Supreme Court Upholds DACA Program
Ruling in a 5-4 decision, the Supreme Court has rejected the Trump administration’s attempt to eliminate the Deferred Action for Childhood Arrivals program.
Proposed Main Street Loan Program Expansion Includes Some Nonprofits
The Federal Reserve Board is seeking public comments on a proposal to expand the Main Street Loan Program to include certain small and mid-sized nonprofit organizations. NACUBO joined several higher education associations in submitting recommendations to expand eligibility to all public colleges as well.
ED Unveils New Foreign Gift Reporting Portal
The Department of Education is moving ahead with expanded foreign gift reporting requirements, despite higher ed requests to postpone the new rules amidst the COVID-19 crisis. The new portal must be used for reporting due by July 31.