Finding 975372 (2023-001)

- Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-05-30
Audit: 307535
Organization: Gratz College (PA)
Auditor: Kreischer Miller

AI Summary

  • Core Issue: The College did not provide proof of timely posting for required quarterly reports on its website.
  • Impacted Requirements: Compliance with federal reporting requirements for the Education Stabilization Fund.
  • Recommended Follow-up: Develop and implement procedures to ensure timely reporting and compliance with ESF program requirements.

Finding Text

Finding 2023-001 Federal Assistance Listing Number: 84.425 Subprogram Number(s): 84.425E, 84.425F, and 84.425N Federal Agency: U.S. Department of Education Program Name: Education Stabilization Fund Type(s) of Compliance Requirements: Reporting Type of Finding: Noncompliance Criteria: The College must publicly post quarterly forms on its website for the specific subprograms of the federal award. Condition: The College posted quarterly reports to its website. However, the College was unable to provide documentation to support the timely posting of these reports. Cause: The College failed to develop and implement procedures to perform the reporting requirements. Effect: The College is noncompliant with the ESF program requirements. Context: 1 out of 2 quarterly reports selected for testing Identification of a Repeat Finding: 2022-002. Recommendation: We recommend that the College develop procedures and related controls over the reporting requirements of the ESF program.

Categories

Reporting

Other Findings in this Audit

  • 398930 2023-001
    - Repeat
  • 398931 2023-002
    Significant Deficiency Repeat
  • 398932 2023-001
    - Repeat
  • 398933 2023-002
    Significant Deficiency Repeat
  • 398934 2023-003
    - Repeat
  • 398935 2023-001
    - Repeat
  • 398936 2023-002
    Significant Deficiency Repeat
  • 975373 2023-002
    Significant Deficiency Repeat
  • 975374 2023-001
    - Repeat
  • 975375 2023-002
    Significant Deficiency Repeat
  • 975376 2023-003
    - Repeat
  • 975377 2023-001
    - Repeat
  • 975378 2023-002
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $1.12M
84.425 Education Stabilization Fund $37,516
84.063 Federal Pell Grant Program $1,479