ED Watchdog Releases Fiscal Year 2021-22 Work Plan With Focus on CARES Act Oversight – NASFAA
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The Department of Education’s (ED) Office of Inspector General (OIG) unveiled its annual plan for Fiscal Year (FY) 2021-22 with the intention of completing a series of audits and inspections related to the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
According to the report, the agency plans to “include reviews of [the] Department’s oversight of multiple grant programs and relief funds, grantee management and use of CARES Act awards, and the effectiveness of the Department’s processes to implement flexibilities in the student financial assistance programs.”
Since implementation of the CARES Act, NASFAA has tracked how ED has carried out the congressionally approved guidelines in our newly updated timeline.
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