YAVAPAI COUNTY COMMUNITY COLLEGE DISTRICT
SINGLE AUDIT COMPLIANCE REPORTS
YEAR ENDED JUNE 30, 2010
YAVAPAI COUNTY COMMUNITY COLLEGE DISTRICT
TABLE OF CONTENTS
YEAR ENDED JUNE 30, 2010
COMPREHENSIVE ANNUAL FINANCIAL REPORT ISSUED SEPARATELY
OMB REPORTING PACKAGE
REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND
ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF
FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENT AUDITING STANDARDS 1
INDEPENDENT AUDITORS’ REPORT ON COMPLIANCE WITH
REQUIREMENTS THAT COULD HAVE A DIRECT AND MATERIAL
EFFECT ON EACH MAJOR PROGRAM AND ON INTERNAL CONTROL
OVER COMPLIANCE IN ACCORDANCE WITH OMB CIRCULAR A-133 3
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 6
NOTES TO THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 7
SCHEDULE OF FINDINGS AND QUESTIONED COSTS 8
(1)
An independent member of Nexia International
REPORT ON INTERNAL CONTROL OVER FINANCIAL
REPORTING AND ON COMPLIANCE AND OTHER MATTERS
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED
IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
Auditor General of the State of Arizona
and Governing Board of
Yavapai County Community College District
Prescott, Arizona
We have audited the financial statements of the business-type activities and discretely presented
component unit of Yavapai County Community College District (the District) as of and for the year
ended June 30, 2010, which collectively comprise the District’s basic financial statements, and have
issued our report thereon dated December 10, 2010. Our report was modified to include a reference to
other auditors and as to consistency because of the implementation of Governmental Accounting
Standards Board Statement Nos. 51 and 53. We conducted our audit in accordance with auditing
standards generally accepted in the United States of America and the standards applicable to financial
audits contained in Government Auditing Standards, issued by the Comptroller General of the United
States. Other auditors audited the financial statements of the Yavapai College Foundation, Inc. (the
Foundation), the discretely presented component unit, as described in our report on the District’s
financial statements. The financial statements of the Foundation were not audited by other auditors in
accordance with Government Auditing Standards. This report does not include the results of the other
auditors’ testing of internal control over financial reporting that are reported on separately by those
auditors.
INTERNAL CONTROL OVER FINANCIAL REPORTING
In planning and performing our audit, we considered the District’s internal control over financial
reporting as a basis for designing our auditing procedures for the purpose of expressing our opinions
on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the
District’s internal control over financial reporting. Accordingly, we do not express an opinion on the
effectiveness of the entity’s internal control over financial reporting.
A deficiency in internal control exists when the design or operation of a control does not allow
management or employees, in the normal course of performing their assigned functions, to prevent, or
detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a
combination of deficiencies, in internal control, such that there is a reasonable possibility that a material
misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a
timely basis.
Auditor General of the State of Arizona
and Governing Board of
Yavapai County Community College District
(2)
Our consideration of internal control over financial reporting was for the limited purpose described in
the first paragraph of this section and was not designed to identify all deficiencies in internal control
over financial reporting that might be deficiencies, significant deficiencies, or material weaknesses. We
did not identify any deficiencies in internal control over financial reporting that we consider to be
material weaknesses, as defined above.
COMPLIANCE AND OTHER MATTERS
As part of obtaining reasonable assurance about whether Yavapai County Community College District’s
financial statements are free of material misstatement, we performed tests of its compliance with
certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which
could have a direct and material effect on the determination of financial statement amounts. However,
providing an opinion on compliance with those provisions was not an objective of our audit, and
accordingly, we do not express such an opinion. The results of our tests disclosed no instances of
noncompliance or other matters that are required to be reported under Government Auditing Standards.
This report is intended solely for the information and use of the members of the Arizona State
Legislature, the Auditor General of the State of Arizona, the Governing Board, management, others
within the District, and federal awarding agencies and pass-through entities and is not intended to be
and should not be used by anyone other than these specified parties.
