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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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OIG LAUNCHES NEW PORTAL FOR SCHOOLS TO REPORT DISTANCE EDUCATION FRAUD RINGS

The U.S. Department of Education’ s Office of the Inspector General has a new website to use for reporting suspected fraud rings in distance education programs. The new portal is encrypted and will allow institutions to submit referrals securely and electronically. To assist schools in…

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WHO IS EXEMPT FROM FFATA REPORTING REQUIREMENTS FOR CARES ACT FUNDS

ED INDICATES INSTITUTIONS WITHOUT SUBAWARDEES EXEMPT FROM FFATA REPORTING REQUIREMENTS FOR CARES ACT FUNDS Last Month ED published an announcement stating that schools would satisfy the quarterly reporting requirements in the CARES Act by simply reporting each month in compliance with the Federal Funding Accountability…

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UPDATED DEADLINES FOR FLEXIBILITIES RELATED TO CORONAVIRUS

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…

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UPDATED FAQ ON CARES ACT HEERF

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…

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DISTANCE EDUCATION AND INNOVATION FINAL RULES RELEASED

New Distance Learning Regulations will be published in the Federal Register soon which make some significant changes to earlier and longstanding guidance on the subject. These new regulations will take effect on July 1, 2021 but ED has earmarked them for early implementation once the…

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FISCAL YEAR 2017 OFFICIAL COHORT DEFAULT RATES COMING LATE-SEPTEMBER

ED will release FY 2017 Official Cohort Default Rates (CDR) to all eligible institutions in mid-September. Schools will receive their CDR electronically via their SAIG mailbox. The Cohort Rates are an important metric used to determine school or program quality. Schools with 3-year CDRs of…

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PARTNER ELIGIBILITY AND OVERSIGHT SERVICES DOCUMENT CENTER

We’ve got a brand-new acronym! “PEOS”. Federal Student Aid just launched the PEOS Document Center on the COD website. It stands for the Partner Eligibility and Oversight Services. PEOS. The PEOS Document Center is where schools will now upload documents related to program reviews, eligibility…

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DIRECT LOAN ORIGINATION FEES EFFECTIVE OCTOBER 1, 2020

Did you update your loan origination fees yet?  Before you send your next batch of disbursements, make sure your financial aid management system is up to date with the new loan origination fees that went into effect on October 1st or they’ll bomb out on…

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COHORT DEFAULT RATES RELEASED

On September 28, 2020, the Official Cohort Default Rates were released for the 2017 Fiscal Year.  Since 2013, the National Student Loan Cohort Default Rate has been trending down, despite a small uptick last year. The official 2017 rate is now 9.7%, down 4% from…

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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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