FAC Explorer

Audit 21467

FY End
2022-06-30
Total Expended
$277.63M
Findings
0
Programs
244
Organization: Clemson University (SC)
Year: 2022 Accepted: 2022-10-30
Auditor: Elliott Davis LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Loans $112.01M - 0
84.425 Covid 19 - Higher Education Emergency Relief Fund (heerf)- Student Portion $18.22M Yes 0
84.063 Federal Pell Grant Program $15.77M - 0
84.038 Federal Perkins Loan Program Federal Capital Contributions $4.29M - 0
10.511 Smith-Lever Funding (various Programs) $2.06M - 0
93.563 Child Support Enforcement $1.55M Yes 0
12.RD Virtual Prototyping of Ground Systems (vipr-Gs) $1.20M Yes 0
47.070 Computer and Information Science and Engineering $1.07M Yes 0
84.423 Supporting Effective Educator Development Program $1.06M Yes 0
10.202 Cooperative Forestry Research $872,940 Yes 0
84.033 Federal Work Study Program $855,912 - 0
10.514 Expanded Food and Nutrition Education Program $849,597 - 0
84.007 Federal Supplemental Educational Opportunity Grants $789,605 - 0
93.319 Outreach Programs to Reduce the Prevalence of Obesity in High Risk Rural Areas $759,170 Yes 0
93.866 Aging Research $725,238 Yes 0
93.247 Advanced Nursing Education Grant Program $677,376 Yes 0
93.RD Quality Assurance Services for the Bureau of Long Term Care Services (federal) - Year 1 Fy22 $655,586 Yes 0
93.273 Alcohol Research Programs $500,950 Yes 0
93.279 Drug Abuse and Addiction Research Programs $500,372 Yes 0
12.910 Research and Technology Development $497,320 Yes 0
10.519 Equipment Grants Program (egp) $448,882 Yes 0
81.086 Conservation Research and Development $412,750 Yes 0
84.425 Covid 19 - Higher Education Emergency Relief Fund (heerf)- Institution Portion $393,293 Yes 0
98.001 Usaid Foreign Assistance for Programs Overseas $353,847 Yes 0
93.839 Blood Diseases and Resources Research $351,907 Yes 0
12.RD Smart Configuration Optimizer Through Transformative Analytics (scotty) $289,445 Yes 0
12.RD Incorporating Matrix Diffusion in the New Modflow Flow and Transport Model for Unstructured Grids $275,067 Yes 0
12.420 Military Medical Research and Development $268,301 Yes 0
12.800 Air Force Defense Research Sciences Program $267,479 Yes 0
47.076 Covid-19-Education and Human Resources $265,462 Yes 0
12.RD Point-Of-Injury Application of Hydrogel Embedded Dexamethasone for Severe Traumatic Brain Injury $228,424 Yes 0
10.203 Payments to Agricultural Experiment Stations Under the Hatch Act $218,502 Yes 0
81.113 Defense Nuclear Nonproliferation Research $215,699 Yes 0
12.901 Mathematical Sciences Grants Program $213,020 Yes 0
84.200 Graduate Assistance in Areas of National Need $209,176 Yes 0
12.630 Basic, Applied, and Advanced Research in Science and Engineering $203,647 Yes 0
84.365 English Language Acquisition State Grants $190,901 Yes 0
20.RD Vulnerable and Disabled Road Users: Considerations Inside and Outside the Vehicle $170,838 Yes 0
10.674 Wood Utilization Assistance $163,773 Yes 0
93.879 Medical Library Assistance $160,720 Yes 0
66.700 Consolidated Pesticide Enforcement Cooperative Agreements $154,385 - 0
93.847 Diabetes, Digestive, and Kidney Diseases Extramural Research $146,095 Yes 0
47.076 Education and Human Resources $144,840 Yes 0
59.037 Small Business Development Centers $143,481 - 0
43.001 Science $141,406 Yes 0
81.117 Energy Efficiency and Renewable Energy Information Dissemination, Outreach, Training and Technical Analysis/assistance $139,242 Yes 0
93.846 Arthritis, Musculoskeletal and Skin Diseases Research $132,004 Yes 0
81.089 Fossil Energy Research and Development $130,641 Yes 0
11.020 Cluster Grants $129,351 Yes 0
10.475 Cooperative Agreements with States for Intrastate Meat and Poultry Inspection $127,602 - 0
43.RD Precision Heated Tooling for Ooa Curing of Thin-Ply Composites $127,214 Yes 0
93.855 Covid-19-Allergy, Immunology and Transplantation Research $125,147 Yes 0
93.873 State Grants for Protection and Advocacy Services $124,537 Yes 0
10.561 State Administrative Matching Grants for the Supplemental Nutrition Assistance Program $122,666 - 0
10.771 Rural Cooperative Development Grants $122,147 - 0
10.525 Farm and Ranch Stress Assistance Network Competitive Grants Program (b) $121,374 Yes 0