LarsonAllen LLP
Mesa, Arizona
December 10, 2010
(3)
An independent member of Nexia International
INDEPENDENT AUDITORS’ REPORT ON COMPLIANCE WITH REQUIREMENTS
THAT COULD HAVE A DIRECT AND MATERIAL EFFECT ON
EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER
COMPLIANCE IN ACCORDANCE WITH OMB CIRCULAR A-133
Auditor General of the State of Arizona
and Governing Board of
Yavapai County Community College District
Prescott, Arizona
COMPLIANCE
We have audited the compliance of Yavapai County Community College District (the District) with the
types of compliance requirements described in the U. S. Office of Management and Budget (OMB)
Circular A-133 Compliance Supplement that could have a direct and material effect on each of the
District’s major federal programs for the year ended June 30, 2010. The District’s major federal
programs are identified in the summary of auditor's results section of the accompanying schedule of
findings and questioned costs. Compliance with the requirements of laws, regulations, contracts, and
grants applicable to each of its major federal programs is the responsibility of the District’s
management. Our responsibility is to express an opinion on the District’s compliance based on our
audit.
We conducted our audit of compliance in accordance with auditing standards generally accepted in the
United States of America; the standards applicable to financial audits contained in Government
Auditing Standards, issued by the Comptroller General of the United States; and OMB Circular A-133,
Audits of States, Local Governments, and Non-Profit Organizations. Those standards and OMB
Circular A-133 require that we plan and perform the audit to obtain reasonable assurance about
whether noncompliance with the types of compliance requirements referred to above that could have a
direct and material effect on a major federal program occurred. An audit includes examining, on a test
basis, evidence about the District's compliance with those requirements and performing such other
procedures as we considered necessary in the circumstances. We believe that our audit provides a
reasonable basis for our opinion. Our audit does not provide a legal determination on the District's
compliance with those requirements.
In our opinion, Yavapai County Community College District complied, in all material respects, with the
compliance requirements referred to above that could have a direct and material effect on each of its
major federal programs for the year ended June 30, 2010. However, the results of our auditing
procedures disclosed instances of noncompliance with those requirements that are required to be
reported in accordance with OMB Circular A-133 and which are described in the accompanying
schedule of findings and questioned costs as items 10-1 through 10-4.
Auditor General of the State of Arizona
and Governing Board of
Yavapai County Community College District
(4)
INTERNAL CONTROL OVER COMPLIANCE
The management of the District is responsible for establishing and maintaining effective internal control
over compliance with requirements of laws, regulations, contracts, and grants applicable to federal
programs. In planning and performing our audit, we considered the District's internal control over
compliance with the requirements that could have a direct and material effect on a major federal
program in order to determine our auditing procedures for the purpose of expressing our opinion on
compliance and to test and report on internal control over compliance in accordance with OMB Circular
A-133, but not for the purpose of expressing an opinion on the effectiveness of internal control over
compliance. Accordingly, we do not express an opinion on the effectiveness of the District’s internal
control over compliance.
Our consideration of internal control over compliance was for the limited purpose described in the
preceding paragraph and was not designed to identify all deficiencies in internal control over
compliance that might be significant deficiencies or material weaknesses and therefore, there can be
no assurance that all deficiencies, significant deficiencies, or material weaknesses have been
identified. However, as discussed below, we identified certain deficiencies in internal control over
compliance that we consider to be material weaknesses and other deficiencies that we consider to be
significant deficiencies.
A deficiency in internal control over compliance exists when the design or operation of a control over
compliance does not allow management or employees, in the normal course of performing their
assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance
requirement of a federal program on a timely basis. A material weakness in internal control over
compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that
there is a reasonable possibility that material noncompliance with a type of compliance requirement of
a federal program will not be prevented, or detected and corrected, on a timely basis. We consider the
deficiency in internal control over compliance described in the accompanying schedule of findings and
questioned costs as item 10-01 to be a material weakness.
