Northeastern University Agrees to Pay $2.7M in Settlement - Higher Education
Higher Education News and Jobs

Northeastern University Agrees to Pay $2.7M in Settlement

by Associated Press

BOSTON ― Northeastern University will pay $2.7 million to the federal government after failing to account for research funds it received from 2001 to 2010.

The National Science Foundation awarded the funds to the university to support high-energy particle physics research.

Federal prosecutors said Tuesday the school repeatedly approved advances and other payments to accounts at the organization controlled by physics professor Stephen Reucroft, without proper justification.

Officials say the school didn’t notify the foundation for more than two years when it discovered problems with the accounting for paid award funds and knew that some of the money went to personal expenses.

The now-retired Reucroft didn’t respond to requests for comment.

Northeastern said in a statement it self-reported the discrepancies, cooperated with investigators, and has made changes to how it monitors grant money.

RELATED ARTICLES >>
Online Platform Helps Students with Hiring Process in STEM Field During his time as a technology consultant at Deloitte and PricewaterhouseCoopers (PwC), Duke University alumnus Aditya Sharma was influenced to create the online platform HiCounselor after he often was approached by students asking for career advice...
Textbook Costs Drop as Nearly Half of Colleges Use OpenStax OpenStax, a nonprofit initiative started by Rice University in 2012 to provide free textbooks and digital resources, is growing and helping to impact the cost of a college education. Rice University, which operates the program with support from se...
HBCUs and PBIs Usher in New Era of Cybersecurity Security analyst, systems administrator or cybersecurity engineer are just a few names of the approximately 350,000 cybersecurity jobs that went unfilled last year. That number of job openings is expected to reach 3.5 million by 2021, according to a ...
Academic Uses Technology to Close the Achievement Gap After Dr. Antonio Pérez steps down from his position as president of Borough of Manhattan Community College (BMCC) later this month, he will focus his energy on further developing his app, HiddenChalk. During his time as college president, Pérez n...
Semantic Tags: