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<p class="MsoNormal"><b><span style="font-family:"Georgia",serif">Courtesy of Marianne Boeke of NC-SARA<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif">NC-SARA scheduled a webinar for July 22, 2020. This webinar is only for state portal staff, regional compact staff, and NC-SARA staff.
<o:p></o:p></span></p>
<div style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 1.0pt 0in">
<p class="MsoNormal"><span style="font-family:"Georgia",serif"> <o:p></o:p></span></p>
</div>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-family:"Arial",sans-serif">NC-SARA Webinar:
<b>The Importance of Institutional Financial Stability for NC-SARA: The Role of Heightened Cash Monitoring</b></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-family:"Arial",sans-serif">Date: July 22, 2020</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-family:"Arial",sans-serif">Time: 2 pm Eastern / 1 pm Central / Noon Mountain / 11 am Pacific</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-family:"Arial",sans-serif">Registration Link:
<u><span style="color:blue"><a href="https://nam05.safelinks.protection.outlook.com/?url=https%3A%2F%2Fus02web.zoom.us%2Fwebinar%2Fregister%2FWN_CwSRRW3wTQay0MdzAs8EJA&data=02%7C01%7Celisa.jaden%40sreb.org%7C942c9cf820924b54a9af08d816d15ff1%7Ceb20950b168c497a98452b099844f3ef%7C0%7C0%7C637284435804071063&sdata=oXuC1STNJu%2FHJkjoff%2BP1WOERUv2wkKYzZCP%2FSL5t3o%3D&reserved=0">https://us02web.zoom.us/webinar/register/WN_CwSRRW3wTQay0MdzAs8EJA</a></span></u></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b><span style="font-family:"Arial",sans-serif">The Importance of Institutional Financial Stability for NC-SARA: Heightened Cash Monitoring 101</span></b><o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:7.5pt;vertical-align:baseline"><span style="font-family:"Arial",sans-serif">The U.S. Department of Education (USDE) may place an institution on Heightened Cash Monitoring (HCM) to closely monitor its cash management.
This means the institution is subject to greater financial oversight than other institutions participating in federal aid programs. The USDE’s HCM List comes out quarterly, naming the institutions that have various financial concerns such as accreditation
problems or missing audits, as well as institutions that exhibit financial difficulties. This webinar gives an in-depth review of HCM: </span><o:p></o:p></p>
<ul type="disc">
<li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l3 level1 lfo3">
<span style="font-family:"Arial",sans-serif">What is the HCM list?</span><o:p></o:p></li><li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l3 level1 lfo3">
<span style="font-family:"Arial",sans-serif">What is the difference between HCM1 and HCM2?</span><o:p></o:p></li><li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l3 level1 lfo3">
<span style="font-family:"Arial",sans-serif">How do you read a HCM report?</span><o:p></o:p></li><li class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l3 level1 lfo3">
<span style="font-family:"Arial",sans-serif">What actions should a state take based on HCM?
</span><o:p></o:p></li></ul>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-family:"Arial",sans-serif">In addition, NC-SARA staff will review the Federal Financial Responsibility Composite Scores & Heightened Cash Monitoring (HCM) Process
Document. This webinar will be recorded.</span><o:p></o:p></p>
<p class="MsoNormal"><b><span style="font-family:"Arial",sans-serif">Presenters:<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><o:p> </o:p></span></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoListParagraph" style="margin-left:0in;mso-list:l0 level1 lfo6"><span style="font-family:"Arial",sans-serif">Kristina Powers, Ph.D., President, Institute for Effectiveness</span><o:p></o:p></li><li class="MsoListParagraph" style="margin-left:0in;mso-list:l0 level1 lfo6"><span style="font-family:"Arial",sans-serif">Lori Williams, Ph.D., President & CEO, NC-SARA</span><o:p></o:p></li><li class="MsoListParagraph" style="margin-left:0in;mso-list:l0 level1 lfo6"><span style="font-family:"Arial",sans-serif">Marianne Boeke, Ph.D., Director for Policy Research and State Support, NC-SARA</span><o:p></o:p></li></ul>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">For questions about the webinar and/or the content, please contact Marianne Boeke at NC-SARA.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">SARA<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">Southern Regional Education Board<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">(404) 879-5517<o:p></o:p></span></p>
<p class="MsoNormal"><u><span style="font-size:12.0pt;font-family:"Georgia",serif;color:blue"><a href="mailto:sara@sreb.org">sara@sreb.org</a></span></u><o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
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