93.994 Maternal and Child Health Services Block Grant to the States $120,676 Yes 0
84.411 Investing in Innovation (i3) Fund $120,311 - 0
81.087 Renewable Energy Research and Development $118,550 Yes 0
66.509 Science to Achieve Results (star) Research Program $114,387 Yes 0
93.761 Evidence-Based Falls Prevention Programs Financed Solely by Prevention and Public Health Funds (pphf) $110,657 Yes 0
93.859 Biomedical Research and Research Training $105,265 Yes 0
12.RD Development of Protocols to Quantify Abiotic Transformation Rates and Mechanisms Forchlorinated Ethenes in Water Supply Aquifers $103,931 Yes 0
10.319 Farm Business Management and Benchmarking Competitive Grants Program $103,588 - 0
93.113 Environmental Health $103,188 Yes 0
93.354 Public Health Emergency Response: Cooperative Agreement for Emergency Response: Public Health Crisis Response $102,744 - 0
93.286 Discovery and Applied Research for Technological Innovations to Improve Human Health $97,120 Yes 0
10.311 Beginning Farmer and Rancher Development Program $95,965 - 0
81.RD Microextraction Sample Preparation Technique for Elemental and Isotopic Analysis $95,375 Yes 0
93.RD Managing Abstinence in Newborns (main) 2.0, Expansion $93,419 Yes 0
11.427 Fisheries Development and Utilization Research and Development Grants and Cooperative Agreements Program $92,045 Yes 0
16.026 Ovw Research and Evaluation Program $88,465 Yes 0
10.689 Community Forest and Open Space Conservation Program (cfp) $83,493 Yes 0
10.303 Integrated Programs $81,913 Yes 0
43.003 Exploration $81,684 Yes 0
47.074 Biological Sciences $81,683 Yes 0
59.037 Covid-19-Small Business Development Centers $81,433 - 0
93.912 Rural Health Care Services Outreach, Rural Health Network Development and Small Health Care Provider Quality Improvement $80,406 - 0
84.425 Covid 19 - Education Stabilization Fund $80,000 Yes 0
93.837 Cardiovascular Diseases Research $77,845 Yes 0
93.RD Protective Film-Forming Disinfectant Based on Chitosan/water/ethanol Tertiary Solutions $77,203 Yes 0
93.242 Mental Health Research Grants $76,122 Yes 0
84.116 Fund for the Improvement of Postsecondary Education $74,385 Yes 0
93.865 Child Health and Human Development Extramural Research $73,270 Yes 0
12.RD Thermal In-Situ Sustainable Remediation (tisrsm) to Enhance Biotic and Abiotic Reactions and Accelerate Remediation Timeframes $73,075 Yes 0
15.805 Assistance to State Water Resources Research Institutes $72,339 Yes 0
11.609 Measurement and Engineering Research and Standards $71,370 Yes 0
81.049 Office of Science Financial Assistance Program $71,287 Yes 0
45.149 Promotion of the Humanities_division of Preservation and Access $70,986 - 0
97.RD Critical Infrastructure Mapping to Update the Sc Hmp $70,707 Yes 0
84.324 Research in Special Education $70,043 Yes 0
15.637 Migratory Bird Joint Ventures $69,974 Yes 0
10.309 Specialty Crop Research Initiative $68,443 Yes 0
15.808 U.s. Geological Survey_ Research and Data Collection $67,927 Yes 0
15.608 Fish and Wildlife Management Assistance $67,484 Yes 0
11.472 Unallied Science Program $67,366 Yes 0
43.012 Space Technology $66,514 Yes 0
10.515 Renewable Resources Extension Act and National Focus Fund Projects $66,300 - 0
10.600 Foreign Market Development Cooperator Program $66,142 Yes 0
93.350 National Center for Advancing Translational Sciences $63,749 Yes 0
16.560 National Institute of Justice Research, Evaluation, and Development Project Grants $62,507 Yes 0
81.121 Nuclear Energy Research, Development and Demonstration $62,277 Yes 0
81.122 Electricity Delivery and Energy Reliability, Research, Development and Analysis $62,277 Yes 0
93.397 Cancer Centers Support Grants $61,786 Yes 0
12.RD Signature Management Textiles $60,613 Yes 0
84.287 Twenty-First Century Community Learning Centers $60,097 - 0
84.033 Federal Work Study Program - Federal Job Location and Development $60,000 - 0
10.329 Crop Protection and Pest Management Competitive Grants Program $59,598 Yes 0
10.170 Specialty Crop Block Grant Program - Farm Bill $59,115 Yes 0
11.459 Weather and Air Quality Research $58,646 Yes 0
12.RD Military Working Dog Protective Suit $58,392 Yes 0
15.657 Endangered Species Conservation ? Recovery Implementation Funds $58,325 Yes 0
