Audit 293097

FY End
2023-06-30
Total Expended
$7.90M
Findings
10
Programs
5
Organization: Moore College of Art & Design (PA)
Year: 2023 Accepted: 2024-03-01

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
371416 2023-002 Significant Deficiency - N
371417 2023-001 Significant Deficiency - N
371418 2023-002 Significant Deficiency - N
371419 2023-001 Significant Deficiency - N
371420 2023-002 Significant Deficiency - N
947858 2023-002 Significant Deficiency - N
947859 2023-001 Significant Deficiency - N
947860 2023-002 Significant Deficiency - N
947861 2023-001 Significant Deficiency - N
947862 2023-002 Significant Deficiency - N

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $6.21M Yes 2
84.063 Federal Pell Grant Program $804,546 Yes 2
84.038 Federal Perkins Loan Program $637,210 Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $154,848 Yes 1
84.033 Federal Work-Study Program $89,559 Yes 0

Contacts

Name Title Type
LG9NPAPCPJ25 William L. Hill, II Auditee
2159654022 Joseph C. Sassa, III Auditor
No contacts on file

Notes to SEFA

Title: Federal Perkins Loan Program Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes federal award activity of Moore College of Art and Design (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 this Schedule presents only a selected portion of the operations of the College, it is not intended to and does not present the financial position, changes in net assets or cash flows of the College. Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The College has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The Federal Perkins Loan Program is administered directly by the College, and balances and transactions relating to this program are included in the College's basic financial statements. Loans outstanding at the beginning of the year and loans made during the year are included in the federal expenditures presented in the Schedule. The balance of loans outstanding at June 30, 2023 was $597,997.

