|White House Sexual Assault Task Force Issues Recommendations|
Last week the White House Task Force to Protect Students from Sexual Assault released its first report with recommendations to help colleges and universities combat incidents of sexual assault on campus. Two days later the Department of Education named 55 higher education institutions that are under investigation over their handling of sexual assault complaints.
NACUBO Seeks Relief from 1098-T Penalties for 2012 and BeyondIn an effort to avoid another round of penalty notices to colleges and universities, NACUBO has asked the Internal Revenue Service to issue guidance that would waive penalties for colleges and universities that file Form 1098-T with incorrect or missing taxpayer identification numbers. The IRS previously announced that penalties for 2011 would be waived.
Negotiations on Program Integrity and Improvement Remain ContentiousDeep divisions remained on proposed changes to the U.S. Department of Education’s regulations on cash management and state authorization for distance education as the third round of meetings of the negotiating committee drew to a close in late April. A fourth and final session is scheduled for May 19- 20.
Hiring Projections Offer Cautious Optimism for Class of 2014A new survey released by the National Association of Colleges and Employers offers a relatively optimistic forecast for the hiring of this year’s college graduates. The Job Outlook 2014 Spring Update survey shows that employers plan to hire 8.6 percent more graduates from the class of 2014 than from last year’s class.
Higher Education Associations Call on Congress to Reauthorize TRIANACUBO joined the American Council on Education and eight other higher education associations in a letter to Congress urging the reauthorization of the Terrorism Risk Insurance Act, also known as TRIA, which expires later this year.
GASB Proposes Elevating Implementation GuideThe Governmental Accounting Standards Board (GASB) has issued an Exposure Draft, “The Hierarchy of Generally Accepted Accounting Principles for State and Local Governments,” that would reduce the Generally Accepted Accounting Principles hierarchy from four categories to two. The first category would be GASB’s accounting standards and the second would be Technical Bulletins, Implementation Guides and AICPA guidance cleared by the board.
Out-of-Pocket Net Price for College Still on the Rise NCES Report FindsA report from the National Center for Education Statistics finds that the “out of pocket” net price for undergraduates attending four-year public colleges and universities increased nearly 17 percent in inflation-adjusted dollars between 1999-2000 and 2011-12. At four-year private colleges and universities, the net price grew 8 percent. These increases occurred despite the fact that total financial aid dollars increased substantially during this time period.
EPA Honors Campus RainWorks Challenge Winners Kansas State University and University of Florida take top honors in national competition for innovative design of green infrastructure on campus.
Public Funding for Higher Education Declines 8 Percent from FY08 to FY13State and local government revenue used to support public colleges and universities declined 8 percent from $88.8 billion to $81.6 billion between FY08 to FY13, according to the newly released 2013 State Higher Education Finance (SHEF) annual report. When adjusted for inflation, state and local government appropriations for higher education per full-time equivalent student fell from $7,924 in FY08 to $6,105 in FY13.
VIRTUAL: Higher Education Accounting Forum
You and your team can access video-recorded sessions and materials from the 2014 Higher Education Accounting Forum through a virtual platform. The best part is, if you register at the full price everyone else on your campus can register for free! Five (5) CPEs will be granted to each participant who completes the schedule listed on the registration page.
Administrative IT Summit: Maximizing Value in a Time of Change
EDUCAUSE and NACUBO have collaborated to bring chief information officers and business officers together to discuss opportunities emerging for the next generation of administrative systems and services. The Administrative IT Summit will be held June 11-13 in Chicago.
Highlight Your Campus Sustainability Efforts
NACUBO's Sustainability Advisory Panel (SAP) is seeking posters that highlight unique issues or initiatives in energy efficiency, renewable energy and sustainability. Share your initiative and brag about financial savings, carbon reduction, community engagement, waste diversion, or enlightenment of your students, staff, and faculty. The posters will be displayed at the SAP Open House on Saturday, July 19, and throughout the remainder of the NACUBO Annual Meeting. Download this form for more information and to register your poster submission. Sign up by June 1 and receive a 15 percent discount off the advance rate for up to two presenters at Annual Meeting.
NACUBO 2014 Annual Meeting
Scaling New Heights
July 19-22, 2014
Treasury Concepts Workshop
September 29-30, 2014
Hilton Garden Inn | Portsmouth, NH