OMB Releases 2020 Compliance Supplement
The recently released Compliance Supplement acknowledges the Coronavirus Aid, Relief, and Economic Security Act, and an addendum expected later in the fall will address all CARES Act programs.
ED Extends Deadline for Many COVID-19 Regulatory Flexibilities, Changes HEERF Reporting Deadlines
The Department of Education recently announced that it will be extending most of the regulatory flexibilities related to the COVID-19 emergency. ED also announced decreased reporting frequency for HEERF emergency grants to students.
ED Releases New eZ-Audit Reporting Templates
The Department of Education has finished revising the eZ-Audit System for reporting audited financial information to calculate financial responsibility composite scores under the new regulation.