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June 05, 2020

Congress Adds Flexibility to Paycheck Protection Program →

Recently enacted modifications to the Paycheck Protection Program give small businesses and nonprofits including some private colleges and universities more flexibility and time to use the loan proceeds while preserving loan forgiveness.

May 26, 2020

ED Issues Update on Title-IV Eligibility for CARES Act Funds, And Other Coronavirus-Related Guidance →

The Department of Education has announced that it will not enforce its requirement that students must be Title IV-eligible to receive CARES Act grants, although ED stated that it still expects recipients to be eligible for Title IV. ED also published guidance expanding regulatory flexibilities, and its Office for Civil Rights issued a Q&A reminding schools of their responsibility to comply with Title IX rules and disability laws.

May 18, 2020

What Did I Miss in Washington? May 6-18, 2020 →

In this edition: A new COVID-19 relief bill has passed in the House but isn’t expected to pass in the Senate, the IRS clarifies an international student grant aid question, and more.

May 14, 2020

GASB Issues New Guidance In Light of COVID-19 →

In response to the pandemic, the Governmental Accounting Standards Board has issued a new statement that extends implementation for most major standards by one year. Recently issued Implementation Guide 2020-1 reinforces delayed effectives dates and provides updated guidance.