MELA Minutes 2023-2024

compliance challenges and ensure institutions are prepared for upcoming deadlines and regulatory changes. d. Weekly “Regulatory Roundup” - Krista LeBrun provided updates on the Regulatory Roundup communication initiative. She sought confirmation from attendees regarding the effectiveness and usefulness of the roundup in summarizing regulatory developments and providing relevant links. Krista proposed continuing this approach and asked for any suggestions for improvement. Participants discussed the need to enhance the user-friendliness of the compliance course, acknowledging the recent influx of regulatory updates. Dr. Devon suggested expanding the course's scope beyond distance education to include other regulations affecting colleges, such as gainful employment and inability to benefit policies. Krista agreed to explore options for updating the course to accommodate these changes. In relation to the recent Regulatory Roundup, Krista highlighted the potential impact of the updates and provided a brief overview of key points for discussion. She encouraged participants to review the detailed information provided in the roundup for a comprehensive understanding of the regulatory landscape. The meeting concluded with a commitment to continue providing timely updates through the Regulatory Roundup and to explore options for enhancing the compliance course to address broader regulatory concerns. 1. Cash Management - Krista LeBrun addressed the significant proposed changes in cash management regulations, particularly concerning the inclusion of the cost of books and supplies in tuition and fees. She highlighted the passionate debate surrounding this topic during the negotiated rulemaking sessions, emphasizing the differing perspectives presented by stakeholders.