[S-SARA] SARA and HCM2

[Buono Nicholas]

Wish I could help you Kyle but we do not currently have a policy but, thanks for sharing this request as it is an awareness that I will need as we renew our policies.

Thanks,
Nick

From: S-SARA <s-sara-bounces at lists.onenet.net> On Behalf Of Foster, Kyle
Sent: Monday, October 28, 2019 1:36 PM
To: 's-sara at lists.onenet.net' <s-sara at lists.onenet.net>
Subject: [S-SARA] SARA and HCM2

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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