October 2, 2017
GOP Tax Plan Has Few Details But Portends Major Changes for Higher EducationGOP Tax Plan Has Few Details But Portends Major Changes for Higher Education
Republican leaders released a framework for comprehensive tax reform last week. Despite silence on a number of higher education issues and an uncertain outlook for passage, NACUBO urges campus business officers to prepare presidents, trustees, and other campus leaders for what may lie ahead.

New Tools for NACUBO Members to Communicate the Value of Higher Education

Faced with a changing media landscape and increasing skepticism over the value of a college degree, it’s more important now than ever before for business officers to communicate facts about the payoff of going to college. NACUBO has debuted the Value of Higher Education initiative to help. The online toolkit includes individual and institutional success stories, social media-friendly infographics, and a PowerPoint presentation NACUBO members can customize—all of which can be used to help in your vital communications efforts.

NACUBO Submits Comments to ED on Regulatory Burden

In response to a request for input from the Department of Education’s Regulatory Reform Task Force, NACUBO identified rules impacting the business office that ED should repeal, replace, or modify.

Higher Education Community Offers Comments on Overtime Rule

A group of associations including NACUBO recently urged the Department of Labor to increase the salary threshold, among other recommendations.

GAO Recommends Updating of ED’s Composite Score

The Department of Education’s failure to update its key financial measure makes it harder for it to identify and manage schools at risk of failure, according to a new report from the U.S. Government Accountability Office.

ED Issues Interim Guidance on Campus Sexual Assault

There are several notable changes in the interim guidance, published by the Department of Education ahead of a rulemaking process to establish new campus sexual assault regulations.

Comment Deadline Approaching for FASB Proposal on Grants and Contributions

The Financial Accounting Standards Board is seeking comments by November 1 for the proposed Accounting Standards Update, "Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made."

DACA Renewal Deadline Is October 5

President Donald Trump formally announced the end of the Deferred Action for Childhood Arrivals (DACA) program on September 5. However, students whose DACA status expires between now and March 5, 2018, may apply for one additional two-year renewal. These students must apply by October 5. Students whose DACA status expires on or after March 5, 2018, will not be permitted any additional renewals. Additional information is available here.


2017 Global Operations Forum

October 24-25, 2017
Portland, OR

Join us for this annual workshop to examine international operations run by colleges and universities. It will focus on management and business support for programs operating overseas as well as compliance with both U.S. and foreign regulations. Registrants who also attend the 2017 Tax Forum, held immediately prior to this program in Portland, will receive a discount. Register today!


 

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