Finding Text
Higher Education Emergency Relief Fund (HEERF): Information on the federal program - Student Aid Portion of 18004(a)(1), CFDA No. 84.425E, June 30, 2022; Institutional Portion of 18004(a)(1 ), CFDA No. 84.425F, June 30, 2022 Criteria - Federal regulations governing the HEERF program. Condition- Instances of noncompliance were noted as more fully described in the context below. Questioned Costs - $0 Context- During the testing performed for the HEERF programs, we noted that funds were drawn down but not disbursed within the allotted timeframe of fifteen (15) and three (3) calendar days for the Student Aid Portion and Institutional Portion, respectively. However, we noted that all funds were used for allowable expenses for the year ended June 30, 2022. Cause - Oversight by responsible employees of the cash management compliance requirement. Effect- The University's participation in the HEERF program could be subject to USDE sanctions as applicable. Repeat Finding - No. Auditor's Recommendation - The University should implement corrective actions to ensure that the above findings are resolved and does not recur in future periods. Moreover, internal controls over compliance with federal program regulations should be revisited to ensure adequate supervisory controls, quality assurance reviews of compliance steps, technical training of staff, and adequate procedures are being followed for compliance purposes.