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New HEERF Guidance Adds Flexibility, Extends Time Period for Institutions’ Costs and Lost Revenue

On March 19, 2021, the U.S. Department of Education (Department) issued new guidance to institutions of higher education (IHEs) regarding the use of funds received pursuant to the Higher Education Emergency Relief Fund...more

New Guidance from IRS on Treatment of CARES Act Payments to Students

On Dec. 14, 2020, the IRS added guidance to its FAQs on the Higher Education Emergency Relief Fund and Emergency Financial Aid Grants under the CARES Act, clarifying that higher education institutions are not required to...more

Strict Reporting Requirements and Taxability Information for Emergency Financial Aid Grants to Students

Here are two breaking developments we do not want you to miss. On May 6, 2020, the same day the U.S. Department of Education’s Office for Civil Rights issued its sweeping Title IX Final Rule, the Department’s Office of...more

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