81.RD Edge-Centric Cloud-Based Distributed Surveillance for Environmental Detection Surveys $56,765 Yes 0
84.016 Undergraduate International Studies and Foreign Language Programs $56,500 Yes 0
93.173 Research Related to Deafness and Communication Disorders $55,065 Yes 0
93.838 Lung Diseases Research $51,980 Yes 0
81.RD Go!program: Controlling Quantum Interactions at Interfaces Over Low Dimensional Materials for Photocatalytic Reaction $51,387 Yes 0
43.002 Aeronautics $50,043 Yes 0
77.008 U.s. Nuclear Regulatory Commission Scholarship and Fellowship Program $49,743 Yes 0
19.345 International Programs to Support Democracy, Human Rights and Labor $48,082 Yes 0
47.RD Pire: Dust Stimulated Draw-Down of Atmospheric Co2 As A Trigger for Northern Hemisphere Glaciation $47,077 Yes 0
93.855 Allergy, Immunology and Transplantation Research $45,364 Yes 0
12.351 Basic Scientific Research - Combating Weapons of Mass Destruction $45,284 Yes 0
10.307 Organic Agriculture Research and Extension Initiative $45,129 Yes 0
10.664 Cooperative Forestry Assistance $44,353 Yes 0
81.RD Nasow P.r. 1886058 $44,216 Yes 0
15.664 Fish and Wildlife Coordination and Assistance Programs $43,269 Yes 0
47.041 Covid-19-Engineering $41,888 Yes 0
10.217 Higher Education - Institution Challenge Grants Program $41,832 Yes 0
10.351 Rural Business Development Grant $40,571 - 0
15.611 Wildlife Restoration and Basic Hunter Education $39,002 Yes 0
93.226 Research on Healthcare Costs, Quality and Outcomes $38,618 Yes 0
47.079 Office of International Science and Engineering $38,174 Yes 0
20.701 University Transportation Centers Program $37,759 Yes 0
64.034 Va Assistance to United States Paralympic Integrated Adaptive Sports Program $37,506 - 0
12.431 Basic Scientific Research $37,028 Yes 0
66.708 Pollution Prevention Grants Program $35,998 Yes 0
81.135 Advanced Research Projects Agency - Energy $35,692 Yes 0
93.393 Cancer Cause and Prevention Research $35,381 Yes 0
93.323 Covid-19-Epidemiology and Laboratory Capacity for Infectious Diseases (elc) $34,393 Yes 0
11.420 Coastal Zone Management Estuarine Research Reserves $34,354 Yes 0
16.745 Criminal and Juvenile Justice and Mental Health Collaboration Program $33,452 Yes 0
15.945 Cooperative Research and Training Programs ? Resources of the National Park System $33,078 Yes 0
10.069 Conservation Reserve Program $32,573 Yes 0
16.034 Covid-19-Coronavirus Emergency Supplemental Funding Program $30,615 - 0
15.812 Cooperative Research Units Program $30,494 Yes 0
15.929 Save America's Treasures $30,192 Yes 0
12.RD Invasive & Exotic Plant Species Survey and Control Method Evaluations; Townsend Bombing Range; Long and McIntosh Counties, Ga $29,453 Yes 0
43.008 Education $28,826 Yes 0
15.926 American Battlefield Protection $28,361 - 0
84.027 Special Education_grants to States $28,191 - 0
10.680 Forest Health Protection $27,840 Yes 0
66.204 Multipurpose Grants to States and Tribes $27,805 - 0
15.634 State Wildlife Grants $27,480 Yes 0
15.628 Multistate Conservation Grant Program $26,695 Yes 0
93.RD Validation of A Bedside Automated 3d Ultrasound-Based Arteriovenous Fistula Cannulation Guidance Solution to Improve Av Fistula Outcomes $26,031 Yes 0
10.310 Agriculture and Food Research Initiative (afri) $25,056 Yes 0
10.229 Extension Collaborative on Immunization Teaching & Engagement $24,784 - 0
47.075 Covid-19-Social, Behavioral, and Economic Sciences $24,269 Yes 0
10.RD Acquisition of Goods and Services $24,221 Yes 0
66.424 Surveys, Studies, Investigations, Demonstrations, and Training Grants - Section 1442 of the Safe Drinking Water Act $23,350 Yes 0
47.083 Integrative Activities $22,189 Yes 0
84.048 Career and Technical Education -- Basic Grants to States $21,693 - 0
10.699 Partnership Agreements $21,011 Yes 0
10.675 Urban and Community Forestry Program $19,694 Yes 0
10.U01 Acquisition of Goods and Services $19,496 - 0
98.853 Preclinical Evaluation of Combination Therapy of Rolipram and Minocycline for Arresting Secondary Injury Cascade After Traumatic Brain Injury $19,035 Yes 0
12.RD One Micrometer Integrated Transmitter for Balanced Radio-Frequency-Over- Fiber Photonic Links $17,938 Yes 0
