On August 21, 2020, the U.S. Department of Education (ED) issued an electronic announcement extending the effective period for all previously issued regulatory flexibilities related to the COVID-19 national emergency. Those...more
Updated as of July 14, 2020 -
Higher education institutions worldwide are striving to meet their students’ educational needs while working to reduce and decelerate the spread of COVID-19, commonly known as the coronavirus....more
The U.S. Department of Education (ED) has recently provided additional guidance and instructions in connection with the Higher Education Emergency Relief Fund (HEERF) provisions of the Coronavirus Aid, Relief and Economic...more
Updated as of June 5, 2020 -
Higher education institutions worldwide are striving to meet their students’ educational needs while working to reduce and decelerate the spread of COVID-19, commonly known as the coronavirus....more
Updated as of June 5, 2020 -
Higher education institutions worldwide are striving to meet their students’ educational needs while working to reduce and decelerate the spread of COVID-19, commonly known as the coronavirus....more
Updated as of May 26, 2020 -
Higher education institutions worldwide are striving to meet their students’ educational needs while working to reduce and decelerate the spread of COVID-19, commonly known as the coronavirus....more
On May 15, 2020, the U.S. Department of Education (ED) issued updated and expanded flexibilities with respect to Title IV federal student aid program requirements in light of the continuing COVID-19 pandemic. This latest...more
On May 6, 2020, the U.S. Department of Education (ED) issued an electronic announcement directing institutions receiving funds under the Higher Education Emergency Relief Fund (HEERF), as established by Section 18004 of the...more
On May 6, 2020, the U.S. Department of Education (ED) released its long-awaited final regulations revising requirements for educational institutions subject to Title IX of the Education Amendments Act of 1972 (Title IX). The...more
On April 30, 2020, the U.S. Department of Education (ED) released additional information regarding the approximately $1.4 billion in funding that is available pursuant to the Coronavirus Aid, Relief, and Economic Security...more
Updated as of April 20, 2020 -
Higher education institutions worldwide are striving to meet their students’ educational needs while working to reduce and decelerate the spread of COVID-19, commonly known as the...more
On April 2, 2020, the Department of Education (ED or the Department) published in the Federal Register proposed regulations (the Proposed Rule), which although described as involving “distance education and innovation,”...more
On April 14, 2020, the U.S. Department of Education (ED) announced the process by which it will administer nearly $3 billion under the Governor’s Emergency Education Relief (GEER) Fund, which is one component of the Education...more
On Thursday, April 9, 2020, the U.S. Department of Education (ED) released details regarding its distribution of approximately $6 billion in emergency coronavirus assistance to postsecondary students. This student assistance...more
Updated as of April 10, 2020 -
Higher education institutions worldwide are striving to meet their students’ educational needs while working to reduce and decelerate the spread of COVID-19, commonly known as the...more
On Friday, March 27, 2020, the President signed into law a $2 trillion stimulus package to combat the coronavirus pandemic and its systemic effects. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is the...more
Higher education institutions worldwide are striving to meet their students’ educational needs while working to reduce and decelerate the spread of COVID-19, commonly known as the coronavirus. In view of guidance from the...more
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
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
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