FAC Explorer

Audit 33650

FY End
2022-06-30
Total Expended
$15.69M
Findings
8
Programs
10
Organization: Notre Dame College (OH)
Year: 2022 Accepted: 2023-01-03
Auditor: Maloney + Novotny LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
34101 2022-001 - - L
34102 2022-001 - - L
34103 2022-001 - - L
34104 2022-001 - - L
610543 2022-001 - - L
610544 2022-001 - - L
610545 2022-001 - - L
610546 2022-001 - - L

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $8.86M Yes 0
84.063 Federal Pell Grant Program $2.66M Yes 0
84.038 Federal Perkins Loan Program $408,203 Yes 0
84.031 Higher Education_institutional Aid $385,960 - 0
84.042 Trio_student Support Services $216,623 - 0
84.007 Federal Supplemental Educational Opportunity Grants $131,228 Yes 0
84.033 Federal Work-Study Program $64,784 Yes 0
93.243 Substance Abuse and Mental Health Services_projects of Regional and National Significance $64,343 - 0
84.425 Education Stabilization Fund $18,233 Yes 1
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $12,729 Yes 0

Contacts

Name Title Type
L6MYGN5JTNQ5 Jennifer Erbs Auditee
2163736352 Pamela Lebold Auditor
No contacts on file

Notes to SEFA

Title: Note 1 Basis of Presentation 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 in reimbursement. De Minimis Rate Used: N Rate Explanation: Notre Dame College has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal grant activity of Notre Dame College under programs of the federal government for the year ended June 30, 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 (the "Uniform Guidance"). Because the Schedule presents only a selected portion of the operations of Notre Dame College, it is not intended to and does not present the financial position, changes in net assets or cash flows of Notre Dame College.
Title: Note 4 Federal Perkins Loan Progam 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 in reimbursement. De Minimis Rate Used: N Rate Explanation: Notre Dame College has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. The amount presented as Perkins loan fund expenditures includes outstanding loan balances at the beginning of the year, loans made during the year and cash balances at June 30, 2022. The balances of loans outstanding at June 30, 2022 were $320,668.

