FAC Explorer

Audit 327816

FY End
2024-06-30
Total Expended
$44.56M
Findings
0
Programs
16
Organization: Harding University, Inc. (AR)
Year: 2024 Accepted: 2024-11-08
Auditor: Landmark Plc

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $34.46M Yes 0
84.063 Federal Pell Grant Program $4.32M Yes 0
84.038 Perkins Loan Program $2.58M Yes 0
93.364 Nursing Student Loans $980,800 Yes 0
84.033 Federal Work-Study Program $411,802 Yes 0
84.047 Trio Upward Bound $343,728 - 0
84.217 Trio McNair Post-Baccalaureate Achievement $310,102 - 0
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $187,642 Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $126,611 Yes 0
43.008 Office of Stem Engagement (ostem) $124,606 - 0
93.859 Biomedical Research and Research Training $120,946 - 0
93.658 Foster Care Title IV-E $104,512 - 0
47.041 Engineering $100,939 - 0
84.425 Education Stabilization Fund $86,948 - 0
93.145 Aids Education and Training Centers $9,753 - 0
43.001 Science $3,485 - 0

Contacts

Name Title Type
Q9D2D7M64DD5 Tamara H Hall Auditee
5012794018 Sherry Chesser Auditor
No contacts on file

Notes to SEFA

Title: Federal Student Loan Programs 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 reimubursement. De Minimis Rate Used: N Rate Explanation: The auditee has not elected the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. FEDERAL PERKINS LOAN PROGRAM (84.038)-Balances at the end of the audit period were $1,859,986. NURSING STUDENT LOANS (93.364)-Balances outstanding at the end of the audit period were $822,892.