ICYMI – The IRS announced that higher education institutions won’t have to report emergency financial aid grants awarded to students under the CARES Act on the 2020 1098-T. The deadline for colleges to provide students with 1098-T Forms is January 31, 2021. University Business Officers
Read More >What is the deadline (project period or period of performance) for institutions to spend Higher Education Emergency Relief Fund (HEERF) funds received under the CARES Act? All institutions were given 1 calendar year (365 days) from the date of award in their HEERF Grant…
Read More >Last week the New York Times reported that there are presently over 26,000 cases and at least 64 deaths on College and University campuses from COVID-19 since the start of the Fall Semester. Sadly, COVID-19 continues its slow burn through our country and ED’s Office…
Read More >The TEACH Grant Closeout Deadline for the 2019-2020 award year is Wednesday September 30, 2020. As with all other federal aid programs, schools participating in the Teach Grant program must submit all school data to COD by the deadline. To be successfully closed out, schools…
Read More >The closeout deadline for the 2018-2019 Direct Loan Program Year is Friday, July 31, 2020. This is the last processing day before the end of the program year. According to a recent reminder from Federal Student Aid, all school data must be received and…
Read More >As a result of the ongoing national emergency, Federal Student Aid announced that the deadline for institutions to submit an appeal to their FY 2017 Draft Cohort Default Rates has been extended until June 30, 2020, pending publication of notice in the Federal Register.
Read More >The 1098-T, Tuition Statement form reports tuition expenses students paid for college tuition that might entitle them to an adjustment to income or a tax credit. The deadline to provide students with 1098-T Forms is January 31, 2020 Schools and Colleges are required file Copy…
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