Audit 31443

FY End
2022-08-31
Total Expended
$196.38M
Findings
0
Programs
29
Organization: Long Island University (NY)
Year: 2022 Accepted: 2023-05-29
Auditor: Kpmg LLP

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $150.10M Yes 0
84.063 Federal Pell Grant Program $12.08M Yes 0
84.425 Education Stabilization Fund $5.64M Yes 0
93.342 Health Professions Student Loans, Including Primary Care Loans/loans for Disadvantaged Students $5.36M Yes 0
84.038 Federal Perkins Loan Program $4.89M Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $3.19M Yes 0
59.075 Shuttered Venue Operators Grant Program $1.93M - 0
84.033 Federal Work-Study Program $657,183 Yes 0
93.855 Allergy, Immunology and Transplantation Research $462,794 - 0
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $443,801 - 0
93.103 Food and Drug Administration_research $340,003 - 0
93.853 Extramural Research Programs in the Neurosciences and Neurological Disorders $197,219 - 0
93.273 Alcohol Research Programs $184,162 - 0
47.076 Education and Human Resources $177,028 - 0
93.838 Lung Diseases Research $107,744 - 0
47.049 Mathematical and Physical Sciences $95,660 - 0
93.393 Cancer Cause and Prevention Research $66,726 - 0
47.074 Biological Sciences $60,655 - 0
45.163 Promotion of the Humanities_professional Development $40,803 - 0
47.078 Polar Programs $39,695 - 0
47.070 Computer and Information Science and Engineering $27,763 - 0
12.420 Military Medical Research and Development $22,090 - 0
93.847 Diabetes, Digestive, and Kidney Diseases Extramural Research $20,748 - 0
93.279 Drug Abuse and Addiction Research Programs $16,092 - 0
47.075 Social, Behavioral, and Economic Sciences $8,434 - 0
19.900 Aeeca/esf Pd Programs $6,720 - 0
84.016 Undergraduate International Studies and Foreign Language Programs $5,854 - 0
10.310 Agriculture and Food Research Initiative (afri) $2,186 - 0
93.859 Biomedical Research and Research Training $336 - 0

Contacts

Name Title Type
QNAVQDR2HN55 Keith Voss Auditee
5162993547 Joseph Giordano Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Long Island University (the University) under programs of the federal government for the year ended August 31, 2022. The information in this Schedule 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). Because the Schedule presents only a selected portion of the operations of the University, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the University. 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 3226465. HEALTH PROFESSIONS STUDENT LOANS, INCLUDING PRIMARY CARE LOANS/LOANS FOR DISADVANTAGED STUDENTS (93.342) - Balances outstanding at the end of the audit period were 4944409.