KENTUCKY STATE UNIVERSITY
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
June 30, 2020
Financial Statements
Type of auditor's report issued on whether the Financial statements audited were prepared In accordance with GAAP: Unmodified
Internal control over financial reporting:
Material weakness(es) identified? ___ Yes ___ No
Significant deficiencies identified not considered to be material weaknesses? ___ Yes ___ None Reported
Noncompliance material to financial statements noted? ___ Yes ___ No
Internal Control over major programs:
Material weakness(es) identified? ___ Yes ___ No
Significant deficiencies identified not considered to be material weaknesses? ___ ___ None Reported
Type of auditor's report issued on compliance for major programs: Unmodified
Any audit findings disclosed that are required to be reported in accordance with 2 CFR 200.516(a)? ___ Yes ___ No
Identification of major programs:
| CFDA Number(s) | Name of Federal Program or Cluster |
|---|
| Student Financial Aid Cluster: |
| 84.007 | Federal Supplemental Educational Opportunity Grants |
| 84.033 | Federal Work-Study Program |
| 84.038 | Federal Perkins Loan Program |
| 84.063 | Federal Pell Grant Program |
| 84.268 | Federal Direct Student Loans |
| 84.379 | Teacher Education Assistance for College and Higher Education Grants |
| Education Stabilization Fund |
| 84.425E | Student emergency grant portion |
| 84.425F | Institutional portion |
| 84.425J | HEERF Historic Black Colleges and University (HBCU) |
Dollar threshold used to distinguish between Type A and Type B programs: 1,105,434
Auditee qualified as low-risk auditee? ___ Yes ___ No
Section II – Financial Statement Findings
None noted.
(Continued)
81.