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May 23, 2022

NACUBO On Your Side: May 17–23, 2022

In this edition: NACUBO aids NASFAA in recommendations for student loans, ACE partners with ED for a webcast on investing in mental health resources, and more.

May 20, 2022

Department of Education Encourages Using HEERF for Mental Health Needs

During Mental Health Awareness Month, the Department of Education released an FAQ that strongly encourages institutions to use HEERF funds to meet mental health and substance abuse disorder needs of students. Additional information can be found at NACUBO’s HEERF Resource Center.

May 16, 2022

GASB Releases Omnibus Standard

Statement No. 99, Omnibus 2022, clarifies various technical issues. Topics include financial guarantees, derivative instruments, right-to-use assets, replacing LIBOR, and nonmonetary transaction disclosures.

April 25, 2022

NACUBO Recommends Improvements to HEERF Quarterly Reporting

NACUBO asked the Department of Education not to separate institutional and student HEERF funding sources when reporting emergency student aid information and to only associate lost revenue funds received with current or planned use, among other recommendations.

April 25, 2022

NACUBO On Your Side: April 5-25, 2022

The Department of Education announces steps against “historical failures” in the administration of student loan repayment programs, NACUBO and the Student Aid Alliance ask Congress for additional student financial aid, and more.