Business Details
50+ Years
experience
Trusted Compliance Audits for Educational Institutions
Founded in 1975, McClintock & Associates has specialized in delivering precise financial compliance solutions for educational institutions for over five decades. Our expertise in Title IV regulations, combined with a team of 10 financial aid veterans and 7 Certified Financial Aid Administrators (FAAC), enables us to provide actionable strategies tailored to the unique challenges faced by for-profit and nonprofit schools. We prioritize year-round proactive planning, ensuring clients stay ahead of evolving regulatory changes while minimizing operational disruptions.Our proven audit processes, refined over 50 years, emphasize efficiency and client collaboration, allowing institutions to focus on student success rather than compliance burdens. With a 98% client satisfaction rate, we remain committed to transforming complex regulatory landscapes into clear, actionable pathways for our clients.
Services
Financial Statement Audits
Title IV Compliance Audits
90/10 Rule Consulting
Single Audit Services
Program Review Preparation
Composite Score Analysis
Acquisition Due Diligence
Regulatory Compliance Training
EZ-Audit Submissions
Federal Aid Consulting
Details
- Year established: 1975
Highlights and features
- 50+ years specializing in Title IV compliance for educational institutions
- Team includes 7 Certified Financial Aid Administrators (FAAC)
- Year-round regulatory tracking and proactive compliance planning
- 98% client satisfaction rate with tailored audit solutions
- Frequent industry conference speakers and policy advisors
Associations and certifications
- Certified Financial Aid Administrators (FAAC)
What people say
True game changer
Efficient and accommodating
Excellent service
Batteries included team
Pain-free EZ-Audit
Services
Financial Statement Audits
Specialized financial statement audits for postsecondary institutions ensure GAAP compliance and accurate reporting. Our 50-year focus on educational entities enables efficient processes that minimize disruption while maintaining regulatory standards. Clients benefit from audit teams that understand institutional operations and financial aid complexities.
Title IV Compliance Audits
Comprehensive Title IV compliance audits address evolving federal student aid regulations. Our certified experts combine institutional experience with proactive planning to ensure compliance while reducing administrative burdens. Services include policy reviews, procedural documentation, and audit defense support for both for-profit and nonprofit schools.
90/10 Rule Consulting
Custom 90/10 rule compliance solutions feature automated calculation models, footnote disclosures, and error-checking systems. This service reduces manual processing time by 90% while ensuring audit-ready accuracy. Clients receive ongoing support for regulatory changes affecting federal funding calculations.
Single Audit Services
Single audit services ensure compliance with federal funding requirements for nonprofit institutions. Our approach combines financial statement verification, federal award compliance checks, and internal control assessments to meet OMB Circular A-133 standards while providing actionable operational improvements.
Program Review Preparation
Mock program reviews simulate Department of Education evaluations to identify compliance gaps before official audits. Services include policy assessments, documentation reviews, and corrective action planning to minimize findings during actual program reviews for nonprofit educational institutions.
People
Eddie Alkhal
Director of Operations
With extensive experience in educational operations, Eddie Alkhal leads compliance initiatives at Prism Career Institute. He implemented McClintock's 90/10 model to streamline compliance processes and reduce administrative burdens.
Michael Hargrave
VP of Financial Aid
As VP of Financial Aid at American Career College, Michael Hargrave oversees federal aid compliance. He transitioned audit services to McClintock for their specialized expertise in educational institution compliance requirements.
Jessica Sanders
Chief Compliance Officer
Jessica Sanders manages regulatory compliance for Ancora Education. She recognizes McClintock & Associates as the industry's premier auditing firm for their deep understanding of postsecondary education compliance challenges.
Chris Albecker
Senior Manager
CPA Chris Albecker specializes in 90/10 compliance with nearly two decades of experience. He develops practical solutions for proprietary institutions navigating complex federal funding regulations and audit requirements.
Elaine Neely
Chief of Staff
As Post University's Chief of Staff, Elaine Neely coordinates institutional due diligence processes. She commends McClintock's professionalism and transparent communication during acquisition compliance evaluations.
Questions
What compliance services do you offer for educational institutions?
We provide Title IV compliance audits, financial statement audits, 90/10 rule consulting, single audits, and program review preparation tailored to both for-profit and nonprofit schools.
How do you help schools with the 90/10 rule compliance?
Our proprietary 90/10 compliance model automates calculations, generates audit-ready disclosures, and reduces processing time from weeks to hours while ensuring regulatory accuracy.
What experience do your auditors have?
Our team includes 10 financial aid veterans and 7 Certified Financial Aid Administrators (FAAC) with collective experience spanning 50+ years in educational institution compliance.
How do you handle regulatory changes affecting compliance?
We track Title IV regulation changes year-round and provide proactive updates to help clients adapt their compliance strategies before deadlines arrive.
What regions do you serve?
While based in Pennsylvania, we serve educational institutions nationwide through both on-site and remote compliance support solutions.
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