FAC Explorer

Audit 9779

FY End
2023-06-30
Total Expended
$10.12M
Findings
0
Programs
8
Organization: Aiken Technical College (SC)
Year: 2023 Accepted: 2024-01-05
Auditor: Mauldin and Jenkins LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.063 Federal Pell Grant Program $4.88M Yes 0
84.268 Federal Direct Student Loans $1.80M Yes 0
81.104 Environmental Remediation and Waste Processing and Disposal $226,523 - 0
84.048 Career and Technical Education -- Basic Grants to States $138,601 - 0
14.218 Community Development Block Grants/entitlement Grants $85,500 - 0
84.007 Federal Supplemental Educational Opportunity Grants $78,563 Yes 0
84.033 Federal Work-Study Program $11,417 Yes 0
84.425 Education Stabilization Fund $4,606 Yes 0

Contacts

Name Title Type
KB1UHMCLKBA1 Betsy Cline Auditee
8035087457 Brian Nicholson Auditor
No contacts on file

Notes to SEFA

Title: See content Accounting Policies: See notes De Minimis Rate Used: N Rate Explanation: See above NOTE 1. SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The Schedule of Expenditures of Federal Awards includes the federal grant activity of Aiken Technical College (the “College”) and is prepared on the accrual basis of accounting. Program Type Determination Type A programs are defined as federal programs with federal expenditures exceeding $750,000. The threshold of $750,000 was used in distinguishing between Type A and Type B programs. Method of Major Program Selection The risk-based approach was used in the selection of federal programs to be tested as major programs. The College qualified as a low-risk auditee for the fiscal year ended June 30, 2023. NOTE 2. DE MINIMIS INDIRECT COST RATE The College chose not to use the ten percent de Minimis indirect cost rate for the year ended June 30, 2023.