Audit 64382

FY End
2022-06-30
Total Expended
$5.70M
Findings
12
Programs
7
Organization: Sierra Nevada College (NV)
Year: 2022 Accepted: 2023-03-12
Auditor: Eide Bailly LLP

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
72371 2022-002 Material Weakness - N
72372 2022-002 Material Weakness - N
72373 2022-002 Material Weakness - N
72374 2022-002 Material Weakness - N
72375 2022-002 Material Weakness - N
72376 2022-003 Material Weakness - L
648813 2022-002 Material Weakness - N
648814 2022-002 Material Weakness - N
648815 2022-002 Material Weakness - N
648816 2022-002 Material Weakness - N
648817 2022-002 Material Weakness - N
648818 2022-003 Material Weakness - L

Programs

Contacts

Name Title Type
XYWSCNVDKZ44 Susan Johnson Auditee
7758817575 Kristin Diggs Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1 - BASIS OF PRESENTATION Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. When applicable, such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowed or limited as to reimbursement. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The University has not elected to use the 10% de minimis cost rate. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Sierra Nevada College d/b/a Sierra Nevada University (the University), under programs of the federal government for the years ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Since the Schedule presents only a select portion of the operations of the University, it is not intended to, and does not, present the Financial position, changes in net assets, or cash flows of the University. The University received federal awards both directly from federal agencies and indirectly through passthrough entities.
Title: NOTE 4 - CLOSE OUT OF STUDENT FINANCIAL AID Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. When applicable, such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowed or limited as to reimbursement. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The University has not elected to use the 10% de minimis cost rate. As of June 30, 2022, the University merged into the University of Nevada, Reno and as such the student financial aid assistance program at the University was closed out and the procedures required by the Department of Education were performed.

Finding Details

2022-002: U.S. Department of Education Student Financial Assistance Cluster: Federal Direct Student Loans, Assistance Listing 84.268 Federal Pell Grant, Assistance Listing 84.063 Federal Work Study Program, Assistance Listing 84.033 Federal Supplemental Education Opportunity Grants, Assistance Listing 84.007 Teacher Education Assistance For College and Higher Education Grants, Assistance Listing 84.379 P268K220568, P063P210568, P033A212492, P007A212492, P379T220568 Special Test and Provisions ? Return of Title IV Funds Material Weakness in Internal Control over Compliance Criteria: Documentation pertaining to the independent review of return of Title IV calculations should be retained to ensure there is evidence of an independent review over the return of Title IV calculations. Condition: During the testing over return of Title IV calculations, we were unable to see evidence of an independent review over the return of Title IV calculations. Cause: During the year the University was working through the transfer of their operations to another University, relocating their Office for Student Financial Services, as well as staff turnover due to the transfer of operations and evidence of the independent review was not retained. Effect: There was no evidence of an independent review over the return of Title IV calculations. Questioned Costs: None Context/Sampling: Nonstatistical sampling was used. Sample size of 4 was selected out of a total of 10 return of Title IV calculations. Repeat Finding From Prior Year: No Recommendation: We recommend that the University retain evidence of an independent review over return of Title IV funds. Views of Responsible Officials: Management agrees with the finding; however, management disagrees with classifying the issue as a material weakness versus a significant deficiency. Per the financial reports received for FY2022 Student Financial Aid from the Department of Education all funds were properly accounted for per their records.
