(From The Hill) New guidelines from the Centers for Disease Control and Prevention (CDC) warn that coronavirus antibody tests, also called serologic tests, may be wrong up to half the time. In addition, even if someone h

• Pandemic

• Regulatory Updates

The night of Friday, May 22, the Department of the Treasury and Small Business Administration (SBA) released new Paycheck Protection Program (PPP) guidance that provided some clarity on several loan forgiveness questions

(from multiple sources) Should colleges plan to open campuses in the fall? Dr. Anthony Fauci said in an interview with the Chronicle of Higher Education that it will depend on the location and demography of the students.

(From Journal of Accountancy) On May 20, the Financial Accounting Standards Board (FASB) voted to extend by one year the implementation period for new accounting rules on revenue recognition and leases for nonprofits tha

(From The 74 Million) More than two-thirds of parents support keeping schools closed until officials are certain that reopening will not pose a health risk, according to a new survey of 500 parents commissioned by the Na

(From NBOA) A new model is now available to help schools plan for how many students, faculty and staff may safely be in a classroom at a time when social distancing guidelines are in effect. The tool was developed by Rah

​(From Inside Higher Ed) As colleges across the country announce plans to reopen their campuses this fall, it's becoming clearer how COVID testing may unfold on campus. The University of California, San Diego, for instan

• Pandemic

• Regulatory Updates

(From blumshapiro) On May 15, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the much anticipated PPP Loan Forgiveness Application.The form and instructions offer b

(from Ellin & Tucker) One of the major unknowns of the SBA's PPP program for independent schools was whether loan forgiveness would constitute federal financial assistance and subject the school to the Uniform Guidan

• Pandemic

• Regulatory Updates

(from the Department of the Treasury) Updated on May, 14. On May 13, the Department of the Treasury released FAQs clarifying the SBA’s interpretation of the CARES Act and of the Paycheck Protection Program (PPP) Interim

(From SHRM) As employees begin to return to their workplaces after weeks under COVID-19 stay-at-home orders, employers should be prepared to communicate information regarding health and safety considerations. Employment

(From Tes) As many as 30% of private schools in the UK could face closure because of the coronavirus pandemic, according to a new report from Tes. The fee discounts that schools are having to offer to parents suffering t

(from NPR) No field trips. No game rooms. No teddy bears. These are some of the CDC's guidelines for reopening schools, childcare centers and day camps safely in places where coronavirus cases are on the decline. The gui

(From CliftonLarsonAllen LLP) The SBA has extended the safe-harbor period for returning Paycheck Protection Program (PPP) funds by one week to May 14, 2020. A May 7 deadline for returning funds was initially provided by

(From the New York Times) Two recent studies offer compelling evidence that children can transmit the COVID-19 virus, prompting health experts to warn that schools should be kept closed for now. In one study, a team anal

(From CUPA-HR) When planning to re-open campus, it's essential that institutions develop guiding principles that fit the school's values and follow good guidance on the phases of re-entry, according to Jay Stephens, vice

(From NBOA) Polling data from a recent NBOA webinar, Your Questions Answered: PPP Fund Compliance, suggests that most schools that have received a PPP loan will use it even if they are subject to federal regulations such

(from Venable) Universities are facing backlash from students who have transitioned to online courses as a result of the coronavirus pandemic and are facing federal class action lawsuits. Suing under theories of breach o

(from the New York Times) Across the country, dozens of elite private preparatory schools are facing a vexing decision: They qualified for federal funds for small businesses hit by the coronavirus pandemic, but administr

(From NBOA) The third webinar in NBOA and Venable LLP’s series on COVID-19 focused on schools’ eligibility for the PPP program, good faith certification, compliance with nondiscrimination laws and loan forgiveness among