February 22, 2016
Final Obama Budget Request Sent to Capitol HillFinal Obama Budget Request Sent to Capitol Hill
In sending his FY17 budget request to Congress, President Obama reaffirmed his commitment to making the United States the best-educated nation in the world, while asking institutions to do more for low-income students—and to be held more accountable. The annual budget blueprint also includes myriad tax proposals that would impact students, donors, and institutions.

ED Publishes Guidance on Perkins Extension

In a "Dear Colleague Letter," the Department of Education provides information on the extension of the Perkins Loan Program, allowing institutions to continue lending while Congress deliberates the program's long-term fate during Higher Education Act reauthorization discussions.

IRS Issues Transitional Relief for Graduate Student Health Coverage

Colleges and universities that subsidize graduate student health insurance through Student Health Insurance Plans (SHIP) have additional time to sort out whether they are in violation of the Affordable Care Act, according to a recent IRS Notice.

FASB Proposes Changes to Fair Value Disclosures

All independent institutions would have new disclosures under FASB’s fair value proposal.

ED Forms Student Aid Enforcement Unit

A new division in the Department of Education will respond to various complaints about institutions across the higher education sector.

IRS Updates Bonds Compliance Guide

Last month, the IRS released an updated version of Publication 4077, Tax-Exempt Bonds for 501(c)(3) Charitable Organizations. In addition to defining qualified 501(c)(3) bonds, the guide explains reporting requirements, private business use tests, and treatment of management and service contracts, and offers tips and resources for post-issuance compliance.

Sustainable Energy Factbook Released

The 2016 report highlights cost savings, economic growth, and carbon reductions.

New, Convenient Way to Send Us Your Financial Statements

It's that time of year again! NACUBO is collecting FY15 audited financial statements for our popular members-only tool—and, for the first time, members can upload their documents directly to our website. Your information will only be shared among NACUBO's member institutions. Please upload your financial statements today.

NACUBO Live! Student Financial Services Conference

Monday, March 14, 2016

Join us for a live broadcast from the 2016 Student Financial Services Conference in Memphis. You'll get access to four sessions, during which you will hear directly from panelists in real-time, earn CPE credits, and ask questions. You also will have access to on-demand recordings.

This session is complimentary to attendees of the 2016 Student Financial Services Conference.

2016 CAO and CBO Collaborations

August 1-2, 2016
Washington, DC

The relationship between chief academic officers and chief business officers is more important than ever. Learn how to strengthen your partnerships at this action-based workshop, offered by NACUBO and the American Council on Education.



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