FAC Explorer

Audit 37862

FY End
2022-05-31
Total Expended
$155.35M
Findings
2
Programs
24
Organization: University of San Francisco (CA)
Year: 2022 Accepted: 2022-11-02
Auditor: Moss Adams LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
38771 2022-001 Significant Deficiency - L
615213 2022-001 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $117.57M Yes 0
84.425 Education Stabilization Fund $18.98M Yes 1
84.063 Federal Pell Grant Program $8.44M Yes 0
84.038 Federal Perkins Loan Program $3.94M Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $1.55M Yes 0
84.033 Federal Work-Study Program $1.16M Yes 0
93.364 Nursing Student Loans $874,000 Yes 0
93.925 Scholarships for Health Professions Students From Disadvantaged Backgrounds $630,000 - 0
93.264 Nurse Faculty Loan Program $591,000 Yes 0
93.247 Advanced Nursing Education Workforce $540,000 - 0
84.044 Trio_talent Search $221,000 - 0
93.859 Biomedical Research and Research Training $146,000 - 0
47.076 Education and Human Resources $137,000 - 0
43.001 Aerospace Education Services Program $102,000 - 0
47.075 Social, Behavioral, and Economic Sciences $96,000 - 0
47.078 Polar Programs $65,000 - 0
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $63,000 Yes 0
93.855 Allergy and Infectious Disease Research $49,000 - 0
81.000 Compressed State Kalman Filter Methods $41,000 - 0
47.074 Biological Sciences $39,000 - 0
47.050 Geosciences $20,000 - 0
11.439 Marin Mammal Data Program $20,000 - 0
47.049 Mathematical and Physical Sciences $12,000 - 0
93.243 Substance Abuse and Mental Health Services $8,000 - 0

Contacts

Name Title Type
EA2TGNNYQZ36 Charles Cross Auditee
4154226522 Kinman Tong Auditor
No contacts on file

Notes to SEFA

Title: NOTE 3 - LOAN PROGRAMS ADMINISTERED BY THE UNIVERSITY 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 as to reimbursement. De Minimis Rate Used: N Rate Explanation: The University has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The federal student loan programs listed below are administered directly by the University, and balances and transactions relating to these programs are included in the Universitys 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 May 31, 2022, consisted of: See Notes to Schedule of Expenditures of Federal Awards for chart/table.
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 as to reimbursement. De Minimis Rate Used: N Rate Explanation: The University has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the University of San Francisco (the University) under programs of the federal government for the year ended May 31, 2022. The information in this Schedule is presented in accordance with the cost principles contained in 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.

Finding Details

Finding 2022-001
Criteria: The U.S. Department of Education (ED) directs each institution to publicly post certain information related to the Emergency Financial Aid Grants to students directly on their website. Institutions must publicly post their report no later than 30 days after the publication of the notice or 30 days after the date ED first obligated the funds under HEERF I, II, or III to the institution for Emergency Financial Aid Grants to Students, whichever comes later. The report must be updated no later than 10 days after the end of each calendar quarter (September 30, December 31, March 31, and June 30). The following are identified as critical information for the Quarterly Public Reporting for Student Aid Portion for the CARES (a)(1) subprogram and the CRRSAA and ARP (a)(1) subprograms: 1) the total amount of Emergency Financial Aid Grants distributed to students as of the date of submission for each program, 2) the estimated total number of students at the institution that are eligible to receive Emergency Financial Aid Grants to Students under each program, 3) the total number of students who received an Emergency Financial Aid Grants to students for each program, and 4) the method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under each program. Condition/Context: For the year ended May 31, 2022, the University filed four Quarterly Public Reports for Student Aid Portion. We selected all four reports for testing and noted that three (related to the quarters June 30, 2021, December 31, 2021, and March 31, 2022) were posted to the University?s website after the required posting deadline. Effect: Reporting requirements of the awards were not met timely. Cause: The University did not follow policies and procedures in a timely manner to meet the compliance requirement. Repeat finding: This is not a repeat finding. Recommendation: We recommend that management adopt a timeline based on the information set out in the guidance to ensure that reporting requirements are met.
Finding 2022-001
Criteria: The U.S. Department of Education (ED) directs each institution to publicly post certain information related to the Emergency Financial Aid Grants to students directly on their website. Institutions must publicly post their report no later than 30 days after the publication of the notice or 30 days after the date ED first obligated the funds under HEERF I, II, or III to the institution for Emergency Financial Aid Grants to Students, whichever comes later. The report must be updated no later than 10 days after the end of each calendar quarter (September 30, December 31, March 31, and June 30). The following are identified as critical information for the Quarterly Public Reporting for Student Aid Portion for the CARES (a)(1) subprogram and the CRRSAA and ARP (a)(1) subprograms: 1) the total amount of Emergency Financial Aid Grants distributed to students as of the date of submission for each program, 2) the estimated total number of students at the institution that are eligible to receive Emergency Financial Aid Grants to Students under each program, 3) the total number of students who received an Emergency Financial Aid Grants to students for each program, and 4) the method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under each program. Condition/Context: For the year ended May 31, 2022, the University filed four Quarterly Public Reports for Student Aid Portion. We selected all four reports for testing and noted that three (related to the quarters June 30, 2021, December 31, 2021, and March 31, 2022) were posted to the University?s website after the required posting deadline. Effect: Reporting requirements of the awards were not met timely. Cause: The University did not follow policies and procedures in a timely manner to meet the compliance requirement. Repeat finding: This is not a repeat finding. Recommendation: We recommend that management adopt a timeline based on the information set out in the guidance to ensure that reporting requirements are met.