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As things move quickly in Washington, DC, NACUBO is your constant advocate in action. NACUBO On Your Side covers important legislative and agency activity NACUBO staff are tracking, what we’re currently advocating for, and how you can take action with us. 

Here are the issues we are tracking and advocating for this week.

Agency Action

New Guidance Issued for International Students
The Department of Homeland Security Student Exchange and Visitor Program (SEVP) has issued updated guidance FAQs for international students for the 2021-22 academic year. The guidance allows continuing international students to remain in the United States to engage in hybrid or distance programs. New international students will only be able to enter the United States to participate in hybrid or in-person programs and may not come to the U.S. to study if their courses are entirely online. The State Department has similarly announced that international students coming from areas currently under U.S. travel restrictions due to COVID-19, including Brazil, China, Iran, South Africa, Ireland, the United Kingdom, and Europe's Schengen Area, are eligible for exemptions from travel restrictions if enrolled in academic programs starting Aug. 1 or later. 

American Families Plan Holds Big Higher Ed Proposals
President Biden has unveiled a new proposal, the American Families Plan, which, among many ambitious proposals, would create new investments in higher education. 

R2T4 Lump Sum Reporting Page Now Available
On April 28, the Department of Education announced that schools can now report summary-level totals of Title IV funds that were not returned due to the CARES Act in the Common Origination and Disbursement system. The deadline for reporting funds not returned under ED’s R2T4 requirements due to CARES Act relief, for award years through 2020-21, is September 30, 2021.

Take Action

Moody’s Proposes Updated Rating Methodologies
Moody’s Investor Services recently published a request for comment (free registration required) on revisions to their methodology for rating higher education institutions. The proposals would change the higher education rating methodology published in May 2019 and the community college revenue-backed debt rating methodology published in June 2018. Comments are due to Moody’s by May 17, 2021. If you have concerns about the changes that you’d like to share with NACUBO, please email

Previous Edition

NACUBO On Your Side: April 20-26, 2021


Megan Schneider

Senior Director, Government Affairs


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