Finding Details

Finding 2022-001
FINDING 2022-001 Program: COVID-19 CARES ACT: CFDA 84.425 HIGHER EDUCATION EMERGENCY RELIEF FUND Criteria: Under section 18004(a)(1) of the Coronavirus Aid, Relief and Economic Security ("CARES") Act, the Recipient retains discretion to determine the amount of each individual emergency financial aid grant consistent with all applicable laws including non-discrimination laws. Condition: Notre Dame College did not verify that individual emergency financial aid grants followed its stated policy. Repeat Finding from Prior Year: No Questioned Cost: None Context: The Institution failed to verify that the information obtained from an internal data reporting system was in compliance with its policy. Effect: Although Notre Dame College disbursed the entire Student Aid Portion of the HEERF award to the students, there were individual amounts distributed to students that did not comply with the Institution's policy. This resulted in an under-payment in the amount of $4,300 to seven students out of forty that were sampled. When the College reviewed the entire population, the overall result was an under-payment to the students in the amount of $107,148. Cause: Notre Dame College was unaware that the information pulled from an internal data reporting system was incorrect resulting in certain students being over or under awarded HEERF dollars. Recommendation: Verify that information being pulled from the internal data reporting system is correct. Management Response: Management acknowledges that there was an undetected error in the information obtained from the data reporting system; however, the funds were fully distributed, and management has no intention of taking any follow up actions with the students regarding a corrective payment. Management will defer to the DOE for further guidance on resolution.
Finding 2022-001
FINDING 2022-001 Program: COVID-19 CARES ACT: CFDA 84.425 HIGHER EDUCATION EMERGENCY RELIEF FUND Criteria: Under section 18004(a)(1) of the Coronavirus Aid, Relief and Economic Security ("CARES") Act, the Recipient retains discretion to determine the amount of each individual emergency financial aid grant consistent with all applicable laws including non-discrimination laws. Condition: Notre Dame College did not verify that individual emergency financial aid grants followed its stated policy. Repeat Finding from Prior Year: No Questioned Cost: None Context: The Institution failed to verify that the information obtained from an internal data reporting system was in compliance with its policy. Effect: Although Notre Dame College disbursed the entire Student Aid Portion of the HEERF award to the students, there were individual amounts distributed to students that did not comply with the Institution's policy. This resulted in an under-payment in the amount of $4,300 to seven students out of forty that were sampled. When the College reviewed the entire population, the overall result was an under-payment to the students in the amount of $107,148. Cause: Notre Dame College was unaware that the information pulled from an internal data reporting system was incorrect resulting in certain students being over or under awarded HEERF dollars. Recommendation: Verify that information being pulled from the internal data reporting system is correct. Management Response: Management acknowledges that there was an undetected error in the information obtained from the data reporting system; however, the funds were fully distributed, and management has no intention of taking any follow up actions with the students regarding a corrective payment. Management will defer to the DOE for further guidance on resolution.
Finding 2022-001
FINDING 2022-001 Program: COVID-19 CARES ACT: CFDA 84.425 HIGHER EDUCATION EMERGENCY RELIEF FUND Criteria: Under section 18004(a)(1) of the Coronavirus Aid, Relief and Economic Security ("CARES") Act, the Recipient retains discretion to determine the amount of each individual emergency financial aid grant consistent with all applicable laws including non-discrimination laws. Condition: Notre Dame College did not verify that individual emergency financial aid grants followed its stated policy. Repeat Finding from Prior Year: No Questioned Cost: None Context: The Institution failed to verify that the information obtained from an internal data reporting system was in compliance with its policy. Effect: Although Notre Dame College disbursed the entire Student Aid Portion of the HEERF award to the students, there were individual amounts distributed to students that did not comply with the Institution's policy. This resulted in an under-payment in the amount of $4,300 to seven students out of forty that were sampled. When the College reviewed the entire population, the overall result was an under-payment to the students in the amount of $107,148. Cause: Notre Dame College was unaware that the information pulled from an internal data reporting system was incorrect resulting in certain students being over or under awarded HEERF dollars. Recommendation: Verify that information being pulled from the internal data reporting system is correct. Management Response: Management acknowledges that there was an undetected error in the information obtained from the data reporting system; however, the funds were fully distributed, and management has no intention of taking any follow up actions with the students regarding a corrective payment. Management will defer to the DOE for further guidance on resolution.
Finding 2022-001
FINDING 2022-001 Program: COVID-19 CARES ACT: CFDA 84.425 HIGHER EDUCATION EMERGENCY RELIEF FUND Criteria: Under section 18004(a)(1) of the Coronavirus Aid, Relief and Economic Security ("CARES") Act, the Recipient retains discretion to determine the amount of each individual emergency financial aid grant consistent with all applicable laws including non-discrimination laws. Condition: Notre Dame College did not verify that individual emergency financial aid grants followed its stated policy. Repeat Finding from Prior Year: No Questioned Cost: None Context: The Institution failed to verify that the information obtained from an internal data reporting system was in compliance with its policy. Effect: Although Notre Dame College disbursed the entire Student Aid Portion of the HEERF award to the students, there were individual amounts distributed to students that did not comply with the Institution's policy. This resulted in an under-payment in the amount of $4,300 to seven students out of forty that were sampled. When the College reviewed the entire population, the overall result was an under-payment to the students in the amount of $107,148. Cause: Notre Dame College was unaware that the information pulled from an internal data reporting system was incorrect resulting in certain students being over or under awarded HEERF dollars. Recommendation: Verify that information being pulled from the internal data reporting system is correct. Management Response: Management acknowledges that there was an undetected error in the information obtained from the data reporting system; however, the funds were fully distributed, and management has no intention of taking any follow up actions with the students regarding a corrective payment. Management will defer to the DOE for further guidance on resolution.
