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Top Story
Attack on Iran
Recently, the US and Israel attacked Iran, killing the country’s leader and senior officials and igniting a regional conflict. Countries directly involved include: Iran, Iraq, the United Arab Emirates (UAE), Qatar, Kuwait, Bahrain, Oman, Jordan, Lebanon, Syria, Cyprus, Türkiye, and Saudi Arabia.
Two students were among the six US servicemen who have been killed: Webster University student Cody Khork, a captain in the Army, and Drake University student Declan Coady, a member of the US Army Reserve.
The State Department advised US citizens to leave the area. However, efforts to evacuate have been complicated by airspace and embassy closures, reductions in staffing, and the high number of vacant ambassadorships. Many students, researchers, and staff may still be stranded. Institutions that offer programs or have branches or satellites in volatile areas advise stranded students and staff to follow shelter-in-place directives. In less dangerous areas, they've pivoted to remote instruction.
The conflict may affect internet access and cloud services here in the states. Amazon, whose services are used by many universities, businesses, and municipalities, reported that drones damaged its facilities in the UAE and Bahrain. Some services were disrupted. The company recommends migrating workloads to servers located elsewhere.
Cyberattacks have also been a feature of the conflict. Although Iran has not responded in kind to the cyberattacks targeting its communications, experts recommend increasing cybersecurity vigilance. In view of this, campus leadership should remind all members of the community to:
- Use antivirus and malware protection,
- Use limit tracking options when offered,
- Avoid opening email attachments from unknown senders,
- Avoid clicking on links sent via email, voice mail, or text,
- Avoid bypassing security features such as invalid certificate warnings,
- Avoid connecting to unsecured Wi-Fi networks,
- Install patches and updates in a timely fashion,
- Backup data and test the viability of backups,
- Use strong passwords,
- Use multi-factor authentication,
- Verify checksums when offered,
- Change passwords regularly,
- Keep router firmware up-to-date,
- Disable ports that are not being used, and
- Secure printers and other internet-enabled (IoT) devices.
Note that there are several fake reports and videos circulating online. These can cause distress and confusion. In addition to providing regular status updates about those stranded overseas, administrators may want to increase access to mental health professionals and counseling. Read updates on the Chronicle of Higher Education and Inside Higher ED.
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What's Happening in Higher ED
News |
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Endowment Performance
An annual study of higher education endowments by National Association of College and University Business Officers (NACUBO) and Commonfund shows endowment performance slipped slightly year-over-year with a 10.9 percent return for 2025, down from 2024’s 11.2 percent. Endowment withdrawals increased 11 percent during the same period. Nearly half of that went to student financial aid and a significant portion of the remainder was spent of academic programs and research. HBCU Money offered insights into how participating HBCUs fared. Read more.
Payments to Student-Athletes
Counter offers are being made to student-athletes whose Name Image and Likeness (NIL) contract details have become public. Although some contracts include anti-disclosure clauses, many do not. The information is being used by street agents to lure student-athletes with higher offers. Some institutions refuse to disclose the information citing the Federal Family Education Rights and Privacy Act (FERPA). However, there is no consensus on whether the FERPA actually remains in effect once a NIL contract is signed. Some states have stepped in, with at least five enacting laws that block access to contract details. Experts recommend institutions reject Freedom of Information Act requests to mitigate the risk.
States Use Federal Earnings Test
States have begun to use the earnings test included in the One Big Beautiful Bill Act (OBBBA) to eliminate programs at public institutions. OBBBA stipulated that federal student loans could not be used to pay tuition for programs whose graduates’ earnings fell beneath a pre-determined threshold. Although the Department of Education (ED) has not yet finalized implementation of that rule, bills introduced in several states would shutdown such programs. A recent report shows for-profit institutions would be hit the hardest. A few artistic and certificate programs at private and public institutions could also be affected. However, the report concluded that since most programs at HBCUs and MSIs pass the earnings test, they are unlikely to see any disruption in student loan access. Read more.
Institutions Abandon Project that Helped Minorities
The Department of Education Office for Civil Rights announced that several institutions agreed to end participation in The PhD Project. The project was formed to diversify business school faculty by helping historically underrepresented students pursue doctoral degrees in the field. ED claimed participation in the program violates Title VI because the program specifically targets Black, Hispanic, and Native American professionals. ED opened investigations into forty-five participating institutions. However, the agreements that end thirty-one of those investigations go further than requiring institutions to cancel their memberships. They require signatories to examine other relationships with a view toward rooting out diversity initiatives unrelated to the project.
