLEMENTARY INFORMATION:
On October 10, 2023, the U.S. Department of Education
(Department) published final regulations on Financial Value
Transparency (FVT) and Gainful Employment (GE), which
become effective July 1, 2024 (88 FR 70004).

These

regulations, in part, (1) Establish a transparency
framework to provide information about financial costs and
benefits to students at nearly all academic programs at
postsecondary institutions that are eligible to participate
in the student assistance programs authorized under title
IV of the Higher Education Act of 1965, as amended (HEA);
and (2) Establish an eligibility framework for
postsecondary educational programs designed to prepare
students for gainful employment in a recognized occupation.
Both the transparency and accountability frameworks rely
upon D/E rates and an EP measure, as established under §§
668.403 and 668.404 respectively, to assess debt and
earnings outcomes for postsecondary program graduates.
The calculation of these metrics is based, in part, on
the earnings of a cohort of graduates measured several
years after program completion.

The cohort period, as

defined under § 668.2(b), is the set of award years used to
identify a group of students who completed a program and
whose debt and earnings outcomes are used to calculate the
D/E rates and EP measure.

The specific years included in

the cohort period used in calculating D/E and EP metrics

for a given program depend, in part, upon whether the
program is a qualifying graduate program, as separately
defined under § 668.2(b) Qualifying graduate program.
In developing the regulations, the Department
recognized that certain graduate programs, mostly
concentrated in medical and clinical fields, are associated
with an initial period of depressed graduate earnings while
graduates complete a required period of postgraduate
clinical or residency work necessary to obtain a
professional licensure, after which graduates realize
significant earnings growth.

For purposes of calculating

the D/E rates and EP measure, the Department therefore
extends the earnings measurement period for such qualifying
graduate programs, when compared to other postsecondary
programs.

As an example, a two-year cohort period for most

programs would be the third and fourth award years prior to
the year of the most recent earnings data used in the
calculation.

In contrast, the two-year cohort period for a

qualifying graduate program would be the sixth and seventh
award years prior to the year of the earnings data, meaning
that income is measured three years farther out after
graduation for completers of such programs.

These cohorts

are used to measure earnings for both the standard and
transitional reporting options under the FVT/GE
regulations.

To be treated as a qualifying graduate program, a
program must meet three specific and rigorous criteria.
First, the program must be identified under the CIP code
list below as being potentially eligible to be considered a
qualified graduate program.

Second, the program must be

one whose students must complete a ”required postgraduation
training program” to obtain licensure, which is a
supervised training program that (1) requires the student
to hold a degree in one of the qualifying fields and (2)
must be completed before the student may be licensed by a
State and board certified for professional practice or
service.

Third, the institution must attest that at least

half of the program's graduates obtain licensure in a State
where the postgraduation training requirements apply, and
that, if necessary for licensure, the graduate program is
accredited by an accrediting agency that meets State
requirements.

For the first criterion, paragraph (1)(i)(A)

of the regulatory definition of a qualifying graduate
program at § 668.2(b) provides a generalized list of
occupations for qualifying graduate programs, which will
apply to the first three award years the Department
calculates the D/E rates and EP measure.

The qualifying

fields for this initial period include medicine,
osteopathy, dentistry, clinical psychology, marriage and
family counseling, clinical social work, and clinical
counseling.

The National Center for Education Statistics provides
a taxonomy of instructional program classifications and
descriptions, most recently updated in 2020, known as CIP
codes.

For purposes of the FVT and GE regulations,

specific programs offered by institutions are classified
using a six-digit CIP code.
Consistent with this regulatory definition, the
Secretary identifies the following graduate programs under
their respective CIP codes as being potentially eligible to
be considered a qualified graduate program, conditional on
meeting all other required criteria:
Medicine, Osteopathy, Dentistry
•

14.0501:

