ED’s Office of Postsecondary ED released an update to the COVID-19 TITLE IV Frequently Asked Questions last month, clarifying the rules for COVID related R2T4s. Q: Is the R2T4 waiver under the CARES Act mandatory, or may an institution opt to continue returning funds to…
Read More >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…
Read More >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…
Read More >Institutions that received funding under the CARES Act must begin reporting monthly to FFATA, according to a recent electronic announcement from ED’s Office of Postsecondary Education. The quarterly reporting requirements for the CARES Act are considered to be met under the more frequent, monthly reporting…
Read More >On August 2, 2020, the COD system was updated to support CARES Act reporting for students who qualify for a Title IV waiver because they withdrew due to COVID-19. The implementation of these changes will be rolled out in two phases. In the first phase,…
Read More >Colleges aren’t the only ones with questions about the Higher Education Emergency Relief Fund, students have questions too. Last month, ED released a (very) brief Frequently Asked Questions (FAQ) with questions from students about Emergency Relief Student Grants. Do I have to repay the emergency…
Read More >ED just released guidance for institutions to report how they are using CARES Act Emergency Grants distributed to students under the HEERF. Schools must submit an initial report to ED within 30 days of the institution’s Certification and Agreement and 45 days thereafter. Instructions on…
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In less than two hours, the U.S. Department of Education will give a breifing on COVID-19 and the CARES Act stimulus package according to a memo just blasted out by ED. It reads: ” Good morning higher education stakeholders, Please join senior officials from the…
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Today the U.S. Department of Education released details about how much postsecondary institutions of higher education will each receive from the recently passed Coronavirus stimulus package know as the CARES Act. In ED’s press release additional information is given about the process for securing the…
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