Revision of TRIO Program
In a process that has now become standardized, the Justice Department declined to defend ED in a lawsuit challenging the constitutionality of the Ronald E. McNair Postbaccalaureate Achievement Program. The TRIO program, named for a Black astronaut who died in the 1986 US Challenger explosion, is open to first-generation low-income students of any race and students from groups that are underrepresented in graduate education. ED agreed to use its rulemaking authority to strip the underrepresentation component from the eligibility rules. Critics say the move will roll back access and opportunity for underrepresented groups.
Addressing Immigration-Related Concerns
An issue brief released by the American Council on Education provides information to help administrators keep track of federal immigration policies. Topics in the report include DACA recipients, undocumented students, visa applicants, travel bans, temporary protected status, and FERPA protections.
Update on International Enrollment
Initial reports on the decline of international students awarded F-1 visas during the summer of 2025 placed the decrease at less than 20 percent. However, that projection was based on limited data released by the State Department. Consequently, it underestimated the impact of federal restrictions—particularly on students hailing from India, Nigeria, and Ghana. As more recently released data show, year over year, the State Department issued 97,000 fewer visas during May-August 2025. That 36 percent decline represents over $1,000,000,000 in lost revenue for colleges and universities. Read more on Academic Jobs and the Chronicle of Higher Education.
Re-accreditation Progress Gathering Steam
Barber-Scotia College has satisfied over 80 percent of the requirements to secure accreditation by the Transnational Association of Christian Schools, Colleges, and Universities (TRACS). The institution is focused on strengthening its finances and establishing relationships with other HBCUs in North Carolina. President Chris V. Rey, J.D., hopes to forge an academic identity for the college focused on data analytics and Ai. Read more on the University Business and the Barber-Scotia websites.
Interagency Agreements
As it continues to reduce itself, ED announced agreements that will outsource work to the Department of State (DOS) and the Department of Health and Human Services (HHS). The DOS will manage enforcement of Section 117 foreign contract and gift reporting. HHS will manage Project SERV, School Safety National Activities, Ready to Learn Programming, Full-Service Community Schools, Promise Neighborhoods, and Statewide Family Engagement Centers. Critics question ED's authority to make such agreements and note that layoffs and inexperience may cause problems.
Federal Civil Rights Law Considerations
The Legal Defense Fund published a list with links to guidance documents that have been removed from government websites. The documents contain accepted interpretations of civil rights laws, including Title VI—a statute ED has cited in enforcement actions.
Litigation over Loan Repayment Plan Continues
A federal court expected to approve an agreement between the Department of Education (ED) and several states did not do so. The settlement agreement would have ended the Saving on a Valuable Education Plan (SAVE). However, finding the parties no longer had any dispute, the court dismissed the lawsuit instead. Judge John Andrew Ross noted that provisions of the OBBBA wind down the plan over a three-year period. Observers say the dismissal leaves SAVE in place and may obligate ED to follow through on its loan forgiveness provisions. The states asked the court to stay the dismissal while they file an appeal.
Atlanta HBCUs Move Forward with Public-Private Partnership
The Develop Fulton Board approved issuance of up to $144,460,000 in bonds to finance a project that will provide housing for students attending Morehouse and Spelman Colleges. Construction of the facility, on land located between the two institutions, is expected to begin this spring.
Land-grant HBCUs Sign Memorandum of Understanding
The Department of Agriculture (USDA) and the Council of 1890 Universities signed an agreement to renew and expand collaborative efforts. It establishes a task force to ensure HBCU Land-grant Universities (1890 HBCUs) can participate in federal programs. Citing provisions in the April 2025 executive order that reestablished the White House Initiative on HBCUs, the agreement focuses on expanding workforce development, strengthening institutional capacity, supporting community outreach, and addressing sustainability issues. Read more.
Help for New Presidents
The Council of Independent Colleges added recordings and other slides from the 2026 New Presidents Program to their resource page. The forum was held in January. The videos cover financial fundamentals, federal advocacy, communications, and building resilience. Other organizations that offer help to new presidents include the Executive Leadership Institute, the Higher Education Leadership Foundation, and the Millennium Leadership Initiative.
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Additional Reading
Reports |
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Upheaval on Four Fronts
Higher education consultants, EAB, released Higher Ed State of the Sector 2025-26 report. The authors discuss the impact of facing challenges related to politics, finances, demographics, and technology simultaneously.
Annual Endowment Survey
The National Association of College and University Business Officers and the Common Fund released their annual study of endowments. HBCU Money posted a list of the top 10 HBCU endowment changes and other data for HBCUs from fiscal year 2025.