A significant deficiency in internal control over compliance is a deficiency, or a combination of
deficiencies, in internal control over compliance with a type of compliance requirement of a federal
program that is less severe than a material weakness in internal control over compliance, yet important
enough to merit attention by those charged with governance. We consider the deficiencies in internal
control over compliance described in the accompanying schedule of findings and questioned costs as
items 10-02 through 10-04 to be significant deficiencies.
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
We have audited the financial statements of the business-type activities and the discretely presented
component unit of Yavapai County Community College District as of and for the year ended June 30,
2010, and have issued our report thereon dated December 10, 2010. Our report was modified to
include a reference to other auditors and as to consistency because of the implementation of
Governmental Accounting Standards Board Statement Nos. 51 and 53. Our audit was performed for
the purpose of forming our opinions on the financial statements that collectively comprise the District’s
basic financial statements. The accompanying schedule of expenditures of federal awards is presented
for purposes of additional analysis as required by OMB Circular A-133 and is not a required part of the
basic financial statements. Such information has been subjected to the auditing procedures applied in
the audit of the basic financial statements and, in our opinion, is fairly stated, in all material respects, in
relation to the basic financial statements taken as a whole.
Auditor General of the State of Arizona
and Governing Board of
Yavapai County Community College District
(5)
Yavapai County Community College District’s responses to findings identified in our audit are described
in the accompanying schedule of findings and questioned costs. We did not audit Yavapai County
Community College District’s responses and, accordingly, we express no opinion on them.
This report is intended solely for the information and use of the members of the Arizona State
Legislature, the Auditor General of the State of Arizona, the Governing Board, management, others
within the District, and federal awarding agencies and pass-through entities and is not intended to be
and should not be used by anyone other than these specified parties.
LarsonAllen LLP
Mesa, Arizona
December 10, 2010
YAVAPAI COUNTY COMMUNITY COLLEGE DISTRICT
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
YEAR ENDED JUNE 30, 2010
See accompanying Independent Auditors’ Report and
Notes to Schedule of Expenditures of Federal Awards
(6)
CFDA Pass-Through
Federal Grantor/Pass-Through Grantor/Program Title Number Grantor's Number Expenditures
U.S. Department of Agriculture
Education Challenge Grant 10.226 $ 1 9,189
Child and Adult Care Food Program 10.558 27,252
Total U.S. Department of Agriculture 46,441
U.S. Department of Labor
Community Based Job Training Grants 17.269 430,238
U.S. Small Business Administration
Passed through the Maricopa County Community College District
Small Business Development Center 59.037 0-7620-0003-08 1 13,035
U.S. Department of Education
Student Financial Assistance Cluster
Federal Supplemental Educational Opportunity Grants 84.007 76,203
Federal Family Education Loans 84.032 3,246,866
Federal Work-Study Program 84.033 102,191
Federal Perkins Loans Program 84.038 397,092
Federal Pell Grant Program 84.063 6,976,857
Academic Competitiveness Grant 84.375 72,215
Total Student Financial Assistance Cluster 10,871,424
TRIO Cluster
TRIO-Student Support Services 84.042 420,052
TRIO-Talent Search 84.044 278,622
TRIO-Upward Bound 84.047 134,390
TRIO-YC CCAMPIS Project 84.335A 19,640
Total TRIO Cluster 852,704
Passed through the Arizona Commission for Postsecondary
Education
Leveraging Educational Assistance Partnership 84.069 None 36,695
Passed through the Arizona Department of Education
Adult Education-State Grant Program 84.002 10FAEAABE-670620-01A 321,923
Vocational Education-Basic Grants to States 84.048 None 210,152
Passed through the Arizona Governor's Office of
Economic Recovery
ARRA - State Fiscal Stabilization Fund (SFSF) - Education
State Grants, Recovery Act 84.394 GOER-FY2010-1010 457,666
Total U.S. Department of Education 12,750,564
U.S. Department of Health and Human Services
Passed through the Arizona Department of Economic Security
Child Care and Development Block Grant 93.575 E5402501 66,851
Total Expenditures of Federal Awards $ 1 3,407,129
YAVAPAI COUNTY COMMUNITY COLLEGE DISTRICT
NOTES TO THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
YEAR ENDED JUNE 30, 2010
(7)
NOTE 1 BASIS OF PRESENTATION
The purpose of the schedule of expenditures of federal awards (the Schedule) is to present
a summary of those activities of Yavapai County Community College District that have been
financed by the United States Government.
