News

The Department of Education has released the latest round of Higher Education Emergency Relief Fund allocations and accompanying regulatory guidance for the largest infusion of funds yet. NACUBO’s comprehensive analysis of the 28-page document includes eligibility clarifications for emergency grants to students, new required uses for some of the funds, and more.

In this edition: ED releases a clearinghouse on campus reopening best practices, the FCC emergency broadband program is set to begin, and more.

NACUBO’s updated advisory, Best Practices for Student Financial Responsibility Agreements, includes model language for the agreements and addresses court decisions affecting the ability of an institution to recover costs associated with collections, among other topics of interest to business officers.

The AICPA Governmental Audit Quality Center released revised guidance for SEFA reporting in light of federal rule changes for certain pandemic relief aid, such as the Higher Education Emergency Relief Fund.

In this edition: The State Department updates guidance for international students for the next academic year, and R2T4 lump sum reporting page is now available, and more.

Since the program launched in 2016, many alumni have already advanced in their careers.

President Joe Biden has offered an ambitious new plan as a component of infrastructure building and pandemic recovery that includes free community college, an $80 billion infusion for the Pell Grant Program, and more.

In this edition: The Government Accountability Office shares allocation data on CARES grantsto students, ED releases maintenance of effort guidance, and more.

In this edition: ED announces additional HEERF funding for qualifying institutions, NACUBO joins a statement supporting voting rights, and more.

The new tutorial provides HEERF I, II, and III background and revenue recognition guidance under FASB and GASB standards.