Heritage Foundation Doubles Down
The organization that authored Project 2025, released a follow-up report, Themes of Higher Education Reform. The latter encourages the administration to keep the pressure on colleges and universities while dismantling the Department of Education, privatizing services, promoting neutrality, further dismantling DEI, and overhauling accreditation. Inside Higher Ed published a review.
Congressional Budget Office
The Budget and Economic Outlook: 2026 to 2036, released by the Congressional Budget Office (CBO) briefly touched on the impact of recent changes made to federal student aid. The CBO is a a non-partisan federal agency created to provide budge analysis and forecasts to Congress. Its findings suggest changes to the federal student loans may not offset increases needed to fund expansion of the Pell Grant Program. The changes may also trigger enrollment declines.
Debt Levels Decline at Public Institutions in Kentucky
A report from the Kentucky Council on Postsecondary Education shows an increase in the percentage of students graduating without student loan debt from the state’s public institutions. The report cites increases in grants, scholarships, financial literacy instruction, and dual credit as contributing factors.
Study Overlooks Important Factor
A recent report that attributed a hefty increase in the number of first-year students requiring remedial math to the pandemic and to enrollment of more low-income students failed to note another possible cause—changes in the testing policy. In prior years, students were permitted to use calculators. That policy changed in 2024. Enrollment of low-income, English learners, and foster youth was not increasing at the time. A new report looks at the data and questions the conclusions of the prior report. Source.
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Who's Who, Who's Where
Leadership |
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Texas Southern University
Texas Southern University named Dr. Rodney D. Smith senior vice president and chief administration officer. Dr. Smith has served in administrative positions at Hampton University and as president of the University of the Bahamas and New Jersey’s Ramapo College. He holds degrees from Fisk University, Saint John’s University, and Harvard University. Read more.
Voorhees University
The Board of Trustees of Voorhees University has elected to extend the contract of Dr. Ronnie Hopkins. Dr. Hopkins has served as president and chief executive officer since 2021. Under his leadership the institution transitioned from a college to a university and launched several graduate and post-graduate programs.
Albany State University
Albany State University appointed Dr. Allen P. Vital vice president for strategy and university affairs. Dr. Vital is an experienced senior administrator. He most recently hails from the Southern University System, Alabama A&M University, and Xavier University of Louisiana.
Spelman College
Attorney Breana M. Ware was appointed inaugural general counsel by Spelman College. Ms. Ware has experience in both academic and corporate arenas.
Morehouse School of Medicine (MSM)
MSM named Mr. Todd Greene senior vice president for institutional relations. Mr. Green’s experience includes leadership positions at the Urban Institute, the Federal Reserve Bank of Atlanta, and the Atlanta University Center Consortium. Read more.
Hampton University
The White House Correspondents’ Association named Ms. Julia A. Wilson chair of the Aldo Beckman Awards Committee. The committee bestows the award to a journalist for outstanding coverage of the White House. Ms. Wilson is the dean of Hampton University Scripps Howard School of Journalism and Communications. Dean Wilson is a former journalist, co-founder of Simeka, and founder and CEO of Wilson Global Communications.
HBCU Administrator to Lead National Organization
The National Association of Student Financial Aid Administrators (NASFAA) elected Dr. Sharon Oliver chair for the 2027-2028 academic year. Currently the associate vice chancellor for enrollment management at North Carolina Central University, Dr. Oliver has served on the NASFAA board of directors for several years.
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Funding, Gifts, and Donations
Grants |
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Morgan State University
Ms. Vianna Briscoe, a Morgan State University alumna, donated $2,000,000 to her alma mater. The funds establish the Vianna Briscoe and Timothy Weldon Endowed Scholarship Fund in memory of her late husband, also a Morgan alumnus. The scholarship will be awarded to students who demonstrate financial need and meet other eligibility requirements.
Delaware State University
The Department of Agriculture awarded Dr. Vincent Fondong a four-year $1,130,000 grant to support research into a protein found in Potato Virus Y, a virus that infects potatoes and other tubers. Dr. Fondong is a professor of biological science and biotechnology.
University of Arkansas at Pine Bluff
The Walton Family Foundation awarded $512,925 to the University of Arkansas at Pine Bluff to support its Emerging Scholars Leadership Institute. The institute provides internships, mentorships, and professional skill development initiatives. It focuses on assisting first-generation and underrepresented students as they transition from the classroom to careers.
Consortium for Inclusive Postsecondary Education and Transition
The Department of Education awarded a $2,000,000 grant to a consortium formed by the University of Arkansas at Pine Bluff, Arkansas State University-Jonesboro, and Arkansas State University-Mountain Home. The consortium will provide assistance to institutions that have inclusive postsecondary education and transition programs.
