FAC Explorer

Audit 343696

FY End
2024-06-30
Total Expended
$60.56M
Findings
2
Programs
35
Organization: Morehouse College (GA)
Year: 2024 Accepted: 2025-02-25
Auditor: Kpmg LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
524425 2024-001 Significant Deficiency - N
1100867 2024-001 Significant Deficiency - N

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $38.04M Yes 1
84.063 Federal Pell Grant Program $7.26M Yes 0
84.031 Higher Education Institutional Aid $3.19M - 0
84.038 Federal Perkins Loan Program_federal Capital Contributions $1.37M Yes 0
93.456 Cdc Undergraduate Public Health Scholars Program (cups): A Public Health Experience to Expose Undergraduates Interested in Minority Health to Public Health and the Public Health Professions $620,725 Yes 0
84.044 Trio Talent Search $569,225 - 0
84.007 Federal Supplemental Educational Opportunity Grants $329,328 Yes 0
84.047 Trio Upward Bound $286,144 - 0
84.217 Trio McNair Post-Baccalaureate Achievement $272,445 - 0
10.559 Summer Food Service Program for Children $151,561 - 0
59.037 Small Business Development Centers $133,662 - 0
84.116 Fund for the Improvement of Postsecondary Education $115,261 - 0
84.033 Federal Work-Study Program $107,342 Yes 0
12.598 Centers for Academic Excellence $96,669 - 0
81.123 National Nuclear Security Administration (nnsa) Minority Serving Institutions (msi) Program $92,643 Yes 0
11.802 Minority Business Resource Development $70,222 - 0
47.076 Stem Education (formerly Education and Human Resources) $64,218 Yes 0
15.904 Historic Preservation Fund Grants-in-Aid $63,137 - 0
81.RD Passed Through Argonne National Laboratory $55,018 Yes 0
47.049 Mathematical and Physical Sciences $35,615 Yes 0
43.008 Office of Stem Engagement (ostem) $29,251 - 0
93.859 Biomedical Research and Research Training $29,177 Yes 0
47.041 Engineering $23,942 Yes 0
47.074 Biological Sciences $23,693 Yes 0
66.509 Science to Achieve Results (star) Research Program $12,679 - 0
84.425 Education Stabilization Fund $9,671 - 0
47.083 Integrative Activities $6,866 Yes 0
47.084 Nsf Technology, Innovation, and Partnerships $5,718 Yes 0
93.135 Centers for Research and Demonstration for Health Promotion and Disease Prevention $5,400 Yes 0
94.013 Americorps Volunteers in Service to America 94.013 $3,097 - 0
45.149 Promotion of the Humanities Division of Preservation and Access $1,629 - 0
84.376 National Science and Mathematics Access to Retain Talent (smart) Grants $0 Yes 0
84.375 Academic Competitiveness Grants $0 Yes 0
84.032 Federal Family Education Loans $0 Yes 0
47.070 Computer and Information Science and Engineering $-13,793 Yes 0

Contacts

Name Title Type
KTE2MFWTKAE5 Haskell Ruff Auditee
4706390525 Dasha Walker Auditor
No contacts on file

Notes to SEFA

Title: Noncash Federal Assistance Accounting Policies: Basis of Presentation The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Morehouse College (the College) and is presented on the accrual basis of accounting. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost of Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the financial statements. Expenditures include a portion of costs associated with general college activities (indirect costs), which are allocated to federal awards under negotiated formulas commonly referred to as indirect cost rates. Indirect costs and related revenue applicable to these cost recoveries are classified as unrestricted expenditures and revenue in the College’s basic financial statements. Restricted grants and contracts and other agreements are recognized in the Schedule when funds are expended and receivable from the federal government. De Minimis Rate Used: N Rate Explanation: The College did not elect to use the 10% de minimis indirect cost rate, as allowed in accordance with Uniform Guidance Section 200.414. Noncash Federal Assistance Most federal financial assistance is in the form of cash awards. However, there are a number of federal programs that do not involve cash transactions with the College. These noncash awards include the Federal Direct Student Loan Program (FDSLP) (which includes the Federal Stafford Student Loan Program and the Federal Parent Loans for Undergraduate Students) and the Federal Perkins Student Loan Program. Loans advanced and related expenditures for the year ended June 30, 2024 are as follows for the following student loan programs: (See the Notes to the SEFA for chart/table). The College is only responsible for the performance of certain administrative duties with respect to the FDSLP. Therefore, it is not practicable to determine the balance of loans outstanding to students and former students of the College under these programs as of June 30, 2024. These loans are not included in the College’s financial statements. The Federal Perkins Student Loan Program is administered directly by the College, and balances and transactions relating to this program are included in the College’s financial statements. The balance of loans outstanding under the Federal Perkins Student Loan Program is $246,116 at June 30, 2024. Perkins Loans advanced in 2024 totaled $0.
Title: Administrative Cost Allowance Accounting Policies: Basis of Presentation The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Morehouse College (the College) and is presented on the accrual basis of accounting. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost of Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the financial statements. Expenditures include a portion of costs associated with general college activities (indirect costs), which are allocated to federal awards under negotiated formulas commonly referred to as indirect cost rates. Indirect costs and related revenue applicable to these cost recoveries are classified as unrestricted expenditures and revenue in the College’s basic financial statements. Restricted grants and contracts and other agreements are recognized in the Schedule when funds are expended and receivable from the federal government. De Minimis Rate Used: N Rate Explanation: The College did not elect to use the 10% de minimis indirect cost rate, as allowed in accordance with Uniform Guidance Section 200.414. The College claimed an administrative cost allowance of $0 under the Federal Work Study Program for the year ended June 30, 2024, which is included in the Federal Work Study Program and Federal Supplemental Educational Opportunity Grant balances in the accompanying Schedule.

