Notes to SEFA
The purpose of the schedule of expenditures of federal awards (the Schedule) is to present a summary of those activities of Crown College (the College) that have been financed by the United States government. Federal awards received directly from federal agencies are included in the Schedule. Additionally, all federal awards passed through from other entities have been included on the Schedule. Although the College is required to match certain grants, as defined in the grants, no such matching is included in the Schedule. 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). Because the Schedule presents only a selected portion of the operations of the College, it is not intended to and does not present the financial position, statement of activities, or cash flows of Crown College.
The Institution 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 institution offers under 34 CFR 600.7(b) and (g) * Regular students that enroll in correspondence courses under 34 CFR 600.7(b) and (g) * Institution’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) * Institution’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 https://www.ecfr.gov/current/title-34/subtitle-B/chapter-VI/part-668/subpart-A/section-668.8 34 CFR 668.8(e)(2)