Biomedical/Medical Engineering

•

26.0101: Biology/Biological Services, General

•

26.0102: Biomedical Sciences, General

•

26.0202: Biochemistry

•

26.0204: Molecular Biology

•

26.0205: Molecular Biochemistry

•

26.0207: Structural Biology

•

26.0208: Photobiology

•

26.0209: Radiation Biology/Radiobiology

•

26.0210: Biochemistry/Biophysics and Molecular

Biology
•

26.0299: Biochemistry, Biophysics and Molecular

Biology, Other
•

26.0401: Cell/Cellular Biology and Histology

•

26.0403: Anatomy

•

26.0404: Developmental Biology and Embryology

•

26.0406: Cell/Cellular and Molecular Biology

•

26.0407: Cell Biology and Anatomy

•

26.0499: Cell/Cellular Biology and Anatomical

Sciences, Other
•

26.0502: Microbiology, General

•

26.0503: Medical Microbiology and Bacteriology

•

26.0504: Virology

•

26.0505: Parasitology

•

26.0506: Mycology

•

26.0507: Immunology

•

26.0508: Microbiology and Immunology

•

26.0599: Microbiological Sciences and Immunology,

Other
•

26.0801: Genetics, General

•

26.0802: Molecular Genetics

•

26.0806: Human/Medical Genetics

•

26.0807: Genome Sciences/Genomics

•

26.0899: Genetics, Other

•

26.0901: Physiology, General

•

26.0902: Molecular Physiology

•

26.0903: Cell Physiology

•

26.0904: Endocrinology

•

26.0905: Reproductive Biology

•

26.0907: Cardiovascular Science

•

26.0908: Exercise Physiology

•

26.0909: Vision Science/Physiological Optics

•

26.0910: Pathology/Experimental Pathology

•

26.0911: Oncology and Cancer Biology

•

26.0912: Aerospace Physiology and Medicine

•

26.0999: Physiology, Pathology, and Related

Sciences, Other
•

26.1001: Pharmacology

•

26.1002: Molecular Pharmacology

•

26.1003: Neuropharmacology

•

26.1004: Toxicology

•

26.1005: Molecular Toxicology

•

26.1006: Environmental Toxicology

•

26.1007: Pharmacology and Toxicology

•

26.1099: Pharmacology and Toxicology, Other

•

26.1101: Biometry/Biometrics

•

26.1102: Biostatistics

•

26.1103: Bioinformatics

•

26.1199: Biomathematics and Bioinformatics, Other

•

26.1201: Biotechnology

•

26.1306: Population Biology

•

26.1309: Epidemiology

•

26.1399: Ecology, Evolution, Systematics and

Population Biology, Other
•

26.1401: Molecular Medicine

•

26.1501: Neuroscience

•

26.1502: Neuroanatomy

•

26.1503: Neurobiology and Neurophysiology

•

26.1504: Neurobiology and Behavior

•

26.1599: Neurobiology and Neurosciences, Other

•

26.9999: Biological and Biomedical Sciences,

Other
•

30.1001: Biopsychology

•

30.1101: Gerontology

•

30.1901: Nutrition Sciences

•

51.0000: Health Services/Allied Health/Health

Sciences, General
•

51.0001: Health and Wellness, General

•

51.0101: Chiropractic (DC)

•

51.0201: Communication Disorders, General

•

51.0202: Audiology/Audiologist and Hearing

Services
•

51.0203: Speech-Language Pathology/Pathologist

•

51.0204: Audiology/Audiologist and Speech-

Language Pathology/Pathologist
•

51.0299: Communication Disorders Sciences and

Services, Other
•

51.0401: Dentistry (DDS, DMD)

•

51.0501: Dental Clinical Sciences, General (MS,

PhD)
•
PhD)

51.0502: Advanced General Dentistry (Cert, MS,

•

51.0503: Oral Biology and Oral Pathology (MS,

PhD)
•

51.0504: Dental Public Health and Education

(Cert., MS/MPH, PhD/DPH)
•

51.0505: Dental Materials (MS, PhD)

•

51.0506: Endodontics/Endodontology (Cert., MS,

PhD)
•

51.0507: Oral/Maxillofacial Surgery (Cert., MS,

PhD)
•

51.0508: Orthodontics/Orthodontology (Cert., MS,

PhD)
•

51.0509: Pediatric Dentistry/Pedodontics (Cert.,

MS, PhD)
•

51.0510: Periodontics/Periodontology (Cert., MS,

PhD)
•

51.0511: Prosthodontics/Prosthodontology (Cert.,

MS, PhD)
•

51.0599: Advanced/Graduate Dentistry and Oral

Sciences, Other
•

51.0912: Physician Assistant

•

51.1201: Medicine (MD)

•

51.1401: Medical Scientist (MS, PhD)

