The Department of Education has defined new rules around cash management at colleges and universities, some developed as a result of concerns around agreements that a number of schools have with institutions that provide accounts to students and how they relate to disbursement of federal financial aid. Today on NACUBO In Brief, Anne Gross, NACUBO VP of regulatory affairs, and Joan Piscitello, treasurer at Iowa State University share their insights and experiences in working with financial institutions and the development of new rules that impact them.
