FAC Explorer

Audit 26746

FY End
2022-06-30
Total Expended
$49.00M
Findings
0
Programs
15
Organization: Harding University, Inc. (AR)
Year: 2022 Accepted: 2023-02-22
Auditor: Mallory & Associates CPAS

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $37.16M Yes 0
84.038 Federal Perkins Loan Program $4.91M Yes 0
84.063 Federal Pell Grant Program $3.49M Yes 0
93.364 Nursing Student Loans $1.03M Yes 0
84.033 Federal Work-Study Program $411,802 Yes 0
84.047 Trio_upward Bound $350,992 - 0
84.217 Trio_mcnair Post-Baccalaureate Achievement $306,169 - 0
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $210,322 Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $119,250 Yes 0
93.859 Biomedical Research and Research Training $96,684 - 0
93.658 Foster Care_title IV-E $88,135 - 0
84.425 Education Stabilization Fund $76,560 - 0
47.041 Engineering $57,200 - 0
43.008 Education $16,235 - 0
47.083 Integrative Activities $5,000 - 0

Contacts

Name Title Type
Q9D2D7M64DD5 Tamara H Hall Auditee
5012794018 George Mallory III 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 3655804. NURSING STUDENT LOANS (93.364) - Balances outstanding at the end of the audit period were 864888.