June 29, 2015
Federal Education Budget Limited by Spending CapsFederal Education Budget Limited by Spending Caps
Washington appropriators, working under budgetary spending caps, recently set markers for FY16 spending levels for federal higher education programs. Pell Grants would reach $5,915 and the National Institutes of Health's budget would grow, but other programs could see cuts under the proposed framework. Further negotiations are expected.

Lawmakers Ease 1098-T Penalty Enforcement

During the recent debate over controversial trade legislation, congressional negotiators removed a provision in the Trade Preferences Extension Act of 2015 that would have cut Medicare payments. Because of an outcry from Democrats over the Medicare offset, lawmakers replaced it with language that establishes a safe harbor from IRS penalty notices for missing taxpayer identification numbers and requires certain taxpayers claiming education tax benefits to possess a valid 1098-T.

In Lieu of Ratings, a New College Consumer Tool

Department of Education officials announced last week that they will shift their focus away from creating a ratings system and instead release "new, easy-to-use tools that will provide students with more data than ever before to compare college costs and outcomes." NACUBO will provide additional information when the project is unveiled later this summer.

Coming Soon: Deadline for Cash Management Comments

Thursday, July 2 is the last day to submit comments on the Department of Education's (ED) proposed revisions to its cash management rules. Colleges and universities that partner with banks or third-party servicers to offer accounts to students will be most affected. Read more about the proposed rules and send your feedback to ED.

EPA Announces Athletic Conferences With Most Green Power

Institutions in the Big Ten Conference collectively consumed the most green power during the 2014-15 academic year, results of the Environmental Protection Agency’s College and University Green Power Challenge show.

Register Now For the 2015 Treasury Concepts Workshop

Learn about treasury management in higher education this fall at the Treasury Concepts Workshop, offered by the Treasury Institute for Higher Education in partnership with NACUBO. The workshop will cover a wide range of topics, including investments, endowments, and debt management. The workshop will be held September 28-29 at the Crowne Plaza at Union Station in Indianapolis.

Prepare Now: July 16 Webcast on Crisis Management

A wide variety of crises can occur at any time on campus. Learn more about the types of issues common to crisis situations, special considerations for high profile topics, and how your institution can prepare. The July 16 webcast, In the Eye of the Storm: Crisis Management Response and Preparation, will bring campus counsel and communications experts together to identify common legal, operational, and public relations issues that arise during crises. The two-hour program is offered by the National Association of College and University Attorneys (NACUA) and sponsored by NACUBO, among other higher education organizations.


VIRTUAL: 2015 Annual Meeting

Available on Wednesday, August 5, 2015 9:00AM ET

Gain access to 20 recorded sessions from the NACUBO 2015 Annual Meeting from your home, office, or mobile device. Sessions will cover a variety of issues including strategic financial planning, risk management, sexual misconduct, legislative updates, and more! The best part is you can access the content for one low price - once one person on your campus registers at the full price, everyone else on your campus can register for free!


 

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