Finding 611569 (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.

Categories

Subrecipient Monitoring Reporting

Other Findings in this Audit

  • 35127 2022-001
    Significant Deficiency
  • 35128 2022-001
    Significant Deficiency
  • 35129 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