FAC Explorer

Audit 54910

FY End
2022-06-30
Total Expended
$95.27M
Findings
0
Programs
24
Organization: Pontifical Catholic University of Puerto Rico (PR)
Year: 2022 Accepted: 2023-03-30
Auditor: Kpmg LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans (direct Loans) $38.26M Yes 0
84.063 Federal Pell Grant Program (pell) $24.66M Yes 0
84.425 Covid-19 - Higher Education Emergency Relief Fund (heerf) Student Aid Portion $17.27M Yes 0
84.425 Covid-19 - Heerf Instutional Portion $8.63M Yes 0
84.425 Covid-19 - Additional Fund Emergency $2.21M Yes 0
84.007 Federal Supplemental Educational Opportunity Grants (fseog) $1.70M Yes 0
84.031 Higher Education Institutional Aid $455,455 - 0
84.047 Trio Upward Bound $431,667 - 0
84.938 Disaster Recovery Assistance for Education $396,927 - 0
84.047 Trio Upward Bound-Site $322,084 - 0
84.033 Federal Work-Study Program (fws) $275,731 Yes 0
84.129 Rehabilitation Long-Term Training $182,764 - 0
16.575 Crime Victim Assistance (passed-Through From the Puerto Rico Department of Justice) $165,625 - 0
20.614 (passed-Through From the Puerto Rico Traffic Safety Commission) $77,736 - 0
47.076 Race for Success in Stem $65,568 - 0
84.067 Trio Educational Opportunity Centers $62,329 - 0
93.859 Biomedical Research and Research Training $42,375 - 0
16.034 Coronavirus Emergency Supplemental Funding (passed-Through From the Puerto Rico Department of Justice) $32,405 - 0
97.036 Disaster Grants-Public Assistance (presidentially Declared Disasters) - Passed Through From P.r. Central Covery, Reconstruction and Resiliency Office (cor3) $6,258 - 0
10.223 Hispanic Serving Institutions Education Grants (passed-Through From the University of Puerto Rico) $2,044 - 0
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $1,880 Yes 0
10.017 Specialty Crop Block Grant Program - Farm Bill $890 - 0
84.038 Federal Perkins Loan Program (fpl) Federal Capital Contributions (note 3) $0 Yes 0
10.558 Child and Adult Care Food Program $0 - 0

Contacts

Name Title Type
FGNMYHB9WBN4 Jose Frontera Auditee
7873808391 Luis Perez Auditor
No contacts on file

Notes to SEFA

Accounting Policies: BASIS OF PRESENTATIONThe Schedule of Expenditures of Federal Awards is presented on the accrual basis of accounting, and its purpose is to present,in summary form, the student financial assistance, training and other activities of the Pontifical Catholic University of Puerto Rico for the year ended June 30, 2022 which have been financed by federal agencies.Catalog of Federal Domestic Assistance (CFDA) numbers are presented for those programs for which suchnumbers were available. Federal programs are presented, as appropriate, by Federal Department.During the year ended June 30, 2022, all federal awards were received by Pontifical Catholic University of PuertoRico. It's affiliate, Pontifical Catholic University Service Association did not received federal awards during suchyear.LOAN PROGRAMSThe University administers the following federal loan programs:Outstanding CFDABalance atFederal AgencyNumber30-Jun-22Federal Perkins Loan ProgramU.S. Department of Education84.038$5,105,995 There no loan expenditures and/or disbursements of this loan program for the fiscal year ended June 30, 2022. The University also participates in the Federal Direct Students Loans. Such program is considered as a component of thestudent financial assistance mayor programs. New loans made to eligible students during the year ended June 30,2022 is:$38,262,505.00 Endowment FundsThere are no Federal Government Funds for Endowment. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.