FAC Explorer

Audit 305549

FY End
2023-06-30
Total Expended
$1.35M
Findings
2
Programs
5
Organization: Manhattan Christian College (KS)
Year: 2023 Accepted: 2024-05-06
Auditor: Dana F Cole & Company LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
395922 2023-002 Significant Deficiency - L
972364 2023-002 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $861,932 Yes 1
84.063 Federal Pell Grant Program $272,491 Yes 0
84.425 Education Stabilization Fund $141,398 - 0
84.033 Federal Work-Study Program $54,308 Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $15,289 Yes 0

Contacts

Name Title Type
NZFHLUGNL337 Todd Lhuillier Auditee
7855393571 Kim Pearson, CPA Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED ON THE ACCRUAL BASIS OF ACCOUNTING. De Minimis Rate Used: N Rate Explanation: THE COLLEGE DID NOT ELECT TO USE THE DE MINIMUS COST RATE. THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS INCLUDES THE FEDERAL AWARD ACTIVITY OF MANHATTAN CHRISTIAN COLLEGE AND AFFILIATES. THE INFORMATION IN THIS 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). BECAUSE THE SCHEDULE PRESENTS ONLY A SELECTED PORTION OF THE OPERATIONS OF THE COLLEGE, IT IS NOT INTENDED TO, AND DOES NOT, PRESENT THE FINANCIAL POSITION, CHANGES IN NET ASSETS, OR CASH FLOWS OF THE COLLEGE.
Title: SUBRECIPIENTS Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED ON THE ACCRUAL BASIS OF ACCOUNTING. De Minimis Rate Used: N Rate Explanation: THE COLLEGE DID NOT ELECT TO USE THE DE MINIMUS COST RATE. THERE ARE NO SUBRECIPIENTS TO THE FEDERAL AWARDS OF MANHATTAN CHRISTIAN COLLEGE AND AFFILIATES.

Finding Details

Finding 2023-002
CRITERIA - PER 34 CFR 668.22(A)(1), WHEN A RECIPIENT OF TITLE IV GRANT OR LOAN ASSISTANCE WITHDRAWS FROM AN INSTITUTION DURING A PAYMENT PERIOD OR PERIOD OF ENROLLMENT IN WHICH THE RECIPIENT BEGAN ATTENDANCE, THE INSTITUTION MUST DETERMINE THE AMOUNT OF TITLE IV GRANT OR LOAN ASSISTANCE THAT THE STUDENT EARNED AS OF THE STUDENT'S WITHDRAWL DATE AND RETURN THE PORTION OF UNUSED FUNDS TO THE DEPARTMENT OF EDUCATION WITHIN 45 DAYS OF THE DATE OF DETERMINATION. CONDITION AND CONTEXT - OF OUR SAMPLE OF 51 STUDENT FILES, NINE CASES WERE NOTED WHERE THE STUDENT'S ENROLLMENT STATUS DID NOT AGREE WITH NSLDS. THIS IS NOT A REPEAT FINDING. CAUSE - STAFFING CHANGES OCCURRED AT THE COLLEGE DURING THE YEAR WHICH AFFECTED THE OPPORTUNITY FOR ADEQUATE REVIEW OF STUDENT ENROLLMENT STATUS WITH NSLDS. POTENTIAL EFFECT - IMPROPER REPORTING OF STUDENT ENROLLMENT STATUS COULD AFFECT LOAN DEFERMENTS, GRACE PERIODS, AND THE REQUIREMENTS FOR PAYMENT OF PRINCIPAL AND INTEREST. RECOMMENDATION - WE RECOMMEND THAT THE COLLEGE PERFORM A REVIEW OF STUDENT ENROLLMENT STATUS TO ENSURE THAT COLLEGE RECORDS AGREE WITH NSLDS. VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTION - THE COLLEGE HAS PROVIDED TRAINING TO EMPLOYEES AND IMPLEMENTED REVIEW PROCEDURES TO ENSURE ACCURACY OF REPORTING STUDENT STATUS FOR THE NEXT FISCAL YEAR.
Finding 2023-002
CRITERIA - PER 34 CFR 668.22(A)(1), WHEN A RECIPIENT OF TITLE IV GRANT OR LOAN ASSISTANCE WITHDRAWS FROM AN INSTITUTION DURING A PAYMENT PERIOD OR PERIOD OF ENROLLMENT IN WHICH THE RECIPIENT BEGAN ATTENDANCE, THE INSTITUTION MUST DETERMINE THE AMOUNT OF TITLE IV GRANT OR LOAN ASSISTANCE THAT THE STUDENT EARNED AS OF THE STUDENT'S WITHDRAWL DATE AND RETURN THE PORTION OF UNUSED FUNDS TO THE DEPARTMENT OF EDUCATION WITHIN 45 DAYS OF THE DATE OF DETERMINATION. CONDITION AND CONTEXT - OF OUR SAMPLE OF 51 STUDENT FILES, NINE CASES WERE NOTED WHERE THE STUDENT'S ENROLLMENT STATUS DID NOT AGREE WITH NSLDS. THIS IS NOT A REPEAT FINDING. CAUSE - STAFFING CHANGES OCCURRED AT THE COLLEGE DURING THE YEAR WHICH AFFECTED THE OPPORTUNITY FOR ADEQUATE REVIEW OF STUDENT ENROLLMENT STATUS WITH NSLDS. POTENTIAL EFFECT - IMPROPER REPORTING OF STUDENT ENROLLMENT STATUS COULD AFFECT LOAN DEFERMENTS, GRACE PERIODS, AND THE REQUIREMENTS FOR PAYMENT OF PRINCIPAL AND INTEREST. RECOMMENDATION - WE RECOMMEND THAT THE COLLEGE PERFORM A REVIEW OF STUDENT ENROLLMENT STATUS TO ENSURE THAT COLLEGE RECORDS AGREE WITH NSLDS. VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTION - THE COLLEGE HAS PROVIDED TRAINING TO EMPLOYEES AND IMPLEMENTED REVIEW PROCEDURES TO ENSURE ACCURACY OF REPORTING STUDENT STATUS FOR THE NEXT FISCAL YEAR.