FAC Explorer

Audit 291560

FY End
2023-06-30
Total Expended
$12.50M
Findings
4
Programs
13
Organization: Lawrence University of Wisconsin (WI)
Year: 2023 Accepted: 2024-02-21
Auditor: Cliftonlarsonallen LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
370050 2023-001 Significant Deficiency - L
370051 2023-001 Significant Deficiency - L
946492 2023-001 Significant Deficiency - L
946493 2023-001 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $5.47M Yes 1
84.038 Federal Perkins Loan Program $2.26M Yes 0
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $2.06M Yes 0
84.063 Federal Pell Grant Program $1.60M Yes 1
64.028 Post-9/11 Veterans Educational Assistance $359,646 - 0
84.033 Federal Work-Study Program $224,235 Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $195,980 Yes 0
47.074 Biological Sciences $77,865 - 0
47.049 Mathematical and Physical Sciences $45,377 - 0
43.008 Education $25,276 - 0
47.076 Education and Human Resources $11,755 - 0
93.242 Mental Health Research Grants $10,838 - 0
93.213 Research and Training in Complementary and Integrative Health $10,754 - 0

Contacts

Name Title Type
E1BLWNK1NDX7 Amy Friedel Auditee
9208327164 Jordan Russell Boehm Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: Expenditures reported on the schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and the Wisconsin State Single Audit Guidelines, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The University has not elected to charge a de minimis indirect cost rate of 10% allowed under the Uniform Guidance. The accompanying schedules of expenditures of federal and state awards (the schedules) include federal and state award activity of Lawrence University Wisconsin (the University) under programs of the federal and state government for the year ended June 30, 2023. The information in these schedules is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the Wisconsin State Single Audit Guidelines issued by the Wisconsin Department of Administration. Because the schedules present only a selected portion of operations of the University, they are not intended to and do not present the financial position, changes in net assets, or cash flows of the University.
Title: FEDERAL LOAN PROGRAMS Accounting Policies: Expenditures reported on the schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and the Wisconsin State Single Audit Guidelines, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The University has not elected to charge a de minimis indirect cost rate of 10% allowed under the Uniform Guidance. The federal student loan program listed in the schedule of expenditures of federal awards is administered by the University, and balances and transactions relating to this program are included in the University’s basic financial statements. Loans outstanding at the beginning of the year and loans made during the year are included in the schedule of expenditures of federal awards. Federal Perkins loans outstanding at June 30, 2023 totaled $1,450,880.
Title: SUBRECIPIENTS Accounting Policies: Expenditures reported on the schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and the Wisconsin State Single Audit Guidelines, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The University has not elected to charge a de minimis indirect cost rate of 10% allowed under the Uniform Guidance. The University has no sub-recipients of federal funds for the year ended June 30, 2023.

