The consequences of not certifying a report in an accurate and timely manner include:
- Suspension or termination of awards
- Disallowances and repayments
- Additional oversight by the federal agency
- Administrative sanctions
- Civil/criminal violations
- Suspension and/or debarment
- Submission of corrective action plans
- Loss of future funding
- Negative publicity (for individuals and the campus)
- Erosion of public trust and confidence