2022-002: U.S. Department of Education Student Financial Assistance Cluster: Federal Direct Student Loans, Assistance Listing 84.268 Federal Pell Grant, Assistance Listing 84.063 Federal Work Study Program, Assistance Listing 84.033 Federal Supplemental Education Opportunity Grants, Assistance Listing 84.007 Teacher Education Assistance For College and Higher Education Grants, Assistance Listing 84.379 P268K220568, P063P210568, P033A212492, P007A212492, P379T220568 Special Test and Provisions ? Return of Title IV Funds Material Weakness in Internal Control over Compliance Criteria: Documentation pertaining to the independent review of return of Title IV calculations should be retained to ensure there is evidence of an independent review over the return of Title IV calculations. Condition: During the testing over return of Title IV calculations, we were unable to see evidence of an independent review over the return of Title IV calculations. Cause: During the year the University was working through the transfer of their operations to another University, relocating their Office for Student Financial Services, as well as staff turnover due to the transfer of operations and evidence of the independent review was not retained. Effect: There was no evidence of an independent review over the return of Title IV calculations. Questioned Costs: None Context/Sampling: Nonstatistical sampling was used. Sample size of 4 was selected out of a total of 10 return of Title IV calculations. Repeat Finding From Prior Year: No Recommendation: We recommend that the University retain evidence of an independent review over return of Title IV funds. Views of Responsible Officials: Management agrees with the finding; however, management disagrees with classifying the issue as a material weakness versus a significant deficiency. Per the financial reports received for FY2022 Student Financial Aid from the Department of Education all funds were properly accounted for per their records.
2022-002: U.S. Department of Education Student Financial Assistance Cluster: Federal Direct Student Loans, Assistance Listing 84.268 Federal Pell Grant, Assistance Listing 84.063 Federal Work Study Program, Assistance Listing 84.033 Federal Supplemental Education Opportunity Grants, Assistance Listing 84.007 Teacher Education Assistance For College and Higher Education Grants, Assistance Listing 84.379 P268K220568, P063P210568, P033A212492, P007A212492, P379T220568 Special Test and Provisions ? Return of Title IV Funds Material Weakness in Internal Control over Compliance Criteria: Documentation pertaining to the independent review of return of Title IV calculations should be retained to ensure there is evidence of an independent review over the return of Title IV calculations. Condition: During the testing over return of Title IV calculations, we were unable to see evidence of an independent review over the return of Title IV calculations. Cause: During the year the University was working through the transfer of their operations to another University, relocating their Office for Student Financial Services, as well as staff turnover due to the transfer of operations and evidence of the independent review was not retained. Effect: There was no evidence of an independent review over the return of Title IV calculations. Questioned Costs: None Context/Sampling: Nonstatistical sampling was used. Sample size of 4 was selected out of a total of 10 return of Title IV calculations. Repeat Finding From Prior Year: No Recommendation: We recommend that the University retain evidence of an independent review over return of Title IV funds. Views of Responsible Officials: Management agrees with the finding; however, management disagrees with classifying the issue as a material weakness versus a significant deficiency. Per the financial reports received for FY2022 Student Financial Aid from the Department of Education all funds were properly accounted for per their records.
2022-002: U.S. Department of Education Student Financial Assistance Cluster: Federal Direct Student Loans, Assistance Listing 84.268 Federal Pell Grant, Assistance Listing 84.063 Federal Work Study Program, Assistance Listing 84.033 Federal Supplemental Education Opportunity Grants, Assistance Listing 84.007 Teacher Education Assistance For College and Higher Education Grants, Assistance Listing 84.379 P268K220568, P063P210568, P033A212492, P007A212492, P379T220568 Special Test and Provisions ? Return of Title IV Funds Material Weakness in Internal Control over Compliance Criteria: Documentation pertaining to the independent review of return of Title IV calculations should be retained to ensure there is evidence of an independent review over the return of Title IV calculations. Condition: During the testing over return of Title IV calculations, we were unable to see evidence of an independent review over the return of Title IV calculations. Cause: During the year the University was working through the transfer of their operations to another University, relocating their Office for Student Financial Services, as well as staff turnover due to the transfer of operations and evidence of the independent review was not retained. Effect: There was no evidence of an independent review over the return of Title IV calculations. Questioned Costs: None Context/Sampling: Nonstatistical sampling was used. Sample size of 4 was selected out of a total of 10 return of Title IV calculations. Repeat Finding From Prior Year: No Recommendation: We recommend that the University retain evidence of an independent review over return of Title IV funds. Views of Responsible Officials: Management agrees with the finding; however, management disagrees with classifying the issue as a material weakness versus a significant deficiency. Per the financial reports received for FY2022 Student Financial Aid from the Department of Education all funds were properly accounted for per their records.
