Finding 35127 (2022-001)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-02-26
Audit: 33588
Organization: University of Holy Cross (LA)

AI Summary

  • Core Issue: The University missed the deadline for submitting the Annual Report for HEERF, submitting it five days late.
  • Impacted Requirements: Compliance with U.S. Department of Education's reporting deadlines is crucial to maintain access to HEERF funds.
  • Recommended Follow-Up: Implement a formal control system to ensure timely submission of Annual Reports in the future.

Finding Text

2022-001 Special Reporting U.S. Department of Education 84.425E, 84.425F, 84.425M COVID-19 - Higher Education Emergency Relief Fund (HEERF 2021-2022 Award Year Questioned Costs: None Criteria: The U.S. Department of Education sets the criteria for HEERF Annual Performance Reports (APRs). This report is due annually from HEERF grantees. Annual Reports must be submitted and reviewed within a certain timeframe set by the U.S. Department of Education. Universe / Population: The universe / population is one Annual Report submitted during the fiscal year ended June 30, 2022. P&N selected the one Annual Report for testing of reporting compliance requirements applicable to the program. Condition: The University did not submit the January 1, 2021 through December 31, 2021 Annual Report by the grantee submission deadline. The annual report had a submission deadline of May 6, 2022 and was submitted on May 11, 2022. Cause: The University lacks an established control monitoring timely submission of Annual Reports. Effect: Failure to comply with the reporting requirements may result in sanctions, including: losing access to HEERF grant funds as a result of the grantee?s noncompliance with its reporting requirements as specified by their HEERF Certification and Agreement or Supplemental Agreement. Recommendation: The University should establish a formalized control to monitor timely submission of Annual Reports. Repeat finding: No.

Corrective Action Plan

University of Holy Cross will develop a formal process to monitor the submission of all required reports to ensure that all reports are submitted timely in compliance with the requirements of Higher Education Emergency Relief Fund (HEERF) terms and agreements.

Categories

Subrecipient Monitoring Reporting

Other Findings in this Audit

  • 35128 2022-001
    Significant Deficiency
  • 35129 2022-001
    Significant Deficiency
  • 611569 2022-001
    Significant Deficiency
  • 611570 2022-001
    Significant Deficiency
  • 611571 2022-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $7.60M
84.063 Federal Pell Grant Program $1.17M
84.007 Federal Supplemental Educational Opportunity Grants $90,972
84.033 Federal Work-Study Program $42,212
84.425 Education Stabilization Fund $30,635