Finding 626968 (2022-001)

Finding 2022-001 Reporting Grantor: Department of Education Program: COVID- 19 Education Stabilization Fund Assistance Listing#: 84.425F Award Title: Higher Education Emergency Relief Funding (Institutional Portion) Award Year: 07/1/2021 ? 06/30/2022 Award Number: 204302 - 20A Pass-through Number: Not applicable Criteria Coronavirus Response and Relief Supplemental Appropriations Act section 314(c)(1), (c)(3), and American Rescue Plan section 2003(5) and Pub. L. No. 117-2 (March 11, 2021) which details the compliance requirements for institutions receiving funding under the Higher Education Emergency Relief Funding program. The regulation along with guidance subsequently issued specifically provides institutions with the requirements and deadlines for filing periodic reports. Condition During fiscal year 2022, the University was required to submit eight quarterly reports detailing expenditure activity for both the student and institutional portion of funding received under the Higher Education Emergency Relief program. One of eight submissions due during the fiscal year was not submitted by the required deadline. More specifically, the July institutional reporting submission was submitted 17 days late. Cause The missed reporting deadline was an oversight on management?s behalf. The report was filed shortly after management became aware of the oversight. Effect The required report was not submitted by the deadline required by the regulations. Questioned Costs There are no questioned costs associated with this finding as the finding is related to reporting. Recommendation We recommend management establish automated reporting reminders that provide a notification to both the preparer and reviewer of reports that reports are coming due. Management?s View and Corrective Action Plan Please refer to management?s corrective action plan for management?s response and corrective action related to this finding.