2022-002: U.S. Department of Education Student Financial Assistance Cluster: Federal Direct Student Loans, Assistance Listing 84.268 Federal Pell Grant, Assistance Listing 84.063 Federal Work Study Program, Assistance Listing 84.033 Federal Supplemental Education Opportunity Grants, Assistance Listing 84.007 Teacher Education Assistance For College and Higher Education Grants, Assistance Listing 84.379 P268K220568, P063P210568, P033A212492, P007A212492, P379T220568 Special Test and Provisions ? Return of Title IV Funds Material Weakness in Internal Control over Compliance Criteria: Documentation pertaining to the independent review of return of Title IV calculations should be retained to ensure there is evidence of an independent review over the return of Title IV calculations. Condition: During the testing over return of Title IV calculations, we were unable to see evidence of an independent review over the return of Title IV calculations. Cause: During the year the University was working through the transfer of their operations to another University, relocating their Office for Student Financial Services, as well as staff turnover due to the transfer of operations and evidence of the independent review was not retained. Effect: There was no evidence of an independent review over the return of Title IV calculations. Questioned Costs: None Context/Sampling: Nonstatistical sampling was used. Sample size of 4 was selected out of a total of 10 return of Title IV calculations. Repeat Finding From Prior Year: No Recommendation: We recommend that the University retain evidence of an independent review over return of Title IV funds. Views of Responsible Officials: Management agrees with the finding; however, management disagrees with classifying the issue as a material weakness versus a significant deficiency. Per the financial reports received for FY2022 Student Financial Aid from the Department of Education all funds were properly accounted for per their records.
2022-003: U.S. Department of Education Higher Education Emergency Relief Fund COVID-19 ? Higher Education Emergency Relief Fund ? Student Portion, Assistance Listing 84.425E P425E200015 Reporting Material Weakness in Internal Control over Compliance Criteria: Based upon the guidance provided by the Department of Education, the quarterly reports should appear on separate documents by quarter and should not be cumulative. Condition: The quarterly HEERF reports were reported on a cumulative basis rather than the information for only that quarter. Cause: The University did not have internal controls to ensure that the data reported on the quarterly student HEERF reports were quarterly information rather than cumulative. Effect: The information submitted on the quarterly student HEERF reports reported cumulative data rather than only the information for that quarter. Questioned Costs: None Context/Sampling: Nonstatistical sampling was used. Sample size of 3 reports were selected out of a total of 5 reports required to be submitted during the year. Repeat Finding From Prior Year: No Recommendation: We recommend that the University implement a process to ensure that all information submitted for the quarterly reporting is based upon the guidance provided by the Department of Education. Views of Responsible Officials: Management agrees with the finding; however, management disagrees with the classification of the finding as a material weakness versus a significant deficiency.
2022-002: U.S. Department of Education Student Financial Assistance Cluster: Federal Direct Student Loans, Assistance Listing 84.268 Federal Pell Grant, Assistance Listing 84.063 Federal Work Study Program, Assistance Listing 84.033 Federal Supplemental Education Opportunity Grants, Assistance Listing 84.007 Teacher Education Assistance For College and Higher Education Grants, Assistance Listing 84.379 P268K220568, P063P210568, P033A212492, P007A212492, P379T220568 Special Test and Provisions ? Return of Title IV Funds Material Weakness in Internal Control over Compliance Criteria: Documentation pertaining to the independent review of return of Title IV calculations should be retained to ensure there is evidence of an independent review over the return of Title IV calculations. Condition: During the testing over return of Title IV calculations, we were unable to see evidence of an independent review over the return of Title IV calculations. Cause: During the year the University was working through the transfer of their operations to another University, relocating their Office for Student Financial Services, as well as staff turnover due to the transfer of operations and evidence of the independent review was not retained. Effect: There was no evidence of an independent review over the return of Title IV calculations. Questioned Costs: None Context/Sampling: Nonstatistical sampling was used. Sample size of 4 was selected out of a total of 10 return of Title IV calculations. Repeat Finding From Prior Year: No Recommendation: We recommend that the University retain evidence of an independent review over return of Title IV funds. Views of Responsible Officials: Management agrees with the finding; however, management disagrees with classifying the issue as a material weakness versus a significant deficiency. Per the financial reports received for FY2022 Student Financial Aid from the Department of Education all funds were properly accounted for per their records.
