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NACUBO Notes

December 2018


New Distance Learning Programs

If you need more information on IRS and international student tax rules, the impact of tuition discounting trends, or the latest updates on federal affairs, consider viewing these webcasts: 

International student tax. Compliance with international student tax rules can be challenging. The November 7 webcast, Tax Administration and International Students: A Conversation With the IRS, was designed to help clarify the process.

This discussion with IRS officials covered several tax issues related to international students, including the documentation required for granting treaty benefits, Form 1042–S and 1042 reviews, and deposit requirements. The panel offered tips on how to prepare for a withholding agent review and an inside look at upcoming projects that the IRS has planned to promote international compliance. Attendees also learned how to examine current processes on campus for potential gaps in compliance. 

Tuition discounting trends. Tuition discount rates at four-year, private, nonprofit colleges and universities reached record levels in FY17, resulting in declining net tuition revenue at many institutions. Rising discount rates bring myriad concerns, particularly about decreased enrollment, challenges to finding new revenue sources in support of rising institutional aid expenditures, and how to meet students’ needs in an era of declining resources.

The November 14 webcast, Striking the Right Balance: Using the Results of the 2017 NACUBO Tuition Discounting Study to Meet Enrollment and Revenue Goals, summarized the results of the study, including the latest trends in undergraduate tuition discount rates and the impact of tuition discounting on net tuition revenue. Presenters also covered strategies to increase enrollment and net revenue during these challenging times. 

Federal affairs news. As part of its ongoing effort to provide business officers with the latest on the political climate and potential bud-getary, tax, and regulatory changes, NACUBO will present the December 14 webcast Legislative Lunchcast: A Washington Update From NACUBO. This free-to-members, 30-minute overview of what’s happening in Washington is the fourth and final update for 2018. It will cover a wide range of issues that impact students and institutions, including:

To view on-demand recordings or to register for upcoming webcasts, visit the the “E-Learning” on the NACUBO website. NACUBO’s E-Learning is supported by: Crowe https://www.crowe.com/.


Top Honors for NACUBO Staff

Liz Clark, senior director, federal affairs, NACUBO, was named a finalist for an excellence in advocacy award. Kenneth Redd, senior director, research and policy, NACUBO, was recently appointed by the National Association for College Admission Counseling (NACAC) to serve a one-year term on its board of directors.

Professional Women in Advocacy—a conference dedicated to connecting women in government relations and promoting the excellence of their work—recently nominated Clark, who was one of three finalists in the Excellence in a Federal Issue Campaign category. There were more than 100 nominees in six categories, and nominees were selected for efforts that successfully impacted the outcome of a federal legislative or regulatory problem or opportunity on behalf of their client, organization, or coalition.

Clark was nominated for her role in spearheading a campaign to respond to a slate of tax provisions in the Tax Cuts and Jobs Act that will have negative consequences for students and colleges.

Redd will serve a one-year term as a board member of NACAC, which represents a broad array of enrollment management, admission, and counseling professionals who together support students seeking higher education.

At NACUBO, Redd directs the annual NACUBO-TIAA study of endowments, the NACUBO tuition discounting study, and other studies on higher education finance issues. Redd has a master’s degree in public affairs from the Hubert H. Humphrey School of Public Affairs, University of Minnesota, Minneapolis, and a bachelor’s degree in English and political science from Tufts University, Medford, Mass.


Professional Development

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