Finding Text
U.S. Department of Education Education Stabilization Fund 84.425 Federal award identification number P425E204935 Requirements: (L) Reporting Condition: The College did not publicly post any of the four required quarterly student aid reports. Criteria: Per CRRSAA 314, recipients of CARES Act HEERF funding are required to provide public reporting of student aid funds disbursed. Cause: The College failed to comply due to a lack of policies and procedures in this area and a lack of knowledge of federal requirements among new management level staff. Effect: The College is not in compliance with federal regulations under the requirement of 31 USC Chapter 75 and 2 CFR Part 200, Subpart F. Repeat Finding: Not a repeat finding Recommendation: RBT suggests that the College develop and follow detailed controls over federal grant requirements. Perspective: This issue appears to be systemic since it impacted all four quarterly reporting periods. Management’s Response: See corrective action plan.