News

Schools with Perkins Loans that have been in default for over two years will now have until June 30, 2023, to either assign the loans to the Department of Education or purchase the loans.

New private fund adviser rules would generally benefit the investor community, but NACUBO cautioned the Securities and Exchange Commission about unintended consequences.

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.

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.

The Association of College and University Auditors (ACUA) has a variety of tools and articles that may be useful for NACUBO members.

The third and final round of negotiations for the Institutional and Programmatic Eligibility Committee concluded on March 18, moving the topics to the policy writing stage. Issues with the composite score, such as how refinanced long-term debt is treated, were left out of the discussion.

Kelli Perry, associate vice president and controller at Rensselaer Polytechnic Institute, reflects on accounting and reporting, as well as negotiating with the Department of Education.

ED announces a blanket extension for HEERF grant use, President Biden issues a FY23 budget request, and more.

Alexander Reid, partner at the law firm BakerHostetler, discusses issues raised by a memo from the National Labor Relations Board General Counsel, which proposed to classify some college athletes as employees.