FAC Explorer

Audit 35438

FY End
2022-06-30
Total Expended
$49.15M
Findings
4
Programs
50
Organization: University of Tulsa (OK)
Year: 2022 Accepted: 2022-11-21
Auditor: Forvis LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
34600 2022-001 Significant Deficiency - N
34601 2022-001 Significant Deficiency - N
611042 2022-001 Significant Deficiency - N
611043 2022-001 Significant Deficiency - N

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $28.23M Yes 1
84.038 Federal Perkins Loan Program Federal Capital Contributions $5.60M Yes 0
84.425 Higher Education Emergency Relief Fund Student Aid Portion $3.51M Yes 0
84.063 Federal Pell Grant Program $3.36M Yes 1
84.425 Higher Education Emergency Relief Fund Institutional Portion $1.01M Yes 0
47.041 Engineering Grants $608,657 - 0
81.087 Renewable Energy Research and Development $447,560 - 0
84.007 Federal Supplemental Educational Opportunity Grants $439,480 Yes 0
84.033 Federal Work-Study Program $417,170 Yes 0
12.902 Information Security Grants $382,161 - 0
47.070 Computer and Information Science and Engineering $264,928 - 0
97.RD Homeland Security Grant Program $223,983 - 0
47.RD National Science Foundation $219,288 - 0
47.074 Biological Sciences $204,232 - 0
12.RD Basic and Applied Scientific Research $169,148 - 0
45.312 National Leadership Grants $152,805 - 0
12.800 Air Force Defense Research Sciences Program $139,871 - 0
12.910 Research and Technology Development $118,452 - 0
47.075 Social, Behavioral, and Economic Sciences $100,426 - 0
16.525 Grants to Reduce Domestic Violence, Dating Violence, Sexual Assault, and Stalking on Campus $91,591 - 0
47.083 Office of Integrative Activities $83,960 - 0
93.859 Biomedical Research and Research Training $80,595 - 0
81.089 Fossil Energy Research and Development $77,028 - 0
12.431 Basic Scientific Research $69,458 - 0
43.008 Education $56,662 - 0
12.300 Basic and Applied Scientific Research $51,486 - 0
93.242 Mental Health Research Grants $46,985 - 0
93.865 Child Health and Human Development Extramural Research $44,650 - 0
10.001 Agricultural Research_basic and Applied Research $43,022 - 0
14.906 Healthy Homes Technical Studies Grants $42,273 - 0
15.922 Native American Graves Protection and Repatriation Act $38,239 - 0
10.170 Specialty Crop Block Grant Program - Farm Bill $32,961 - 0
43.RD NASA $32,820 - 0
10.310 Agriculture and Food Research Initiative (afri) $30,910 - 0
47.049 Mathematical and Physical Sciences $23,105 - 0
15.807 Earthquake Hazards Research Grants $19,472 - 0
15.441 Safety and Environmental Enforcement Research and Data Collection for Offshore Energy and Mineral Activities $18,227 - 0
47.076 Education and Human Resources $15,902 - 0
43.001 Science $15,493 - 0
45.301 Museums for America $12,152 - 0
12.903 Gencyber Grants Program $10,483 - 0
16.833 National Sexual Assault Kit Initiative $7,420 - 0
45.164 Promotion of the Humanities Public Program. $5,927 - 0
12.420 Military Medical Research and Development $4,863 - 0
81.RD Renewable Energy $4,526 - 0
45.161 Promotion of Humanities Research $3,884 - 0
15.615 Cooperative Endangered Species Conservation Fund $3,608 - 0
15.634 State Wildlife Grants $3,461 - 0
15.805 Assistance to State Water Resources Research Institutes $2,723 - 0
47.050 Geosciences $1,906 - 0

Contacts

Name Title Type
P23YK1EKPS51 Eric Schick Auditee
9186312359 Rebecca Robins Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of the University under programs of the federal government for the year ended June 30, 2022. 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 Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the University, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the 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. The University has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The federal loan program listed subsequently is administered by the University, who has contracted with University Accounting Service, LLC. Balances and transactions relating to this program are included in the Universitys basic consolidated 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 June 30, 2022 consisted of: $4,072,000

