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TIPS FOR IMPLEMENTING A COMPREHENSIVE COMPLIANCE PROGRAM

Our clients are colleges and universities just like yours that have chosen to implement compliance programs as a result of our compliance assessment. A typical compliance program helps institutions and their employees conduct operations and activities ethically; with integrity, and in compliance with legal and…

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When your Board Chair asks, “How is our campus doing?”, how will you respond?

No one ever wants to admit that their college is in decline. When Trustees ask that questions, it’s imperative for college leadership to answer that question accurately. But when trustees ask different executives, they often get different answers, depending on who they ask. That’s because…

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How to handle a U. S. Department of Education Program Review Risk Assessment

It begins with a phone call from the U.S. Department of Education. You heard that FSA was increasing the number of program reviews it conducts, and although you hoped that your school would be at the bottom of their list, it was simply inevitable that…

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Responding to an Audit and Program Review

Responding to an audit or program review can be overwhelming, particularly for schools with limited financial aid office personnel. Whether your school is required to implement corrective actions, perform file reconstruction and aid recalculation, or simply prepare a response or appeal, having a partner you can rely on will…

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How to find the best candidates for your college or university.

Discover leaders answering the call of extraordinary possibilities, advancing the frontiers of knowledge and building academic distinction. Leadership requirements continue to evolve, but the need for high-performing college and university leaders remains constant. Identifying and attracting the best and brightest talent in the higher education space requires a…

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Choosing the Right Search Firm Makes All The Difference

Retaining an executive search firm is critical to hiring the best talent on the market. But all recruiters aren’t equal. Do you know the difference? “Staffing Agencies” are great for temps but generally lack candidates with specialization. These are great sources for blue collar and…

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Trusted Experts In Higher Education Search and Placement

Let’s face it. One of the major advantages Higher Ed Executives brings to executive search and placement is that we are connected to the higher education sector like no others. That’s because we’ve worked for colleges and universities as leaders for years ourselves and many of…

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NEXT GEN FSA WEBSITE LAUNCHES

Federal Student Aid’s Next Gen website has launched, and it looks pretty slick. Last month FSA combined StudentAid.gov, StudentLoans.gov, FSAID.ed.gov, and part NSLDS.ed.gov student access into one website – StudentAid.gov. All of the functions found in these websites has been consolidated and with the exception…

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TOP 10 PROGRAM REVIEW FINDINGS OF 2019

TOP 10 PROGRAM REVIEW FINDINGS OF 2019 One of the functions of the U.S. Department of Education is to oversee the Federal Student Aid programs to ensure they are administered correctly and that institutions are meeting the FSA requirements for institutional eligibility, financial responsibility, and…

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TFA TOKENS MUST NOT BE SHARED BY MULTIPLE FSA USER IDS

Do people really have to be told that they can’t share TFA tokens? Seems that way. FSA is “reminding” institutions that TFA tokes used for logging into FSA systems and websites must NOT be shared. According to FSA only one authorized user is permitted per…

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TOP TEN COMPLIANCE AUDIT FINDINGS AT COLLEGES

It’s a new year and as always, we’ve got this year’s top ten compliance audit findings. These findings represent data ED culled from institutions’ annual audits and compliance examinations during the most recently completed fiscal year (2019). TOP TEN COMPLIANCE AUDIT FINDINGS AT COLLEGES IN…

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REPORTING FOREIGN OWNERSHIP, CONTROL, GIFTS AND CONTRACTS

As a condition of an institution’s Program Participation Agreement (PPA), colleges, universities and postsecondary schools are legally obligated comply with the statutory requirement to report on ownership/control by and gifts/contracts with foreign sources which is found in HEA Sec. 117 [20 U.S.C. 1011(f)]. Section 117…

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BORROWER DEFENSE TO REPAYMENT CLAIMS ARE COMING

The regulations under the 2016 Borrower Defense To Repayment established a standard procedure for ED to follow when evaluating borrower defense to repayment discharge claims for loans that were first disbursed prior to July 1, 2020. When a borrower makes a claim and attempts to…

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FLEXIBILITY FOR FEDERAL WORK STUDY RECIPIENTS AFFECTED BY CALIFORNIA WILDFIRES OR POWER OUTAGES

The U.S. Department of Education issued guidance to institutions that closed as a result of the California wildfires and power outages in the Fall of 2019 allowing flexibility in paying FWS wages to students who were unable to work due to the school being closed.…

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1098-T TUITION STATEMENT FILING DEADLINES

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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ED OIG OFFERS CLARIFICATION ON SINGLE AUDIT SUBMISSION REQUIREMENTS

Some people still don’t seem to understand the 2018 guidance for submitting Single Audit to ED. Simply stated, if you are a submitting an audit for a public or private non-profit institution, you must submit a single audit each year. This is true whether your…

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Whether you need help hiring your next president, or dean, training financial aid and business officers, or need expert regulatory guidance on matters related to financial aid, accreditation, and compliance, Higher Ed Executives provides a comprehensive portfolio of essential services to help post-secondary institutions of all types achieve their mission and goals.

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