FAC Explorer

Audit 24772

FY End
2022-06-30
Total Expended
$24.09M
Findings
10
Programs
26
Organization: Tougaloo College (MS)
Year: 2022 Accepted: 2023-03-30
Auditor: The Wesley Peachtree Group CPAS

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
32761 2022-001 Significant Deficiency Yes C
32762 2022-001 Significant Deficiency Yes C
32763 2022-001 Significant Deficiency Yes C
32764 2022-001 Significant Deficiency Yes C
32765 2022-001 Significant Deficiency Yes C
609203 2022-001 Significant Deficiency Yes C
609204 2022-001 Significant Deficiency Yes C
609205 2022-001 Significant Deficiency Yes C
609206 2022-001 Significant Deficiency Yes C
609207 2022-001 Significant Deficiency Yes C

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $3.66M Yes 0
84.268 Federal Direct Student Loans $2.84M Yes 1
84.063 Federal Pell Grant Program $2.40M Yes 1
93.926 Healthy Start Initiative $1.18M Yes 0
93.837 Cardiovascular Diseases Research $1.08M Yes 0
84.031 Higher Education_institutional Aid $761,853 Yes 0
15.932 Preservation of Historic Structures on the Campuses of Historically Black Colleges and Universities (hbcus). $480,000 - 0
84.044 Trio_talent Search $412,340 Yes 0
84.047 Trio_upward Bound $283,591 Yes 0
84.066 Trio_educational Opportunity Centers $259,304 Yes 0
84.033 Federal Work-Study Program $230,192 Yes 1
84.007 Federal Supplemental Educational Opportunity Grants $198,873 Yes 1
84.287 Twenty-First Century Community Learning Centers $121,593 Yes 0
47.076 Education and Human Resources $117,230 Yes 0
93.859 Biomedical Research and Research Training $114,592 Yes 0
97.061 Centers for Homeland Security $112,242 - 0
12.905 Cybersecurity Core Curriculum $77,697 - 0
16.525 Grants to Reduce Domestic Violence, Dating Violence, Sexual Assault, and Stalking on Campus $73,336 - 0
10.464 Socially Disadvantaged Farmers and Ranchers Policy Research Center $48,285 Yes 0
93.838 Lung Diseases Research $46,384 Yes 0
93.389 National Center for Research Resources $43,119 Yes 0
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $14,044 Yes 1
16.575 Crime Victim Assistance $11,011 - 0
93.421 Strengthening Public Health Systems and Services Through National Partnerships to Improve and Protect the Nations Health $4,161 Yes 0
43.008 Education $975 Yes 0
45.309 Museum Grants for African American History and Culture $469 - 0

Contacts

Name Title Type
XELUC5A4AJQ7 Larry Barker Auditee
6019777727 Donald K. Murphy Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The College participates in several programs sponsored by various government agencies as listed in the accompanying Schedule of Expenditures of Federal and State Grant Awards. All programs are subject to audit by the various agencies and they have the authority to determine liabilities, limit or suspend the College's participation in the federal and state programs.The accompanying Schedule of Expenditures of Federal and State Grant Awards is presented on an accrual basis of accounting consistent with the basis of accounting used by the College in the preparation of its financial statements. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The Schedule includes all known federal and state and pass-through federal and state funds expended by the College for the year ended June 30, 2022. All grants/awards should be reviewed in detail to determine if they contain any special provisions (for example, some awards require they be treated as major programs, even though they might not otherwise qualify as such). If the grant/award contains federal funding, the organization will obtain the following: name of the federal agency, award period, Assistance Listing Number(ALN). The grant/award should also be researched to determine if it is part of a cluster (including research and development) or a federal loan program. If the grant/award is passed through to/ from a sub-recipient, the organization will obtain the pass-through entity identifying number. Prior to the grant/award becoming operational, the organization should review the OMB Compliance Supplements Matrix of Compliance Requirements. For every federally funded grant/award, personnel should be assigned for each area of compliance. Expenditures must be tracked for each individual grant/award. The accounting system must be set up to capture this information, and individuals must be established to assign expenses to each grant/award. De Minimis Rate Used: N Rate Explanation: The College has received a federally negotiated indirect cost rate and therefore, has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2022-001
