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<p class="MsoNormal"><span style="font-family:PermianSlabSerifTypeface">Kyle,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:PermianSlabSerifTypeface"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:PermianSlabSerifTypeface">We have not had to address that scenario in Tennessee and we do not have a specific procedure. My gut reaction is to investigate immediately. HCM2 often sounds the death knell for institutions.<o:p></o:p></span></p>
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<p class="MsoNormal" style="text-align:justify"><b><span style="font-family:PermianSlabSerifTypeface">Julie M. Woodruff
</span></b><span style="font-family:PermianSlabSerifTypeface">| Assistant Executive Director and Lead Attorney<o:p></o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><span style="font-family:PermianSlabSerifTypeface">404 James Robertson Parkway, Suite 1900<o:p></o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><span style="font-family:PermianSlabSerifTypeface">Nashville, TN 37243<o:p></o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><span style="font-family:PermianSlabSerifTypeface;color:#17252E"><a href="mailto:julie.woodruff@tn.gov">julie.woodruff@tn.gov</a></span><span style="font-family:PermianSlabSerifTypeface"><o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-family:PermianSlabSerifTypeface;color:#17252E">p. 615-253-8857<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-family:PermianSlabSerifTypeface;color:#17252E">c. 615-906-8106<o:p></o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><span style="font-family:PermianSlabSerifTypeface"><a href="http://www.tn.gov/thec">www.tn.gov/thec</a><o:p></o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><span style="font-family:PermianSlabSerifTypeface">@TNHigherEd<o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif""> S-SARA [mailto:s-sara-bounces@lists.onenet.net]
<b>On Behalf Of </b>Foster, Kyle<br>
<b>Sent:</b> Monday, October 28, 2019 12:36 PM<br>
<b>To:</b> 's-sara@lists.onenet.net'<br>
<b>Subject:</b> [EXTERNAL] [S-SARA] SARA and HCM2<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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</span><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:red">*** This is an EXTERNAL email. Please exercise caution. DO NOT open attachments or click links from unknown senders or unexpected email - STS-Security. ***
</span></b><span style="font-size:12.0pt;font-family:"Times New Roman","serif""><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Calibri Light","sans-serif"">Good afternoon, S-SARA colleagues.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Calibri Light","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Calibri Light","sans-serif"">I hope this Monday is treating everyone well! I wanted to toss out a question to get everyone’s perspectives and hopefully learning something new.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Calibri Light","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Calibri Light","sans-serif"">Our office was cc’d on a letter today informing a SARA-participating institution that they have been placed on Heightened Cash Monitoring 2 (HCM2). The institution
is set to renew in January 2020. Do your states have a procedure when you are notified that a school has been placed on HCM? If so, do you act immediately or wait for the renewal?<br>
<br>
Thanks!<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Calibri Light","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Calibri Light","sans-serif"">Kyle<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Calibri Light","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:18.0pt;font-family:Vijaya">Kyle Foster<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:Vijaya">Assistant Vice Chancellor for Academic Affairs<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:Vijaya">Oklahoma State Regents for Higher Education<o:p></o:p></span></p>
<p class="MsoNormal"><a href="https://urldefense.com/v3/__https:/goo.gl/maps/nMc3YG81uo72__;!dyXff_z6q0o!4FssIeEQNSBgVbIq7r8qcVJzuJ6FWAqZMg9wS1JkcMCydkLPRJvfF_OxL1tzkD_6rrCZPg$"><span style="font-size:12.0pt;font-family:Vijaya">655 Research Parkway, Suite 200
| Oklahoma City, OK 73104</span></a><span style="font-size:12.0pt;font-family:Vijaya"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:Vijaya">P: +1 405 225 9163 | F: +1 405 225 9300 | E:
</span><a href="mailto:kfoster@osrhe.edu"><span style="font-size:12.0pt;font-family:Vijaya">kfoster@osrhe.edu</span></a><span style="font-size:12.0pt;font-family:Vijaya"><o:p></o:p></span></p>
<p class="MsoNormal"><a href="https://urldefense.com/v3/__http:/okhighered.org/__;!dyXff_z6q0o!4FssIeEQNSBgVbIq7r8qcVJzuJ6FWAqZMg9wS1JkcMCydkLPRJvfF_OxL1tzkD_er9h2gQ$"><span style="font-family:Vijaya;color:windowtext;text-decoration:none"><img border="0" width="372" height="82" id="Picture_x0020_1" src="cid:image002.jpg@01D58D8F.2C0766E0" alt="OK_RegentHighEdu_4c_horz"></span></a><span style="font-family:Vijaya"><o:p></o:p></span></p>
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