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ED - A20US0045 - 3.1

Closed · 2023-01-17

From report

Report
University of Cincinnati’s Use of Higher Education Emergency Relief Fund Student Aid and Institutional Grants
OIG report number
A20US0045
Recommendation number
3.1

Recommendation text

Require the University of Cincinnati to incorporate in its policies and procedures and implement the cash management requirements for minimizing the time between drawing down and disbursing Federal grant funds, and remitting interest earned in excess of $500 in accordance with 2 C.F.R. section 200.305(b).