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Articles by David B. McClintock, CPA

The Updated 90/10 Rule: What’s New and What’s the Same

The Updated 90/10 Rule: What’s New and What’s the Same

By David B. McClintock, CPA May 4, 2022

In March 2021, the Department of Education (ED) reached consensus with non-federal negotiators on a crucial regulation for proprietary institutions: the 90/10 rule. Broadly, the 90/10 rule requires proprietary institutions to receive at least 10% of their revenue from nonfederal educational assistance sources every fiscal year. Because consensus was reached,…

HEERF Annual Reporting Primer

HEERF Annual Reporting Primer

By David B. McClintock, CPA January 20, 2021

During 2020, the Higher Education Emergency Relief Fund (HEERF), included as part of the wide-ranging CARES Act, provided a lifeline to institutions of higher education and their students. As the policy and requirements for both the student and institutional grants evolved over the year, schools were required to post regular…

A Primer on Institutional HEERF Grant Reporting

A Primer on Institutional HEERF Grant Reporting

By David B. McClintock, CPA October 20, 2020

No tricks, a major deadline looms for postsecondary educational institutions just before Halloween. The first round of quarterly reporting for the institutional portion of the Higher Education Emergency Relief (HEERF) Grant is due October 30, meaning institutions cannot delay in preparing and posting their reports. Check out this rundown concerning…

The 13 Major Provisions of Title IX’s Final Rule

The 13 Major Provisions of Title IX’s Final Rule

By David B. McClintock, CPA August 31, 2020

After years of debate, the U.S. Department of Education’s (ED) new Title IX regulations took effect in August. ED’s final rule details the responsibilities of schools that receive federal funds in responding to allegations of sexual assault and harassment. Along with Title IX coordinators, all leaders at postsecondary education institutions…