Latest News


Announcing the Net Assets Reader Survey Raffle Winner

Congratulations to Sister Judith Schaefer, O.P., of Cotter Schools in Winona, Minnesota on winning NBOA's Net Assets reader survey raffle! Sister Judith's ticket was pulled from a pool of over 200 survey respondents for

Young Children Less Likely To Spread COVID, Politics Drive School Plans, Students Enforce Restrictions

(From The 74 Million) As coronavirus cases surge across the country, a new study shows young children may be less likely to spread the virus. The paper examined 47 youth and 32 adults who had been infected with the virus

Court Upholds Affirmative Action, Education Employment Down, COVID-19 Safety Violations

(From Inside Higher Ed) A Boston-based US appeals court has rejected a challenge to Harvard's affirmative action policy brought by a group representing Asian Americans who claimed the school discriminated against them as

Biden's Projected Impact on Early Childhood Education, Workplace Policies, International Students

(From EdSurge) In an election that drew historic turnout among Americans, there is at least one issue that collected victories up and down the ballot: early childhood education. The Biden administration’s plans for early

Worker's Compensation Claims Increase, Blackbaud Sued After Ransomware Attack

(From Bolton & Company) The COVID-19 pandemic has resulted in increased worker’s compensation claims costs across all industries. In an effort to cover additional costs, the California Workers’ Compensation Insurance

Utility Costs May Rise in Some Localities

(from APPI Energy) The utility market is experiencing volatility due to a wide variety of factors, from natural gas production levels to the approaching winter. How those increases play out on a local level can vary. A g
  • Regulatory Updates

SBA Requires Larger Borrowers To Share More Detail on PPP Need

(from Venable) On October 26, 2020, the Small Business Administration (SBA) said it would utilize Loan Necessity Questionnaires in connection with its Paycheck Protection Program (PPP) loan review process. Borrowers who,

Colleges Cut Tuition Prices, Students Push Back Against Digital Proctoring Tech

(From CNBC) Amid sharp enrollment declines due to the pandemic, some colleges and universities are slashing tuition prices in an effort to lure students back. Princeton, Georgetown and Johns Hopkins are among those offer

Preparing for Election Day Aftermath, Thanksgiving Guidance, Assessing Racial Justice Efforts

(from the Chronicle of Higher Education) In 2016, the election of President Trump caught colleges off guard. On many campuses, protests lasted several days, with students often clashing across political lines. Racist and

Household COVID Spread, Bus Companies Falter, Online Learning a Haven from Bias?

(from CNN) Last Friday, the CDC released guidance regarding the spread of COVID-19 among those living in the same home. The new guidance is based on recent research, which found that more than half (53%) of those living

Outdoor Learning, North Carolina Private Schools Report COVID Clusters, New Water Rule

(From the New York Times) Even though some students are still learning remotely, the pandemic has brought new life to an outdoor education movement, inspired in part by Scandinavian “forest schools,” where elementary sch

Universities Slash Programs Amid Budget Crisis, Black Workers at Universities Speak Out

(From The New York Times) Across the country, the coronavirus is forcing universities large and small to lay off or furlough employees, delay graduate admissions and even cut or consolidate core programs like liberal art

Sustainable Facilities for School Survival

(from LinkedIn) "Being a facilities guy for many years, 'sustainability' has always been a green term, predominantly associated with our environmental stewardship -- a philosophy which I highly value," wrote Wayne J. of

CDC Changes "Close Contact" Guidelines, Pandemic Predictions

(from the Washington Post) Federal health officials issued new guidance on Wednesday that greatly expands the pool of people considered at risk of contracting the novel coronavirus by changing the definition of who is a

New Webinar To Prepare for FY20 BIIS Data Entry

(From NBOA) In order to better align with your audit schedule, NBOA’s Business Intelligence for Independent Schools (BIIS) data entry period has been moved to later in the year. BIIS will be open for 2019-20 school year

Private Schools Close for Election Day, Pay-Gap Lawsuits, CFOs' COVID Solutions

(from the Washington Post) Some private schools have rearranged schedules so students will not have classes November 3, in part to allow students who want to serve as poll workers to do so without penalty. Anyone over 16

Social Security Taxes Rise, Visa Fee Blocked, Online Charter Boom, Independent School Advantages

(from Society for Human Resource Management) Starting Jan. 1, 2021, the maximum earnings subject to the Social Security payroll tax will increase by $5,100, up from the $137,700 maximum for 2020 to $142,800 in 2021, the

PPP Forgiveness Date Clarified, Cybercriminals Target Teachers, Closure and Enrollment Trends

(from the Journal of Accountancy) The U.S. Small Business Administration (SBA) released guidance Tuesday confirming that Paycheck Protection Program (PPP) loan forgiveness applications are not due on Oct. 31. Fears of a

Drops in Kindergarten Enrollment, Princeton To Pay $1 Million in Back Pay, Less Student Stress?

(From NPR) There has been a 16% drop in kindergarten enrollment among U.S. public schools this fall compared to enrollment numbers in October 2019, according to a study of U.S. public schools by NPR. Despite some reports

Projected 2021 Salary Increases, Using a Hybrid Learning Model to Advance Equity

(From SHRM) One in three U.S. companies responding are lowering their projected salary increases for 2021 amid concerns over weaker financial results and budgetary restraints in the wake of the COVID-19 pandemic, accordi