Finding 614451 (2022-007)

Significant Deficiency Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-30
Audit: 28916
Organization: Hodges University, Inc. (FL)

AI Summary

  • Core Issue: The University failed to comply with HEERF reporting requirements, leading to significant deficiencies in internal controls.
  • Impacted Requirements: Non-compliance with 2 CFR 200.303, including timely and accurate reporting for student and institutional expenditures.
  • Recommended Follow-Up: The University should review and improve its reporting policies and procedures to ensure compliance and accuracy.

Finding Text

2022?007 Higher Education Emergency Relief Fund (HEERF) Reporting Federal Agency: Department of Education Federal Program Title: Student Financial Aid Cluster CFDA Number: 84.425 Higher Education Emergency Relief Fund Award Period: July 1, 2021 through June 30, 2022 Type of Finding: Significant Deficiency in Internal Control over Compliance (Other Matters) Criteria or specific requirement: The Code of Federal Regulations, 2 CFR 200.303, non-Federal entities receiving Federal awards are required to establish and maintain internal controls designed to reasonably ensure compliance with federal laws, regulations and program compliance requirements. There are three components to reporting for HEERF: 1) public reporting on the (a)(1) Student Aid Portion; 2) public reporting on the (a)(1) Institutional Portion (a)(2) and (a)(3) subprograms (Quarterly Reporting Form), as applicable; and 3) the annual report. Condition: Non-compliance with reporting requirements under HEERF Questioned costs: None Context: ? We were not able to obtain documentation to demonstrate that the quarterly reporting for institutional and student expenditures was done in a timely manner. ? We were not able to obtain documentation of approval for the quarterly student reporting, the quarterly institutional reporting, or the annual report. ? We noted instances where the information in the reports did not agree to supporting documentation. This applied to one of the three quarterly institutional reports and the annual report. ? The three quarterly student reports omitted information on the number of students wo were eligible to receive funding. Cause: University?s policies and procedures did not ensure compliance. Effect: Non-compliance with the reporting requirements. Repeat Finding: Yes, prior year finding 2021-004. Recommendation: We recommend that the University review their reporting policies and procedures to ensure accurate and timely reporting. Views of responsible officials: See Corrective Action Plan prepared by the University.

Categories

Reporting Significant Deficiency Matching / Level of Effort / Earmarking Internal Control / Segregation of Duties

Other Findings in this Audit

  • 38001 2022-006
    Significant Deficiency
  • 38002 2022-004
    Significant Deficiency
  • 38003 2022-004
    Significant Deficiency
  • 38004 2022-004
    Significant Deficiency
  • 38005 2022-002
    Significant Deficiency Repeat
  • 38006 2022-003
    Significant Deficiency Repeat
  • 38007 2022-004
    Significant Deficiency
  • 38008 2022-005
    Significant Deficiency
  • 38009 2022-007
    Significant Deficiency Repeat
  • 614443 2022-006
    Significant Deficiency
  • 614444 2022-004
    Significant Deficiency
  • 614445 2022-004
    Significant Deficiency
  • 614446 2022-004
    Significant Deficiency
  • 614447 2022-002
    Significant Deficiency Repeat
  • 614448 2022-003
    Significant Deficiency Repeat
  • 614449 2022-004
    Significant Deficiency
  • 614450 2022-005
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $4.07M
84.425 Education Stabilization Fund $3.49M
84.063 Federal Pell Grant Program $1.97M
84.007 Federal Supplemental Educational Opportunity Grants $168,308
84.033 Federal Work-Study Program $23,000