Finding Text
Program Information: COVID-19 Education Stabilization Fund (?ESF?) ? Student Aid Portion (ALN: 84.425E) Criteria or Specific Requirement (Including Statutory, Regulatory or Other Citation): L. Reporting ? Special Reporting ? Quarterly Public Reporting ? The University is required to publicly post certain information for the Student Aid Portion award on the University?s website in a conspicuous location. Institutions must post certain key line items identified by the ED as critical information directly to their website each calendar quarter, and reports must be updated no later than 10 days after the end of each calendar quarter. Special Reporting ? Annual Reporting ? The ED developed the ESF Data Collection Form that institutions must use to satisfy the annual reporting requirement. The form was required to be submitted to ED via the Annual Report Data Collection System no later than May 6, 2022. Condition: Certain key line items were not correctly reported in the University?s quarterly reports. Additionally, the ESF annual report was not submitted within the required timeframe. Cause: Administrative oversight with respect to quarterly public reporting requirements. Effect or Potential Effect: The University is not in compliance with reporting requirements. Questioned Costs: None. Context: For 2 of 2 quarters selected for testing, certain required key line items for the Student Aid Portion awards reported on the University?s website contained inaccurate information. Additionally, the ESF annual report was not submitted within the required timeframe. Identification of Repeat Finding: No similar findings noted in the prior year. Recommendation: We recommend the University enhance its policies and procedures over quarterly reporting to ensure that all required information is reported accurately, in accordance with federal regulations.