http://www.benefits.va.gov/gibill/news.asp
First, VA is actively monitoring this situation and continues to work with ED to assess any further developments regarding ITT and any associated impact on our delivery of GI Bill benefits.
Next, we notified current ITT students directly, and reached out to prospective students by placing a caution flag for the affected institution on the GI Bill Comparison Tool. If a prospective student searches for “ITT” today he or she will notice a caution flag for Heightened Cash Monitoring and more. These caution flags are intended to alert potential students of a school’s status and encourage them to carefully consider the school’s status before enrolling in its education program. Technically, a caution flag means VA or other federal agencies like ED or the Department of Defense have applied increased regulatory or legal scrutiny or additional requirements to an education program.