In 1941 the Sacred Congregation of Seminaries and Universities of the Apostolic See designated the Dominican House of Studies an Ecclesiastical Faculty of Theology with authorization to confer ecclesiastical degrees. Presently operating under the provisions of the Apostolic Constitution Sapientia Christiana (1979), the House of Studies is authorized to grant the degrees Bachelor of Sacred Theology (S.T.B.), Licentiate in Sacred Theology (S.T.L.) and Doctor of Sacred Theology (S.T.D.).
In 1976 the House of Studies received civil accreditation from the Association of Theological Schools and the Middle States Commission on Higher Education in order to grant the civil degree of Master of Divinity (M.Div.); this accreditation was expanded in 1993 to include granting the civil degree of Master of Arts (M.A.).
The Commission on Accrediting of the Association of Theological Schools in the United States and Canada
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Today, the Pontifical Faculty of Theology of the Immaculate Conception, under the name of Dominican House of Studies, is fully accredited as an institute of higher education by the Catholic Church through the Congregation for Catholic Education. It is likewise authorized by the U.S. Department of Education under the Higher Education Act of 1965 to participate in Title IV Programs for federal financial aid (OPE ID available).
Effective February 22, 2013, the Association of Theological Schools (ATS) has extended the term of accreditation for the PFIC at the Dominican House of Studies through the Spring 2022 semester.