Reporting, Disclosure & Filing Calendar

As part of the program participation agreements signed in connection with financial aid, the college must complete surveys conducted as a part of the Integrated Postsecondary Education Data System (IPEDS) or any other Federal postsecondary institution data collection effort, as designated by the Secretary of Education. Surveys are to be completed in a timely manner and to the satisfaction of the Secretary. Filing the required IPEDS forms also fulfills certain reporting requirements under Titles VI and VII and the ADA.  These surveys are reflected below in the appropriate month. 20 U.S.C. § 1094(a)(17); 34 C.F.R. § 100.6; 29 C.F.R. §§ 1602.48-50

This calendar highlights import reporting deadlines for institutions of higher education. While most reports listed below are in accordance with state or federal requirements, this calendar also reflects reports submitted as part of institutional best practice or consortial obligation (denoted by asterisk).

Colorado Department of Higher Education Request for Payment (Financial Aid)

Used by local district colleges, area vocational-technical schools, private institutions and proprietary schools in Colorado. Collects data on financial aid funds aid by type and amount utilized and committed. Due to the Department of Education in January.  

American Association of University Professors (AAUP) Faculty Compensation Survey*

Collects salary and benefit data for full-time faculty by gender and rank as well as percent change from prior year. Due to AAUP early to mid-January

Wage and Tax Statements (W-2 Forms) (26 CFR §31.6051-1)

By January 31st of the year succeeding the calendar year in which wages were paid to an employee, the institution must prepare and send to each employee and the IRS Form W-2s.

Tuition Payment Credit Reporting (26 U.S.C. §6050S’ 26 CFR 1.6050S-2T)

Under IRC 6050S, lenders, including most colleges and universities that participate in the Perkins Loan Program or operate institutional loan programs, must report student loan interest payments to the IRS. An institution or insurer must furnish a statement to each individual for whom it is required to file a Form 1098-T, on or before January 31st of the year following the calendar year in which payments were received, or amounts were billed, for qualified tuition and related expenses, or reimbursements, refunds, or reductions of such amounts were made.

Student Loan Interest Reporting (26 U.S.C. §6050S)

As a participant in the Perkins Loan Program, the institution must provide statements to all persons who made student loan interest payments on or before January 31st of the year following the calendar year in which the interest payments were received. The statement may simply be a copy of Form 1098-E.

Annual Return of Withheld Federal Income Tax (Form 945)

Due January 31st but can be filed February 10th if deposits were made on time in full payment of taxes for the year.

Form 1099 – Miscellaneous Income (Recipient)

Return filed to reflect miscellaneous income, distributions from pensions, annuities, retirement or pension plans, and other sources. Reporting to the recipient is due January 31st: reporting to the IRS is due March 31st.

College and University Professional Association for Human Resources (CUPA-HR) Faculty in Higher Education, Administration in Higher Education, Professionals in Higher Education, Non-Exempt Staff in Higher Education Salary Surveys*

Set of four reports due to CUPA-HR in mid-to-late January.

Fringe Benefits (26 U.S.C. § 132)

Any property or service (or cash under certain circumstances) provided to an employee in addition to or in lieu of regular wages will be a taxable fringe benefit to the employee, unless specifically excluded by statute. Any fringe benefit is taxable and must be included in the recipient's pay unless the law specifically excludes it. Must report the actual value on Forms 941 (or Form 944) and W-2. The employer can use a separate Form W-2 for fringe benefits and any other benefit information. The actual value of fringe benefits provided during a calendar year (or other period as explained under special accounting rule) must be determined by January 31st of the following year.

Reporting of Payments of Royalties - Payment Recipients (20 U.S.C. § 6041 26 U.S.C. § 6050N)

Those who make payments to attorneys aggregating $600 or more per calendar year in connection with legal services must file an information return for such payments. This requirement applies whether or not the services were performed for the payor, so for example, if the institution was a defendant in a lawsuit, and was required to pay attorney’s fees, this rule would apply. The filer must also provide to the attorney a written statement of the information required to be included on the return. Note that employers must report entire settlement amounts, including the amount paid to the attorneys, as income to the plaintiff, and also prepare a Form 1099 reporting the amount paid to the attorneys as income to the attorneys. Annual reporting is required for payments: Of $400 or more made for non-payroll purposes; Of $10 or more made for royalties; and made to attorneys not performing services under a contract with the institution. Reporting is done on Form 1099-MISC. Deadline to payment recipients is January 31st. Deadline for reporting to the IRS is February 28th.

State of Colorado Withholding Tax - Annual Reconciliation

In addition to reporting wage withholding tax throughout the year (weekly, monthly or quarterly), employers are required to also submit an annual information return and W-2s to the Colorado Department of Revenue. W-2s must be filed with the Department and furnished to the employee/payee on or before the last day of January. A penalty may be assessed for each W-2 that is filed late. Beginning with calendar year 2016, all employers must submit wage and tax statements to the Department no later than January 31.

Reporting of Foreign Donations (Higher Education Opportunity Act Title VI, Sec. 628(a)-(b))

Section 1011(f) mandates that, whenever schools are owned or controlled by a foreign source, or receive a gifts from or enters into contracts with a foreign source totaling more than $250,000 within a calendar year, the school shall file a disclosure report with the Secretary of Education. By January or July 31st of each year, whichever is sooner depending on the time of the gift, the college must file a disclosure report about any contribution from a foreign entity (whether a foreign government or private sector or foundation) received by a program or center that is a recipient of Title IV funds. Criteria for disclosure are that the amount of the contribution (including cash and the FMV of any property) is greater than $250,000 and all or a significant portion of the contribution will be used by the program or center.

Colorado Department of Public Health & Environment Greenhouse Gas Emissions Permit

Semi-Annual Report required to be sent to Colorado Department of Public Health & Environment for Williams Heating Plant Permit 00EP0124. Generally due in late January for July - December of prior year.

Report an issue - Last updated: