The deadline to for institutions to distribute their Annual Security Reports and Annual Fire Safety Reports has been extended until December 31, 2020. Additionally, the annual crime and fire statistics survey will now be open from November 18, 2020 through January 14, 2021. If you need assistance with the survey, please call the Campus Safety Help Desk at 1-800-435-5985 or by email at campussafetyhelp@westat.com.

The deadline to for institutions to distribute their annual Equity in Athletics Disclosures in compliance with the Equity in Athletics Disclosure Act (EADA) disclosures to required recipients to December 31, 2020. Additionally, the online EADA Survey will now open from December 2, 2020 through January 28, 2021. If you need assistance with the survey, please contact the EADA Help Desk at 1-888-233-5421 or via email at eadahelp@westat.com.

The deadline to for institutions to submit the 2020-2021 FISAP has been extended to November 2, 2020. The December 15, 2020 deadline for submission of FISAP edit corrections and the Perkins Cash on Hand Update remains unchanged.

The post ADDITIONAL REGULATORY FLEXIBILITIES RELATED TO CORONAVIRUS appeared first on Higher Ed Executives.

The post INCREASE IN PROFESSIONAL JUDGMENT USE DUE TO COVID-19 appeared first on Higher Ed Executives.

For students whose withdrawals were related to COVID-19, Direct Loan Funds received for the period covered under the waiver will be cancelled. As a result, the loan period will be excluded from students’ Subsidized Loan usage used to calculate the 150% Subsidized Usage Loan Limits. Pell grants received for the period will also be excluded from a student’s Lifetime Eligibility limit under Pell LEU. Schools will use the new COD functions to report student information for any students they were not required to return funds for under the waiver.

Check out this announcement from FSA for more information about the new “Coronavirus Indicator” checkbox and COD system Edits that you will begin using to report that an affected student’s aid disbursement qualifies for these exceptions under the waiver.

The post COD IMPLEMENTS CARES ACT REPORTING AND WAIVERS FOR AID CANCELLATION appeared first on Higher Ed Executives.

The origination fees have been changing every October 1st because of the Budget Control Act of 2011, known as the sequester law. For Federal Fiscal Year 21 (October 1, 2020 – September 30, 2021):
The loan fee for Direct Subsidized Loans and for Direct Unsubsidized Loans is 1.057%. For example, the fee on a $5,500 loan will be $58.13.

The loan fee for Direct PLUS Loans (for both parent borrowers and graduate and professional student borrowers) is 4.228%. For example, the fee on a $10,000 PLUS Loan will be $422.80.

An Iraq-Afghanistan Service Grant where the first disbursement is on or after October 1, 2020 and before October 1, 2021 requires a reduction of 5.7 percent from the award amount for which the student would otherwise have been eligible.

A TEACH Grant where the first disbursement is on or after October 1, 2020 and before October 1, 2021 requires a reduction of 5.7 percent from the award amount for which the student would otherwise have been eligible.

For more information about the sequester changes see this electronic announcement from FSA.

The post FY 21 SEQUESTER-REQUIRED CHANGES TO THE TITLE IV STUDENT AID PROGRAMS appeared first on Higher Ed Executives.

Federal law requires most 2-year and 4-year postsecondary schools to report ownership or control by foreign sources and contracts with or gifts from the same foreign source that, alone or combined, have a value of $250,000 or more for a calendar year.

Generally, a school must report this information by January 31 or July 31 (whichever is sooner) after the date of receipt of the gift, date of the contract, or date of ownership or control. The January 31 report should cover the period July 1–December 31 of the previous year, and the July 31 report should cover January 1–June 30 of the same year.

The post REPORTING OWNERSHIP, CONTROL, CONTRACTS AND GIFTS FROM FOREIGN SOURCES appeared first on Higher Ed Executives.

The post NEW TITLE IX FINAL RULES RELEASED appeared first on Higher Ed Executives.

The post ED OCR OFFERS GUIDANCE ON ADA AND TITLE IX COMPLIANCE IN DISTANCE ED appeared first on Higher Ed Executives.

The post UPDATE ON FEDERAL WORK STUDY COMMUNITY SERVICE WAIVERS RELATED TO COVID-19 appeared first on Higher Ed Executives.

It reads:

” Good morning higher education stakeholders,
Please join senior officials from the U.S. Department of Education for a COVID-19 briefing. The briefing will provide an overview of the Department’s implementation of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, focused on funding allocated to higher education institutions to ensure learning continues. The call will take place on Tuesday, April 21 at 2 p.m. EDT and you may join the call five minutes prior to the start time. To participate, please dial 1-877-692-8955 OR 234-720-6979 and then enter the following Access Code: 7130976#. This briefing is for higher education stakeholders only and is not open to the press.

Sincerely,
U.S. Department of Education”

UPDATE

Following the call, ED posted the following informationto their websites. Links are are posted below for your easy reference.

PRESS RELEASE: Secretary DeVos Delivers $6 Billion in Additional Grant Funding to Support Continued Education at America’s Colleges, Universities

COVID-19 (“Coronavirus”) Information and Resources for Schools and School Personnel

Frequently Asked Questions about the Institutional Portion of the HEERF under Section 18004(a)(1) and 18004(c) of the CARES Act

The Department continues to update ed.gov/coronavirus with information for students, parents, educators and local leaders about how to prevent the spread of COVID-19.

The post UPDATED HEERF GUIDANCE FROM ED FOLLOWING CONFERENCE CALL appeared first on Higher Ed Executives.

The post PROTECTING STUDENTS’ CIVIL RIGHTS DURING COVID-19 RESPONSE appeared first on Higher Ed Executives.