Finding Text
2022-010 Department of Education Education Stabilization Fund: Higher Education Emergency Relief Find (HEERF) CFDA # 84.425E ? HEERF Student Award Numbers P425E201987-20A and P425E201987-20B CFDA # 84.425F ? HEERF Institutional Award Numbers P425F201808-20A and P425201808-20B Reporting Significant Deficiency in Internal Controls over Compliance and Noncompliance Criteria: CRRSSA section 314 (e) and CARES Act 18004 (e), sets forth the criteria for reporting requirements. Condition: During testing of reporting, the following deficiencies were noted: ?The student aid report for the quarter ending December 31, 2021, misreported the cumulative totalawarded to students. ?The student aid reports for the quarters ending September 30, 2021, and December 31, 2021, were notuploaded to the Presentation College website within 10 days of quarter-end. ?The institutional aid report for the quarter ending September 30, 2021, was not uploaded to thePresentation College website within 10 days of quarter-end. ?The annual report for 2021 was submitted on July 29, 2022, which was after the required reporting dateof May 6, 2022. Cause: The errors were caused by a lack of understanding of the reporting requirements. Effect: The reporting packets were not available on the website within the required timeframe and the annual report was submitted late to the Department of Education. Questioned Costs: None. Context/Sampling: All quarterly and annual reports that were required to be completed were tested. Repeat Finding from Prior Year(s): No. Recommendation: We recommend that a tracking schedule is made by Presentation College which is monitored to ensure the requirements for reporting are met in the timeframe allowed under the grant agreements. Views of Responsible Officials: Management agrees with the finding.