FAC Explorer

Audit 342062

FY End
2024-05-31
Total Expended
$38.52M
Findings
4
Programs
13
Organization: Webster University (MO)
Year: 2024 Accepted: 2025-02-11
Auditor: Forvis Mazars

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
522702 2024-001 Significant Deficiency Yes N
522703 2024-001 Significant Deficiency Yes N
1099144 2024-001 Significant Deficiency Yes N
1099145 2024-001 Significant Deficiency Yes N

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $32.50M Yes 1
84.063 Federal Pell Grant Program $3.64M Yes 1
84.038 Federal Perkins Loan Program $587,361 Yes 0
84.033 Federal Work-Study Program $378,288 Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $304,360 Yes 0
47.076 Stem Education (formerly Education and Human Resources) $301,329 - 0
93.732 Mental and Behavioral Health Education and Training Grants $252,997 - 0
84.116 Fund for the Improvement of Postsecondary Education $239,186 - 0
21.027 Covid-19 Coronavirus State and Local Fiscal Recovery Funds $147,623 - 0
16.525 Grants to Reduce Domestic Violence, Dating Violence, Sexual Assault, and Stalking on Campus $109,372 - 0
84.365 English Language Acquisition State Grants $25,009 - 0
10.500 Cooperative Extension Service $22,461 - 0
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $5,658 Yes 0

Contacts

Name Title Type
Q9GDDQV47MX7 Barb Thoele Auditee
3142467111 Leslie Wilson Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: This accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal awards activity of Webster University under programs of the federal government for the year ended May 31, 2023. 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 Webster University, it is not intended to and does not present the financial position, changes in net assets or cash flows of Webster University. 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 reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. De Minimis Rate Used: N Rate Explanation: Webster University has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. This accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal awards activity of Webster University under programs of the federal government for the year ended May 31, 2024. 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 Webster University, it is not intended to and does not present the financial position, changes in net assets or cash flows of Webster University.
Title: Summary of Significant Accounting Policies Accounting Policies: This accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal awards activity of Webster University under programs of the federal government for the year ended May 31, 2023. 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 Webster University, it is not intended to and does not present the financial position, changes in net assets or cash flows of Webster University. 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 reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. De Minimis Rate Used: N Rate Explanation: Webster University has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. 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 reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
Title: Indirect Cost Rate Accounting Policies: This accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal awards activity of Webster University under programs of the federal government for the year ended May 31, 2023. 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 Webster University, it is not intended to and does not present the financial position, changes in net assets or cash flows of Webster University. 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 reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. De Minimis Rate Used: N Rate Explanation: Webster University has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Webster University has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Federal Loan Program Accounting Policies: This accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal awards activity of Webster University under programs of the federal government for the year ended May 31, 2023. 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 Webster University, it is not intended to and does not present the financial position, changes in net assets or cash flows of Webster University. 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 reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. De Minimis Rate Used: N Rate Explanation: Webster University has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The federal loan program listed subsequently is administered directly by Webster University, and balances and transactions relating to this program are included in Webster University’s basic financial statements. Loans outstanding at the beginning of the year and loans made during the year are included in the federal expenditures presented in the Schedule. The balance of loans outstanding at May 31, 2024, consists of 84.038 Federal Perkins Loans $340,185.

