Title IV

Conducting Remote Audits: Best Practices for Schools

With the advent of the global COVID-19 pandemic and the Department of Education waiving the on-site requirements, auditors had to change the way that…

Updates to the Higher Education Emergency Relief Fund – March 2021

The Department of Education’s Updated Guidance on the Higher Education Emergency Relief Fund (HEERF) Programs for Institutions of Higher Education Now that Higher Education Emergency Relief…

Title IV Common Findings Corner: Quick Hits on Hot Topics

As the pandemic still strongly lingers and most schools have returned to the routine of in-person education, a new administration is settling in, and…

Common Findings Corner: Top 10 Compliance Findings

As much as everyone wants a clean audit each year, chances are that most audits will contain at least one finding. Title IV is…

The Future of Title IV Under the New Administration

With the change in the administration this November, the higher education industry is in line for some likely changes over the next four years….

Overview of Higher Education Emergency Relief Fund II

In December 2020, the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (CRRSAA) legislation passed, which created the Higher Education Emergency Relief Fund II (HEERF II). While similar to the first round of…

What to Consider When Converting from a Title IV School to a Not-for-Profit

Are you a for-profit institution owner considering an entity change? Are you curious what the benefits of being a not-for-profit educational institution are? There…

Updates to the Higher Education Emergency Relief Grants

The Higher Education Emergency Relief Fund (HEERF) was implemented under the CARES Act by the federal government earlier this year. The fund allocations became…

The Long-awaited Implementation of State Authorization Requirements

This has certainly been an interesting year on many levels. The COVID-19 pandemic shook the landscape and ended up delaying a lot of regulations…

Title IV Common Findings Corner: Zone Alternative Requirements

To begin and continue to participate in any Title IV, the Higher Education Act (HEA), program, an institution must demonstrate to the Secretary that…

PPP Loan Accounting Issues for For-Profit Title IV Institutions

Article updated on October 2, 2020 Amongst all of the uncertainty surrounding the COVID-19 pandemic, the U.S. Small Business Administration (SBA) issued the Paycheck…

Title IV Common Findings Corner – COVID-19 Updates

The Department of Education previously released updated guidance on June 16, 2020 for schools that were affected by the COVID-19 pandemic. Though we are…

Clarification on Return of Title IV Funds for Postsecondary Institutions

The entire world is affected by the Coronavirus (COVID-19) pandemic, and many industries are being impacted in different ways. Look no further than postsecondary…

Webinar: Composite Score and Financial Responsibility Changes

Join our expert Raymond Krouse, CPA as he covers how recent accounting standards required the Department of Education to modify terminology used to calculate…

Clarifications of an Institution’s Composite Score

The Department of Education’s clarification of an institution’s calculation of the composite score to confirm with changes in certain accounting standards On September 23,…

CARES Act Provides Educational Relief to For-Profit Institutions

The Department of Education released on April 9, 2020 the provisions and funds authorized for schools under the economic relief approved by the CARES…

Creative Tips for Title IV Institution Leaders to Sustain a Workforce During Uncertain Times

It’s no secret that business owners across industries are concerned about how the next few weeks and even months will affect their livelihoods. You’ve…

What You Need to Know About Final Audit Determination Letters

Final Audit Determination Letters (FADL) are the U.S. Department of Education’s (Department’s) final response to the institution’s annual Student Financial Aid (SFA) compliance audit….

What to Do When You’re Thinking About Selling Your School

An e-mail arrives in your inbox from an investor who is interested in acquiring your school. You have been on their radar for some time…

Sikich Title IV Common Findings Corner – February 2020 Edition

How to Avoid Late Audits An annual compliance and financial audit performed under the Guide for Audits of Proprietary Schools and for Compliance Attestation…