Confessions of a Community College Dean

APRIL 3, 2023

The department wrote a Dear Colleague letter in February that said any entity involved with the administration of an institution’s federal student aid is considered a third-party servicer, which puts them under the department’s oversight authority and subjects the companies’ contracts with institutions to regular audits.

Study Abroad 68

Study Abroad Grants and Contracts Education Financial Aid 68

The Change Leader, Inc.

APRIL 4, 2023

The original rule was designed to monitor contracted companies that provide colleges and universities with services to manage various aspects of Federal Student Aid. It provides grants and loans to students. In his latest podcast episode, Dr. How higher ed has been reacting to the letter. What will likely happen as a result.

Grants and Contracts 52

Grants and Contracts Higher Education Administration Consulting 52

The Change Leader, Inc.

JULY 12, 2023

The primary rule change is designating a CISO or a qualified individual responsible for protecting customer information or student financial aid data. Institutions must annually vet employees granted access to information and ensure more people haven’t been granted access. The third involves access review controls.

Financial Aid 98

Financial Aid Grants and Contracts Development and Fund Raising Consulting 98