93.853 Extramural Research Programs in the Neurosciences and Neurological Disorders $17,459 Yes 0
10.304 Homeland Security_agricultural $17,337 - 0
93.395 Cancer Treatment Research $17,232 Yes 0
20.205 Highway Planning and Construction $17,002 Yes 0
93.325 Paralysis Resource Center $15,971 - 0
19.900 Aeeca/esf Pd Programs $15,332 - 0
93.262 Occupational Safety and Health Program $15,000 Yes 0
10.912 Environmental Quality Incentives Program $14,845 Yes 0
10.001 Agricultural Research_basic and Applied Research $14,550 Yes 0
47.049 Mathematical and Physical Sciences $14,491 Yes 0
66.460 Nonpoint Source Implementation Grants $14,331 Yes 0
84.021 Overseas Programs - Group Projects Abroad $14,331 - 0
93.172 Human Genome Research $13,717 - 0
66.716 Research, Development, Monitoring, Public Education, Training, Demonstrations, and Studies $13,634 - 0
66.461 Regional Wetland Program Development Grants $13,562 Yes 0
93.243 Substance Abuse and Mental Health Services_projects of Regional and National Significance $13,269 Yes 0
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $13,202 - 0
45.130 Promotion of the Humanities_challenge Grants $12,756 - 0
93.121 Oral Diseases and Disorders Research $12,749 Yes 0
16.726 Juvenile Mentoring Program $12,705 - 0
15.232 Wildland Fire Research and Studies Program $12,443 Yes 0
15.RD Reptile Surveys of the Talladega-Mountain Longleaf Pine Conservation Local Implementation Team (lit) Boundary, Northwest Georgia $12,102 Yes 0
11.419 Coastal Zone Management Administration Awards $11,501 Yes 0
10.500 Cooperative Extension Service $10,454 - 0
10.707 Research Joint Venture and Cost Reimbursable Agreements $10,125 Yes 0
47.RD Computational Modeling Guided Biomaterials Development for Therapeutic Vascularization $9,773 Yes 0
66.312 State Environmental Justice Cooperative Agreement Program $9,497 Yes 0
12.RD Complete and Resilient Documentation (card) for Operational Medical Environments $9,306 Yes 0
16.585 Drug Court Discretionary Grant Program $9,263 Yes 0
93.307 Minority Health and Health Disparities Research $8,028 Yes 0
10.219 Biotechnology Risk Assessment Research $8,015 Yes 0
93.788 Opioid Str $7,728 Yes 0
93.310 Trans-Nih Research Support $6,766 Yes 0
15.923 National Center for Preservation Technology and Training $6,725 Yes 0
10.028 Wildlife Services $6,203 Yes 0
84.408 Post Secondary Education Scholarships for Veteran's Dependents (iraq and Afghanistan Service Grant) $5,983 - 0
10.903 Soil Survey $5,962 Yes 0
10.215 Sustainable Agriculture Research and Education $5,246 Yes 0
10.870 Rural Microentrepreneur Assistance Program $5,055 - 0
47.RD Envisioning Community & Public $4,086 Yes 0
64.U01 Move United (fka Adaptive Sports) USA National Veteran Airgun Outreach Series $4,000 - 0
12.RD Fiber Laser Materials Research $3,865 Yes 0
11.417 Sea Grant Support $3,479 Yes 0
93.RD Sbir Phase Ii: Protein A Membrane Absorbers for Rapid Protein Purification $3,296 Yes 0
10.328 National Food Safety Training, Education, Extension, Outreach, and Technical Assistance Competitive Grants Program $3,115 - 0
93.RD R-Fix (rib-Fixation System) for Severe Progressive Spinal Deformity $2,988 Yes 0
20.999 Additional Considerations for Making Ads Vehicles Accessible for All Road Users $2,793 Yes 0
12.RD Pulse-Based Clock Synchronization for Embedded Ai $2,536 Yes 0
84.RD Lexington Technology Center 2019-2020 Faculty Professional Development $2,221 Yes 0
21.019 Coronavirus Relief Fund $2,101 - 0
93.RD Dpm Research: Monitoring Responses to Ventilation and Control by Water Sprays, and Capacity Building for Mine Ventilation Expertise $2,095 Yes 0
47.RD Summer Undergraduate Research Experience in Nanobiotechnology $2,000 Yes 0
15.621 Asian Elephant Conservation Fund $1,762 Yes 0
43.RD Mitigating Headward Fluid Shifts with Veno-Constrictive Thigh Cuffs During Spaceflight $1,698 Yes 0
47.075 Social, Behavioral, and Economic Sciences $1,158 Yes 0
10.025 Plant and Animal Disease, Pest Control, and Animal Care $1,060 Yes 0
93.213 Research and Training in Complementary and Integrative Health $971 Yes 0
12.300 Basic and Applied Scientific Research $871 Yes 0
12.RD Abiotic Transformation of Chloroethenes in Low-Permeability Formations $545 Yes 0
