Finding 945992 (2022-002)

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Requirement
L
Questioned Costs
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Year
2022
Accepted
2024-02-16
Audit: 290830
Organization: Ozark Christian College (MO)

AI Summary

  • Core Issue: The College failed to post required quarterly reports for the HEERF program on time, exceeding the 10-day deadline.
  • Impacted Requirements: Compliance with federal reporting guidelines under the Education Department's requirements for HEERF funds.
  • Recommended Follow-Up: Establish clear reporting procedures tailored to each federal award to ensure timely compliance.

Finding Text

US Department of Education Education Stabilization Fund Program Name: Higher Education Emergency Relief Fund (HEERF), Student Aid Portion Assistance Listing #: 84.425E Finding: 2022 – 002 Reporting Condition: The College posted the required quarterly reports to their website more than 10 days after quarter-end. Q3 2021, $0 in emergency financial aid grants awarded; posted 34 days after quarter-end Q4 2021, $0 in emergency financial aid grants awarded; posted 11 days after quarter-end Q1 2022, $0 in emergency financial aid grants awarded; posted 11 days after quarter-end Cause: Personnel less familiar with federal reporting compliance requirements reviewed and completed Higher Education Emergency Relief Fund’s website posting requirements. Effect: Zero change reports were posted to the College’s website after the allowable 10 days after quarter-end. Criteria: Under the May 13, 2021 Notice of Public Posting Requirement of Grant Information for Higher Education Emergency Relief Fund (HEERF) Grantees by the Education Department of the Office of Postsecondary Education in the US Department of Education, institutions receiving HEERF funds must promptly and timely post specific information on the institution’s primary website. This information must appear in a format and location that is easily accessible to the public. It must be updated no later than 10 days after the end of each calendar quarter. The Department is exercising this reporting authority under 2 CFR 200.328 and 2 CFR 200.329. Recommendation: The College should implement reporting procedures specific to each federal award and based on those awards specific reporting compliance requirements. Views of responsible personnel and planned corrective actions: The College agrees with this finding. The College will review existing reporting procedures and ensure appropriate adjustments are made for each federal award based on those awards’ specific reporting compliance requirements. Please refer to corrective action plan on page 13.

Categories

Reporting

Other Findings in this Audit

  • 369549 2022-001
    Significant Deficiency
  • 369550 2022-002
    -
  • 945991 2022-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $1.88M
84.425 Education Stabilization Fund $725,932
84.007 Federal Supplemental Educational Opportunity Grants $30,782
84.033 Federal Work-Study Program $26,973
84.063 Federal Pell Grant Program $1,130