Single audits filed with the Federal Audit Clearinghouse
$82.0M in federal awards expended in FY2025
Year
Federal $ expended
Auditor
Opinion
Flags
2025
$82.0M
Grant Thornton LLP
Unmodified (clean)
Low-risk auditee
2024
$76.5M
Grant Thornton LLP
Unmodified (clean)
Low-risk auditee
2023
$73.2M
KPMG LLP
Unmodified (clean)
Low-risk auditee
2022
$76.2M
KPMG LLP
Unmodified (clean)
Low-risk auditee
Federal Programs
Top programs · FY2025
Program
Agency
Expended
Major program
Findings
Federal Direct Student Loans
Education
$25.4M
Yes
1
Federal PELL Grant Program
Education
$8.0M
Yes
1
Basic Scientific Research
DoD
$3.8M
No
0
Basic and Applied Scientific Research
DoD
$3.7M
No
0
Mathematical and Physical Sciences
NSF
$3.3M
No
0
Engineering
NSF
$3.1M
No
0
Biomedical Research and Research Training
HHS
$2.7M
No
0
Office of Science Financial Assistance Program
Energy
$2.4M
No
0
NSF Technology, Innovation, and Partnerships
NSF
$2.3M
No
0
Research in Special Education
Education
$1.8M
No
0
Audit Findings
FY2025 · auditor's own text
2025-002Special testsSignificant deficiency
Finding 2025-002; Student Financial Assistance Cluster – Special Tests and Provisions – Disbursements to and on Behalf of Students – Compliance and Internal Control (Significant Deficiency) Criteria: Federal regulations under 34 CFR 668.164(h)(2) require institutions participati…
2025-002Special testsSignificant deficiency
Finding 2025-002; Student Financial Assistance Cluster – Special Tests and Provisions – Disbursements to and on Behalf of Students – Compliance and Internal Control (Significant Deficiency) Criteria: Federal regulations under 34 CFR 668.164(h)(2) require institutions participati…
2025-002Special testsSignificant deficiency
Finding 2025-002; Student Financial Assistance Cluster – Special Tests and Provisions – Disbursements to and on Behalf of Students – Compliance and Internal Control (Significant Deficiency) Criteria: Federal regulations under 34 CFR 668.164(h)(2) require institutions participati…
Source: Federal Audit Clearinghouse single audits (required of organizations expending $1,000,000+ in federal awards per year for fiscal years beginning on or after Oct 1, 2024; $750,000 before).