Finding Text
COVID-19 Education Stabilization Fund ? Higher Education Emergency Relief Fund (HEERF) CFDA No. 84.425 Department of Education Direct Award Grant period: April 25, 2020 through June 30, 2023 Questioned costs: $0 Condition: In regard to the Student Aid quarterly reporting, the College does not include the number of eligible students for HEERF funding in the narrative posted to the College?s website. In addition, the Annual Report had errors relating to the amount of Student Aid applied to students? account balances, the amount of Institutional expenditures were used to cover student outstanding account balances, and the amount of expenditures reported under other uses of Institutional Portion funds. Criteria: The student reporting requirements and posting due dates for Section 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) were disclosed in the Federal Student Aid (IFAP) Electronic Announcement dated May 6, 2020. The student reporting requirements for Section 314(e) of CRRSAA and ARP HEERF III were disclosed in the Federal Student Aid (IFAP) Electronic Announcement dated May 13, 2021. The US Department of Education requires all information reported on annual and quarterly reports to be accurate. Cause: The College was unaware of the requirements to report the number of eligible students in the Student Aid quarterly reports and the Annual Report discrepancies were due to clerical errors. The College does not have proper internal controls in place to ensure proper reporting. Effect: The College was not in compliance with HEERF reporting requirements and did not accurately report HEERF amounts on the Annual Report. Recommendation: We recommend the College implement internal control procedures to ensure proper annual and quarterly reporting and the person(s) responsible for reporting are current on the reporting requirements issued but the US Department of Education. View of responsible officials: Management acknowledges the finding and has prepared a corrective action plan. The College has already updated the website to include the number of eligible students.