Finding 2022-001 - U.S. Department of Education (USDE), Title IV Student Financial Aid Programs (Significant Deficiency): Information on the federal program - Federal Direct Student Loans, Assistance Listing No. 84.268, June 30, 2022; Federal Pell Grants Program, Assistance Listing No. 84.063, June 30, 2022; Federal Supplemental Educational Opportunity Grant, Assistance Listing No. 84. 007, June 30, 2022; Federal Work-Study Program, Assistance Listing No. 84.033, June 30, 2022; TEACH Grant Program, Assistance Listing No. 84.379, June 30, 2022. Criteria - Federal regulations governing the Title IV programs. Condition - Numerous issues of non-compliance were noted, as described in the context below. Questioned Costs - Provided below. Context- We observed the following conditions in connection with our testing of the various U.S. Department of Education, Title IV, Student Financial Assistance Programs: ? Title IV awards for six (6) of twelve (12) students sampled for Return of Title IV (R2T4) did not have funding returned within the required 45-day time frame with total questioned costs of $18,768. ? The College had differences in the following programs which were not reconciled to the general ledger: Program Description Federal Work-Study Federal Direct Student Loans. ? FISAP Work-Study totals did not match general ledger totals. Cause - Oversight by responsible employees not properly monitoring required elements. Effect - The College's participation in the Title IV programs could be subject to USDE sanctions as applicable. Repeat Finding- Yes, regarding Title IV programs not reconciling to the general ledger. Auditor's Recommendation - We recommend the College implement corrective actions to ensure the above findings are resolved and do not recur in future periods. Moreover, internal controls over compliance with Federal program regulations should be revisited to ensure adequate supervisory controls, quality assurance reviews of compliance steps, technical training of staff, and adequate procedures are being followed for compliance purposes. View of Responsible Officials - The Office of Financial Aid understands the seriousness of these findings and are implementing appropriate strategies to minimize and/or eliminate further audit findings, including: ? Conduct monthly reconciliations between the Business and Financial Aid Offices reviewed and approved by the Vice President of Finance and Administration. ? Provide specialized Title IV training for the Financial Aid staff through resources and services provided by our auditors, The Wesley Peachtree Group, CPAs to improve and ensure processes align with federal reporting guidelines.
Finding 2022-001
Finding 2022-001 - U.S. Department of Education (USDE), Title IV Student Financial Aid Programs (Significant Deficiency): Information on the federal program - Federal Direct Student Loans, Assistance Listing No. 84.268, June 30, 2022; Federal Pell Grants Program, Assistance Listing No. 84.063, June 30, 2022; Federal Supplemental Educational Opportunity Grant, Assistance Listing No. 84. 007, June 30, 2022; Federal Work-Study Program, Assistance Listing No. 84.033, June 30, 2022; TEACH Grant Program, Assistance Listing No. 84.379, June 30, 2022. Criteria - Federal regulations governing the Title IV programs. Condition - Numerous issues of non-compliance were noted, as described in the context below. Questioned Costs - Provided below. Context- We observed the following conditions in connection with our testing of the various U.S. Department of Education, Title IV, Student Financial Assistance Programs: ? Title IV awards for six (6) of twelve (12) students sampled for Return of Title IV (R2T4) did not have funding returned within the required 45-day time frame with total questioned costs of $18,768. ? The College had differences in the following programs which were not reconciled to the general ledger: Program Description Federal Work-Study Federal Direct Student Loans. ? FISAP Work-Study totals did not match general ledger totals. Cause - Oversight by responsible employees not properly monitoring required elements. Effect - The College's participation in the Title IV programs could be subject to USDE sanctions as applicable. Repeat Finding- Yes, regarding Title IV programs not reconciling to the general ledger. Auditor's Recommendation - We recommend the College implement corrective actions to ensure the above findings are resolved and do not recur in future periods. Moreover, internal controls over compliance with Federal program regulations should be revisited to ensure adequate supervisory controls, quality assurance reviews of compliance steps, technical training of staff, and adequate procedures are being followed for compliance purposes. View of Responsible Officials - The Office of Financial Aid understands the seriousness of these findings and are implementing appropriate strategies to minimize and/or eliminate further audit findings, including: ? Conduct monthly reconciliations between the Business and Financial Aid Offices reviewed and approved by the Vice President of Finance and Administration. ? Provide specialized Title IV training for the Financial Aid staff through resources and services provided by our auditors, The Wesley Peachtree Group, CPAs to improve and ensure processes align with federal reporting guidelines.
