strengthening historically black colleges and universities (hbcu) program
TRANSCRIPT
Title III Part-B Higher Education Act 1965, as amended
Higher Education Opportunity Act, Sec. 308 Amendments effective August 2008
Legislation, Statute, or Act – Establish the law
Regulation – Implements the law
OMB Circular A-21 – Provides guidance
Pell (50%) of Award +Graduates (25%) of Award +Percent of Grad. School Enrollees Award (25%)
Univ. A ‘s Total Award = $1,560,157
SINGLE YEAR AWARD
Pell $700,000 50% Grads $466,853 25% Grad School $393,304 25% Grant Award $1,560,157 100%
1) Purchase or lease of scientific or laboratory equipment
2) Construction, maintenance, renovation of instructional facilities
3) Support of faculty exchanges, faculty development
4) Academic instruction in which Black Americans are underrepresented
5) Purchase of library books, periodicals, and other educational materials
6) Tutoring, counseling, and student service programs
7) Funds and administrative management, and acquisition of equipment
8) Joint use of facilities, ex., laboratories, libraries
9) Establish or improve a development office to improve contributions
10) Establish or enhance a program of teacher education
13) Purchase of real property
14) Financial information to improve literacy
Up to 2% of grant for needed services
o Activities inconsistent with State plan for desegregation
o Activities related to sectarian instruction or religious worship
o Activities provided by a school of divinity
Not more than 20% use for endowment
50% limit on construction of instructional facilities
2% limit for services to implement project
Performance Period = ED commitment
10/1/2007 – 9/30/2012
Five one-year budget periods 10/1/2010 – 9/30/2011 Five year extension on unexpended funds
ex. fiscal year 2012-2017 period
Work closely with President & Administrators
Coordinate application preparation
Liaison with ED Program Specialist
Review and approve grant expenditures
Reconcile expenditures with Business Office
Monitor & document project compliance
Project evaluation
Maintain records on grant activities
Role of ProjectDirector (continued)
Maintain federal Title III grant as restricted fund
Secure Title III project director authorization for grant expenditures
Drawdown, reporting, audit (GAPS) (G5)
Maintain record of all expenditures
Reconcile transactions with Project Director
Reasons include: Institution’s monitoring indexComplaintsRequest for technical assistanceGeneral program-wide assessments
Exemplary project
All funded applications
Any modifications to the original application
Annual Performance Reports (APR’s)
Financial records
Audit ReadinessAudit Readiness
Approved budgets
Project staff organizational chart
Position descriptions
Equipment inventory (labeled as ED)
Project policies and procedures
• OMB Circular A-21 – Cost Principles for Institutions of Higher Education (www.omb.gov)
• U.S. Department of Education (www.ed.gov
• Institutional Services
John L. Hunt & AssociatesJohn L. Hunt & AssociatesConsultantsConsultantsFederal Higher Education Federal Higher Education ProgramsProgramsWashington, D.C.Washington, D.C.(202) 249-0540(202) [email protected]@RCN.COM