News

Colleges and universities, including public institutions designated as instrumentalities of their state, are eligible for direct payment of renewable energy tax credits.

In a letter to the Department of Education, we highlighted proposals that go beyond generally accepted accounting principles, concerns regarding new reporting mandates, and more.

Groups that coordinate opportunities for student athletes to benefit financially from their name, image, and likeness generally are not operating for an exempt purpose, according to a recent legal memorandum issued by the IRS.

ED plans to issue final Title IX rules in October and reminds schools about Perkins Loans Requirements and more.

Total funding for state higher education institutions reached $120.7 billion in FY22, a 4.9% inflation-adjusted increase over FY21, according to the State Higher Education Executive Officers (SHEEO). Meanwhile, public institution enrollment dropped for the 11th consecutive year.

As Washington lawmakers continue to seek agreement on raising the nation’s debt ceiling, college and university business officers should review treasury policies and practices.

The Department of Education has proposed strict new rules on gainful employment and financial responsibility, and more.

The new report, supported by TouchNet, provides insight on SFS operations during FY22 at 341 colleges and universities, including services offered, tuition and fee structures, and collections and write-off policies. It also includes new information on using HEERF allocations to forgive debt associated with registration and transcript holds.

The Department of Education encourages institutions to leverage Federal Work-Study programs for tutoring and mentorship, NACUBO supports the Tax-Free Pell Grant Act, and more.

The Department of Education will make a no-cost extension form available to grantees needing up to an additional 12 months to spend remaining HEERF balances.