FAC Explorer

Audit 793

FY End
2023-05-31
Total Expended
$2.54M
Findings
4
Programs
4
Organization: Amberton University (TX)
Year: 2023 Accepted: 2023-10-19
Auditor: Sst Accountants & Consultants

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
374 2023-001 Significant Deficiency - L
375 2023-002 Significant Deficiency - L
576816 2023-001 Significant Deficiency - L
576817 2023-002 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $2.22M Yes 2
84.425F Education Stabilization Fund $172,703 - 0
64.028 Post-9/11 Veterans Educational Assistance $80,299 - 0
84.063 Federal Pell Grant Program $66,569 Yes 0

Contacts

Name Title Type
J2JLQFN6NBJ1 Brent Bradshaw Auditee
9722796511 Tanya Severski Auditor
No contacts on file

Notes to SEFA

Title: Basis of Accounting Accounting Policies: Accrual basis of accounting De Minimis Rate Used: N Rate Explanation: Accrual basis of accounting The Schedule of Expenditures of Federal Awards is prepared on the accrual basis of accounting and includes the federal grant activity of Amberton University. 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) wherein certain types of expenditures are not allowable or are limited as to reimbursement. Amberton University have elected not to use the 1 0-percent de minimis indirect cost rate allowed under the Uniform Guidance. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.

Finding Details

Finding 2023-001
The University did not timely perform the required FDL exit counseling for 10 of 12 students in the sample requiring exit counseling
Finding 2023-002
The University did not accurately update NSLDS for nine of the 40 students tested. Specifically, the University reported incorrect statuses and/or misreported the students' last date of attendance
Finding 2023-001
The University did not timely perform the required FDL exit counseling for 10 of 12 students in the sample requiring exit counseling
Finding 2023-002
The University did not accurately update NSLDS for nine of the 40 students tested. Specifically, the University reported incorrect statuses and/or misreported the students' last date of attendance