FAC Explorer

Audit 352068

FY End
2024-06-30
Total Expended
$38.12M
Findings
30
Programs
8
Organization: Bastyr University (WA)
Year: 2024 Accepted: 2025-03-31
Auditor: Weworski & Assocaites

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
551153 2024-001 Material Weakness - A
551154 2024-001 Material Weakness - A
551155 2024-001 Material Weakness - A
551156 2024-001 Material Weakness - A
551157 2024-002 Material Weakness - A
551158 2024-002 Material Weakness - A
551159 2024-002 Material Weakness - A
551160 2024-002 Material Weakness - A
551161 2024-003 Material Weakness - A
551162 2024-004 Material Weakness - A
551163 2024-004 Material Weakness - A
551164 2024-004 Material Weakness - A
551165 2024-004 Material Weakness - A
551166 2024-005 Significant Deficiency - A
551167 2024-006 Significant Deficiency - A
1127595 2024-001 Material Weakness - A
1127596 2024-001 Material Weakness - A
1127597 2024-001 Material Weakness - A
1127598 2024-001 Material Weakness - A
1127599 2024-002 Material Weakness - A
1127600 2024-002 Material Weakness - A
1127601 2024-002 Material Weakness - A
1127602 2024-002 Material Weakness - A
1127603 2024-003 Material Weakness - A
1127604 2024-004 Material Weakness - A
1127605 2024-004 Material Weakness - A
1127606 2024-004 Material Weakness - A
1127607 2024-004 Material Weakness - A
1127608 2024-005 Significant Deficiency - A
1127609 2024-006 Significant Deficiency - A

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $29.87M Yes 6
93.925 Scholarship for Heath Professionals Students Disadvantaged Background $7.55M Yes 0
64.028 Post-9/11 Veterans Educational Assistance $318,699 - 0
84.063 Federal Pell Grant Program $120,876 Yes 3
64.116 Veteran Readiness and Employment $105,752 - 0
84.033 Federal Work-Study Program $105,237 Yes 3
84.007 Federal Supplemental Educational Opportunity Grants $38,126 Yes 3
93.350 National Center for Advancing Translational Sciences $10,298 - 0

Contacts

Name Title Type
LW1XX7KRQ911 Evelyn Wang Auditee
4256023044 Jack Karlson Auditor
No contacts on file

Notes to SEFA

Title: Note 1 Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained I the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: Y Rate Explanation: Bastyr University has an indirect cost rate. The cognizant agency is the Department of Health and Human Services. As such, the University is not eligible to use the 10% de mini mis indirect rate. Basis of Presentation
Title: Note 2 Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained I the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: Y Rate Explanation: Bastyr University has an indirect cost rate. The cognizant agency is the Department of Health and Human Services. As such, the University is not eligible to use the 10% de mini mis indirect rate. Summary of Significant Accounting Policies
Title: Note 3 Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained I the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: Y Rate Explanation: Bastyr University has an indirect cost rate. The cognizant agency is the Department of Health and Human Services. As such, the University is not eligible to use the 10% de mini mis indirect rate. Indirect Cost Rate

