Audit 289280

FY End
2023-06-30
Total Expended
$7.45M
Findings
8
Programs
4
Organization: Spartanburg Methodist College (SC)
Year: 2023 Accepted: 2024-02-07

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
366508 2023-001 - - N
366509 2023-001 - - N
366510 2023-001 - - N
366511 2023-001 - - N
942950 2023-001 - - N
942951 2023-001 - - N
942952 2023-001 - - N
942953 2023-001 - - N

Programs

ALN Program Spent Major Findings
84.063 Federal Pell Grant Program $3.66M Yes 1
84.268 Federal Direct Student Loans $3.63M Yes 1
84.007 Federal Supplemental Educational Opportunity Grants $111,115 Yes 1
84.033 Federal Work-Study Program $51,630 Yes 1

Contacts

Name Title Type
XLN1STFE8HR7 Michael Crocker Auditee
8645874259 Roselle Bonnoitt Auditor
No contacts on file

Notes to SEFA

Title: Note 1—Basis of presentation Accounting Policies: Basis of accounting – Expenditures reported on the Schedule are reported on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: Indirect Cost Rate - The College has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (“the Schedule”) includes the federal grant activity of Spartanburg Methodist College (“the College”) under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”). Because the Schedule presents only a selected portion of the operations of the College, it is not intended to and does not present the statements of financial position, activities and changes in net assets and cash flows of the College.
Title: Note 3—Federal Direct Student Loans Accounting Policies: Basis of accounting – Expenditures reported on the Schedule are reported on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: Indirect Cost Rate - The College has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. Federal Direct Student Loans, amounting to $3,259,807, were made to students of the College during the year ended June 30, 2023. Parent Loans for Undergraduate Studies, amounting to $366,786 were made to parents of students of the College during the year ended June 30, 2023.

