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As things move quickly in Washington, DC, NACUBO is your constant advocate in action. NACUBO On Your Side covers important legislative and agency activity NACUBO staff are tracking, what we’re currently advocating for, and how you can take action with us.

Here are the issues we are tracking and advocating for this week.

On the Hill

Inflation Reduction Act Clears Senate
The Inflation Reduction Act, the Democrats’ slimmed-down budget reconciliation package, has passed in the Senate on a party-line vote. The package, which expands the 179D tax deduction for energy efficient commercial construction to nonprofits, among many other items, next heads to the House of Representatives. It is expected that Speaker Nancy Pelosi will call members back from their districts to vote later this week.

Agency Action

Latest FISAP Now Available from ED
On August 1, the Department of Education announced that the Fiscal Operations Report for 2021-22 and Application to Participate for 2023-24 (FISAP) is available on the Common Origination and Disbursement website. The notice also includes supplemental FISAP reporting instructions due to the COVID-19 emergency. Because October 1 falls on a Saturday this year, the deadline to submit FISAPs is September 30. 

Judicial Action

Supreme Court Announces Hearing Date for Admissions Challenges
The U.S. Supreme Court has announced that it will hear oral arguments on October 31 for two cases challenging the practice of considering race in college admissions. The challenges against Harvard University and the University of North Carolina at Chapel Hill (UNC)—representing private and public higher education—were brought forward by the advocacy organization Students for Fair Admissions. Last week, NACUBO joined 39 other higher education associations in an amicus brief submitted to the Supreme Court, outlining why Harvard and UNC should be able to consider an applicant’s race as part of a holistic college application.

Association Action

NASFAA Publishes Annual Report on Student Aid
On August 4, the National Association of Student Financial Aid Administrators published the National Student Aid Profile: Overview of 2022 Federal Programs. The annual report includes data and information on the number of federal aid recipients, total volume of awards, federal funding levels, and distribution of aid by family income.  

Previous Edition

NACUBO On Your Side: July 26–August 1, 2022

Contact

Neil Gavigan

Policy and Advocacy Manager

202.861.2551


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