Use of Department of Education Title III Grant Funds by the International Institute of the Americas of World University
HRD-84-20
Published: Apr 04, 1984. Publicly Released: Apr 04, 1984.
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Highlights
Pursuant to a congressional request, GAO analyzed the use of the Higher Education Act title III grant funds by the International Institute of the Americas of World University, San Juan, Puerto Rico.
Recommendations
Recommendations for Executive Action
| Agency Affected | Recommendation | Status |
|---|---|---|
| Department of Education | The Secretary of Education should review the World University's title III grants to identify the total amount of unallowable and/or unsupportable costs charged to the grants and require a return of those funds to the Department of Education. |
The World University declared bankruptcy. Although its trustees concurred with Education's Inspector General findings, Education was unable to determine if it would be one of the creditors included in the distribution of World University assets, and, if so, when and how much it would collect.
|
| Department of Education | The Secretary of Education should review the World University's administration of title IV programs to determine whether the institution is complying with title IV regulations and whether any monies received under those programs should be returned to Education. |
The World University declared bankruptcy. Although its trustees concurred with Education's Inspector General findings, Education was unable to determine if it would be one of the creditors included in the distribution of World University assets, and, if so, when and how much it would collect.
|
| Department of Education | The Secretary of Education should determine whether the World University and each of its affiliates now receiving title IV funds are financially responsible, as defined under Education's regulations governing "factors of financial responsibility." |
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
|
| Veterans Administration | The Administrator of Veterans Affairs should make certain that final resolution be made concerning repayment of $544,613.56 owed the Veterans Administration by World University. |
Settlement of the debt to VA is before the courts. The timeframe and amount of the final resolution are uncertain because of the litigation involved and the World University's bankrupt status.
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Colleges and universitiesEducation program evaluationEducational grantsFinancial recordsFunds managementGrant administrationGrant monitoringInternal controlsRecords managementExpenditure of funds