Finding 636530 (2022-003)

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Requirement
L
Questioned Costs
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Year
2022
Accepted
2023-02-23
Audit: 55374
Organization: Guilford College (NC)
Auditor: Dmjps PLLC

AI Summary

  • Core Issue: The College failed to report HEERF funding accurately and on time, missing deadlines for quarterly reports.
  • Impacted Requirements: Compliance with 2 CFR 200.329 and 86 FR 26213, which mandates timely posting of reports on the College's website.
  • Recommended Follow-Up: Ensure completion of all HEERF quarterly reports until funding is fully spent to maintain compliance.

Finding Text

DEPARTMENT OF EDUCATION ALN #: 84.425F Condition: HEERF reporting was not always done accurately or timely. During the audit, it was noted that the College did not continue to update their website with the HEERF reporting requirements as listed in their grant agreements. The first and second quarterly reports for institutional funds (quarters ended September 30, 2021 and December 31, 2021) was not completed for HEERF II. Criteria: 2 CFR 200.329, 86 FR 26213 The College was required to post the Institutional Quarterly Report to their website within 10 days of the end of the quarter in which the funds were spent. Questioned Costs: None Cause: Turnover in staffing. There were multiple rounds of HEERF funding released, each with different requirements, which led to a gap in understanding of the requirements of the HEERF reporting. Effect: The College was not in compliance with the reporting requirements of HEERF. Identification as repeat finding, if applicable: Not applicable. Recommendation: We recommend that the College complete the HEERF quarterly reporting until the HEERF funding is spent to ensure compliance is maintained. Views of Responsible Officials and Planned Corrective Action: See Corrective Action Plan.

Categories

Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $5.63M
84.425 Education Stabilization Fund $4.96M
84.063 Federal Pell Grant Program $2.50M
84.031 Higher Education_institutional Aid $466,094
84.007 Federal Supplemental Educational Opportunity Grants $270,952
84.033 Federal Work-Study Program $126,573
47.076 Education and Human Resources $1,500