Finding 2022-001
Finding 2022-001 - U.S. Department of Education (USDE), Title IV Student Financial Aid Programs (Significant Deficiency): Information on the federal program - Federal Direct Student Loans, Assistance Listing No. 84.268, June 30, 2022; Federal Pell Grants Program, Assistance Listing No. 84.063, June 30, 2022; Federal Supplemental Educational Opportunity Grant, Assistance Listing No. 84. 007, June 30, 2022; Federal Work-Study Program, Assistance Listing No. 84.033, June 30, 2022; TEACH Grant Program, Assistance Listing No. 84.379, June 30, 2022. Criteria - Federal regulations governing the Title IV programs. Condition - Numerous issues of non-compliance were noted, as described in the context below. Questioned Costs - Provided below. Context- We observed the following conditions in connection with our testing of the various U.S. Department of Education, Title IV, Student Financial Assistance Programs: ? Title IV awards for six (6) of twelve (12) students sampled for Return of Title IV (R2T4) did not have funding returned within the required 45-day time frame with total questioned costs of $18,768. ? The College had differences in the following programs which were not reconciled to the general ledger: Program Description Federal Work-Study Federal Direct Student Loans. ? FISAP Work-Study totals did not match general ledger totals. Cause - Oversight by responsible employees not properly monitoring required elements. Effect - The College's participation in the Title IV programs could be subject to USDE sanctions as applicable. Repeat Finding- Yes, regarding Title IV programs not reconciling to the general ledger. Auditor's Recommendation - We recommend the College implement corrective actions to ensure the above findings are resolved and do not recur in future periods. Moreover, internal controls over compliance with Federal program regulations should be revisited to ensure adequate supervisory controls, quality assurance reviews of compliance steps, technical training of staff, and adequate procedures are being followed for compliance purposes. View of Responsible Officials - The Office of Financial Aid understands the seriousness of these findings and are implementing appropriate strategies to minimize and/or eliminate further audit findings, including: ? Conduct monthly reconciliations between the Business and Financial Aid Offices reviewed and approved by the Vice President of Finance and Administration. ? Provide specialized Title IV training for the Financial Aid staff through resources and services provided by our auditors, The Wesley Peachtree Group, CPAs to improve and ensure processes align with federal reporting guidelines.
Finding 2022-001
Finding 2022-001 - U.S. Department of Education (USDE), Title IV Student Financial Aid Programs (Significant Deficiency): Information on the federal program - Federal Direct Student Loans, Assistance Listing No. 84.268, June 30, 2022; Federal Pell Grants Program, Assistance Listing No. 84.063, June 30, 2022; Federal Supplemental Educational Opportunity Grant, Assistance Listing No. 84. 007, June 30, 2022; Federal Work-Study Program, Assistance Listing No. 84.033, June 30, 2022; TEACH Grant Program, Assistance Listing No. 84.379, June 30, 2022. Criteria - Federal regulations governing the Title IV programs. Condition - Numerous issues of non-compliance were noted, as described in the context below. Questioned Costs - Provided below. Context- We observed the following conditions in connection with our testing of the various U.S. Department of Education, Title IV, Student Financial Assistance Programs: ? Title IV awards for six (6) of twelve (12) students sampled for Return of Title IV (R2T4) did not have funding returned within the required 45-day time frame with total questioned costs of $18,768. ? The College had differences in the following programs which were not reconciled to the general ledger: Program Description Federal Work-Study Federal Direct Student Loans. ? FISAP Work-Study totals did not match general ledger totals. Cause - Oversight by responsible employees not properly monitoring required elements. Effect - The College's participation in the Title IV programs could be subject to USDE sanctions as applicable. Repeat Finding- Yes, regarding Title IV programs not reconciling to the general ledger. Auditor's Recommendation - We recommend the College implement corrective actions to ensure the above findings are resolved and do not recur in future periods. Moreover, internal controls over compliance with Federal program regulations should be revisited to ensure adequate supervisory controls, quality assurance reviews of compliance steps, technical training of staff, and adequate procedures are being followed for compliance purposes. View of Responsible Officials - The Office of Financial Aid understands the seriousness of these findings and are implementing appropriate strategies to minimize and/or eliminate further audit findings, including: ? Conduct monthly reconciliations between the Business and Financial Aid Offices reviewed and approved by the Vice President of Finance and Administration. ? Provide specialized Title IV training for the Financial Aid staff through resources and services provided by our auditors, The Wesley Peachtree Group, CPAs to improve and ensure processes align with federal reporting guidelines.
