FAC Explorer

Audit 55922

FY End
2022-05-31
Total Expended
$44.77M
Findings
0
Programs
18
Organization: Arcadia University (PA)
Year: 2022 Accepted: 2023-02-26
Auditor: Baker Tilly US LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $30.73M Yes 0
84.063 Federal Pell Grant Program $2.91M Yes 0
84.425 Education Stabilization Fund $404,735 Yes 0
84.038 Federal Perkins Loans Outstanding $367,780 Yes 0
84.033 Federal Work-Study Program $346,244 Yes 0
47.076 Education and Human Resources $268,631 - 0
84.007 Federal Supplemental Educational Opportunity Grants $178,747 Yes 0
84.031 Higher Education_institutional Aid $136,012 Yes 0
98.001 Usaid Foreign Assistance for Programs Overseas $103,634 - 0
93.575 Child Care and Development Block Grant $95,100 - 0
16.525 Grants to Reduce Domestic Violence, Dating Violence, Sexual Assault, and Stalking on Campus $76,666 - 0
93.361 Nursing Research $30,663 - 0
93.865 Child Health and Human Development Extramural Research $28,923 - 0
93.853 Extramural Research Programs in the Neurosciences and Neurological Disorders $12,316 - 0
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $9,903 Yes 0
93.243 Substance Abuse and Mental Health Services_projects of Regional and National Significance $7,297 - 0
47.070 Computer and Information Science and Engineering $6,245 - 0
93.959 Block Grants for Prevention and Treatment of Substance Abuse $2,148 - 0

Contacts

Name Title Type
HT3NK1QGE1H8 Julie Rosner-Lengele Auditee
2155722815 Joseph Sassa Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Arcadia University (the University) under programs of the federal government for the year ended May 31, 2022. 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 University, it is not intended to and does not present the financial position, changes in net position or cash flows of the University. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. FEDERAL PERKINS LOANS OUTSTANDING (84.038) - Balances outstanding at the end of the audit period were 368000.