Our audit disclosed that mc did not comply with the terms of its agreement with the U.S. Department of Education. UIC failed to show that its GEAR UP project provided services to 1,130 participants from its cohort during each of the first three years of the grant (September 1, 1999, through August 31,2002). In addition, UIC and its partnership failed to provide $990,847 in required non-federal matching contributions forthe first three years of the grant. Therefore, we recommend that the Chief Financial Officer, Office of the Chief Financial Officer, in conjunction with the Assistant Secretary, Office of Postsecondary Education, require UIC to refund all $1,018,212 received during the first three years of the grant and take appropriate action pursuant to 34 C.F.R. § 74.62 to protect future GEAR UP grant funds
Chicago, IL
United States