FAC Explorer

Audit 56776

FY End
2022-05-31
Total Expended
$12.51M
Findings
2
Programs
24
Organization: Juniata College (PA)
Year: 2022 Accepted: 2023-02-09
Auditor: Baker Tilly US LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
61337 2022-001 - - N
637779 2022-001 - - N

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $7.52M Yes 1
84.425 Covid-19 Higher Education Emergency Relief Fund (heerf) - Student Portion $1.42M Yes 0
84.063 Federal Pell Grant Program $1.39M Yes 0
97.036 Disaster Grants - Public Assistance $788,169 Yes 0
84.038 Federal Perkins Loan Program $337,874 Yes 0
84.033 Federal Work-Study Program $212,431 Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $165,826 Yes 0
16.525 Grants to Reduce Domestic Violence, Dating Violence, Sexual Assault, and Stalking on Campus $129,137 - 0
47.074 Biological Sciences: Rcn-Ube Yeast Orphan Gene Project, Finding A Place for Orfans to Go $99,070 - 0
47.076 Education and Human Resources: Energizing Stem Teachings Across Rural Schools $77,928 - 0
93.866 Aging Research: Nih Area Analysis of Host-Microbiota Interactions in Aging C. Elegan Hosts $64,445 - 0
93.243 Substance Abuse and Mental Health Services_projects of Regional and National Significance $53,435 - 0
47.041 Engineering Grant: Division of Chemical, Bioengineering, Environmental and Transport Systems (cbet) $45,409 - 0
47.076 Education and Human Resources: Leveraging Familial Support Systems to Increase Retention of Low Income, Academically Talented Undergraduate Stem Students $36,168 - 0
45.162 Promotion of the Humanities_teaching and Learning Resources and Curriculum Development $34,936 - 0
47.074 Biological Sciences: Rcn Ube Establishing A Genomics Education Alliance $34,577 - 0
47.050 Geosciences: Collaborative Research: Testing the Hypothesis That Iron Oxide - Copper - Gold (iocg) Deposits and Iron Oxide - Apatite (ioa) $30,055 - 0
12.630 Basic, Applied, and Advanced Research in Science and Engineering $22,815 - 0
84.379 Teacher Education Assistance for College and Higher Education Grants $15,088 Yes 0
47.076 Education and Human Resources: Nsf-Bcser: Using Virtual Reality to Train Geo-Spatial Reasoning $10,922 - 0
47.074 Biological Sciences: Rcn-Ube Develop Inclusive Community for Instruct Visualizing Biomolecules $10,327 - 0
47.074 Biological Sciences: Building Community Capacity for Assessment of Student Learning in Undergrad Biochem & Molecular Biology $8,180 - 0
93.866 Aging Research: Nih the Roles of Sphingolipids in Stress Response and Healthy Aging $2,500 - 0
93.318 Protecting and Improving Health Globally: Building and Strengthening Public Health Impact, Systems, Capacity and Security $1,395 - 0

Contacts

Name Title Type
NLCUGE1K1C95 Karla D Wiser Auditee
8146413306 Susan Maloney Auditor
No contacts on file

Notes to SEFA

Title: Basis of Accounting Accounting Policies: The information in the 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. 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, changes in net assets or cash flows of the College. De Minimis Rate Used: N Rate Explanation: The College has not elected to use the 10% de minimis indirect cost rate allowed under the UniformGuidance. The accompanying schedule of expenditures of federal awards (the schedule) presents the expenditures of all federal awards programs of Juniata College (the College) using the accrual basis of accounting.
Title: Student Financial Assistance Loan Programs Accounting Policies: The information in the 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. 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, changes in net assets or cash flows of the College. De Minimis Rate Used: N Rate Explanation: The College has not elected to use the 10% de minimis indirect cost rate allowed under the UniformGuidance. The total loans granted under the Federal Direct Student Loans Program, which were not made by the College but were received by its students, were approximately $7,522,000 for the year ended May 31, 2022.The total loans outstanding under the Federal Perkins Loan Program were approximately $285,000 for the year ended May 31, 2022.

Finding Details

Finding 2022-001
Federal Program - Student Financial Assistance Cluster, Federal Direct Student Loans Federal Agency - U.S. Department of Education Pass-Through Entity - Not Applicable Assistance Listing Number - 84.268 Federal Award Year - June 30, 2022 Criteria: Title IV regulations (34 CFR 668.22) require the College to return the unearned portion of grants or loans to the Title IV program by calculating the refund based on three decimal places. Condition: The federal aid refunds for two of the four students tested were not calculated correctly and resulted in the College not refunding the correct amounts to the Title IV program. The sample was not a statistically valid sample but was determined using Chapter 21 - Audit Sampling Considerations of Uniform Guidance Compliance Audits of the Government Auditing Standards and Single Audits Audit Guide. Cause: The College was calculating the refund based on two decimal places instead of the required three, causing the student refund to be calculated incorrectly. Effect: The College refunded the student the incorrect amount based on the calculation. Questioned Costs: There are no questioned costs associated with this finding. Recommendation: The College should ensure the calculation for returns is including three decimal places instead of two. Views of Responsible Officials: The College acknowledges and concurs with the finding and has corrected the student records discovered in the audit. The College has already implemented the correct calculation when determining the student refund. The College went through the withdrawal population and determined all other refunds were properly calculated.
Finding 2022-001
Federal Program - Student Financial Assistance Cluster, Federal Direct Student Loans Federal Agency - U.S. Department of Education Pass-Through Entity - Not Applicable Assistance Listing Number - 84.268 Federal Award Year - June 30, 2022 Criteria: Title IV regulations (34 CFR 668.22) require the College to return the unearned portion of grants or loans to the Title IV program by calculating the refund based on three decimal places. Condition: The federal aid refunds for two of the four students tested were not calculated correctly and resulted in the College not refunding the correct amounts to the Title IV program. The sample was not a statistically valid sample but was determined using Chapter 21 - Audit Sampling Considerations of Uniform Guidance Compliance Audits of the Government Auditing Standards and Single Audits Audit Guide. Cause: The College was calculating the refund based on two decimal places instead of the required three, causing the student refund to be calculated incorrectly. Effect: The College refunded the student the incorrect amount based on the calculation. Questioned Costs: There are no questioned costs associated with this finding. Recommendation: The College should ensure the calculation for returns is including three decimal places instead of two. Views of Responsible Officials: The College acknowledges and concurs with the finding and has corrected the student records discovered in the audit. The College has already implemented the correct calculation when determining the student refund. The College went through the withdrawal population and determined all other refunds were properly calculated.