Finding 62813 (2022-001)

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Requirement
L
Questioned Costs
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Year
2022
Accepted
2023-03-24

AI Summary

  • Core Issue: NMMI was initially non-compliant with posting the HEERF Quarterly Public Reporting form.
  • Impacted Requirements: The form must be clearly displayed on the main website alongside reports of emergency financial aid grants.
  • Recommended Follow-Up: NMMI will improve oversight by assigning key personnel to ensure compliance with reporting requirements in the future.

Finding Text

NMMI management posted the Quarterly Public Reporting form for HEERF for quarter ending June 30,2022 on it?s website as soon they were notified of the incompliance. In the future, NMMI will be more diligent in understanding reporting information and assign key personnel to the task. The Quarterly Public Reporting Form for HEERF must be conspicuously posted on the institution?s primary website on the same page the reports of the IHE?s activities as to the emergency financial aid grants to students made with funds from the Institute of Higher Education?s allocation under (a) (1) of the CARES Act, CRRSAA, and ARP (Student Aid Portion) are posted.

Corrective Action Plan

NMMI management posted the Quarterly Public Reporting form for HEERF for quarter ending June 30,2022 on it?s website as soon they were notified of the incompliance. In the future, NMMI will be more diligent in understanding reporting information and assign key personnel to the task.

Categories

Allowable Costs / Cost Principles Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.063 Federal Pell Grant Program $568,244
84.425 Education Stabilization Fund $534,660
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $377,338
12.357 Rotc Language and Culture Training Grants $160,392
84.007 Federal Supplemental Educational Opportunity Grants $69,777
84.268 Federal Direct Student Loans $49,853
84.033 Federal Work-Study Program $6,682