The Schedule is presented on the accrual basis of accounting. The information in this
Schedule is presented in accordance with the requirements of OMB Circular A-133, Audits
of States, Local Governments, and Non-Profit Organizations.
YAVAPAI COUNTY COMMUNITY COLLEGE DISTRICT
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
YEAR ENDED JUNE 30, 2010
(8)
A. SUMMARY OF AUDITORS’ RESULTS
1. The auditors’ report expresses an unqualified opinion on the financial statements of Yavapai
County Community College District.
2. No significant deficiencies or material weaknesses were identified during the audit of the
financial statements of Yavapai County Community College District.
3. No instances of material noncompliance were identified during the audit of the financial
statements of Yavapai County Community College District.
4. Three significant deficiencies and one material weakness were identified during the audit of the
major federal award programs of Yavapai County Community College District.
5. The auditors’ report on compliance for the major federal award programs for Yavapai County
Community College District expresses an unqualified opinion.
6. Audit findings relative to the major federal award programs for Yavapai County Community
College District are reported in Part C of this schedule.
7. The programs tested as major programs include:
Program CFDA No.
Student Financial Assistance Cluster Various
ARRA - State Fiscal Stabilization Fund 84.394
Trio Cluster Various
Community Based Job Training Grants 17.269
8. The threshold for distinguishing type A and B programs was $300,000.
9. Yavapai County Community College District was not determined to be a low-risk auditee.
B. FINANCIAL STATEMENT FINDINGS
Current Year:
None reported
YAVAPAI COUNTY COMMUNITY COLLEGE DISTRICT
SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED)
YEAR ENDED JUNE 30, 2010
(9)
C. FINDINGS AND QUESTIONED COSTS – MAJOR FEDERAL AWARD PROGRAMS AUDIT
Current Year Findings (Continued):
10-1:
CFDA Number, Title and Award Number:
84.063 – Federal Pell Grant Program
Grantor:
U.S. Department of Education
Award Period:
July 1, 2009 to June 30, 2010
Condition:
Three of 39 students tested were eligible for additional Pell grants during the summer term but were
not awarded the grant. Five of the 39 students tested had incorrect Pell awards due to either the
incorrect cost of attendance or incorrect status being used in the calculation.
Criteria:
Based on Department of Education guidelines, students with low Expected Family Contributions
(EFCs) are automatically eligible to receive a Pell grant based on their cost of attendance, status
and EFC. The College is responsible for awarding and uploading the student’s information onto the
Common Origination Disbursement website for approval.
Questioned Costs:
None
Possible Asserted Effect:
Students are not receiving the proper Pell awards for which they are eligible.
Recommendation:
We recommend the College upload the students’ information onto the Common Origination
Disbursement website for approval and disburse the funds to the student. The College should also
re-evaluate its procedures for identifying students who are eligible for Pell grants.
Management Response:
Pell awarding was primarily done when students submitted the Summer Financial Aid Application. If
students did not submit an application but were eligible for Pell, the manual awarding of a summer
Pell grant was not done. This will be resolved for summer 2011. Reports will be run to identify those
students who are Pell eligible and have not submitted a Summer Financial Aid Application and they
will be awarded accordingly. This will be overseen by the Director of Business Services/Controller.
YAVAPAI COUNTY COMMUNITY COLLEGE DISTRICT
SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED)
YEAR ENDED JUNE 30, 2010
(10)
C. FINDINGS AND QUESTIONED COSTS – MAJOR FEDERAL AWARD PROGRAMS AUDIT
(CONTINUED)
Current Year Findings (Continued):
10-2:
CFDA Number, Title and Award Number:
SFA Cluster
Grantor:
U.S. Department of Education
Award Period:
July 1, 2009 to June 30, 2010
Condition:
Three of 40 students tested were not sent an award letter. Also, the College does not send
notifications to students when Title IV loans are disbursed to the student.