Finding Details

Finding 2023-001
Federal Agency: U.S. Department of Education Federal Program Name: Student Financial Aid Cluster: Pell Grant Program Federal Direct Student Loan Program Assistance Listing Number: Pell Grant Program – 84.063 Federal Direct Student Loan Program – 84.268 Federal Award Identification Number and Year: 84.063 – P063P220433-2023 84.268 – P268K230433-2023 Award Period: 84.063 – 3/25/2022 to 8/31/2028 84.268 – 1/1/2022 to 7/29/2044 Type of Finding: • Significant Deficiency in Internal Control over Compliance • Other Matters Criteria or specific requirement: Section 4.4.6 of the NSLDS Enrollment Reporting Guide for additional guidance states that the University must provide to NSLDS the "Program Enrollment Effective Date as the date when the student's current program status first took effect". Condition: The University erroneously reported the program enrollment effective date as the date the program began for students graduating or withdrawing from the program. The campus level effective dates were appropriately reported for these students on a timely basis. Questioned costs: None Context: From a sample of forty (40) students, the program effective date was erroneously reported for twenty-three (23) students. Twenty-one (21) of the twenty-three (23) errors were noted from one batch submission for the June 7, 2023 graduation date. The campus level effective dates were correctly reported for each of these students. Cause: The University failed maintain a system of internal control to ensure the accuracy of the program effective date for a change in status to NSLDS. Effect: The program effective date for the students with errors are not correct within the NSLDS system. Repeat Finding: No Recommendation: We recommend that management review the process for ensuring the accuracy of the program effective date for students with changes in status within the NSLDS system. Views of responsible officials: There is no disagreement with the audit finding.
Finding 2023-001
Federal Agency: U.S. Department of Education Federal Program Name: Student Financial Aid Cluster: Pell Grant Program Federal Direct Student Loan Program Assistance Listing Number: Pell Grant Program – 84.063 Federal Direct Student Loan Program – 84.268 Federal Award Identification Number and Year: 84.063 – P063P220433-2023 84.268 – P268K230433-2023 Award Period: 84.063 – 3/25/2022 to 8/31/2028 84.268 – 1/1/2022 to 7/29/2044 Type of Finding: • Significant Deficiency in Internal Control over Compliance • Other Matters Criteria or specific requirement: Section 4.4.6 of the NSLDS Enrollment Reporting Guide for additional guidance states that the University must provide to NSLDS the "Program Enrollment Effective Date as the date when the student's current program status first took effect". Condition: The University erroneously reported the program enrollment effective date as the date the program began for students graduating or withdrawing from the program. The campus level effective dates were appropriately reported for these students on a timely basis. Questioned costs: None Context: From a sample of forty (40) students, the program effective date was erroneously reported for twenty-three (23) students. Twenty-one (21) of the twenty-three (23) errors were noted from one batch submission for the June 7, 2023 graduation date. The campus level effective dates were correctly reported for each of these students. Cause: The University failed maintain a system of internal control to ensure the accuracy of the program effective date for a change in status to NSLDS. Effect: The program effective date for the students with errors are not correct within the NSLDS system. Repeat Finding: No Recommendation: We recommend that management review the process for ensuring the accuracy of the program effective date for students with changes in status within the NSLDS system. Views of responsible officials: There is no disagreement with the audit finding.
Finding 2023-001
Federal Agency: U.S. Department of Education Federal Program Name: Student Financial Aid Cluster: Pell Grant Program Federal Direct Student Loan Program Assistance Listing Number: Pell Grant Program – 84.063 Federal Direct Student Loan Program – 84.268 Federal Award Identification Number and Year: 84.063 – P063P220433-2023 84.268 – P268K230433-2023 Award Period: 84.063 – 3/25/2022 to 8/31/2028 84.268 – 1/1/2022 to 7/29/2044 Type of Finding: • Significant Deficiency in Internal Control over Compliance • Other Matters Criteria or specific requirement: Section 4.4.6 of the NSLDS Enrollment Reporting Guide for additional guidance states that the University must provide to NSLDS the "Program Enrollment Effective Date as the date when the student's current program status first took effect". Condition: The University erroneously reported the program enrollment effective date as the date the program began for students graduating or withdrawing from the program. The campus level effective dates were appropriately reported for these students on a timely basis. Questioned costs: None Context: From a sample of forty (40) students, the program effective date was erroneously reported for twenty-three (23) students. Twenty-one (21) of the twenty-three (23) errors were noted from one batch submission for the June 7, 2023 graduation date. The campus level effective dates were correctly reported for each of these students. Cause: The University failed maintain a system of internal control to ensure the accuracy of the program effective date for a change in status to NSLDS. Effect: The program effective date for the students with errors are not correct within the NSLDS system. Repeat Finding: No Recommendation: We recommend that management review the process for ensuring the accuracy of the program effective date for students with changes in status within the NSLDS system. Views of responsible officials: There is no disagreement with the audit finding.
Finding 2023-001
Federal Agency: U.S. Department of Education Federal Program Name: Student Financial Aid Cluster: Pell Grant Program Federal Direct Student Loan Program Assistance Listing Number: Pell Grant Program – 84.063 Federal Direct Student Loan Program – 84.268 Federal Award Identification Number and Year: 84.063 – P063P220433-2023 84.268 – P268K230433-2023 Award Period: 84.063 – 3/25/2022 to 8/31/2028 84.268 – 1/1/2022 to 7/29/2044 Type of Finding: • Significant Deficiency in Internal Control over Compliance • Other Matters Criteria or specific requirement: Section 4.4.6 of the NSLDS Enrollment Reporting Guide for additional guidance states that the University must provide to NSLDS the "Program Enrollment Effective Date as the date when the student's current program status first took effect". Condition: The University erroneously reported the program enrollment effective date as the date the program began for students graduating or withdrawing from the program. The campus level effective dates were appropriately reported for these students on a timely basis. Questioned costs: None Context: From a sample of forty (40) students, the program effective date was erroneously reported for twenty-three (23) students. Twenty-one (21) of the twenty-three (23) errors were noted from one batch submission for the June 7, 2023 graduation date. The campus level effective dates were correctly reported for each of these students. Cause: The University failed maintain a system of internal control to ensure the accuracy of the program effective date for a change in status to NSLDS. Effect: The program effective date for the students with errors are not correct within the NSLDS system. Repeat Finding: No Recommendation: We recommend that management review the process for ensuring the accuracy of the program effective date for students with changes in status within the NSLDS system. Views of responsible officials: There is no disagreement with the audit finding.