Finding Text
Finding 2022-001 ? Significant Deficiency: COVID-19 Education Stabilization Fund, Higher Education Emergency Relief Funds - Reporting Federal Program: COVID-19 Education Stabilization Fund Federal Agency: U.S. Department of Education Pass-Through Entity: Not Applicable Assistance Listing Number: 84.425E, 84.425F Federal Award Number: P425E200445 Federal Award Year: June 30, 2022 Criteria: Section 18004 of the Coronavirus Aid, Relief and Economic Security (CARES) ACT and Section 314(e) of the Coronavirus Response and Relief Supplemental Appropriations (CRRSAA) Act directs institutions receiving funds to promptly and timely provide detailed accounting of the use and expenditures for HEERF (Higher Education Emergency Relief Funds) I, HEERF II, and HEERF III funds. Each institution is required to share in an easily accessible public location quarterly reports (September 30, December 31, March 31, June 30). The reporting is required for both the Student Portion and the Institutional Portion. While the American Rescue Plan (ARP) does not explicitly identify procedures by which institutions submit a report to the Secretary, the Department exercises this reporting authority under 2 CFR 200.328 and 2 CFR 200.329. Condition/Context: The College did not post the required quarterly reports for the Student Portion. Additionally, during the audit, it was noted that the College was unable to provide a copy of the annual report and supporting documentation for the year ended December 31, 2021. Cause: Staff turnover at the College was the primary factor leading to the issues noted above. Effect: The College did not provide the public and the Department with all required data related to HEERF and the Student Portion reports were not posted in a timely manner. Questioned Costs: Not applicable. Recommendation: The College should ensure it keeps up to date on the Department?s HEERF guidance and ensure that reporting is done accurately and timely. Management's Response: MCAD has experienced 100% turnover in the positions responsible for submitting the HEERF reporting. The internal data supporting these reports is accessible for future reporting to be done in a timely manner.