Finding Details

Finding 2023-001 – Student Financial Aid Cluster, Assistance Listing # 84.007, 84.033, 84.063, 84.268 Compliance Requirement: Special Test and Provisions – Enrollment Reporting Condition: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the National Student Loan Data System (“NSLDS”) within 60 days of the change. Criteria: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the NSLDS within 60 days of the change. Cause: The College had not reported changes of withdrawn students to the NSLDS as required under the Uniform Grant Guidance for the year ended June 30, 2023. The status information reported in the College’s system, Colleague (withdrawal date and last date of academic activity), was incorrectly extracted for the submission to the National Student Clearinghouse and NSLDS, which created discrepancies between the statuses. The College was unaware of this technical issue and did not have another monitoring mechanism in place that would have alerted them to this deficiency in the system reporting. Context: Within in our sample of twenty-two students, the change in status for thirteen graduated students was not properly updated. The College submitted these changes to the NSLDS once discovered, however, the submissions were after 60 days. Effect: The College did not report withdraw changes to the NSLDS timely. Recommendation: The College should put in place a process to timely identify status changes that have not been properly updated in the National Student Clearinghouse and NSLDS system so student status changes are reported to the NSLDS within the required timeframe. Management Response: The College concurs with this finding. Corrective Action Plan: See attached management’s corrective action plan.
Finding 2023-001 – Student Financial Aid Cluster, Assistance Listing # 84.007, 84.033, 84.063, 84.268 Compliance Requirement: Special Test and Provisions – Enrollment Reporting Condition: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the National Student Loan Data System (“NSLDS”) within 60 days of the change. Criteria: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the NSLDS within 60 days of the change. Cause: The College had not reported changes of withdrawn students to the NSLDS as required under the Uniform Grant Guidance for the year ended June 30, 2023. The status information reported in the College’s system, Colleague (withdrawal date and last date of academic activity), was incorrectly extracted for the submission to the National Student Clearinghouse and NSLDS, which created discrepancies between the statuses. The College was unaware of this technical issue and did not have another monitoring mechanism in place that would have alerted them to this deficiency in the system reporting. Context: Within in our sample of twenty-two students, the change in status for thirteen graduated students was not properly updated. The College submitted these changes to the NSLDS once discovered, however, the submissions were after 60 days. Effect: The College did not report withdraw changes to the NSLDS timely. Recommendation: The College should put in place a process to timely identify status changes that have not been properly updated in the National Student Clearinghouse and NSLDS system so student status changes are reported to the NSLDS within the required timeframe. Management Response: The College concurs with this finding. Corrective Action Plan: See attached management’s corrective action plan.
Finding 2023-001 – Student Financial Aid Cluster, Assistance Listing # 84.007, 84.033, 84.063, 84.268 Compliance Requirement: Special Test and Provisions – Enrollment Reporting Condition: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the National Student Loan Data System (“NSLDS”) within 60 days of the change. Criteria: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the NSLDS within 60 days of the change. Cause: The College had not reported changes of withdrawn students to the NSLDS as required under the Uniform Grant Guidance for the year ended June 30, 2023. The status information reported in the College’s system, Colleague (withdrawal date and last date of academic activity), was incorrectly extracted for the submission to the National Student Clearinghouse and NSLDS, which created discrepancies between the statuses. The College was unaware of this technical issue and did not have another monitoring mechanism in place that would have alerted them to this deficiency in the system reporting. Context: Within in our sample of twenty-two students, the change in status for thirteen graduated students was not properly updated. The College submitted these changes to the NSLDS once discovered, however, the submissions were after 60 days. Effect: The College did not report withdraw changes to the NSLDS timely. Recommendation: The College should put in place a process to timely identify status changes that have not been properly updated in the National Student Clearinghouse and NSLDS system so student status changes are reported to the NSLDS within the required timeframe. Management Response: The College concurs with this finding. Corrective Action Plan: See attached management’s corrective action plan.
Finding 2023-001 – Student Financial Aid Cluster, Assistance Listing # 84.007, 84.033, 84.063, 84.268 Compliance Requirement: Special Test and Provisions – Enrollment Reporting Condition: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the National Student Loan Data System (“NSLDS”) within 60 days of the change. Criteria: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the NSLDS within 60 days of the change. Cause: The College had not reported changes of withdrawn students to the NSLDS as required under the Uniform Grant Guidance for the year ended June 30, 2023. The status information reported in the College’s system, Colleague (withdrawal date and last date of academic activity), was incorrectly extracted for the submission to the National Student Clearinghouse and NSLDS, which created discrepancies between the statuses. The College was unaware of this technical issue and did not have another monitoring mechanism in place that would have alerted them to this deficiency in the system reporting. Context: Within in our sample of twenty-two students, the change in status for thirteen graduated students was not properly updated. The College submitted these changes to the NSLDS once discovered, however, the submissions were after 60 days. Effect: The College did not report withdraw changes to the NSLDS timely. Recommendation: The College should put in place a process to timely identify status changes that have not been properly updated in the National Student Clearinghouse and NSLDS system so student status changes are reported to the NSLDS within the required timeframe. Management Response: The College concurs with this finding. Corrective Action Plan: See attached management’s corrective action plan.
