June 27, 2016
ED Proposes Substantial Expansion of Financial Responsibility IndicatorsED Proposes Substantial Expansion of Financial Responsibility Indicators
The proposed rule on borrower defense to repayment of federal student loans would amend the current system of determining if a college or university is considered to be financially responsible, establishing a number of new triggers requiring letters of credit and new reporting and disclosure requirements.

Supreme Court Hands Down Two Decisions with Higher Education Implications

The Supreme Court of the United States last week issued decisions on immigration issues that affect some students and their parents and an affirmative action case at the University of Texas at Austin.

NACUBO Objects to Annual SFA Audits

The Department of Education will not attempt to mandate Student Financial Assistance audits in FY16 for institutions that were not required to have such an audit under provisions of the Office of Management and Budget’s Uniform Administrative Requirements.

House Committee Approves Five Higher Education Bills

While lawmakers have yet to complete comprehensive reauthorization of the Higher Education Act (HEA), the House Committee on Education and the Workforce recently approved five higher education bills that reflect important elements of the HEA.

House GOP Offers Tax Reform Blueprint

House Speaker Paul Ryan and Ways and Means Committee Chairman Kevin Brady unveiled a House Republican blueprint for tax reform—with plans for legislative action in 2017. They call for a tax incentive to encourage charitable giving and simplification of tax benefits for higher education.

NACUBO Comments on Use of Autodialers

In a recent submission to the Federal Communications Commission, NACUBO argued that autodialers should be permitted to reach borrowers about their student loan repayment options.

New Resource on Student Receivables Now Available

The newest edition of Managing & Collecting Student Receivables is now available for purchase in the NACUBO online bookstore. Written by David R. Glezerman and Dennis DeSantis, the publication offers detailed guidelines on billing administration for student accounts, types of federal student loans and their requirements, how to collect educational debt, and more. Purchase your copy today.

Meet Us in Montréal

There's still time to register for the NACUBO 2016 Annual Meeting, July 16-19 in Montréal. This year's sessions will examine higher education economic models, campus diversity, student success, and much more. There's value in knowledge and networking! Don't miss out! #NACUBOAM

2016 Big Opportunities for Small Institutions

September 20-21, 2016
Philadelphia, PA

Join us for NACUBO's newest workshop, which will focus on the challenges faced by small private institutions. Open to CBOs and assistant vice president- and controller-level staff, sessions will cover how to effectively engage governing boards and campus leaders to realistically evaluate the full potential of their small colleges and universities.



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