Saturday, May 29, 2010

GAO Again Recommends Better Oversight of Grants to Minority Serving Institutions

GAO Again Recommends Better Oversight of Grants to Minority Serving Institutions: WASHINGTON – Since 2004, the Government Accountability Office (GAO) has been telling the U.S. Department of Education that it needs to improve the way it monitors and provides technical assistance to Title III and V grantees. These federal education funds go to institutions that enroll large numbers of low-income and minority students, including historically Black colleges and universities, Hispanic-serving institutions, tribally controlled colleges and universities, and others. And, in the past 10 years, funding has almost tripled, from $230 million to $681 million.

But according to testimony delivered before the House Committee on Education and Labor on Thursday, the agency continues to make only limited progress. In fact, GAO uncovered “questionable expenditures” at four of the seven institutions where it conducted financial site visits last year—to the tune of more than $140,000.