Finding 2022-001
Finding 2022-001 - U.S. Department of Education (USDE), Title IV Student Financial Aid Programs (Significant Deficiency): Information on the federal program - Federal Direct Student Loans, Assistance Listing No. 84.268, June 30, 2022; Federal Pell Grants Program, Assistance Listing No. 84.063, June 30, 2022; Federal Supplemental Educational Opportunity Grant, Assistance Listing No. 84. 007, June 30, 2022; Federal Work-Study Program, Assistance Listing No. 84.033, June 30, 2022; TEACH Grant Program, Assistance Listing No. 84.379, June 30, 2022. Criteria - Federal regulations governing the Title IV programs. Condition - Numerous issues of non-compliance were noted, as described in the context below. Questioned Costs - Provided below. Context- We observed the following conditions in connection with our testing of the various U.S. Department of Education, Title IV, Student Financial Assistance Programs: ? Title IV awards for six (6) of twelve (12) students sampled for Return of Title IV (R2T4) did not have funding returned within the required 45-day time frame with total questioned costs of $18,768. ? The College had differences in the following programs which were not reconciled to the general ledger: Program Description Federal Work-Study Federal Direct Student Loans. ? FISAP Work-Study totals did not match general ledger totals. Cause - Oversight by responsible employees not properly monitoring required elements. Effect - The College's participation in the Title IV programs could be subject to USDE sanctions as applicable. Repeat Finding- Yes, regarding Title IV programs not reconciling to the general ledger. Auditor's Recommendation - We recommend the College implement corrective actions to ensure the above findings are resolved and do not recur in future periods. Moreover, internal controls over compliance with Federal program regulations should be revisited to ensure adequate supervisory controls, quality assurance reviews of compliance steps, technical training of staff, and adequate procedures are being followed for compliance purposes. View of Responsible Officials - The Office of Financial Aid understands the seriousness of these findings and are implementing appropriate strategies to minimize and/or eliminate further audit findings, including: ? Conduct monthly reconciliations between the Business and Financial Aid Offices reviewed and approved by the Vice President of Finance and Administration. ? Provide specialized Title IV training for the Financial Aid staff through resources and services provided by our auditors, The Wesley Peachtree Group, CPAs to improve and ensure processes align with federal reporting guidelines.
Finding 2022-001
Finding 2022-001 - U.S. Department of Education (USDE), Title IV Student Financial Aid Programs (Significant Deficiency): Information on the federal program - Federal Direct Student Loans, Assistance Listing No. 84.268, June 30, 2022; Federal Pell Grants Program, Assistance Listing No. 84.063, June 30, 2022; Federal Supplemental Educational Opportunity Grant, Assistance Listing No. 84. 007, June 30, 2022; Federal Work-Study Program, Assistance Listing No. 84.033, June 30, 2022; TEACH Grant Program, Assistance Listing No. 84.379, June 30, 2022. Criteria - Federal regulations governing the Title IV programs. Condition - Numerous issues of non-compliance were noted, as described in the context below. Questioned Costs - Provided below. Context- We observed the following conditions in connection with our testing of the various U.S. Department of Education, Title IV, Student Financial Assistance Programs: ? Title IV awards for six (6) of twelve (12) students sampled for Return of Title IV (R2T4) did not have funding returned within the required 45-day time frame with total questioned costs of $18,768. ? The College had differences in the following programs which were not reconciled to the general ledger: Program Description Federal Work-Study Federal Direct Student Loans. ? FISAP Work-Study totals did not match general ledger totals. Cause - Oversight by responsible employees not properly monitoring required elements. Effect - The College's participation in the Title IV programs could be subject to USDE sanctions as applicable. Repeat Finding- Yes, regarding Title IV programs not reconciling to the general ledger. Auditor's Recommendation - We recommend the College implement corrective actions to ensure the above findings are resolved and do not recur in future periods. Moreover, internal controls over compliance with Federal program regulations should be revisited to ensure adequate supervisory controls, quality assurance reviews of compliance steps, technical training of staff, and adequate procedures are being followed for compliance purposes. View of Responsible Officials - The Office of Financial Aid understands the seriousness of these findings and are implementing appropriate strategies to minimize and/or eliminate further audit findings, including: ? Conduct monthly reconciliations between the Business and Financial Aid Offices reviewed and approved by the Vice President of Finance and Administration. ? Provide specialized Title IV training for the Financial Aid staff through resources and services provided by our auditors, The Wesley Peachtree Group, CPAs to improve and ensure processes align with federal reporting guidelines.