10.777 Norman E. Borlaug International Agricultural Science and Technology Fellowship $535 Yes 0
10.200 Grants for Agricultural Research, Special Research Grants $404 Yes 0
81.RD Lexington Technology Center 2018-19 Faculty Professional Development $336 Yes 0
45.129 Promotion of the Humanities_federal/state Partnership $333 Yes 0
10.902 Soil and Water Conservation $232 Yes 0
10.207 Animal Health and Disease Research $227 Yes 0
12.RD MacHine Learning for Simulation Environments $135 Yes 0
12.RD Thermoforming of Composites for Aluminum Replacement $111 Yes 0
47.050 Geosciences $1 Yes 0
94.026 National Service and Civic Engagement Research Competition $-214 Yes 0
47.041 Engineering $-850 Yes 0
10.652 Forestry Research $-1,732 Yes 0
12.RD Hydrothermal Cladding of Single Crystal Fibers of Doped Yag. Phase2 $-1,995 Yes 0
43.RD Initial Stress Analysis for Jpl Lunar Puffer $-4,922 Yes 0
66.511 Office of Research and Development Consolidated Research/training/fellowships $-5,821 Yes 0
12.RD Privacy Support for Tla $-7,224 Yes 0
93.RD Development of A Novel Bio-Adhesive Mesh System for Abdominal Hernia Repair $-8,264 Yes 0

Contacts

Name Title Type
H2BMNX7DSKU8 Sherri Rowland Auditee
8646565587 Lindsay Ball Auditor
No contacts on file

Notes to SEFA

Title: Note 3. Federal Perkins Loan Program (Assistance Listing Number 84.038) Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal awardactivity of Clemson University (the University) under programs of the federal government and is presented onthe accrual basis of accounting. The information in the Schedule is presented in accordance with therequirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, CostPrinciples, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents onlya selected portion of the operations of Clemson University, it is not intended to and does not present thefinancial position, changes in net position, or cash flows of the University. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Expenditures in the Schedule are recognized following the cost accounting principles contained in the UniformGuidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negativeamounts shown on the Schedule represent adjustments or credits made in the normal course of business toamounts reported as expenditures in prior years.Expenditures for student financial aid programs include the federal share of students Federal SupplementalEducational Opportunity Grant (FSEOG) program grants and Federal Work Study (FWS) program earnings,certain other federal financial aid for students and administrative cost allowances, where applicable.Expenditures for nonfinancial aid awards include indirect costs, related primarily to facilities operation andmaintenance and general, divisional and departmental administrative services, which are allocated to direct costobjectives (including federal awards) based on negotiated formulas commonly referred to as facilities andadministrative cost rates. Facilities and administrative costs allocated to such awards for the year endedJune 30, 2022, were based on predetermined fixed rates negotiated with the University's cognizant federalagency. The University has elected not to use the 10-percent de minimis indirect cost rate as allowed under theUniform Guidance. The Federal Perkins Loan Program is administered directly by the University and balances and transactionsrelating to the program are included in the Universitys financial statements. Federal expenditures reported onthe face of the Schedule include loans outstanding at the beginning of the year, loan cancellations, interestsubsidies, and administrative expenses. Due to the expiration of the Federal Perkins Loan Program onSeptember 30, 2017, the University did not disburse any Perkins loans to students during the year endedJune 30, 2022. The balance of loans outstanding under the Federal Perkins Loan Program was $2,591,444 as ofJune 30, 2022. Schools have the option of continuing to collect on outstanding loan balance or can voluntarilyliquidate the program. The University has no current plans to begin the Perkins liquidation process. However,the University is required to periodically return excess cash on hand from the program to the Department ofEducation.
