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Sue Menditto

Senior Director, Accounting Policy



FASB Finalizes Effective Date Postponements in Light of COVID-19

May 22, 2020

FASB officially approved the release of an Accounting Standards Update that postpones implementation dates by one year for leases for all independent institutions and revenue recognition for independent institutions without public or conduit debt.

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  • May 14, 2020

    GASB Issues New Guidance In Light of COVID-19

    In response to the pandemic, the Governmental Accounting Standards Board has issued a new statement that extends implementation for most major standards by one year. Recently issued Implementation Guide 2020-1 reinforces delayed effectives dates and provides updated guidance.

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  • April 24, 2020

    ED Answers Financial Responsibility Rule Questions

    In a recent Q&A, ED addresses concerns raised by higher education over lack of clarity in the new financial responsibility rules that take effect July 1.

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    Historic Endowment Study Data

    Historical endowment market values and investment returns, net of fees, for endowment study participants from 1990 to 2018

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    NACUBO Tuition Discounting Study

    The annual NACUBO Tuition Discounting Study (TDS) measures the institutional tuition discount rates and other indicators of institutional grant awards to first-time, full-time first year undergraduates and all undergraduates who attend private, nonprofit (independent) colleges and universities.

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