FAC Explorer

Audit 24408

FY End
2022-06-30
Total Expended
$4.55M
Findings
0
Programs
8
Organization: Hesston College (KS)
Year: 2022 Accepted: 2022-10-26
Auditor: Knudsen Monroe & Company LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $2.09M Yes 0
84.425 Education Stabilization Fund - Institutional Aid $767,476 Yes 0
84.425 Education Stabilization Fund - Student Aid $575,799 Yes 0
84.063 Federal Pell Grant Program $527,355 Yes 0
84.038 Federal Perkins Loan Program $363,276 Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $130,325 Yes 0
84.033 Federal Work-Study Program $98,307 Yes 0
84.063 Federal Pell Grant Program - Administration $590 Yes 0

Contacts

Name Title Type
TCXLCR1PH3D8 Karl Brubaker Auditee
6203274221 Christopher Stauffer Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. FEDERAL PERKINS LOAN PROGRAM (84.038) - Balances outstanding at the end of the audit period were 240037.