Finding 2022-001
Finding 2022-001 - U.S. Department of Education (USDE), Title IV Student Financial Aid Programs (Significant Deficiency): Information on the federal program - Federal Direct Student Loans, Assistance Listing No. 84.268, June 30, 2022; Federal Pell Grants Program, Assistance Listing No. 84.063, June 30, 2022; Federal Supplemental Educational Opportunity Grant, Assistance Listing No. 84. 007, June 30, 2022; Federal Work-Study Program, Assistance Listing No. 84.033, June 30, 2022; TEACH Grant Program, Assistance Listing No. 84.379, June 30, 2022. Criteria - Federal regulations governing the Title IV programs. Condition - Numerous issues of non-compliance were noted, as described in the context below. Questioned Costs - Provided below. Context- We observed the following conditions in connection with our testing of the various U.S. Department of Education, Title IV, Student Financial Assistance Programs: ? Title IV awards for six (6) of twelve (12) students sampled for Return of Title IV (R2T4) did not have funding returned within the required 45-day time frame with total questioned costs of $18,768. ? The College had differences in the following programs which were not reconciled to the general ledger: Program Description Federal Work-Study Federal Direct Student Loans. ? FISAP Work-Study totals did not match general ledger totals. Cause - Oversight by responsible employees not properly monitoring required elements. Effect - The College's participation in the Title IV programs could be subject to USDE sanctions as applicable. Repeat Finding- Yes, regarding Title IV programs not reconciling to the general ledger. Auditor's Recommendation - We recommend the College implement corrective actions to ensure the above findings are resolved and do not recur in future periods. Moreover, internal controls over compliance with Federal program regulations should be revisited to ensure adequate supervisory controls, quality assurance reviews of compliance steps, technical training of staff, and adequate procedures are being followed for compliance purposes. View of Responsible Officials - The Office of Financial Aid understands the seriousness of these findings and are implementing appropriate strategies to minimize and/or eliminate further audit findings, including: ? Conduct monthly reconciliations between the Business and Financial Aid Offices reviewed and approved by the Vice President of Finance and Administration. ? Provide specialized Title IV training for the Financial Aid staff through resources and services provided by our auditors, The Wesley Peachtree Group, CPAs to improve and ensure processes align with federal reporting guidelines.
Finding 2022-001
Finding 2022-001 - U.S. Department of Education (USDE), Title IV Student Financial Aid Programs (Significant Deficiency): Information on the federal program - Federal Direct Student Loans, Assistance Listing No. 84.268, June 30, 2022; Federal Pell Grants Program, Assistance Listing No. 84.063, June 30, 2022; Federal Supplemental Educational Opportunity Grant, Assistance Listing No. 84. 007, June 30, 2022; Federal Work-Study Program, Assistance Listing No. 84.033, June 30, 2022; TEACH Grant Program, Assistance Listing No. 84.379, June 30, 2022. Criteria - Federal regulations governing the Title IV programs. Condition - Numerous issues of non-compliance were noted, as described in the context below. Questioned Costs - Provided below. Context- We observed the following conditions in connection with our testing of the various U.S. Department of Education, Title IV, Student Financial Assistance Programs: ? Title IV awards for six (6) of twelve (12) students sampled for Return of Title IV (R2T4) did not have funding returned within the required 45-day time frame with total questioned costs of $18,768. ? The College had differences in the following programs which were not reconciled to the general ledger: Program Description Federal Work-Study Federal Direct Student Loans. ? FISAP Work-Study totals did not match general ledger totals. Cause - Oversight by responsible employees not properly monitoring required elements. Effect - The College's participation in the Title IV programs could be subject to USDE sanctions as applicable. Repeat Finding- Yes, regarding Title IV programs not reconciling to the general ledger. Auditor's Recommendation - We recommend the College implement corrective actions to ensure the above findings are resolved and do not recur in future periods. Moreover, internal controls over compliance with Federal program regulations should be revisited to ensure adequate supervisory controls, quality assurance reviews of compliance steps, technical training of staff, and adequate procedures are being followed for compliance purposes. View of Responsible Officials - The Office of Financial Aid understands the seriousness of these findings and are implementing appropriate strategies to minimize and/or eliminate further audit findings, including: ? Conduct monthly reconciliations between the Business and Financial Aid Offices reviewed and approved by the Vice President of Finance and Administration. ? Provide specialized Title IV training for the Financial Aid staff through resources and services provided by our auditors, The Wesley Peachtree Group, CPAs to improve and ensure processes align with federal reporting guidelines.
