[S-SARA] SARA and HCM2

[Foster, Kyle]

Good afternoon, S-SARA colleagues.

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.

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?

Thanks!

Kyle

Kyle Foster
Assistant Vice Chancellor for Academic Affairs
Oklahoma State Regents for Higher Education
655 Research Parkway, Suite 200 | Oklahoma City, OK 73104<https://goo.gl/maps/nMc3YG81uo72>
P: +1 405 225 9163 | F: +1 405 225 9300 | E: kfoster at osrhe.edu<mailto:kfoster at osrhe.edu>
[OK_RegentHighEdu_4c_horz]<http://okhighered.org/>

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