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Higher Education

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Higher Education, Tax
Isabella Meese | 3.4.2020

Student Loan Discharge

Recently, the Internal Revenue Service (IRS) issued guidance to certain taxpayers with federal or private student loans acquired to finance attendance

Higher Education, Risk Advisory/Internal Audit
Christopher Cerda | 2.18.2020

Judge Hands Down Longest Sentence to Date in College Admissions Scandal

On February 7, a federal judge in Boston issued the most severe verdict yet to a parent involved in Operation Varsity Blues, the college admissions scandal

Higher Education, Not-for-Profit, Schneider Downs, Tax
Sarah Piot | 1.20.2020

Tax-Exempt Organizations Receiving an Increased Number of IRS Notices

Within the past month, we’ve seen a significant number of tax-exempt organizations receive notices from the IRS for a multitude of reasons, many

Audit, Higher Education
Michael Withrow | 1.13.2020

Your Institution Received a Gramm-Leach-Bliley Act Finding in 2019 – Now What?

The Gramm-Leach-Bliley Act (GLBA) is a federal ruling that applies to all entities that collect consumer financial data, including institutions of higher

Higher Education
Logan Kowcheck | 1.13.2020

Changes to the Financial Responsibility Ratio

The U.S. Department of Education (ED) finalized borrower defense rules on September 23, 2019, establishing new regulations that will have a significant

Higher Education, Risk Advisory/Internal Audit
Samuel Becherer | 12.5.2019

Recertification of PA Act 153 Clearances

It’s quickly approaching the time for the recertification of Pennsylvania Act 153 clearances. Clearances are valid for 5 years. Act 153 took effect

Higher Education, Risk Advisory/Internal Audit
Erin Puko-Wilking | 11.20.2019

Conducting an ERM Evaluation

Institutions of higher education face a number of challenges in today’s highly competitive business and social climate: reputational risk, obsolescence,

Higher Education, Risk Advisory/Internal Audit
Christopher Cerda | 11.19.2019

Operation Varsity Blues and Internal Audit

When news broke regarding the college admissions scandal back in March, I couldn’t help but think: where were the internal auditors? Thirty-three

Higher Education
Tim Martin | 11.7.2019

Can ISAs Help Slow the Educational Debt Crisis?

With student debt projected to reach $2 trillion by 2022, traditional education financing is in a state of flux as it looks for solutions to defuse, at

Higher Education, Tax
Phyllis Tedesco | 9.9.2019

Putting a New Positive Spin on Education Costs

As another school year, the associated costs of education continues to rise. A way to prepare for these costs is to participate in a Qualified Tuition

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