CECU Daily Update Email
COVID-19 Resources & Webinars
On March 13, 2020, Career Education Colleges and Universities launched an information webpage for institutions responding to Coronavirus (COVID-19). CECU’s Coronavirus webpage includes a multitude of helpful resources to assist higher education leaders understand the various legal and operational implications of temporarily closing a campus or adapting courses to online learning.
View all past webinars here.
Guide for the Distribution of Student Grants under the Higher Education Emergency Relief Fund
In the midst of the Coronavirus pandemic, the proprietary school sector has a unique opportunity. The federal government has included our schools in the Emergency Stabilization Fund for institutions of higher education. Starting the week of April 13, 2020, institutions will be given the opportunity to direct critical Higher Education Emergency Relief Fund grants to those students at your institutions most impacted by the pandemic. This guide, developed with the quick help from sector leaders, will support institutions in understanding what they should know regarding the emergency financial aid grants, potential formulas for the distribution of such grants, and a sample grant application form. The guide will be updated regularly based on ongoing stakeholder feedback and federal updates so check back often.
View the guide here.
Unemployment, Layoff and Furlough
Wednesday, April 22 | 2:00PM EDT
Gregory Gragg, CEO and Chairman of Lever 1 and Gragg Advertising
Erica Brune, President of Lever1
Danielle Bearden, Director of Human Resources at Lever 1
What are the differences and what is best for my company? Lever1’s seasoned HR Director walks through the best course of action to avoid discrimination pitfalls when selecting employees for reduction of work as well as how to manage their unemployment claims and health coverage.
- Who to select and which choice is right for my business
- How claims are processed
- Employee Assistance Programs
- COBRA and other healthcare issues through this process
- How to take advantage of payroll tax credits using these methods
Reboot: Getting Your Marketing Ready for the Restart.
Wednesday, May 6 | 2:00PM
Gregory Gragg, CEO and Chairman of Gragg Advertising
Darryl Mattox, President of Gragg Advertising
Lisa Olmedo, VP of Business Development at Gragg Advertising
If you haven’t outlined a plan to reboot your marketing, you are behind the curve. The time to start planning and launching recruitment campaigns is upon us.
Southeastern Institute Charlotte donates PPE to area medical facilities
Charlotte-area healthcare workers at five local medical facilities will benefit from donations of personal protective equipment (PPE) made by Southeastern Institute Charlotte. Nearly 2,500 pieces of protective equipment were contained in the donation which included boxes of facemasks and exam gloves.
Coronavirus Education News
UM officials taking pay cuts amid projections of up to $1B in losses from COVID-19 – The Detroit News
The University of Michigan is estimating losses of $400 million to $1 billion through the end of the 2020 calendar year as a result of the COVID-19 pandemic.
ACE, Higher Education Associations Advocate For Relief For Student Loan Borrowers – ACE
ACE and 31 other higher education associations are asking Congress to provide relief to the 13.7 million students borrowing to finance their college education and to the 44 million borrowers already in repayment.
2U: Coronavirus pandemic could ‘severely impact’ business – Education Dive
Online program manager 2U said the coronavirus could “severely impact” its business, according to a filing Monday with the Securities and Exchange Commission.
Additional Coronavirus Coverage
The Coming Financial Crisis For Colleges – Forbes; How China’s Schools Are Getting Through COVID-19 – EdSurge; 3 ways to stay connected when going remote – eCampus News.
Paypal, Intuit, & Square approved to offer loans to small businesses through coronavirus relief program - TechCrunch
The SBA has approved Paypal, Intuit, and Square to participate in the SBA Paycheck Protection Program. With a potential round of new funding on the horizon, It’s my hope the expansion and information will be helpful to schools that did not receive an SBA PPP check and plan to apply for any new funding once it becomes available.
Less than 1 percent of federal emergency cash for college students doled out – Politico
The Education Department says just $6 million of $6.28 billion in emergency aid for college students has reached campuses so far, and officials are trading accusations with college leaders over the slow pace of a rollout that’s left students waiting for help.
What’s the best way to get federal coronavirus aid to college students? – Education Dive
Congress gave institutions wide latitude to distribute money from the CARES Act. Experts suggest eliminating red tape for students so they get the funds quickly.
Opinion: Democrats’ promises of student-loan forgiveness and free tuition are not the answer – Market Watch
Student debt and skyrocketing college tuition are terrible burdens for young adults, and Sen. Bernie Sanders promised to forgive their loans and make public colleges free.
Legal and Regulatory Issues
Proposed Regulations on “Distance Education and Innovation” Issued by Department of Education – Faegre Drinker
The following summary reflects our initial review of the key aspects of the Proposed Rule, for which public comments must be submitted to the Department no later than May 4, 2020.
Student SNAP Waivers Denied – Inside Higher Ed
Federal food assistance requires too much of college students, advocates say. States requested waivers for these requirements during the pandemic — and were denied.
Higher Ed’s Credit Transfer System Is Broken. Here’s a Better Way. – Ed Surge
As he enrolled in his new school, he started from scratch. What limited credits he accumulated before did not transfer and help him on his path toward finding a job.
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