Which agency requires accurately recorded attendance records for licensure and financial disbursement?

The U.S. Department of Education requires that educational institutions maintain accurately recorded attendance records to ensure compliance with federal regulations. Such records are critical for various reasons, including determining a student's eligibility for federal financial aid programs and ensuring that institutions meet the necessary standards for licensure and accreditation. The accurate tracking of attendance helps to validate that students are participating in their programs as required and that funds disbursed for financial aid purposes align with the actual enrollment status of students. This information is essential for both accountability and the integrity of federal funding systems, making it a fundamental requirement for institutions seeking federal assistance.