Criteria:
Before making a Title IV loan disbursement, the College is required to notify the student of eligible
funds, how and when the funds will be disbursed, and the student’s right to cancel the funds.
Questioned Costs:
None
Possible Asserted Effect:
The College is not in compliance with the Department of Education requirements.
Recommendation:
We recommend the College implement procedures to ensure award letters are sent to all students
and procedures to notify students of eligible for Title IV loan funds before making a Title IV loan
disbursement.
Management Response:
There were instances in which award letters were not sent to some students as there was no
tracking within Banner to substantiate that award letters were sent. Further, 14 day loan notices
were not sent to any students for the fiscal year 2009-10 year. As a result of the Banner
implementation verbiage that addressed the 14 day loan notice was inadvertently removed from a
form that all students received for the fiscal year 2008-09 year and prior. Both issues have been
resolved. Award letters are being sent to all students and all students receive a 14 day loan notice
when Direct Loan and Perkins funds are disbursed to students. This is now being tracked in Banner
to substantiate. This was overseen by the Director of Business Services/Controller.
YAVAPAI COUNTY COMMUNITY COLLEGE DISTRICT
SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED)
YEAR ENDED JUNE 30, 2010
(11)
C. FINDINGS AND QUESTIONED COSTS – MAJOR FEDERAL AWARD PROGRAMS AUDIT
(CONTINUED)
Current Year Findings (Continued):
10-3:
CFDA Number, Title and Award Number:
SFA Cluster
Grantor:
U.S. Department of Education
Award Period:
July 1, 2009 to June 30, 2010
Condition:
Two of 40 students tested did not have verification procedures performed correctly. One student’s
verification procedures were not performed and one student’s verification procedures were
performed incorrectly.
Criteria:
The College is responsible for performing verification procedures correctly.
Questioned Costs:
None
Possible Asserted Effect:
The College is not in compliance with the Department of Education requirements.
Recommendation:
We recommend the College evaluate its procedures and policies around verification to ensure that
students are being properly verified.
Management Response:
All initial Institutional Student Information Records (ISIR) transactions were correctly selected for
verification, however, subsequent ISIR transactions were not being routinely evaluated to determine
if selected for verification. This issue has been resolved. A process is now in place to evaluate
subsequent transactions and students are being selected for verification and documents are being
requested to perform verification. All disbursements are being held for those students selected until
verification is performed. This was overseen by the Director of Business Services/Controller.
YAVAPAI COUNTY COMMUNITY COLLEGE DISTRICT
SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED)
YEAR ENDED JUNE 30, 2010
(12)
C. FINDINGS AND QUESTIONED COSTS – MAJOR FEDERAL AWARD PROGRAMS AUDIT
(CONTINUED)
Current Year Findings (Continued):
10-4:
CFDA Number, Title and Award Number:
SFA Cluster
Grantor:
U.S. Department of Education
Award Period:
July 1, 2009 to June 30, 2010
Condition:
The College did not submit federal grant disbursement and adjustment records within required
timeframes.
Criteria:
The College must submit federal grant records no later than 30 days after making a disbursement
or becoming aware of the need to adjust a student’s disbursement.
Questioned Costs:
None
Possible Asserted Effect:
The late reporting on disbursements occurred because the College failed to follow Department of
Education regulations on timely reporting.
Recommendation:
We recommend the College implement procedures to ensure timely reporting requirements are met
for future disbursements.
Management Response:
This finding can be partly attributed to the recent implementation of the Banner system. There were
several origination and disbursement records that remained in an unsent or rejected status in
Banner that were not sent within the 30 day reporting requirement. This issue has been resolved as
reporting is being done on a weekly basis and rejects are being addressed immediately. This was
overseen by the Director of Business Services/Controller.
