We have audited the basic financial statements of Radford University (University) as of and for the year ended June 30, 2025, and issued our report thereon, dated May 27, 2026.  Our report, included in the University’s basic financial statements, is available at the Auditor of Public Accounts website at www.apa.virginia.gov.  Our audit found:

 

• • the financial statements are presented fairly, in all material respects;

 

• • no internal control findings requiring management’s attention;

 

• • no instances of noncompliance or other matters required to be reported under Government Auditing Standards; and

 

• • adequate corrective action with respect to the prior audit finding identified as complete in the Findings Summary included in the Appendix.

 

We did not perform audit work on the prior audit findings titled “Improve Reporting to the National Student Loan Data System” and “Promptly Return Unclaimed Aid to Department of Education” as noted in the Findings Summary included in the Appendix because the University did not implement corrective action during our audit period.  Corrective action has been ongoing since fiscal year 2018 and 2021, respectively.  We will follow up on these findings during the fiscal year 2026 audit.