Finding 2023-001 – Student Financial Aid Cluster, Assistance Listing # 84.007, 84.033, 84.063, 84.268 Compliance Requirement: Special Test and Provisions – Enrollment Reporting Condition: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the National Student Loan Data System (“NSLDS”) within 60 days of the change. Criteria: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the NSLDS within 60 days of the change. Cause: The College had not reported changes of withdrawn students to the NSLDS as required under the Uniform Grant Guidance for the year ended June 30, 2023. The status information reported in the College’s system, Colleague (withdrawal date and last date of academic activity), was incorrectly extracted for the submission to the National Student Clearinghouse and NSLDS, which created discrepancies between the statuses. The College was unaware of this technical issue and did not have another monitoring mechanism in place that would have alerted them to this deficiency in the system reporting. Context: Within in our sample of twenty-two students, the change in status for thirteen graduated students was not properly updated. The College submitted these changes to the NSLDS once discovered, however, the submissions were after 60 days. Effect: The College did not report withdraw changes to the NSLDS timely. Recommendation: The College should put in place a process to timely identify status changes that have not been properly updated in the National Student Clearinghouse and NSLDS system so student status changes are reported to the NSLDS within the required timeframe. Management Response: The College concurs with this finding. Corrective Action Plan: See attached management’s corrective action plan.
Finding 2023-001 – Student Financial Aid Cluster, Assistance Listing # 84.007, 84.033, 84.063, 84.268 Compliance Requirement: Special Test and Provisions – Enrollment Reporting Condition: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the National Student Loan Data System (“NSLDS”) within 60 days of the change. Criteria: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the NSLDS within 60 days of the change. Cause: The College had not reported changes of withdrawn students to the NSLDS as required under the Uniform Grant Guidance for the year ended June 30, 2023. The status information reported in the College’s system, Colleague (withdrawal date and last date of academic activity), was incorrectly extracted for the submission to the National Student Clearinghouse and NSLDS, which created discrepancies between the statuses. The College was unaware of this technical issue and did not have another monitoring mechanism in place that would have alerted them to this deficiency in the system reporting. Context: Within in our sample of twenty-two students, the change in status for thirteen graduated students was not properly updated. The College submitted these changes to the NSLDS once discovered, however, the submissions were after 60 days. Effect: The College did not report withdraw changes to the NSLDS timely. Recommendation: The College should put in place a process to timely identify status changes that have not been properly updated in the National Student Clearinghouse and NSLDS system so student status changes are reported to the NSLDS within the required timeframe. Management Response: The College concurs with this finding. Corrective Action Plan: See attached management’s corrective action plan.
Finding 2023-001 – Student Financial Aid Cluster, Assistance Listing # 84.007, 84.033, 84.063, 84.268 Compliance Requirement: Special Test and Provisions – Enrollment Reporting Condition: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the National Student Loan Data System (“NSLDS”) within 60 days of the change. Criteria: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the NSLDS within 60 days of the change. Cause: The College had not reported changes of withdrawn students to the NSLDS as required under the Uniform Grant Guidance for the year ended June 30, 2023. The status information reported in the College’s system, Colleague (withdrawal date and last date of academic activity), was incorrectly extracted for the submission to the National Student Clearinghouse and NSLDS, which created discrepancies between the statuses. The College was unaware of this technical issue and did not have another monitoring mechanism in place that would have alerted them to this deficiency in the system reporting. Context: Within in our sample of twenty-two students, the change in status for thirteen graduated students was not properly updated. The College submitted these changes to the NSLDS once discovered, however, the submissions were after 60 days. Effect: The College did not report withdraw changes to the NSLDS timely. Recommendation: The College should put in place a process to timely identify status changes that have not been properly updated in the National Student Clearinghouse and NSLDS system so student status changes are reported to the NSLDS within the required timeframe. Management Response: The College concurs with this finding. Corrective Action Plan: See attached management’s corrective action plan.
Finding 2023-001 – Student Financial Aid Cluster, Assistance Listing # 84.007, 84.033, 84.063, 84.268 Compliance Requirement: Special Test and Provisions – Enrollment Reporting Condition: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the National Student Loan Data System (“NSLDS”) within 60 days of the change. Criteria: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the NSLDS within 60 days of the change. Cause: The College had not reported changes of withdrawn students to the NSLDS as required under the Uniform Grant Guidance for the year ended June 30, 2023. The status information reported in the College’s system, Colleague (withdrawal date and last date of academic activity), was incorrectly extracted for the submission to the National Student Clearinghouse and NSLDS, which created discrepancies between the statuses. The College was unaware of this technical issue and did not have another monitoring mechanism in place that would have alerted them to this deficiency in the system reporting. Context: Within in our sample of twenty-two students, the change in status for thirteen graduated students was not properly updated. The College submitted these changes to the NSLDS once discovered, however, the submissions were after 60 days. Effect: The College did not report withdraw changes to the NSLDS timely. Recommendation: The College should put in place a process to timely identify status changes that have not been properly updated in the National Student Clearinghouse and NSLDS system so student status changes are reported to the NSLDS within the required timeframe. Management Response: The College concurs with this finding. Corrective Action Plan: See attached management’s corrective action plan.