FAC Explorer

Audit 55252

FY End
2022-06-30
Total Expended
$22.07M
Findings
2
Programs
24
Organization: Oakton Community College District Number 535 (IL)
Year: 2022 Accepted: 2022-11-21
Auditor: Sikich LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
59906 2022-001 - - E
636348 2022-001 - - E

Programs

ALN Program Spent Major Findings
84.063 Federal Pell Grant Program $5.29M Yes 1
84.002 Adult Education - Basic Grants to States - Federal Basic $535,235 - 0
84.268 Federal Direct Student Loans $325,948 Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $288,900 Yes 0
84.031 Compass - Center for Organizing Minority Programs to Advance Student Success $269,688 - 0
84.042 Trio - Student Support Services Fy21 $265,179 - 0
84.048 Career and Technical Education - Basic Grants to States - Cte Postsecondary $211,868 - 0
84.021 Fulbright - Hays Group Programs Abroad Program $96,620 - 0
64.028 Post-9/11 Veterans Educational Assistance $91,726 - 0
93.U00 Childcare Restoration Grant Fy22 $80,521 - 0
47.076 Stem Scholars Fy21 $76,774 - 0
47.076 Stem Scholars Fy22 $64,528 - 0
84.048 Career and Technical Education - Basic Grants to States - Cte Advising and Resource Grant $64,000 - 0
84.042 Trio - Student Support Services Fy 22 $59,524 - 0
47.076 Education and Human Resources - Nsf Supply Chain Fy21 $56,924 - 0
84.002 Adult Education - Basic Grants to States - El Civics $56,250 - 0
47.076 Advanced Technological Education Fy21 $35,278 - 0
84.033 Federal Work-Study Program $30,000 Yes 0
97.036 Covid-19 Disaster Grants- Public Assistance $27,805 - 0
17.268 Customized Apprenticeship Programming - It $18,503 - 0
93.U00 Childcare Workforce Bonus Grant $2,456 - 0
47.076 Advanced Technological Education Fy20 $2,309 - 0
84.425 Covid-19 Education Stabilization Fund $265 Yes 0
47.076 Roosevelt-Noyce Grant $130 - 0

Contacts

Name Title Type
CFRYVNMY9WV8 Andy Williams Auditee
8476351875 Ray Krouse Auditor
No contacts on file

Notes to SEFA

Title: FEDERAL LOAN PROGRAM Accounting Policies: The accompanying schedule of expenditures of federal awards has been prepared in accordance with accounting principles generally accepted in the United States of America as promulgated by the Governmental Accounting Standards Board (GASB). It is a summary of the activity of the Colleges federal awards program prepared on the accrual basis of accounting. Accordingly, expenditures are recognized when the liability has been incurred and revenues are recognized when the qualifying expenditure has been incurred. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. For the year ended June 30, 2022, the College acted as a pass-through agency for Federal Direct Loans (subsidized and unsubsidized) to students in the amount of $325,948.
Title: OTHER INFORMATION Accounting Policies: The accompanying schedule of expenditures of federal awards has been prepared in accordance with accounting principles generally accepted in the United States of America as promulgated by the Governmental Accounting Standards Board (GASB). It is a summary of the activity of the Colleges federal awards program prepared on the accrual basis of accounting. Accordingly, expenditures are recognized when the liability has been incurred and revenues are recognized when the qualifying expenditure has been incurred. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The College did not receive any federal insurance or federal noncash assistance and did not provide any amounts to sub-recipients.

Finding Details

Finding 2022-001
2022-001 Incorrect Pell Disbursement - Student Financial Aid Cluster Assistance Listing Number 84.007, 84.033, 84.063, 84.268, Grant Period - Year Ended June 30, 2022 Criteria: According to 34 CFR 690.63 students may qualify for a maximum Pell Grant award of $6,495 for an award year. The maximum amount is awarded to students with a zero Expected Family Contribution (EFC) and full-time enrollment status. Students with less than full-time enrollment or more than a zero EFC are eligible for a reduced Pell award. Condition: During our student file testing we noted one student out of forty had was not disbursed the correct Pell Grant award. Based on the student?s enrollment status and need, the College under awarded the student by $680. We consider this to be an instance of noncompliance relating to the Eligibility Compliance Requirement. See Schedule of Findings and Questioned Costs for chart/table. Statistical sampling was not used when making sample selections. Questioned Costs: $0 Effect: One student received an incorrect amount of Pell award and was under awarded an amount of $680. Cause: The College?s internal controls did not identify that the incorrect amount of Pell grant was awarded to the student. According to the Department of Education?s Pell matrix chart, the student was under awarded Pell in the amount of $680. Recommendation: We recommend the College closely monitor all student?s enrollment status to ensure all students receiving financial aid are disbursed the correct amount. Views of Responsible Officials: Management agrees with the Single Audit finding and a response is included in the Corrective Action Plan.
Finding 2022-001
2022-001 Incorrect Pell Disbursement - Student Financial Aid Cluster Assistance Listing Number 84.007, 84.033, 84.063, 84.268, Grant Period - Year Ended June 30, 2022 Criteria: According to 34 CFR 690.63 students may qualify for a maximum Pell Grant award of $6,495 for an award year. The maximum amount is awarded to students with a zero Expected Family Contribution (EFC) and full-time enrollment status. Students with less than full-time enrollment or more than a zero EFC are eligible for a reduced Pell award. Condition: During our student file testing we noted one student out of forty had was not disbursed the correct Pell Grant award. Based on the student?s enrollment status and need, the College under awarded the student by $680. We consider this to be an instance of noncompliance relating to the Eligibility Compliance Requirement. See Schedule of Findings and Questioned Costs for chart/table. Statistical sampling was not used when making sample selections. Questioned Costs: $0 Effect: One student received an incorrect amount of Pell award and was under awarded an amount of $680. Cause: The College?s internal controls did not identify that the incorrect amount of Pell grant was awarded to the student. According to the Department of Education?s Pell matrix chart, the student was under awarded Pell in the amount of $680. Recommendation: We recommend the College closely monitor all student?s enrollment status to ensure all students receiving financial aid are disbursed the correct amount. Views of Responsible Officials: Management agrees with the Single Audit finding and a response is included in the Corrective Action Plan.