2022-002: U.S. Department of Education Student Financial Assistance Cluster: Federal Direct Student Loans, Assistance Listing 84.268 Federal Pell Grant, Assistance Listing 84.063 Federal Work Study Program, Assistance Listing 84.033 Federal Supplemental Education Opportunity Grants, Assistance Listing 84.007 Teacher Education Assistance For College and Higher Education Grants, Assistance Listing 84.379 P268K220568, P063P210568, P033A212492, P007A212492, P379T220568 Special Test and Provisions ? Return of Title IV Funds Material Weakness in Internal Control over Compliance Criteria: Documentation pertaining to the independent review of return of Title IV calculations should be retained to ensure there is evidence of an independent review over the return of Title IV calculations. Condition: During the testing over return of Title IV calculations, we were unable to see evidence of an independent review over the return of Title IV calculations. Cause: During the year the University was working through the transfer of their operations to another University, relocating their Office for Student Financial Services, as well as staff turnover due to the transfer of operations and evidence of the independent review was not retained. Effect: There was no evidence of an independent review over the return of Title IV calculations. Questioned Costs: None Context/Sampling: Nonstatistical sampling was used. Sample size of 4 was selected out of a total of 10 return of Title IV calculations. Repeat Finding From Prior Year: No Recommendation: We recommend that the University retain evidence of an independent review over return of Title IV funds. Views of Responsible Officials: Management agrees with the finding; however, management disagrees with classifying the issue as a material weakness versus a significant deficiency. Per the financial reports received for FY2022 Student Financial Aid from the Department of Education all funds were properly accounted for per their records.
2022-002: U.S. Department of Education Student Financial Assistance Cluster: Federal Direct Student Loans, Assistance Listing 84.268 Federal Pell Grant, Assistance Listing 84.063 Federal Work Study Program, Assistance Listing 84.033 Federal Supplemental Education Opportunity Grants, Assistance Listing 84.007 Teacher Education Assistance For College and Higher Education Grants, Assistance Listing 84.379 P268K220568, P063P210568, P033A212492, P007A212492, P379T220568 Special Test and Provisions ? Return of Title IV Funds Material Weakness in Internal Control over Compliance Criteria: Documentation pertaining to the independent review of return of Title IV calculations should be retained to ensure there is evidence of an independent review over the return of Title IV calculations. Condition: During the testing over return of Title IV calculations, we were unable to see evidence of an independent review over the return of Title IV calculations. Cause: During the year the University was working through the transfer of their operations to another University, relocating their Office for Student Financial Services, as well as staff turnover due to the transfer of operations and evidence of the independent review was not retained. Effect: There was no evidence of an independent review over the return of Title IV calculations. Questioned Costs: None Context/Sampling: Nonstatistical sampling was used. Sample size of 4 was selected out of a total of 10 return of Title IV calculations. Repeat Finding From Prior Year: No Recommendation: We recommend that the University retain evidence of an independent review over return of Title IV funds. Views of Responsible Officials: Management agrees with the finding; however, management disagrees with classifying the issue as a material weakness versus a significant deficiency. Per the financial reports received for FY2022 Student Financial Aid from the Department of Education all funds were properly accounted for per their records.