YAVAPAI COUNTY COMMUNITY COLLEGE DISTRICT
SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED)
YEAR ENDED JUNE 30, 2010
(13)
C. FINDINGS AND QUESTIONED COSTS – MAJOR FEDERAL AWARD PROGRAMS AUDIT
(CONTINUED)
Prior Year Findings:
09-1:
CFDA Number, Title and Award Number:
84.047 – TRIO - Upward Bound
Grantor:
U.S. Department of Education
Award Period:
September 1, 2007 to August 31, 2008
Condition:
The final annual performance report was not filed.
Criteria:
Annual performance reports must be filed in accordance with the grant agreement.
Questioned Costs:
None
Possible Asserted Effect:
Performance reports are not filed with the Department of Education.
Recommendation:
We recommend Yavapai County Community College District implement procedures to assure all
reporting requirements are met.
Status:
The issue was corrected.
YAVAPAI COUNTY COMMUNITY COLLEGE DISTRICT
SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED)
YEAR ENDED JUNE 30, 2010
(14)
C. FINDINGS AND QUESTIONED COSTS – MAJOR FEDERAL AWARD PROGRAMS AUDIT
(CONTINUED)
Prior Year Findings (Continued):
09-2:
CFDA Number, Title and Award Number:
SFA Cluster
Grantor:
U.S. Department of Education
Award Period:
July 1, 2008 to June 30, 2009
Condition:
A new location was added in 2007-08 but was not reported to the Department of Education.
Criteria:
New locations must be reported and approved by the Department of Education.
Questioned Costs:
None
Possible Asserted Effect:
Financial aid may possibly be awarded to students at locations that are not approved. In addition,
the campus security reports did not include the required information for this location.
Recommendation:
We recommend Yavapai County Community College District implement procedures to assure that
all reporting requirements are met.
Status:
The issue was corrected.
YAVAPAI COUNTY COMMUNITY COLLEGE DISTRICT
SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED)
YEAR ENDED JUNE 30, 2010
(15)
C. FINDINGS AND QUESTIONED COSTS – MAJOR FEDERAL AWARD PROGRAMS AUDIT
(CONTINUED)
Prior Year Findings (Continued):
09-3:
CFDA Number, Title and Award Number:
SFA Cluster
Grantor:
U.S. Department of Education
Award Period:
July 1, 2008 to June 30, 2009
Condition:
One student out of forty tested was over-awarded unsubsidized Stafford loans.
Criteria:
When awarding aid, the school must take into consideration all other sources, including VA
benefits, prior to awarding federal aid.
Questioned Costs:
$5,517
Possible Asserted Effect:
Federal student aid may be over-awarded if other sources of aid and benefits are not taken into
consideration before aid is awarded.
Recommendation:
We recommend Yavapai County Community College District implement procedures to assure that
all other benefits received are taken into consideration prior to federal student aid being awarded.
Status:
The issue was corrected.
YAVAPAI COUNTY COMMUNITY COLLEGE DISTRICT
SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED)
YEAR ENDED JUNE 30, 2010
(16)
C. FINDINGS AND QUESTIONED COSTS – MAJOR FEDERAL AWARD PROGRAMS AUDIT
(CONTINUED)
Prior Year Findings (Continued):
09-4:
CFDA Number, Title and Award Number:
84.038 – Federal Perkins Loan Program
Grantor:
U.S. Department of Education
Award Period:
July 1, 2008 to June 30, 2009
Condition:
Yavapai County Community College District changed Perkins Loan administrators during the year;
however, there was some confusion in what specific compliance requirements were being
completed by the administrator and which were to be completed by Yavapai County Community
College District. As a result, we noted not all the due diligence and deferment requirements were
completed.
Criteria:
Yavapai County Community College District is responsible for compliance requirements
surrounding the Perkins Loan program.
Questioned Costs:
None
Possible Asserted Effect:
The Perkins Loan program compliance requirements may not be met.
Recommendation:
We recommend Yavapai County Community College District understands the contract with the
administrator to ensure all compliance requirements surrounding the Perkins Loan program are
completed.
Status:
The issue was corrected.