Finding Details

Finding 2022-001
Student Financial Assistance Cluster, ALN 84.063 Federal Pell Grant Program, ALN 84.268 Federal Direct Student Loans, U.S. Department of Education Program Year 2021?2022 Criteria or Specific Requirement ? Special Tests and Provisions: Return of Title IV Funding, 34 CFR Section 668.22 Condition ? The return of four students? Title IV funding was not appropriately calculated and returned to the Department of Education. Questioned Costs ? $2,447; determined based on the amount of Title IV funds under-returned to the Department of Education. Context ? Out of the population of 62 students who received federal student financial assistance but withdrew or dropped out during the year, a sample of seven students was selected for testing. Four returns of Title IV calculations were not correctly calculated, which resulted in underpayment to the respective programs of $2,447. Our sample was not, and was not intended to be, statistically valid. Effect ? Four refunds were incorrect, and funds were under-remitted to the Department of Education. Cause ? In the spring 2022 semester, a break of five snow days was included in the total days but not removed from each student?s calculated attended days in the return of Title IV calculation. Indication as a Repeat Finding ? N/A Recommendation ? The University should review its procedures for ensuring appropriate dates are entered into Colleague for all related return of Title IV calculations and ensure a secondary review is performed of these calculations to ensure the calculations are being performed accurately and in compliance with Department of Education guidelines. Views of Responsible Officials and Planned Corrective Actions ? Management agrees with the finding and will ensure that dates are correctly entered and reviewed in the future.
Finding 2022-001
Student Financial Assistance Cluster, ALN 84.063 Federal Pell Grant Program, ALN 84.268 Federal Direct Student Loans, U.S. Department of Education Program Year 2021?2022 Criteria or Specific Requirement ? Special Tests and Provisions: Return of Title IV Funding, 34 CFR Section 668.22 Condition ? The return of four students? Title IV funding was not appropriately calculated and returned to the Department of Education. Questioned Costs ? $2,447; determined based on the amount of Title IV funds under-returned to the Department of Education. Context ? Out of the population of 62 students who received federal student financial assistance but withdrew or dropped out during the year, a sample of seven students was selected for testing. Four returns of Title IV calculations were not correctly calculated, which resulted in underpayment to the respective programs of $2,447. Our sample was not, and was not intended to be, statistically valid. Effect ? Four refunds were incorrect, and funds were under-remitted to the Department of Education. Cause ? In the spring 2022 semester, a break of five snow days was included in the total days but not removed from each student?s calculated attended days in the return of Title IV calculation. Indication as a Repeat Finding ? N/A Recommendation ? The University should review its procedures for ensuring appropriate dates are entered into Colleague for all related return of Title IV calculations and ensure a secondary review is performed of these calculations to ensure the calculations are being performed accurately and in compliance with Department of Education guidelines. Views of Responsible Officials and Planned Corrective Actions ? Management agrees with the finding and will ensure that dates are correctly entered and reviewed in the future.
Finding 2022-001
Student Financial Assistance Cluster, ALN 84.063 Federal Pell Grant Program, ALN 84.268 Federal Direct Student Loans, U.S. Department of Education Program Year 2021?2022 Criteria or Specific Requirement ? Special Tests and Provisions: Return of Title IV Funding, 34 CFR Section 668.22 Condition ? The return of four students? Title IV funding was not appropriately calculated and returned to the Department of Education. Questioned Costs ? $2,447; determined based on the amount of Title IV funds under-returned to the Department of Education. Context ? Out of the population of 62 students who received federal student financial assistance but withdrew or dropped out during the year, a sample of seven students was selected for testing. Four returns of Title IV calculations were not correctly calculated, which resulted in underpayment to the respective programs of $2,447. Our sample was not, and was not intended to be, statistically valid. Effect ? Four refunds were incorrect, and funds were under-remitted to the Department of Education. Cause ? In the spring 2022 semester, a break of five snow days was included in the total days but not removed from each student?s calculated attended days in the return of Title IV calculation. Indication as a Repeat Finding ? N/A Recommendation ? The University should review its procedures for ensuring appropriate dates are entered into Colleague for all related return of Title IV calculations and ensure a secondary review is performed of these calculations to ensure the calculations are being performed accurately and in compliance with Department of Education guidelines. Views of Responsible Officials and Planned Corrective Actions ? Management agrees with the finding and will ensure that dates are correctly entered and reviewed in the future.
Finding 2022-001
Student Financial Assistance Cluster, ALN 84.063 Federal Pell Grant Program, ALN 84.268 Federal Direct Student Loans, U.S. Department of Education Program Year 2021?2022 Criteria or Specific Requirement ? Special Tests and Provisions: Return of Title IV Funding, 34 CFR Section 668.22 Condition ? The return of four students? Title IV funding was not appropriately calculated and returned to the Department of Education. Questioned Costs ? $2,447; determined based on the amount of Title IV funds under-returned to the Department of Education. Context ? Out of the population of 62 students who received federal student financial assistance but withdrew or dropped out during the year, a sample of seven students was selected for testing. Four returns of Title IV calculations were not correctly calculated, which resulted in underpayment to the respective programs of $2,447. Our sample was not, and was not intended to be, statistically valid. Effect ? Four refunds were incorrect, and funds were under-remitted to the Department of Education. Cause ? In the spring 2022 semester, a break of five snow days was included in the total days but not removed from each student?s calculated attended days in the return of Title IV calculation. Indication as a Repeat Finding ? N/A Recommendation ? The University should review its procedures for ensuring appropriate dates are entered into Colleague for all related return of Title IV calculations and ensure a secondary review is performed of these calculations to ensure the calculations are being performed accurately and in compliance with Department of Education guidelines. Views of Responsible Officials and Planned Corrective Actions ? Management agrees with the finding and will ensure that dates are correctly entered and reviewed in the future.