This guide covers the law governing colleges, their students, and their federal funding. Part I sets out the triad of state authorization, accreditation, and federal eligibility, and how each gate fails. Part II covers accreditation standards, recognition, adverse actions, and programmatic accreditation. Part III covers Title IV participation, the program participation agreement, disclosure obligations, and financial responsibility. Part IV covers the student-institution contract, academic and disciplinary due process, and records. Part V covers transfer of credit, transcripts, and withholding. Part VI covers withdrawal, the return of funds calculation, and institutional balances. Part VII covers closure, teach-outs, discharge, and borrower defense. Part VIII covers enforcement, litigation, and institutional risk management.