Title: A
Accounting Policies: A. Reporting Entity-The accompanying schedule includes all federal award programs for the fiscal
year ended July 31, 2023. The reporting entity is defined in Notes to Financial Statements as of
July 31, 2023.
B. Basis of presentation-The information in the accompanying schedule of expenditures of federal
awards is presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulation Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a
selected portion of the operations of Massachusetts School of Law, it is not intended to and does
not present the financial position, changes in net assets or cash flows of Massachusetts School of
Law.
1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a
federal agency, either directly or indirectly, in the form of grants, contracts, cooperative
agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations.
2. Major Programs- The Uniform Guidance establishes the levels of expenditure or expenses to be
used in defining major federal financial award programs. Major programs for the school have been
identified in the attached Schedule of Findings and Questioned costs.
C. Basis of Accounting-The information presented in the schedule of expenditures of federal
awards is presented on the accrual basis of accounting, which is consistent with the reporting in
the Institution’s financial statements.
D. Indirect Cost Rate - The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
E. Subrecipients – There were no funds passed through to subrecipients.
De Minimis Rate Used: N
Rate Explanation: The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
Reporting Entity-The accompanying schedule includes all federal award programs for the fiscal
year ended July 31, 2023. The reporting entity is defined in Notes to Financial Statements as of
July 31, 2023.
Title: B
Accounting Policies: A. Reporting Entity-The accompanying schedule includes all federal award programs for the fiscal
year ended July 31, 2023. The reporting entity is defined in Notes to Financial Statements as of
July 31, 2023.
B. Basis of presentation-The information in the accompanying schedule of expenditures of federal
awards is presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulation Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a
selected portion of the operations of Massachusetts School of Law, it is not intended to and does
not present the financial position, changes in net assets or cash flows of Massachusetts School of
Law.
1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a
federal agency, either directly or indirectly, in the form of grants, contracts, cooperative
agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations.
2. Major Programs- The Uniform Guidance establishes the levels of expenditure or expenses to be
used in defining major federal financial award programs. Major programs for the school have been
identified in the attached Schedule of Findings and Questioned costs.
C. Basis of Accounting-The information presented in the schedule of expenditures of federal
awards is presented on the accrual basis of accounting, which is consistent with the reporting in
the Institution’s financial statements.
D. Indirect Cost Rate - The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
E. Subrecipients – There were no funds passed through to subrecipients.
De Minimis Rate Used: N
Rate Explanation: The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
Basis of presentation-The information in the accompanying schedule of expenditures of federal
awards is presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulation Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a
selected portion of the operations of Massachusetts School of Law, it is not intended to and does
not present the financial position, changes in net assets or cash flows of Massachusetts School of
Law.
Title: 1
Accounting Policies: A. Reporting Entity-The accompanying schedule includes all federal award programs for the fiscal
year ended July 31, 2023. The reporting entity is defined in Notes to Financial Statements as of
July 31, 2023.
B. Basis of presentation-The information in the accompanying schedule of expenditures of federal
awards is presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulation Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a
selected portion of the operations of Massachusetts School of Law, it is not intended to and does
not present the financial position, changes in net assets or cash flows of Massachusetts School of
Law.
1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a
federal agency, either directly or indirectly, in the form of grants, contracts, cooperative
agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations.
2. Major Programs- The Uniform Guidance establishes the levels of expenditure or expenses to be
used in defining major federal financial award programs. Major programs for the school have been
identified in the attached Schedule of Findings and Questioned costs.
C. Basis of Accounting-The information presented in the schedule of expenditures of federal
awards is presented on the accrual basis of accounting, which is consistent with the reporting in
the Institution’s financial statements.
D. Indirect Cost Rate - The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
E. Subrecipients – There were no funds passed through to subrecipients.
De Minimis Rate Used: N
Rate Explanation: The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a
federal agency, either directly or indirectly, in the form of grants, contracts, cooperative
agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations.
Title: 2
Accounting Policies: A. Reporting Entity-The accompanying schedule includes all federal award programs for the fiscal
year ended July 31, 2023. The reporting entity is defined in Notes to Financial Statements as of
July 31, 2023.
B. Basis of presentation-The information in the accompanying schedule of expenditures of federal
awards is presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulation Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a
selected portion of the operations of Massachusetts School of Law, it is not intended to and does
not present the financial position, changes in net assets or cash flows of Massachusetts School of
Law.
1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a
federal agency, either directly or indirectly, in the form of grants, contracts, cooperative
agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations.
