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InstitutionOffice of Inspector General (ED)
TitelLincoln College of Technology's Use of Higher Education Emergency Relief Fund Student Aid and Institutional Grants. ED OIG Oversight of Coronavirus Response Funds. ED-OIG/A20CA0016
Quelle(2021), (56 Seiten)
PDF als Volltext kostenfreie Datei Verfügbarkeit 
Spracheenglisch
Dokumenttypgedruckt; online; Monographie
SchlagwörterResource Allocation; Expenditures; Grants; Federal Aid; Student Financial Aid; Educational Finance; COVID-19; Pandemics; Federal Legislation; Emergency Programs; Vocational Schools; Enrollment; School Closing; Online Courses; Eligibility; Educational Technology; Technology Uses in Education; College Housing; Money Management; Time; Credit (Finance); Reports; Audits (Verification); Maryland
AbstractThe objective of this audit was to determine whether Lincoln College of Technology (Lincoln) used the Student Aid (Assistance Listing Number (ALN) 84.425E) and Institutional (ALN 84.425F) portions of its Higher Education Emergency Relief Fund (HEERF) funds for allowable and intended purposes. The authors also reviewed Lincoln's cash management practices and the timeliness and quality of the data Lincoln reported on its use of HEERF funds. The audit covered Lincoln's HEERF expenditures, cash flows, and reporting from the grant award date through December 31, 2020. The audit found that Lincoln Educational Services Corporation (LESC) generally used the Student Aid portion of Lincoln's HEERF funds for allowable and intended purposes but did not always use the Institutional portion of its funds in accordance with Federal requirements. It was also determined that the information in Lincoln's required HEERF reports posted on LESC's website was generally accurate, complete, and timely. Following the presentation of these findings to LESC, LESC officials reallocated the amounts questioned to other expenditures they believed were eligible to be charged to Lincoln's Institutional grant. (ERIC).
AnmerkungenOffice of Inspector General, US Department of Education. Available from: ED Pubs. P.O. Box 1398, Jessup, MD 20794-1398. Tel: 877-433-7827; e-mail: edpubs@edpubs.ed.gov; Web site: https://www2.ed.gov/about/offices/list/oig/managementchallenges.html
Erfasst vonERIC (Education Resources Information Center), Washington, DC
Update2024/1/01
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