September 19, 2016
NACUBO Op-Ed: ED Proposal Could Jeopardize Nonprofit InstitutionsNACUBO Op-Ed: ED Proposal Could Jeopardize Nonprofit Institutions
In an op-ed published Friday, September 16, in the Capitol Hill newspaper The Hill, NACUBO President and CEO John Walda argues that the Department of Education should rewrite the financial responsibility rules within its proposed regulations on borrower defense.

GASB Proposals Would Expand Conditions for Debt Defeasance

A GASB Exposure Draft, "Certain Debt Extinguishment Issues," would allow a debt defeasance when resources other than those from a bond refunding are set aside in a trust for the future repayment of outstanding debt. Comments on the proposal are due October 28.

ED Issues Guidance on Bank Fee Reporting

While the majority of the Department of Education’s cash management rules are now in effect, one provision beginning September 1, 2017, will require institutions with Tier 1 and Tier 2 arrangements to publicly disclose information about costs incurred by students who elect to use a financial account under those agreements.

U.S. House Holds Hearing on College Endowments and Affordability

Congressional lawmakers last week explored whether colleges and universities are effectively using their endowments to reduce college costs.

Final Rule on Fair Pay and Safe Workplaces Executive Order Issued

The final rule implementing the Obama administration’s Fair Pay and Safe Workplaces Executive Order was issued on August 25. Industry groups have criticized the new regulation as “blacklisting” due to its reporting requirements.

201 Institutions Named Cool Schools

In Sierra magazine’s latest ranking of environmentally-friendly colleges and universities, 20 institutions received special accolades.

Share Your Expertise at the Student Financial Services Conference

Take advantage of the opportunity to showcase solutions, initiate discussions, and share effective strategies to manage the many challenges facing campus bursars and student accounts staff by submitting a proposal to present at the 2017 Student Financial Services Conference. The deadline for submissions is October 24.

New White Papers Examine Academic Productivity

Five white papers from the TIAA Institute aim to advance the discussion around economic models in higher education. Produced in support of the NACUBO Economic Models Project, the TIAA Institute Higher Education Series: Understanding Academic Productivity is available now at no cost online.

2016 Managerial Analysis and Decision Support

November 17-18, 2016
Denver, CO

Learn the core concepts and techniques that are integral to sound financial management at this intermediate-level workshop. Topics will include revenue forecasting, costing methodologies, budgeting, performance measurement, and much more.


Bank of America Merrill Lynch

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