Finding Details

Finding 2024-001
Information on the Federal Program - Student Financial Assistance Cluster, Assistance Listing Number 84.268 Federal Direct Student Loans, Assistance Listing Number 84.063 Federal Pell Grant Program, U.S. Department of Education Program Year 2023-2024. Criteria or Specific Requirement – Special Tests and Provisions – Enrollment Reporting. Condition – Certain student enrollment status changes were not communicated to the National Student Loan Data System (“NSLDS”) on a timely basis or were reported incorrectly. Cause – Majority of the exceptions identified in the sample population were related to changes within the system not being electronically identified and reported externally to NSLDS. Effect or potential effect - The NSLDS was not properly notified of student enrollment status changes of Direct Student Loan and Pell recipients in accordance with federal regulations. Questioned costs - None Context – Out of a population of 1145 student enrollment status changes requiring notification transmitted to NSLDS, a sample of 60 student enrollment status changes was selected for testing. Four of the status changes had deviations from reporting requirements. Our sample was not and was not intended to be statistically valid. Identification as a repeat finding – 2023-003, 2022-001, 2021-001, 2020-002, and 2019-001 Recommendation – The University should determine a more timely way to identify and communicate across the necessary departments when a student's enrollment status changes. Possible outside IT assistance may be needed to properly capture student enrollment activity within the system so it gets reported with in the electronic batches going to the Federal Audit Clearinghouse. We also recommend performing self-audits on a monthly or quarterly basis to verify procedures in place are effective. Views of Responsible Officials and Planned Corrective Actions – See management’s response and corrective action plan attached.
Finding 2024-001
Information on the Federal Program - Student Financial Assistance Cluster, Assistance Listing Number 84.268 Federal Direct Student Loans, Assistance Listing Number 84.063 Federal Pell Grant Program, U.S. Department of Education Program Year 2023-2024. Criteria or Specific Requirement – Special Tests and Provisions – Enrollment Reporting. Condition – Certain student enrollment status changes were not communicated to the National Student Loan Data System (“NSLDS”) on a timely basis or were reported incorrectly. Cause – Majority of the exceptions identified in the sample population were related to changes within the system not being electronically identified and reported externally to NSLDS. Effect or potential effect - The NSLDS was not properly notified of student enrollment status changes of Direct Student Loan and Pell recipients in accordance with federal regulations. Questioned costs - None Context – Out of a population of 1145 student enrollment status changes requiring notification transmitted to NSLDS, a sample of 60 student enrollment status changes was selected for testing. Four of the status changes had deviations from reporting requirements. Our sample was not and was not intended to be statistically valid. Identification as a repeat finding – 2023-003, 2022-001, 2021-001, 2020-002, and 2019-001 Recommendation – The University should determine a more timely way to identify and communicate across the necessary departments when a student's enrollment status changes. Possible outside IT assistance may be needed to properly capture student enrollment activity within the system so it gets reported with in the electronic batches going to the Federal Audit Clearinghouse. We also recommend performing self-audits on a monthly or quarterly basis to verify procedures in place are effective. Views of Responsible Officials and Planned Corrective Actions – See management’s response and corrective action plan attached.
Finding 2024-001
Information on the Federal Program - Student Financial Assistance Cluster, Assistance Listing Number 84.268 Federal Direct Student Loans, Assistance Listing Number 84.063 Federal Pell Grant Program, U.S. Department of Education Program Year 2023-2024. Criteria or Specific Requirement – Special Tests and Provisions – Enrollment Reporting. Condition – Certain student enrollment status changes were not communicated to the National Student Loan Data System (“NSLDS”) on a timely basis or were reported incorrectly. Cause – Majority of the exceptions identified in the sample population were related to changes within the system not being electronically identified and reported externally to NSLDS. Effect or potential effect - The NSLDS was not properly notified of student enrollment status changes of Direct Student Loan and Pell recipients in accordance with federal regulations. Questioned costs - None Context – Out of a population of 1145 student enrollment status changes requiring notification transmitted to NSLDS, a sample of 60 student enrollment status changes was selected for testing. Four of the status changes had deviations from reporting requirements. Our sample was not and was not intended to be statistically valid. Identification as a repeat finding – 2023-003, 2022-001, 2021-001, 2020-002, and 2019-001 Recommendation – The University should determine a more timely way to identify and communicate across the necessary departments when a student's enrollment status changes. Possible outside IT assistance may be needed to properly capture student enrollment activity within the system so it gets reported with in the electronic batches going to the Federal Audit Clearinghouse. We also recommend performing self-audits on a monthly or quarterly basis to verify procedures in place are effective. Views of Responsible Officials and Planned Corrective Actions – See management’s response and corrective action plan attached.
Finding 2024-001
Information on the Federal Program - Student Financial Assistance Cluster, Assistance Listing Number 84.268 Federal Direct Student Loans, Assistance Listing Number 84.063 Federal Pell Grant Program, U.S. Department of Education Program Year 2023-2024. Criteria or Specific Requirement – Special Tests and Provisions – Enrollment Reporting. Condition – Certain student enrollment status changes were not communicated to the National Student Loan Data System (“NSLDS”) on a timely basis or were reported incorrectly. Cause – Majority of the exceptions identified in the sample population were related to changes within the system not being electronically identified and reported externally to NSLDS. Effect or potential effect - The NSLDS was not properly notified of student enrollment status changes of Direct Student Loan and Pell recipients in accordance with federal regulations. Questioned costs - None Context – Out of a population of 1145 student enrollment status changes requiring notification transmitted to NSLDS, a sample of 60 student enrollment status changes was selected for testing. Four of the status changes had deviations from reporting requirements. Our sample was not and was not intended to be statistically valid. Identification as a repeat finding – 2023-003, 2022-001, 2021-001, 2020-002, and 2019-001 Recommendation – The University should determine a more timely way to identify and communicate across the necessary departments when a student's enrollment status changes. Possible outside IT assistance may be needed to properly capture student enrollment activity within the system so it gets reported with in the electronic batches going to the Federal Audit Clearinghouse. We also recommend performing self-audits on a monthly or quarterly basis to verify procedures in place are effective. Views of Responsible Officials and Planned Corrective Actions – See management’s response and corrective action plan attached.