WASHINGTON — Howard University confirmed Wednesday that six employees have been fired for “misappropriation of funds” in its financial aid department.
President Wayne A.I. Frederick’s statement came 10 months after university officials learned about that misappropriation and one day after an anonymously sourced web article alleging misconduct.
“I was alerted in December 2016 that there may have been some misappropriation of university-provided financial aid funds,” Frederick said in the statement. “From the moment I was alerted that there may have been a misappropriation of funds, I have taken this situation extremely seriously.”
Frederick did not indicate how much exactly was misappropriated.
An outside auditor, RSM, was hired to investigate, according to that statement. They found that from 2007 to 2016, university employees who received tuition remission also received grants. The combination of these actually exceeded the total cost of attendance. As a result, they pocketed the difference.
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Say it isn't so!! It's all became se of slavery and white privilege that they felt "entitled" to take funds
ReplyDeleteIs Howard the largest HBC in the country? (Historically Black College)
ReplyDeleteIsn't Howard University a Historically Black College?
ReplyDeleteit shouldn`t be a surprise that they are stealing money because NONE of the stolen money will ever have to be paid back so theirs no incentive for the university to ensure that money isn`t being stolen, it ain`t coming out of their pocket.the DEAN and other administrators won`t lose a penny of their bonuses or pay for the last 9 years while the stealing was going on.
ReplyDelete