Finding 2022-001
FINDING 2022-001 Program: COVID-19 CARES ACT: CFDA 84.425 HIGHER EDUCATION EMERGENCY RELIEF FUND Criteria: Under section 18004(a)(1) of the Coronavirus Aid, Relief and Economic Security ("CARES") Act, the Recipient retains discretion to determine the amount of each individual emergency financial aid grant consistent with all applicable laws including non-discrimination laws. Condition: Notre Dame College did not verify that individual emergency financial aid grants followed its stated policy. Repeat Finding from Prior Year: No Questioned Cost: None Context: The Institution failed to verify that the information obtained from an internal data reporting system was in compliance with its policy. Effect: Although Notre Dame College disbursed the entire Student Aid Portion of the HEERF award to the students, there were individual amounts distributed to students that did not comply with the Institution's policy. This resulted in an under-payment in the amount of $4,300 to seven students out of forty that were sampled. When the College reviewed the entire population, the overall result was an under-payment to the students in the amount of $107,148. Cause: Notre Dame College was unaware that the information pulled from an internal data reporting system was incorrect resulting in certain students being over or under awarded HEERF dollars. Recommendation: Verify that information being pulled from the internal data reporting system is correct. Management Response: Management acknowledges that there was an undetected error in the information obtained from the data reporting system; however, the funds were fully distributed, and management has no intention of taking any follow up actions with the students regarding a corrective payment. Management will defer to the DOE for further guidance on resolution.
Finding 2022-001
FINDING 2022-001 Program: COVID-19 CARES ACT: CFDA 84.425 HIGHER EDUCATION EMERGENCY RELIEF FUND Criteria: Under section 18004(a)(1) of the Coronavirus Aid, Relief and Economic Security ("CARES") Act, the Recipient retains discretion to determine the amount of each individual emergency financial aid grant consistent with all applicable laws including non-discrimination laws. Condition: Notre Dame College did not verify that individual emergency financial aid grants followed its stated policy. Repeat Finding from Prior Year: No Questioned Cost: None Context: The Institution failed to verify that the information obtained from an internal data reporting system was in compliance with its policy. Effect: Although Notre Dame College disbursed the entire Student Aid Portion of the HEERF award to the students, there were individual amounts distributed to students that did not comply with the Institution's policy. This resulted in an under-payment in the amount of $4,300 to seven students out of forty that were sampled. When the College reviewed the entire population, the overall result was an under-payment to the students in the amount of $107,148. Cause: Notre Dame College was unaware that the information pulled from an internal data reporting system was incorrect resulting in certain students being over or under awarded HEERF dollars. Recommendation: Verify that information being pulled from the internal data reporting system is correct. Management Response: Management acknowledges that there was an undetected error in the information obtained from the data reporting system; however, the funds were fully distributed, and management has no intention of taking any follow up actions with the students regarding a corrective payment. Management will defer to the DOE for further guidance on resolution.
Finding 2022-001
FINDING 2022-001 Program: COVID-19 CARES ACT: CFDA 84.425 HIGHER EDUCATION EMERGENCY RELIEF FUND Criteria: Under section 18004(a)(1) of the Coronavirus Aid, Relief and Economic Security ("CARES") Act, the Recipient retains discretion to determine the amount of each individual emergency financial aid grant consistent with all applicable laws including non-discrimination laws. Condition: Notre Dame College did not verify that individual emergency financial aid grants followed its stated policy. Repeat Finding from Prior Year: No Questioned Cost: None Context: The Institution failed to verify that the information obtained from an internal data reporting system was in compliance with its policy. Effect: Although Notre Dame College disbursed the entire Student Aid Portion of the HEERF award to the students, there were individual amounts distributed to students that did not comply with the Institution's policy. This resulted in an under-payment in the amount of $4,300 to seven students out of forty that were sampled. When the College reviewed the entire population, the overall result was an under-payment to the students in the amount of $107,148. Cause: Notre Dame College was unaware that the information pulled from an internal data reporting system was incorrect resulting in certain students being over or under awarded HEERF dollars. Recommendation: Verify that information being pulled from the internal data reporting system is correct. Management Response: Management acknowledges that there was an undetected error in the information obtained from the data reporting system; however, the funds were fully distributed, and management has no intention of taking any follow up actions with the students regarding a corrective payment. Management will defer to the DOE for further guidance on resolution.
Finding 2022-001
FINDING 2022-001 Program: COVID-19 CARES ACT: CFDA 84.425 HIGHER EDUCATION EMERGENCY RELIEF FUND Criteria: Under section 18004(a)(1) of the Coronavirus Aid, Relief and Economic Security ("CARES") Act, the Recipient retains discretion to determine the amount of each individual emergency financial aid grant consistent with all applicable laws including non-discrimination laws. Condition: Notre Dame College did not verify that individual emergency financial aid grants followed its stated policy. Repeat Finding from Prior Year: No Questioned Cost: None Context: The Institution failed to verify that the information obtained from an internal data reporting system was in compliance with its policy. Effect: Although Notre Dame College disbursed the entire Student Aid Portion of the HEERF award to the students, there were individual amounts distributed to students that did not comply with the Institution's policy. This resulted in an under-payment in the amount of $4,300 to seven students out of forty that were sampled. When the College reviewed the entire population, the overall result was an under-payment to the students in the amount of $107,148. Cause: Notre Dame College was unaware that the information pulled from an internal data reporting system was incorrect resulting in certain students being over or under awarded HEERF dollars. Recommendation: Verify that information being pulled from the internal data reporting system is correct. Management Response: Management acknowledges that there was an undetected error in the information obtained from the data reporting system; however, the funds were fully distributed, and management has no intention of taking any follow up actions with the students regarding a corrective payment. Management will defer to the DOE for further guidance on resolution.