Notes to SEFA
The accompanying Schedules of Expenditures of Federal and State Awards for Northeast Wisconsin Technical College (the District) are 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) and the State Single Audit Guidelines issued by the Wisconsin Department of Administration. The Schedules of Expenditures of Federal and State Awards include all federal and state awards of the District. Because the schedules present only a selected portion of the operations of the District, it is not intended to and does not present the financial position, changes in net position, or cash flows of the District
The federal and state oversight agencies for the District are as follows: Federal - U.S. Department of Education State - Wisconsin Technical College System
A reconciliation of federal grant revenues, as presented in the schedule of expenditures of federal awards to federal revenues reported in the District’s financial statements follows: See the Notes to the SEFA for chart/table
A reconciliation of state grant revenues, as presented in the schedule of expenditures of state awards to state revenues reported in the District’s financial statements follows: See the Notes to the SEFA for chart/table
The District is in compliance with the following institutional and program eligibility requirements under the Higher Education Act of 1965 and Federal regulations under 34 CFR 668.23: -Correspondence courses the District offers under 34 CFR 600.7(b) and (g) -Regular students that enroll in correspondence courses under 34 CFR 600.7(b) and (g) -District’s regular students that are incarcerated under 34 CFR 600.7(c) and (g) -Completion rates for confined or incarcerated individuals enrolled in non-degree programs at nonprofit institutions under 34 CFR 600.7(c)(3)(ii) and (g) -District’s regular students that lack a high school diploma or its equivalent under 34 CFR 600.7(d) and (g) -Completion rates for short-term programs under 34 CFR 668.8(f) and (g) -Placement rates for short-term programs under 34 CFR 668.8(e)(2).