News & Insight

Author: Audrey Kaplan

Best Practices for Accounting and Disbursing Allocations from the Higher Education Emergency Relief Fund

Updated April 21, 2020 Co-authored by Michael Wherry of McClintock & Associates and Audrey Kaplan of HMBR Since the U.S. Department of Education’s April 9, 2020, announcement of the forthcoming release of the student emergency funds as noted in Section 18004(c) of the Coronavirus Aid, Relief and Economic Security Act […]

  Apr 16, 2020  |  By    |   On Client Alerts

Disbursement to Higher Ed from CARES Act

This afternoon, April 9, 2020, Secretary DeVos provided a letter with some information on the disbursement of funds to postsecondary schools.   The letter outlines how the most significant portion of the CARES funding will be disbursed and how those funds must be used.  Specifically, at least 50% must be used […]

  Apr 9, 2020  |  By    |   On Client Alerts

Covid-19 Resources Every Institution Needs

We all feel the impact of the COVID-19 virus pandemic affecting our lives, personally and professionally. We hope that everyone is safe and healthy. For institutions of higher education, your communities are your extended families and the efforts we have seen nationwide to continue to provide educational services and support […]

  Apr 1, 2020  |  By    |   On Client Alerts

Update: Official Gainful Employment (GE) Rule by U.S. Department of Education Published

As we posted on June 28, 2019, the U.S. DOE rescinded the Gainful Employment (GE) Rule and posted the official version today, July 1, 2019. Below is the link to the Federal Register for your files: https://www.federalregister.gov/documents/2019/07/01/2019-13703/program-integrity-gainful-employment In an Electronic Announcement issued on Friday, the Department provided: An institution that early implements […]

  Jul 1, 2019  |  By    |   On Client Alerts