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While the Gramm-Leach-Bliley Act (GLBA) affects all institutions, those that participate in Title IV programs face additional information security requirements.

Gramm-Leach-Bliley Act: What Higher Ed Institutions Need to Do

Given the increasing and rapidly changing risk, cybersecurity should be a key focus for all higher education institutions. Institutions collect and store a wide variety of data across many departments, ranging from health and financial information to intellectual property. Students and their families, employees, and the general public have high expectations for how your institution […]

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To start offering Title IV financial aid, proper audits and candidate or accredited status are key.

How Colleges Can Start Offering Title IV Financial Aid Programs: Gaining Candidacy or Full Accreditation Is Just the Beginning

Your Board of Trustees has determined that your institution should offering Title IV financial aid, but many questions remain. Examples of such questions are: Are we required to participate in the student loan programs or can we just participate in the Federal Pell Grant Program? We are a new institution. How long do we have […]

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The financial aid office, incredibly beneficial to schools, can provide incredible risks to schools.  The latest challenges pertain to the Graham Leach Bliley Act (GLBA) and changes in the Department of Education Financial Viability Ratios.

Business Risks from the Student Financial Aid Office

Gone are the days of siloing responsibilities and each office working independently. While segregation of duties and internal controls remain vital to a higher education institution’s health, they are insufficient on their own. A failure to thoughtfully consider the related impacts between functional areas or departments creates business risks that may stilt your institution’s ability […]

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Among the student aid myths sometimes believed in Christian colleges are ones suggesting the government will tell the school that it cannot teach from a Biblical worldview.

Federal Student Aid Myths That Christian Colleges Believe

We are frequently asked, “How will my institution be negatively affected by participating in the Higher Education Act Title IV student financial assistance programs?” Student aid myths abound. Many negative tales are spread by well-meaning people that convince some institutions to not participate in these programs. We have even heard of college presidents, directors, and […]

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iI is important that we do everything possible to be securing records.

Securing Records Before the Storm

Are you prepared? Have you been adequately securing records? Do you have a disaster recovery plan? What would happen to you, your institution, and your students in the event of a disaster? While the nation is recovering from the most recent storms—Harvey, Irma, and Maria—we reflected on our preparedness at Weber & Associates. We know […]

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When a Dept of Ed auditor checks on how you are managing your Title IV programs, don't get caught with one of the three most common errors discovered in the Return of Title IV Funds.

Dangers in the Managing of Title IV Programs

Recent audits and U.S. Department of Education program reviews reveal several areas which if mishandled or overlooked can cause problems for institutions. In our efforts to alert you to potential problems, we also offer solutions or procedures to avoid dangers in managing Title IV for your school. Here are a few: Return of Title IV […]

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