Finding 30461 (2022-006)

- Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-29
Audit: 25152
Organization: Newberry College (SC)
Auditor: Capincrouse LLP

AI Summary

  • Core Issue: The College failed to post accurate HEERF reports online, lacking required information and not reflecting the actual grant allocation methodology.
  • Impacted Requirements: Non-compliance with federal reporting criteria as outlined in the Federal Register, specifically regarding Emergency Financial Aid Grants.
  • Recommended Follow-Up: The College should regularly update its understanding of HEERF guidance and strengthen internal controls for accurate reporting.

Finding Text

Inaccurate HEERF Annual Reporting U.S. DEPARTMENT OF EDUCATION ALN #: 84.425E Federal Award Identification #: P425E202625 Condition: The College did not post the required Education Stabilization Fund Higher Education Emergency Relief Fund (HEERF) reports to their website with the minimum required information. The College?s reporting did not reflect the actual methodology used by the College to allocate the HEERF student grants. Criteria: 86 FR 26213 Questioned Costs: $0 Context: According to the Federal Register, the method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under the CRRSAA and ARP (a)(1) and (a)(4) programs must be included in the Quarterly Report. The College?s student grant reporting did not reflect the actual methodology used by the College to allocate the HEERF student grants. Cause: Due to turnover in key management positions. Effect: The College was not in compliance with the reporting requirements of HEERF. Identification as repeat finding, if applicable: 2021-004 Recommendation: We recommend that the College regularly review updates in guidance regarding HEERF funding and review their internal controls surrounding HEERF student grant reporting to ensure compliance with ever changing regulations. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.

Corrective Action Plan

Inaccurate HEERF Reporting Planned Corrective Action: The College regularly reviews updates in guidance regarding HEERF funding and reviews internal controls surrounding HEERF student grant reporting to ensure compliance with ever changing regulations. Turnover in the office put a temporary strain on reporting resources but this has been addressed. HEERF reporting will cease for Newberry College in Fiscal Year 2022-23 Persons Responsible for Corrective Action Plan: Chief Financial Officer David Sayers and Interim Director of Financial Aid Chris Dominick Anticipated Date of Completion: Fiscal Year 2022-23

Categories

Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 30455 2022-004
    Significant Deficiency
  • 30456 2022-004
    Significant Deficiency
  • 30457 2022-003
    Significant Deficiency
  • 30458 2022-005
    -
  • 30459 2022-005
    -
  • 30460 2022-005
    -
  • 30462 2022-002
    Significant Deficiency
  • 606897 2022-004
    Significant Deficiency
  • 606898 2022-004
    Significant Deficiency
  • 606899 2022-003
    Significant Deficiency
  • 606900 2022-005
    -
  • 606901 2022-005
    -
  • 606902 2022-005
    -
  • 606903 2022-006
    - Repeat
  • 606904 2022-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
10.766 Community Facilities Loans and Grants $26.02M
84.268 Federal Direct Student Loans $8.98M
84.063 Federal Pell Grant Program $3.31M
84.425 Covid-19 Education Stabilization Fund Heerf - Student Aid Portion $2.29M
84.425 Covid-19 Education Stabilization Fund Heerf - Institutional Portion $2.21M
84.038 Federal Perkins Loan Program $869,468
81.041 State Energy Program $514,685
84.007 Federal Supplemental Educational Opportunity Grants $191,880
84.033 Federal Work-Study Program $81,335
97.036 Covid-19 Disaster Grants - Public Assistance (presidentially Declared Disasters) $10,589
45.129 Covid-19 Promotion of the Humanities_federal/state Partnership $5,000