Finding Text
Criteria: Section 18004(e) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), directed institutions receiving funds under Section 18004 of the Act, to submit a new, separate form covering aggregate amounts spent for HEERF I, HEERF II, and HEERF III funds each quarterly reporting period (June 30, September 30, December 31, March 31), concluding after an institution has expended and liquidated all (a)(1) Student Portion, (a)(2), and (a)(3) funds and marks the ?final report? box. Condition/Context: The Corporation posted incomplete reports to their website as the information did not include the number of students eligible for emergency grants. In addition, reports for one of the quarters tested were not posted to the Corporation?s website within the required timeframe. Questioned Costs: Not applicable. Cause: The Corporation did not fill out the forms correctly nor in accordance with HEERF reporting requirements. Effect: The College did not provide the public with all required data related to the HEERF student portion aid and the reports for the quarter ended March 31, 2022 were not posted in a timely manner. Recommendation: The Corporation should assign an individual to monitor reporting requirements of awards to ensure the Corporation is in compliance.