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…
When your Board Chair or Trustees ask, “How is our campus doing?” every executive should be able to respond with the same clear, data-driven answer. Too often, however, silos across Finance, Enrollment, Financial Aid, Academic Affairs, and Student Services result in fragmented information, and conflicting…
When the U.S. Department of Education notifies your institution of a program review, the clock starts ticking. Schools typically have just two weeks to prepare, and the stakes are high. Findings can lead to financial liabilities, jeopardize Title IV eligibility, and put accreditation standing at…
When the U.S. Department of Education initiates an audit or program review, the stakes are high. Findings can jeopardize financial aid eligibility, increase institutional liability, and place accreditation at risk. For colleges and universities with limited staff capacity, the process can quickly overwhelm financial aid…
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…
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…
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…
FEDERAL PERKINS LOAN REVOLVING FUND DISTRIBUTION OF ASSETS AND TIMELINES FOR 2018–19 If your school participated in the Federal Perkins Loan Program and continues to service their loans either in house or through a third-party servicer, keep an eye open in December for a notification…
You read that right. Last year NACUBO and the Department teamed up to separate the College Financing Plan (CFP) into two forms: one for undergraduate schools and another for graduate and professional schools. That’s a HUGE improvement. Additionally, the format of the College Financing Plan…
Last month the Common Origination and Disbursement (COD) System was updated to support reporting requirements for withdrawn students who qualify for a Title IV waiver under the Cares Act. COD now allows schools to select the Coronavirus Indicator on eligible disbursements for any program with…
Be sure to grab a copy of the 2021-2022 IRS Tax Return and Transcript Matrix. Although the U.S. Department of Education announced earlier this year that institutions may accept a signed copy of an individual’s tax return for verification the 2021-2022 award year, some students…
It seems the Coronavirus Indicator might have a bit of a “hair-trigger” because FSA recently put out a document of best practices for using the checkbox which opened with a word of caution. It read, “ Because a number of events (e.g., loan discharges, usage…
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
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 is found in HEA Sec. 117 [20 U.S.C. 1011(f)]. Section 117 requires…
The 2021-2022 Federal Pell Grant Payment and Disbursement Schedules are here. This year the Federal Pell Grant has increased to $6495.00 for students with a zero EFC, up $150.00 from 2020-2021. The minimum Pell Grant award also increased to $650.00 for students with an expected…
Remember when Betsy DeVos said DCL GEN0904 and DCL GEN 0905 weren’t cool anymore? Well, That’s just not the case. While the guidance in these two DCL’s may in fact have been rescinded, GEN 21-02 wants you to know that you should never let anyone…
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