Finding 1138582 (2024-008)

Material Weakness
Requirement
H
Questioned Costs
$1
Year
2024
Accepted
2025-06-02

AI Summary

  • Core Issue: The Institution filed its No Cost Extension late, leading to an unapproved extension of the performance period.
  • Impacted Requirements: The performance period ended on June 30, 2023, making December 2023 student distributions unallowed.
  • Recommended Follow-Up: Review filing procedures to ensure timely submissions and avoid future unallowed activities.

Finding Text

Period of Performance: Untimely Filing of No Cost Extension On October 25, 2023, the Institution submitted its No Cost Extension to extend the period of performance of HEERF Student Aid Portion Fund until December 31, 2023. The request, however, was not accepted by the ED due to late filing. As a result, the Institution’s performance period was only until June 30, 2023, and subsequent distributions to 13 students in December 2023 totaling $41,146 were considered unallowed activities.

Categories

Questioned Costs Period of Performance Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.063 Federal Pell Grant Program $832,607
84.268 Federal Direct Student Loans $495,733
84.425 Education Stabilization Fund $330,146