On March 5, 2020, the U.S. Department of Education (ED) released formal guidance for institutions regarding their compliance with the Title IV federal student aid program requirements in the context of the coronavirus...more
As discussed in a previous alert dated June 18, 2019, the U.S. Department of Education (the “Department”) over the last year increased its scrutiny of postsecondary institutions’ contracts with, and gifts from, foreign...more
1/20/2020
/ Colleges ,
Compliance ,
Federal Student Aid ,
Filing Deadlines ,
Foreign Entities ,
Foreign Governments ,
Foreign Nationals ,
Foreign-Owned Corporations ,
Gifts ,
Higher Education Act ,
OMB ,
Reporting Requirements ,
Service Contracts ,
Supply Contracts ,
Title IV ,
Universities
As discussed in a previous DBR on Data post, the U.S. Department of Education (“ED”) in recent years has repeatedly emphasized the importance of higher education institutions taking all appropriate measures to secure and...more
12/20/2019
/ Audits ,
Colleges ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Data Security ,
Dear Colleague Letter ,
Department of Education ,
Federal Student Aid ,
Gramm-Leach-Blilely Act ,
Hackers ,
Information Security ,
Personally Identifiable Information ,
Security Risk Assessments ,
Student Privacy ,
Universities
On September 23, 2019, the U.S. Department of Education (ED or the Department) published in the Federal Register final regulations on Institutional Accountability, which revise its current regulations on borrower defenses to...more
9/26/2019
/ Accounting Standards ,
Borrower Defense Rule ,
Borrowers ,
Class Action ,
Department of Education ,
Educational Institutions ,
Federal Student Loans ,
Final Rules ,
Financial Accounting Standards Board ,
Financial Harm ,
GAAP ,
Mandatory Arbitration Clauses ,
Predominance Requirement ,
Statute of Limitations ,
Title IV ,
Triggering Event
On July 1, 2019, the U.S. Department of Education (the Department) published final regulations (the “Final Rule”) rescinding requirements for programs that are eligible for Title IV federal student financial aid based on...more
After earlier delays in implementation, the U.S. Department of Education (the Department) has instructed postsecondary education institutions that more extensive distribution requirements for Gainful Employment (GE) program...more
The U.S. Department of Education (the Department) in recent months has undertaken increased scrutiny of postsecondary institutions’ contracts with, and gifts from, foreign entities and individuals. Although long-required to...more
As described in an earlier alert, regulations promulgated by the U.S. Department of Education in November 2016 (the “Department”) concerning borrower defenses to repayment (the “2016 BDR Rules”), which the current...more