<p>It is interesting how the Triad entities work together to rgulate schools and their compliance to standards</p> <ol> <li><strong>1.&nbsp;&nbsp; </strong>The state board provides authorization for a school to operate.&nbsp;</li> <li><strong>2.&nbsp;&nbsp; </strong>For the US Department of Education to approve federal financial aid for the school&rsquo;s students, the institution must be Title IV eligible.</li> <li><strong>3.&nbsp;&nbsp; </strong>Title IV schools must be accredited by an accrediting body recognized by the Department.</li> </ol> <p>&nbsp;</p>