State Auditor Beth Wood has issued findings in compliance reviews of three universities for their handling of federal funds last year.
In a report released Thursday on UNC-Chapel Hill, the auditor found that the university didn’t adequately safeguard equipment or maintain records for three of 60 items tested. Two items could not be found, including a metallic tester and a computer. Also, the report said the university didn’t send appropriate letters to grant sub-recipients who themselves had audit problems. Finally, the report said UNC-CH didn’t properly monitor for-profit entities that received federal payments through the university in eight of 12 transactions reviewed.
In a report released Thursday on Elizabeth City State University, the auditor noted that when issuing purchase orders to vendors, the university had not properly documented that it had first checked a federal list of excluded vendors.
A report released Wednesday noted that N.C. A&T State University had not properly notified students and parents when federal direct loan payments were credited to a student’s account. In a sample of 60 recipients’ records tested, the auditors found that six recipients did not receive adequate notification about their loan disbursements.
Never miss a local story.
The universities said they had taken steps to remedy the problems.