North Carolina A&T State University
The Department of Agriculture awarded Dr. Shengmin Sang a four-year, $1,046,500 grant to study the feasibility, sustainability, and anti-diabetic impact of incorporating aspects of the Mediterranean-style diet into the traditional diet of the southern USA. Dr. Sang is a researcher in the university’s Center of Excellence in Post-Harvest Technologies.
LeMoyne-Owen College
FedEX awarded $500,000 to LeMoyne-Owen College Business Department. The funds will be used to fortify workforce and job readiness programs, provide student support services, support entrepreneurship and innovation training, and award scholarships.
Huston-Tillotson University
An anonymous donor gifted $50,000 to the Huston-Tillotson University volleyball program. The team just completed its first year of participation in the NAIA HBCU Athletic Conference where it advanced to the semifinals in postseason competition.
Alabama State University
Dr. Sreelakshmi Krishnakumar received a $25,000 award from the Breast Cancer Research Foundation of Alabama to study the relationship between alcohol consumption, hormone imbalance, and cancer development. Dr. Krishnakumar is a postdoctoral researcher in the university’s Cancer Research Center.
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Compliance
Federal Student Aid
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Campus-Based Programs Closeout
Federal Student Aid (FSA) announced it will complete closeout of 2024–25 Campus-Based program awards by March 16, 2026. Institutions must reconcile authorized Federal Work-Study and Supplemental Educational Opportunity Grant awards. Note that a negative balance
cannot be resolved by submitting a late FISAP correction. FSA will not reinstate an unexpended amount de-obligated from G5 at closeout for any reason.
Training Conference
The Federal Student Aid Conference will be limited to 2,000 attendees. Only one individual per eligible school may attend. The conference sessions will be recorded and made available later but they will not be streamed live. The agenda includes Birds of a Feather, an informal session for attendees from HBCUs and TCUs. Read the FAQ.
Default Management and Prevention Plans
FSA published nonpayment rates for institutions and requests institutions update, maintain, and execute robust default management and prevention plans to prevent sanctions. A webinar on the topic is available through the FSA Training Center (login required). Read more.
Software Update
A new service release available for EDExpress for Windows 2025–26, Release 2.0 updates the Direct Loan, Pell Grant, and TEACH Grant modules to report a value of “US” for the Country Code field to the COD System if the student is a resident of a US Territory such as Puerto Rico, the US Virgin Islands, Guam, the Northern Mariana Islands, or American Samoa. Read more.
Handbook Available
FSA released a partial version of the 2026-2027 Common Origination and Disbursement (COD) Technical Reference which contains development information for the 2026–27 award year. Note that recent updates to the Higher Education Act of 1965, as amended (HEA), went into effect in July 2025 or will go into effect July 1, 2026. Although some final rules have not yet been published, ED is drafting presentations and documents in advance to assist stakeholders in preparing for the changes. Read more. (Scroll to see links to all available volumes.)
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Webinars, Forums, Conventions
Events
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Event: SXSW
Date: March 9-12, 2026
Location: Austin, TX
Information: Details
Event: University-Industry Demonstration Partnership Contracting Forum
Date: March 11-12, 2026
Location: Scottsdale, AZ
Information: Details
Event: HBCU Engage 2026
Date: March 25-26, 2026
Location: Cary, NC
Information: Details
Event: AGB 2026 National Conference on Trusteeship
Date: March 28-30, 2026
Location: Denver, CO
Information: Details
Event: The 2026 Association of Blacks in Higher Education (AABHE) Annual Conference
Date: April 11-14, 2026
Location: Baltimore, Maryland
Information: Details
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About this Publication
WPG HBCU News is a monthly email published by the Wesley Peachtree Group, CPAs (WPG) as a service to the sector. It consists of short summaries of news articles, government regulations, and announcements found online.
WPG HBCU News is available at no cost to HBCU administrators, trustees, and senior stakeholders. It is not intended as legal or financial advice. WPG's staff, writers, editors, publishers, web hosts, email distributors, and others involved with the production and presentation of this newsletter are not liable for errors, omissions, losses, injuries, or damages arising directly or indirectly from use of this newsletter or any information presented therein.
WPG is a full-service accounting firm serving privately held businesses and clients in the education, government, faith-based, and not-for-profit sectors. We specialize in higher education with a particular emphasis on minority-serving institutions. We hope you find this publication useful and welcome your feedback. |
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The Wesley Peachtree Group, CPAs
Atlanta Office:
1475 Klondike Road, Suite 100,
Conyers, Georgia, 30094
+1 404-874-0555
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