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
Senate Democrats Urge Appropriators to Meet FSA Funding Request
On April 9, a group of 17 senators sent a letter to the Senate Appropriations Committee’s Subcommittee on Labor, Health and Human Services, Education, and Related Agencies, urging them to provide the full $2.7 billion of funding for the Office of Federal Student Aid (FSA) included in President Joe Biden’s FY24 budget request. The letter cites FSA’s challenging year, which included implementing changes to the Free Application for Federal Student Aid (FAFSA) and a number of loan changes as reasons to meet the funding request.
COVID-19 National Emergency Declaration Ended on April 10
On April 10, President Biden signed into law a bill ending the national emergency related to the COVID-19 pandemic. The end of the emergency declaration means that many regulatory flexibilities, including those surrounding Title IV aid, afforded during the pandemic will begin to sunset. We expect the Department of Education to publish guidelines reminding institutions of when various provisions expire.
NACUBO Comments on Proposed Rule Changes Affecting R2T4 and More
NACUBO shared comments with the Department of Education in advance of an upcoming negotiated rulemaking that is expected to address a number of topics important to the business office this fall, including rules governing the return of Title IV funds (R2T4), cash management, and third-party servicers. NACUBO focused on the need for institutions to be able to meet changing student expectations for disbursing Title IV funds.
CUPA-HR Surveys the Higher Ed Workforce
CUPA-HR has issued a survey on the higher education employee workforce and is asking for the assistance of business office leaders to promote the survey within your institution. If you are interested in promoting survey participation, please visit the survey webpage
NACUBO On Your Side: March 28–April 3, 2023