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Articles by Michael T. Wherry, CPA

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ED Provides Some Direction on HEERF Reporting

By Michael T. Wherry, CPA May 12, 2020

The Department of Education (ED) on May 6 provided some clarification about the timing of reporting requirements for institutions that receive Higher Education Emergency Relief Fund (HEERF) grants for students. The same announcement also offered more detail about reporting on institutions’ websites. Section 18004(e) of the CARES Act originally required…

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Update on Higher Education Emergency Relief Fund

By Michael T. Wherry, CPA April 1, 2020

McClintock & Associates has begun to review the Higher Education Emergency Relief Fund which was included in the CARES Act. Within the Act, under Section 18004(a)(1), the U.S. Department of Education (ED) will distribute these funds to all institutions based upon the relative share of full-time equivalent enrollment of Federal…