•

51.1701: Optometry (OD)

•

51.1901: Osteopathic Medicine/Osteopathy (DO)

•

51.2001: Pharmacy (PharmD [USA], PharmD or

BS/BPharm [Canada])

•

51.2002: Pharmacy Administration and Pharmacy

Policy and Regulatory Affairs (MS, PhD)
•

51.2004: Medicinal and Pharmaceutical Chemistry

(MS, PhD)
•

51.2008: Clinical, Hospital, and Managed Care

Pharmacy (MS, PhD)
•

51.2010: Pharmaceutical Sciences

•

51.2099: Pharmacy, Pharmaceutical Sciences, and

Administration, Other
•

51.2101: Podiatric Medicine/Podiatry (DPM)

•

51.2314: Rehabilitation Science

•

51.2399: Rehabilitation and Therapeutic

Professions, Other
•

51.3101: Dietetics/Dietician (RD)

•

51.3199: Dietetics and Clinical Nutrition

Services, Other
•

51.9999: Health Professions and Related Clinical

Sciences, Other
Clinical Psychology, Marriage and Family Counseling,
Clinical Social Work, Clinical Counseling
•

13.1101: Counselor Education/School Counseling

and Guidance Services
•

19.0701: Human Development and Family Studies,

General
•

19.0704: Family Systems

•

19.0707: Family and Community Services

•

19.0710: Developmental Services Worker

•

19.0799: Human Development, Family Studies, and

Related Services, Other
•

30.1001: Biopsychology

•

30.1701: Behavioral Sciences

•

30.2501: Cognitive Science

•

42.0101: Psychology, General

•

42.2701: Cognitive Psychology and

Psycholinguistics
•

42.2702: Comparative Psychology

•

42.2703: Developmental and Child Psychology

•

42.2704: Experimental Psychology

•

42.2705: Personality Psychology

•

42.2706: Physiological Psychology/Psychobiology

•

42.2707: Social Psychology

•

42.2708: Psychometrics and Quantitative

Psychology
•

42.2709: Psychopharmacology

•

42.2799: Research and Experimental Psychology,

Other
•

42.2801: Clinical Psychology

•

42.2802: Community Psychology

•

42.2803: Counseling Psychology

•

42.2804: Industrial and Organizational Psychology

•

42.2805: School Psychology

•

42.2806: Educational Psychology

•

42.2807: Clinical Child Psychology

•

42.2808: Environmental Psychology

•

42.2809: Geropsychology

•

42.2810: Health/Medical Psychology

•

42.2811: Family Psychology

•

42.2812: Forensic Psychology

•

42.2813: Applied Psychology

•

42.2814: Applied Behavior Analysis

•

42.2899: Clinical, Counseling and Applied

Psychology, Other
•

42.9999: Psychology, Other

•

44.0701: Social Work

•

44.0702: Youth Services/Administration

•

44.0799: Social Work, Other

•

51.1501: Substance Abuse/Addiction Counseling

•

51.1503: Clinical/Medical Social Work

•

51.1504: Community Health

Services/Liaison/Counseling
•

51.1505: Marriage and Family Therapy/Counseling

•

51.1506: Clinical Pastoral Counseling/Patient

Counseling
•

51.1507: Psychoanalysis and Psychotherapy

•

51.1508: Mental Health Counseling/Counselor

•

51.1509: Genetic Counseling/Counselor

•

51.1599: Mental and Social Health Sciences and

Allied Professions, Other

As further described in the regulatory definition of a
qualifying graduate program, the above list of eligible
professions applies only to the initial three award years
the Department calculates the D/E and EP metrics.
Following this initial period, and every three award years
thereafter, the Secretary will publish an updated list of
CIP codes that contains qualifying graduate programs,
identifying fields that lead to a graduate degree for which
graduates must complete postgraduate training programs
averaging at least three years to complete and for which
the Secretary determines that a majority of programs
demonstrate outlier earnings growth.
Accessible Format:

On request to the program contact

person listed under FOR FURTHER INFORMATION CONTACT,
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or other accessible format.
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Program Authority:

20 U.S.C. 1087 et seq.

Nasser Paydar,
Assistant Secretary for the Office of Postsecondary
Education.
[FR Doc. 2024-14217 Filed: 6/27/2024 8:45 am; Publication Date: 6/28/2024]