2. Major Programs- The Uniform Guidance establishes the levels of expenditure or expenses to be
used in defining major federal financial award programs. Major programs for the school have been
identified in the attached Schedule of Findings and Questioned costs.
C. Basis of Accounting-The information presented in the schedule of expenditures of federal
awards is presented on the accrual basis of accounting, which is consistent with the reporting in
the Institution’s financial statements.
D. Indirect Cost Rate - The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
E. Subrecipients – There were no funds passed through to subrecipients.
De Minimis Rate Used: N
Rate Explanation: The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
Major Programs- The Uniform Guidance establishes the levels of expenditure or expenses to be
used in defining major federal financial award programs. Major programs for the school have been
identified in the attached Schedule of Findings and Questioned costs.
Title: C
Accounting Policies: A. Reporting Entity-The accompanying schedule includes all federal award programs for the fiscal
year ended July 31, 2023. The reporting entity is defined in Notes to Financial Statements as of
July 31, 2023.
B. Basis of presentation-The information in the accompanying schedule of expenditures of federal
awards is presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulation Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a
selected portion of the operations of Massachusetts School of Law, it is not intended to and does
not present the financial position, changes in net assets or cash flows of Massachusetts School of
Law.
1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a
federal agency, either directly or indirectly, in the form of grants, contracts, cooperative
agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations.
2. Major Programs- The Uniform Guidance establishes the levels of expenditure or expenses to be
used in defining major federal financial award programs. Major programs for the school have been
identified in the attached Schedule of Findings and Questioned costs.
C. Basis of Accounting-The information presented in the schedule of expenditures of federal
awards is presented on the accrual basis of accounting, which is consistent with the reporting in
the Institution’s financial statements.
D. Indirect Cost Rate - The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
E. Subrecipients – There were no funds passed through to subrecipients.
De Minimis Rate Used: N
Rate Explanation: The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
Basis of Accounting-The information presented in the schedule of expenditures of federal
awards is presented on the accrual basis of accounting, which is consistent with the reporting in
the Institution’s financial statements.
Title: D
Accounting Policies: A. Reporting Entity-The accompanying schedule includes all federal award programs for the fiscal
year ended July 31, 2023. The reporting entity is defined in Notes to Financial Statements as of
July 31, 2023.
B. Basis of presentation-The information in the accompanying schedule of expenditures of federal
awards is presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulation Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a
selected portion of the operations of Massachusetts School of Law, it is not intended to and does
not present the financial position, changes in net assets or cash flows of Massachusetts School of
Law.
1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a
federal agency, either directly or indirectly, in the form of grants, contracts, cooperative
agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations.
2. Major Programs- The Uniform Guidance establishes the levels of expenditure or expenses to be
used in defining major federal financial award programs. Major programs for the school have been
identified in the attached Schedule of Findings and Questioned costs.
C. Basis of Accounting-The information presented in the schedule of expenditures of federal
awards is presented on the accrual basis of accounting, which is consistent with the reporting in
the Institution’s financial statements.
D. Indirect Cost Rate - The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
E. Subrecipients – There were no funds passed through to subrecipients.
De Minimis Rate Used: N
Rate Explanation: The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
Indirect Cost Rate - The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
Title: E
Accounting Policies: A. Reporting Entity-The accompanying schedule includes all federal award programs for the fiscal
year ended July 31, 2023. The reporting entity is defined in Notes to Financial Statements as of
July 31, 2023.
B. Basis of presentation-The information in the accompanying schedule of expenditures of federal
awards is presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulation Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a
selected portion of the operations of Massachusetts School of Law, it is not intended to and does
not present the financial position, changes in net assets or cash flows of Massachusetts School of
Law.
1. Pursuant to the Uniform Guidance, federal awards are defined as assistance provided by a
federal agency, either directly or indirectly, in the form of grants, contracts, cooperative
agreements, loans, loan guarantees, property, interest subsidies, insurance or direct appropriations.
2. Major Programs- The Uniform Guidance establishes the levels of expenditure or expenses to be
used in defining major federal financial award programs. Major programs for the school have been
identified in the attached Schedule of Findings and Questioned costs.
C. Basis of Accounting-The information presented in the schedule of expenditures of federal
awards is presented on the accrual basis of accounting, which is consistent with the reporting in
the Institution’s financial statements.
D. Indirect Cost Rate - The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
E. Subrecipients – There were no funds passed through to subrecipients.
De Minimis Rate Used: N
Rate Explanation: The school has elected not to use the 10 percent de minimis indirect cost
rate allowed under Uniform Guidance.
Subrecipients – There were no funds passed through to subrecipients.