Finding 2022-001
Finding 2022-001 - U.S. Department of Education (USDE), Title IV Student Financial Aid Programs (Significant Deficiency): Information on the federal program - Federal Direct Student Loans, Assistance Listing No. 84.268, June 30, 2022; Federal Pell Grants Program, Assistance Listing No. 84.063, June 30, 2022; Federal Supplemental Educational Opportunity Grant, Assistance Listing No. 84. 007, June 30, 2022; Federal Work-Study Program, Assistance Listing No. 84.033, June 30, 2022; TEACH Grant Program, Assistance Listing No. 84.379, June 30, 2022. Criteria - Federal regulations governing the Title IV programs. Condition - Numerous issues of non-compliance were noted, as described in the context below. Questioned Costs - Provided below. Context- We observed the following conditions in connection with our testing of the various U.S. Department of Education, Title IV, Student Financial Assistance Programs: ? Title IV awards for six (6) of twelve (12) students sampled for Return of Title IV (R2T4) did not have funding returned within the required 45-day time frame with total questioned costs of $18,768. ? The College had differences in the following programs which were not reconciled to the general ledger: Program Description Federal Work-Study Federal Direct Student Loans. ? FISAP Work-Study totals did not match general ledger totals. Cause - Oversight by responsible employees not properly monitoring required elements. Effect - The College's participation in the Title IV programs could be subject to USDE sanctions as applicable. Repeat Finding- Yes, regarding Title IV programs not reconciling to the general ledger. Auditor's Recommendation - We recommend the College implement corrective actions to ensure the above findings are resolved and do not recur in future periods. Moreover, internal controls over compliance with Federal program regulations should be revisited to ensure adequate supervisory controls, quality assurance reviews of compliance steps, technical training of staff, and adequate procedures are being followed for compliance purposes. View of Responsible Officials - The Office of Financial Aid understands the seriousness of these findings and are implementing appropriate strategies to minimize and/or eliminate further audit findings, including: ? Conduct monthly reconciliations between the Business and Financial Aid Offices reviewed and approved by the Vice President of Finance and Administration. ? Provide specialized Title IV training for the Financial Aid staff through resources and services provided by our auditors, The Wesley Peachtree Group, CPAs to improve and ensure processes align with federal reporting guidelines.
Finding 2022-001
Finding 2022-001 - U.S. Department of Education (USDE), Title IV Student Financial Aid Programs (Significant Deficiency): Information on the federal program - Federal Direct Student Loans, Assistance Listing No. 84.268, June 30, 2022; Federal Pell Grants Program, Assistance Listing No. 84.063, June 30, 2022; Federal Supplemental Educational Opportunity Grant, Assistance Listing No. 84. 007, June 30, 2022; Federal Work-Study Program, Assistance Listing No. 84.033, June 30, 2022; TEACH Grant Program, Assistance Listing No. 84.379, June 30, 2022. Criteria - Federal regulations governing the Title IV programs. Condition - Numerous issues of non-compliance were noted, as described in the context below. Questioned Costs - Provided below. Context- We observed the following conditions in connection with our testing of the various U.S. Department of Education, Title IV, Student Financial Assistance Programs: ? Title IV awards for six (6) of twelve (12) students sampled for Return of Title IV (R2T4) did not have funding returned within the required 45-day time frame with total questioned costs of $18,768. ? The College had differences in the following programs which were not reconciled to the general ledger: Program Description Federal Work-Study Federal Direct Student Loans. ? FISAP Work-Study totals did not match general ledger totals. Cause - Oversight by responsible employees not properly monitoring required elements. Effect - The College's participation in the Title IV programs could be subject to USDE sanctions as applicable. Repeat Finding- Yes, regarding Title IV programs not reconciling to the general ledger. Auditor's Recommendation - We recommend the College implement corrective actions to ensure the above findings are resolved and do not recur in future periods. Moreover, internal controls over compliance with Federal program regulations should be revisited to ensure adequate supervisory controls, quality assurance reviews of compliance steps, technical training of staff, and adequate procedures are being followed for compliance purposes. View of Responsible Officials - The Office of Financial Aid understands the seriousness of these findings and are implementing appropriate strategies to minimize and/or eliminate further audit findings, including: ? Conduct monthly reconciliations between the Business and Financial Aid Offices reviewed and approved by the Vice President of Finance and Administration. ? Provide specialized Title IV training for the Financial Aid staff through resources and services provided by our auditors, The Wesley Peachtree Group, CPAs to improve and ensure processes align with federal reporting guidelines.