FAC Explorer

Audit 385437

FY End
2025-06-30
Total Expended
$9.94M
Findings
4
Programs
15
Organization: Frederick Community College (MD)
Year: 2025 Accepted: 2026-02-04
Auditor: SB & COMPANY LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1172384 2025-001 Material Weakness Yes P
1172385 2025-001 Material Weakness Yes P
1172386 2025-001 Material Weakness Yes P
1172387 2025-001 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
84.063 PELL $5.56M Yes 1
84.268 DIRECT LOANS $2.94M Yes 1
84.002 CONSOLIDATED ADULT EDUCATION & LITERACY SERVICES $448,952 Yes 0
11.300 ECONOMIC DEVELOPMENT ADMINSTRATION STATE TOURISM GRANT $208,885 Yes 0
84.007 S.E.O.G $125,919 Yes 1
84.048 TITLE IC PROGRAM IMPROVEMENT - REGULAR $111,977 Yes 0
17.285 APPRENTICESHIP USA GRANTS $104,667 Yes 0
84.033 FEDERAL WORK STUDY $95,928 Yes 1
47.076 FREDERICK COMMUNITY COLLEGE STEM SCHOLARS $91,227 Yes 0
47.076 BUILDING THE CELL THERAPY AND FLOW CYTOMETRY WORKFORCE $86,657 Yes 0
84.335 CHILD CARE ACCESS MEANS PARENTS IN SCHOOL $80,005 Yes 0
84.048 MD AFFILIATE FOR CTE PROGRAM IN HOMELAND SECUIRTY AND EMERGENCY PREPAREDNESS $43,287 Yes 0
16.823 EMERGENCY PLANNING FOR JUVENILE JUSTICE FACILITIES $30,505 Yes 0
84.064 HIGHER EDUCATION_VETERANS EDUCATION OUTREACH PROGRAM $4,437 Yes 0
47.076 COLLABORATION BETWEEN COMMUNITY COLLEGES AND A UNIVERSITY TO INCREASE TRANSFER STUDENT SUCCESS IN STEM $653 Yes 0

Contacts

Name Title Type
VRQEHK1XWRL3 Amy Stake Auditee
3018462660 Tobi Hollander Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the Schedule) includes the Federal award activity of the College under programs of the federal government for the year ended June 30, 2025. 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).
During the year ended June 30, 2025, the College processed the following amount of new loans under the Federal Direct Lending Loan Program. Since this program is administered by outside financial institutions, new loans made during the fiscal year relating to this program are considered current year expenditures in the Schedule.
Total expenditures per the Schedule reconciles to the College’s financial statements for the year ended June 30, 2025, as follows

Finding Details

Finding 2025-001
Finding 2025-001 Department of Education Assistance Listing Numbers: 84.007, 84.033, 84.063, 84.268 Student Financial Assistance Cluster Significant Deficiency with Return of Title IV Funds Repeat Finding: No Criteria: Returns of Title IV funds are required to be deposited or transferred into the SFA account or electronic fund transfers initiated to ED as soon as possible, but no later than 45 days after the date the institution determines that the student withdrew. The College must also ensure that they return the lesser of (1) the total amount of unearned Title IV assistance to be returned, or (2) an amount equal to the total institutional charges incurred by the student for the payment period or period of enrollment multiplied by the percentage of Title IV grant or loan assistance that has not been earned by the student. Condition and Context: For 12 of 40 selections of students that had received Title IV funds and had a required return of Title IV funds, the return of title IV funds did not occur within 45 days of the College becoming aware that the student had withdrawn. For 2 of 40 selections the return of Title IV funds to the Department of Education was different from the calculated amount of unearned Title IV assistance. Cause: The College did not consistently meet required timelines in determining the students that had withdrawn and received Title IV funds in order to return the funds in a timely manner. Additionally, the College did not consistently ensure that funds were returned with complete accuracy to the Department of Education. Effect or Potential Effect: The College failed to comply with the U.S. Department of Education’s Return of Title IV guidelines. Questioned Costs: Unknown Recommendation: We recommend that the College implement a policy to ensure that return of Title IV funds is accurately calculated and returned timely to the Department of Education. Views of Responsible Officials: Management agrees with the finding. Refer to the Corrective Action Plan Section of this report.