Higher Ed Colleagues: As we continue to work to understand the impact that the stimulus bills will have on Title IV and businesses, we want to help you do the same. In an effort to keep you informed, we’ve compiled a list of resources that expound on the CARES Act’s impact on...
Hello friends, As we begin another week, we hope you are all doing well and successfully transitioning to new circumstances. We also would like to direct your attention to the Department of Education’s (ED) updated guidance related to Title IV compliance and interruptions of study caused by the COVID-19 outbreak. The update...
As the novel coronavirus (COVID-19) outbreak continues, the headlines probably have been piling up faster than you can read them. As experts in Title IV compliance, we wanted to share with you some recent developments that you’ll find useful. As shared by our friends at NASFAA, bills were introduced in...
The growing coronavirus (COVID-19) outbreak may have already or could affect your students and your institution’s operations, potentially impacting Title IV compliance. In response, the Department of Education (ED) has developed guidance for leaders of postsecondary institutions. We recommend reviewing the guidance, which addresses a number of circumstances and questions raised...
Further highlighting McClintock & Associates’ expertise in the higher-education sector, two members of our team, Luke Hoey and Cathy Demchak, became the only auditors to achieve a new certification designed for financial aid administrators at postsecondary institutions. Offered by the National Association of Student Financial Aid Administrators (NASFAA), the Certified Financial...
Some people make plans to read more. Others buy a gym membership with earnest (if not exactly honest) intention to go a couple times a week. At McClintock & Associates, our New Year’s resolution each year is one we know we can keep: help clients navigate the murky waters of...
The Gramm-Leach-Bliley Act (Act or GLBA) requires schools that participate in Title IV to comply with the standards for safeguarding student information as set forth in 16 CFR Part 314. Student information is defined as any record containing nonpublic personal information whether in paper, electronic, or other form that is...
After committing two years ago to making significant changes to the borrower defense to repayment regulations, the Department of Education (ED) released finalized office rules on Sept. 20, clarifying existing pieces and overhauling many other facets. While these changes affect the nature of claims, procedural steps and items related to...