Finding Text
Reporting
Federal Program Name
Student Financial Assistance Cluster
Federal Pell Grant Program (PELL), CFDA No. 84.063
Federal Direct Student Loan Program (DL) CFDA No. 84.268
Higher Education Emergency Relief Fund (HEERF)
HEERF Institutional Portion, ALN. 84.425F
HEERF Minority Serving Institutions (MSIs), ALN. 84.425L
Name of Federal Agency
U.S. Department of Education
Pass-through Entity
N/A
Criteria
Financial Reporting
Student Financial Assistance Cluster
According to 2 CFR section 200.328, the Federal agency must require only OMB-approved governmentwide data elements on recipient financial reports. OMB requires to use form SF-270 for Request for
Advance or Reimbursement (Form 270, Request for Title IV Reimbursement or Heightened Cash
Monitoring 2 [0MB No. 1845-0089]) - Applicable to ED programs (using the GS System).
Special Reporting
Higher Education Emergency Relief Fund (HEERF)
According 2 CFR section 200.329 outlines the monitoring and reporting program performance requirements
for Federal awards. It emphasizes the responsibility of the recipient and subrecipient for oversight and
compliance with applicable Federal requirements. The CARES Act 18004(e) and the CRRSAA 314(e)
requires an institution receiving funds under HEERF I and HEERF II to submit a report to the secretary, at
such a manner as the secretary may require.-19-
ATLANTIC UNIVERSITY INC.
(Non-Profit Organization)
Schedule of Findings and Questioned Costs
For the Year Ended June 30, 2022
SECTION III – FINDINGS AND QUESTIONED COSTS RELATING TO FEDERAL AWARDS, (Continued)
Finding No. 2022–004 - Reporting, (Continued)
Condition
Financial Reporting
Student Financial Assistance Cluster
As part of our testing, we selected 6 fund request transactions proportionally among the grants as of June
30, 2022. We noted that in all transactions the Institution this not use Form 270, neither a similar document
that was properly signed by an authorized official.
Higher Education Emergency Relief Fund (HEERF)
As part of our testing, we observed that in the quarterly report information was inaccurate, since the
Student Portion expense information was not reported. Also, the report of March 2022 quarter was
submitted late.
Cause
Student Financial Assistance Cluster
The form was not prepared because the person in charge did not know that it was required.
Higher Education Emergency Relief Fund (HEERF)
The person in charge was unaware that Student portion information had to be included in the quarterly
reports.
Effect
As a result of this condition, the USDE was prevented from the use of accurate reporting data, which is
critical for the effective administration of HEERF program for USDE budgetary policy analysis.
Questioned Cost
None
Context
Student Financial Assistance Cluster
Of the 62 funds requisitions for 2022, we selected 6 instances in which the Institution did not comply with
the financial reporting requirements
Higher Education Emergency Relief Fund (HEERF)
Of four (4) quarterly reports for 2022, we selected all reports for examinations in which the Institution did
not comply with the special reporting requirements.
Identification of a Repeat Finding
This is not a repeat finding from the immediate previous audit.
Views of Responsible Officials and Planned Corrective Actions
The Institution management agrees with this finding. Please refer to the corrective action plan on pages
22-26.
Recommendation
Management should reassess the reporting procedures of the federal programs in which the Institution
submits the information to the USDE to ensure they comply with the reporting timeframe. The Institution
should enhance both electronic and manual procedures to ensure that the required reports are timely and
accurately reported to USDE.