Finding Details

Finding 2024-001
Finding No. 2024-001 Enrollment Reporting Federal Program Student Financial Assistance Cluster Assistance Listing Number 84.268 Federal Direct Student Loans Federal Agency U.S. Department of Education Federal Award Years October 1, 2022 to September 30, 2023 October 1, 2023 to September 30, 2024 Criteria or Requirement Institutions are required to report enrollment information under the Pell grant and the Direct and FFEL loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035) (Pell, 34CFR 690.83(b)(2); FFEL, 34CFR 682.610; Direct Loan, 34 CFR 685.309; Perkins 34 CFR 674.19(f)). Condition and Context During our test work, we selected a sample of 40 students that had enrollment status changes during fiscal year 2024. Within our sample, we identified 4 instances where the students’ enrollment status was not properly communicated to National Student Loan Data System (NSLDS). These instances involved students who provided late change in status information to the College outside of normal reporting period. Cause and Potential Effect Noncompliance due to no control in place to identify late submissions of status changes and ensure that these changes are properly communicated to the NSLDS. This lack of control could result in inaccurate or delayed reporting of student status changes to the NSLDS, potentially affecting loan servicing and compliance with federal regulations. Questioned Cost There were no questioned cost associated with the finding. Statistically Valid Sample The sample was not intended to be, and was not, a statistically valid sample. Identification of Whether the Audit Finding is a Repeat Finding in the Immediately Prior Audit This is not a repeat finding in the immediately prior year audit. Recommendation We recommend that the College strengthen its processes and controls to ensure reporting of enrollment status changes via the NSLDS and that additional supervisory review procedures be implemented to monitor reporting of these status changes. View of Responsible Officials Management agrees with the finding. An enhanced internal control process will be implemented by the Registrar Office of Records and Registration Department to ensure that all student enrollment status changes are reported via NSLDS.
Finding 2024-001
Finding No. 2024-001 Enrollment Reporting Federal Program Student Financial Assistance Cluster Assistance Listing Number 84.268 Federal Direct Student Loans Federal Agency U.S. Department of Education Federal Award Years October 1, 2022 to September 30, 2023 October 1, 2023 to September 30, 2024 Criteria or Requirement Institutions are required to report enrollment information under the Pell grant and the Direct and FFEL loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035) (Pell, 34CFR 690.83(b)(2); FFEL, 34CFR 682.610; Direct Loan, 34 CFR 685.309; Perkins 34 CFR 674.19(f)). Condition and Context During our test work, we selected a sample of 40 students that had enrollment status changes during fiscal year 2024. Within our sample, we identified 4 instances where the students’ enrollment status was not properly communicated to National Student Loan Data System (NSLDS). These instances involved students who provided late change in status information to the College outside of normal reporting period. Cause and Potential Effect Noncompliance due to no control in place to identify late submissions of status changes and ensure that these changes are properly communicated to the NSLDS. This lack of control could result in inaccurate or delayed reporting of student status changes to the NSLDS, potentially affecting loan servicing and compliance with federal regulations. Questioned Cost There were no questioned cost associated with the finding. Statistically Valid Sample The sample was not intended to be, and was not, a statistically valid sample. Identification of Whether the Audit Finding is a Repeat Finding in the Immediately Prior Audit This is not a repeat finding in the immediately prior year audit. Recommendation We recommend that the College strengthen its processes and controls to ensure reporting of enrollment status changes via the NSLDS and that additional supervisory review procedures be implemented to monitor reporting of these status changes. View of Responsible Officials Management agrees with the finding. An enhanced internal control process will be implemented by the Registrar Office of Records and Registration Department to ensure that all student enrollment status changes are reported via NSLDS.