2022-002: U.S. Department of Education Student Financial Assistance Cluster: Federal Direct Student Loans, Assistance Listing 84.268 Federal Pell Grant, Assistance Listing 84.063 Federal Work Study Program, Assistance Listing 84.033 Federal Supplemental Education Opportunity Grants, Assistance Listing 84.007 Teacher Education Assistance For College and Higher Education Grants, Assistance Listing 84.379 P268K220568, P063P210568, P033A212492, P007A212492, P379T220568 Special Test and Provisions ? Return of Title IV Funds Material Weakness in Internal Control over Compliance Criteria: Documentation pertaining to the independent review of return of Title IV calculations should be retained to ensure there is evidence of an independent review over the return of Title IV calculations. Condition: During the testing over return of Title IV calculations, we were unable to see evidence of an independent review over the return of Title IV calculations. Cause: During the year the University was working through the transfer of their operations to another University, relocating their Office for Student Financial Services, as well as staff turnover due to the transfer of operations and evidence of the independent review was not retained. Effect: There was no evidence of an independent review over the return of Title IV calculations. Questioned Costs: None Context/Sampling: Nonstatistical sampling was used. Sample size of 4 was selected out of a total of 10 return of Title IV calculations. Repeat Finding From Prior Year: No Recommendation: We recommend that the University retain evidence of an independent review over return of Title IV funds. Views of Responsible Officials: Management agrees with the finding; however, management disagrees with classifying the issue as a material weakness versus a significant deficiency. Per the financial reports received for FY2022 Student Financial Aid from the Department of Education all funds were properly accounted for per their records.
2022-002: U.S. Department of Education Student Financial Assistance Cluster: Federal Direct Student Loans, Assistance Listing 84.268 Federal Pell Grant, Assistance Listing 84.063 Federal Work Study Program, Assistance Listing 84.033 Federal Supplemental Education Opportunity Grants, Assistance Listing 84.007 Teacher Education Assistance For College and Higher Education Grants, Assistance Listing 84.379 P268K220568, P063P210568, P033A212492, P007A212492, P379T220568 Special Test and Provisions ? Return of Title IV Funds Material Weakness in Internal Control over Compliance Criteria: Documentation pertaining to the independent review of return of Title IV calculations should be retained to ensure there is evidence of an independent review over the return of Title IV calculations. Condition: During the testing over return of Title IV calculations, we were unable to see evidence of an independent review over the return of Title IV calculations. Cause: During the year the University was working through the transfer of their operations to another University, relocating their Office for Student Financial Services, as well as staff turnover due to the transfer of operations and evidence of the independent review was not retained. Effect: There was no evidence of an independent review over the return of Title IV calculations. Questioned Costs: None Context/Sampling: Nonstatistical sampling was used. Sample size of 4 was selected out of a total of 10 return of Title IV calculations. Repeat Finding From Prior Year: No Recommendation: We recommend that the University retain evidence of an independent review over return of Title IV funds. Views of Responsible Officials: Management agrees with the finding; however, management disagrees with classifying the issue as a material weakness versus a significant deficiency. Per the financial reports received for FY2022 Student Financial Aid from the Department of Education all funds were properly accounted for per their records.
2022-003: U.S. Department of Education Higher Education Emergency Relief Fund COVID-19 ? Higher Education Emergency Relief Fund ? Student Portion, Assistance Listing 84.425E P425E200015 Reporting Material Weakness in Internal Control over Compliance Criteria: Based upon the guidance provided by the Department of Education, the quarterly reports should appear on separate documents by quarter and should not be cumulative. Condition: The quarterly HEERF reports were reported on a cumulative basis rather than the information for only that quarter. Cause: The University did not have internal controls to ensure that the data reported on the quarterly student HEERF reports were quarterly information rather than cumulative. Effect: The information submitted on the quarterly student HEERF reports reported cumulative data rather than only the information for that quarter. Questioned Costs: None Context/Sampling: Nonstatistical sampling was used. Sample size of 3 reports were selected out of a total of 5 reports required to be submitted during the year. Repeat Finding From Prior Year: No Recommendation: We recommend that the University implement a process to ensure that all information submitted for the quarterly reporting is based upon the guidance provided by the Department of Education. Views of Responsible Officials: Management agrees with the finding; however, management disagrees with the classification of the finding as a material weakness versus a significant deficiency.