Title: Note 4. Federal Direct Student Loans Program (Assistance Listing Number 84. Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal awardactivity of Clemson University (the University) under programs of the federal government and is presented onthe accrual basis of accounting. The information in the Schedule is presented in accordance with therequirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, CostPrinciples, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents onlya selected portion of the operations of Clemson University, it is not intended to and does not present thefinancial position, changes in net position, or cash flows of the University. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Expenditures in the Schedule are recognized following the cost accounting principles contained in the UniformGuidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negativeamounts shown on the Schedule represent adjustments or credits made in the normal course of business toamounts reported as expenditures in prior years.Expenditures for student financial aid programs include the federal share of students Federal SupplementalEducational Opportunity Grant (FSEOG) program grants and Federal Work Study (FWS) program earnings,certain other federal financial aid for students and administrative cost allowances, where applicable.Expenditures for nonfinancial aid awards include indirect costs, related primarily to facilities operation andmaintenance and general, divisional and departmental administrative services, which are allocated to direct costobjectives (including federal awards) based on negotiated formulas commonly referred to as facilities andadministrative cost rates. Facilities and administrative costs allocated to such awards for the year endedJune 30, 2022, were based on predetermined fixed rates negotiated with the University's cognizant federalagency. The University has elected not to use the 10-percent de minimis indirect cost rate as allowed under theUniform Guidance. The University participates in the Federal Direct Student Loans (Direct Loans) program of the U.S. Department ofEducation (USDE), which includes subsidized and unsubsidized Federal Stafford Loans and Federal PLUS Loans.Under the Direct Loans program, the University is responsible only for certain administrative duties, accordingly,the disbursements under the program and the outstanding loan balances are excluded from the financialstatements of the University.
Title: Note 5. Contingencies Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal awardactivity of Clemson University (the University) under programs of the federal government and is presented onthe accrual basis of accounting. The information in the Schedule is presented in accordance with therequirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, CostPrinciples, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents onlya selected portion of the operations of Clemson University, it is not intended to and does not present thefinancial position, changes in net position, or cash flows of the University. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Expenditures in the Schedule are recognized following the cost accounting principles contained in the UniformGuidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negativeamounts shown on the Schedule represent adjustments or credits made in the normal course of business toamounts reported as expenditures in prior years.Expenditures for student financial aid programs include the federal share of students Federal SupplementalEducational Opportunity Grant (FSEOG) program grants and Federal Work Study (FWS) program earnings,certain other federal financial aid for students and administrative cost allowances, where applicable.Expenditures for nonfinancial aid awards include indirect costs, related primarily to facilities operation andmaintenance and general, divisional and departmental administrative services, which are allocated to direct costobjectives (including federal awards) based on negotiated formulas commonly referred to as facilities andadministrative cost rates. Facilities and administrative costs allocated to such awards for the year endedJune 30, 2022, were based on predetermined fixed rates negotiated with the University's cognizant federalagency. The University has elected not to use the 10-percent de minimis indirect cost rate as allowed under theUniform Guidance. The University receives funds under various federal grant programs and such awards are to be expended inaccordance with the provisions of the various grants. Compliance with the grants is subject to audit by variousgovernment agencies which may impose sanctions in the event of non-compliance. Management believes thatthey have complied with all aspects of the various grant provisions and the results of adjustments, if any,relating to such audits would not have any material financial impact.