Finding Details

Finding 2024-001
The University did not meet the financial responsibility Composite Score threshold for the fiscal year ended June 30, 2024.
Finding 2024-001
The University did not meet the financial responsibility Composite Score threshold for the fiscal year ended June 30, 2024.
Finding 2024-001
The University did not meet the financial responsibility Composite Score threshold for the fiscal year ended June 30, 2024.
Finding 2024-001
The University did not meet the financial responsibility Composite Score threshold for the fiscal year ended June 30, 2024.
Finding 2024-002
The University did not establish written policies and procedures to incorporate the provisions of 34 CFR § 668.51 through 668.61 for verifying applicant information. Additionally, the University did not maintain an annotated copy of the student's ID that includes the date it was received and the name of the individual the University authorized to receive it.
Finding 2024-002
The University did not establish written policies and procedures to incorporate the provisions of 34 CFR § 668.51 through 668.61 for verifying applicant information. Additionally, the University did not maintain an annotated copy of the student's ID that includes the date it was received and the name of the individual the University authorized to receive it.
Finding 2024-002
The University did not establish written policies and procedures to incorporate the provisions of 34 CFR § 668.51 through 668.61 for verifying applicant information. Additionally, the University did not maintain an annotated copy of the student's ID that includes the date it was received and the name of the individual the University authorized to receive it.
Finding 2024-002
The University did not establish written policies and procedures to incorporate the provisions of 34 CFR § 668.51 through 668.61 for verifying applicant information. Additionally, the University did not maintain an annotated copy of the student's ID that includes the date it was received and the name of the individual the University authorized to receive it.
Finding 2024-003
Loan disbursement notifications were not sent to students when loan funds were credited to the students' accounts.
Finding 2024-004
The University did not disclose the required Tier One contract on its website and did not establish policies and procedures related to the Tier One contract and related ED required obligations.
Finding 2024-004
The University did not disclose the required Tier One contract on its website and did not establish policies and procedures related to the Tier One contract and related ED required obligations.
Finding 2024-004
The University did not disclose the required Tier One contract on its website and did not establish policies and procedures related to the Tier One contract and related ED required obligations.
Finding 2024-004
The University did not disclose the required Tier One contract on its website and did not establish policies and procedures related to the Tier One contract and related ED required obligations.
Finding 2024-005
The University reported incorrect Campus and Program level student enrollment information to NSLDS for several students.
Finding 2024-006
The University reported enrollment status changes to NSLDS in an untimely manner for five students.
Finding 2024-001
The University did not meet the financial responsibility Composite Score threshold for the fiscal year ended June 30, 2024.
Finding 2024-001
The University did not meet the financial responsibility Composite Score threshold for the fiscal year ended June 30, 2024.
Finding 2024-001
The University did not meet the financial responsibility Composite Score threshold for the fiscal year ended June 30, 2024.
Finding 2024-001
The University did not meet the financial responsibility Composite Score threshold for the fiscal year ended June 30, 2024.
Finding 2024-002
The University did not establish written policies and procedures to incorporate the provisions of 34 CFR § 668.51 through 668.61 for verifying applicant information. Additionally, the University did not maintain an annotated copy of the student's ID that includes the date it was received and the name of the individual the University authorized to receive it.
Finding 2024-002
The University did not establish written policies and procedures to incorporate the provisions of 34 CFR § 668.51 through 668.61 for verifying applicant information. Additionally, the University did not maintain an annotated copy of the student's ID that includes the date it was received and the name of the individual the University authorized to receive it.
Finding 2024-002
The University did not establish written policies and procedures to incorporate the provisions of 34 CFR § 668.51 through 668.61 for verifying applicant information. Additionally, the University did not maintain an annotated copy of the student's ID that includes the date it was received and the name of the individual the University authorized to receive it.
Finding 2024-002
The University did not establish written policies and procedures to incorporate the provisions of 34 CFR § 668.51 through 668.61 for verifying applicant information. Additionally, the University did not maintain an annotated copy of the student's ID that includes the date it was received and the name of the individual the University authorized to receive it.
Finding 2024-003
Loan disbursement notifications were not sent to students when loan funds were credited to the students' accounts.
Finding 2024-004
The University did not disclose the required Tier One contract on its website and did not establish policies and procedures related to the Tier One contract and related ED required obligations.
Finding 2024-004
The University did not disclose the required Tier One contract on its website and did not establish policies and procedures related to the Tier One contract and related ED required obligations.
Finding 2024-004
The University did not disclose the required Tier One contract on its website and did not establish policies and procedures related to the Tier One contract and related ED required obligations.
Finding 2024-004
The University did not disclose the required Tier One contract on its website and did not establish policies and procedures related to the Tier One contract and related ED required obligations.
Finding 2024-005
The University reported incorrect Campus and Program level student enrollment information to NSLDS for several students.
Finding 2024-006
The University reported enrollment status changes to NSLDS in an untimely manner for five students.