FAC Explorer

Finding 577627 (2023-003)

Significant Deficiency
Requirement
H
Questioned Costs
-
Year
2023
Accepted
2023-11-03
Audit: 2252
Organization: Columbia College Dba Columbia College Hollywood (CA)
Auditor: Almich & Associates

AI Summary

  • Issue: The Institution delayed distributing $1,405,838 in HEERF – Student Portion funds for nearly a year.
  • Requirement: Funds should be paid to students in a timely manner as per federal guidelines.
  • Follow-up: Review the distribution process and implement measures to ensure timely payments in the future.

Finding Text

The Institution drew down $1,405,838 in HEERF – Student Portion funds in July 2021 but did not pay to students until April through November 2022.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1183 2023-001
    Significant Deficiency
  • 1184 2023-002
    Significant Deficiency
  • 1185 2023-003
    Significant Deficiency
  • 577625 2023-001
    Significant Deficiency
  • 577626 2023-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $2.91M
84.425 Crrsaa Heerf II & Arp Heerf III $1.11M
84.063 Federal Pell Grant $943,180
84.007 Federal Supplemental Educational Opportunity Grant $36,811
84.033 Federal Work Study Program $36,712