Finding Details

Finding 2023-002 - Student Status Changes Federal Program: Student Financial Assistance Cluster Federal Agency: U.S. Department of Education Pass-Through Entity: Not applicable ALN Number: 84.007, 84.063, 84.268 Federal Award Number: P007A223647, PP063P222121, PK268K232121 Federal Award Year: June 30, 2023 Criteria: Title IV regulations (34 CFR 685.309(b)) require that upon receipt of an enrollment report from the Secretary, institutions must update all information included in the report and return the report to the Secretary: (i) in the manner and format prescribed by the Secretary; and (ii) within the timeframe prescribed by the Secretary. Unless it expects to submit its next updated enrollment report to the Secretary within the next 60 days, an institution must notify the Secretary within 30 days after the date the institution discovers that: (i) a loan under Title IV of the Act was made to or on behalf of a student who was enrolled or accepted for enrollment at the institution, and the student has ceased to be enrolled on at least a half-time basis or failed to enroll on at least a half-time basis for the period for which the loan was intended; or (ii) a student who is enrolled at the institution and who received a loan under Title IV of the Act has changed his or her permanent address. Condition/Context: The change in student status for two (2) of eleven (11) students tested was not reported to the National Student Loan Data System (NSLDS) within 30 days or included in a response to a roster file within 60 days. However, the students were ultimately reported to the NSLDS. The sample was not a statistically valid sample. Questioned Costs: None. Cause: The College’s procedures for reporting student status changes were not designed appropriately to allow for timely reporting to the NSLDS. Effect: The accuracy of Title IV student loan records depends heavily on the accuracy of the enrollment information reported by the College. If an institution does not review, update, and verify student enrollment statuses, effective dates of the enrollment status, and the anticipated completion dates, then the Title IV student loan records will be inaccurate. Recommendation: The College should revise its procedures to ensure accurate enrollment information is sent to the NSLDS within the required timeframe. Views of Responsible Officials and Planned Corrective Actions: On a monthly basis, the Registrar will download the Registration Status report from the student information system and review the report for accuracy to ensure all enrollment changes are captured. Once the review is complete, the information will be uploaded to the National Student Clearinghouse.
Finding 2023-001 - Return of Title IV Funds Federal Program: Student Financial Assistance Cluster Federal Agency: U.S. Department of Education Pass-Through Entity: Not applicable ALN Number: 84.063, 84.268 Federal Award Number: P063P222121, PK268K232121 Federal Award Year: June 30, 2023 Criteria: 34 CFR 668.22 requires that when a recipient of Title IV grant or loan assistance withdraws from an institution during a payment period or period of enrollment in which the recipient began attendance, the institution must determine the amount of Title IV grant or loan assistance that the student earned as of the student's withdrawal date in accordance with Federal regulations and return the unearned portion of the grant or loan funds to the Title IV programs as soon as possible but no later than 45 days after the withdrawal date. Condition/Context: The federal aid refunds for one of twelve students tested as part of our sample were not returned timely to the Title IV Program. For the one student not returned within the 45 days, the total award to be returned was $5,255. The sample was not a statistically valid sample. Questioned Costs: None. Cause: The College’s procedures for the return of Title IV funds were not followed consistently throughout the period. Effect: The amounts refunded to the Department of Education were refunded late. Recommendation: The College should continue to review and adhere to its procedures for refunding awards and implement a more thorough review process to ensure funds required to be returned within 45 days comply with the Title IV regulations. Views of Responsible Officials and Planned Corrective Actions: On a weekly basis, the Registrar will download the Registration Status Report from the student information system and review the report for accuracy. A copy will be provided to the Director of Financial Aid and the Accounts Receivable Coordinator to ensure all withdrawn students have been communicated in a timely fashion and all R2T4s are processed timely.
Finding 2023-002 - Student Status Changes Federal Program: Student Financial Assistance Cluster Federal Agency: U.S. Department of Education Pass-Through Entity: Not applicable ALN Number: 84.007, 84.063, 84.268 Federal Award Number: P007A223647, PP063P222121, PK268K232121 Federal Award Year: June 30, 2023 Criteria: Title IV regulations (34 CFR 685.309(b)) require that upon receipt of an enrollment report from the Secretary, institutions must update all information included in the report and return the report to the Secretary: (i) in the manner and format prescribed by the Secretary; and (ii) within the timeframe prescribed by the Secretary. Unless it expects to submit its next updated enrollment report to the Secretary within the next 60 days, an institution must notify the Secretary within 30 days after the date the institution discovers that: (i) a loan under Title IV of the Act was made to or on behalf of a student who was enrolled or accepted for enrollment at the institution, and the student has ceased to be enrolled on at least a half-time basis or failed to enroll on at least a half-time basis for the period for which the loan was intended; or (ii) a student who is enrolled at the institution and who received a loan under Title IV of the Act has changed his or her permanent address. Condition/Context: The change in student status for two (2) of eleven (11) students tested was not reported to the National Student Loan Data System (NSLDS) within 30 days or included in a response to a roster file within 60 days. However, the students were ultimately reported to the NSLDS. The sample was not a statistically valid sample. Questioned Costs: None. Cause: The College’s procedures for reporting student status changes were not designed appropriately to allow for timely reporting to the NSLDS. Effect: The accuracy of Title IV student loan records depends heavily on the accuracy of the enrollment information reported by the College. If an institution does not review, update, and verify student enrollment statuses, effective dates of the enrollment status, and the anticipated completion dates, then the Title IV student loan records will be inaccurate. Recommendation: The College should revise its procedures to ensure accurate enrollment information is sent to the NSLDS within the required timeframe. Views of Responsible Officials and Planned Corrective Actions: On a monthly basis, the Registrar will download the Registration Status report from the student information system and review the report for accuracy to ensure all enrollment changes are captured. Once the review is complete, the information will be uploaded to the National Student Clearinghouse.
Finding 2023-001 - Return of Title IV Funds Federal Program: Student Financial Assistance Cluster Federal Agency: U.S. Department of Education Pass-Through Entity: Not applicable ALN Number: 84.063, 84.268 Federal Award Number: P063P222121, PK268K232121 Federal Award Year: June 30, 2023 Criteria: 34 CFR 668.22 requires that when a recipient of Title IV grant or loan assistance withdraws from an institution during a payment period or period of enrollment in which the recipient began attendance, the institution must determine the amount of Title IV grant or loan assistance that the student earned as of the student's withdrawal date in accordance with Federal regulations and return the unearned portion of the grant or loan funds to the Title IV programs as soon as possible but no later than 45 days after the withdrawal date. Condition/Context: The federal aid refunds for one of twelve students tested as part of our sample were not returned timely to the Title IV Program. For the one student not returned within the 45 days, the total award to be returned was $5,255. The sample was not a statistically valid sample. Questioned Costs: None. Cause: The College’s procedures for the return of Title IV funds were not followed consistently throughout the period. Effect: The amounts refunded to the Department of Education were refunded late. Recommendation: The College should continue to review and adhere to its procedures for refunding awards and implement a more thorough review process to ensure funds required to be returned within 45 days comply with the Title IV regulations. Views of Responsible Officials and Planned Corrective Actions: On a weekly basis, the Registrar will download the Registration Status Report from the student information system and review the report for accuracy. A copy will be provided to the Director of Financial Aid and the Accounts Receivable Coordinator to ensure all withdrawn students have been communicated in a timely fashion and all R2T4s are processed timely.
Finding 2023-002 - Student Status Changes Federal Program: Student Financial Assistance Cluster Federal Agency: U.S. Department of Education Pass-Through Entity: Not applicable ALN Number: 84.007, 84.063, 84.268 Federal Award Number: P007A223647, PP063P222121, PK268K232121 Federal Award Year: June 30, 2023 Criteria: Title IV regulations (34 CFR 685.309(b)) require that upon receipt of an enrollment report from the Secretary, institutions must update all information included in the report and return the report to the Secretary: (i) in the manner and format prescribed by the Secretary; and (ii) within the timeframe prescribed by the Secretary. Unless it expects to submit its next updated enrollment report to the Secretary within the next 60 days, an institution must notify the Secretary within 30 days after the date the institution discovers that: (i) a loan under Title IV of the Act was made to or on behalf of a student who was enrolled or accepted for enrollment at the institution, and the student has ceased to be enrolled on at least a half-time basis or failed to enroll on at least a half-time basis for the period for which the loan was intended; or (ii) a student who is enrolled at the institution and who received a loan under Title IV of the Act has changed his or her permanent address. Condition/Context: The change in student status for two (2) of eleven (11) students tested was not reported to the National Student Loan Data System (NSLDS) within 30 days or included in a response to a roster file within 60 days. However, the students were ultimately reported to the NSLDS. The sample was not a statistically valid sample. Questioned Costs: None. Cause: The College’s procedures for reporting student status changes were not designed appropriately to allow for timely reporting to the NSLDS. Effect: The accuracy of Title IV student loan records depends heavily on the accuracy of the enrollment information reported by the College. If an institution does not review, update, and verify student enrollment statuses, effective dates of the enrollment status, and the anticipated completion dates, then the Title IV student loan records will be inaccurate. Recommendation: The College should revise its procedures to ensure accurate enrollment information is sent to the NSLDS within the required timeframe. Views of Responsible Officials and Planned Corrective Actions: On a monthly basis, the Registrar will download the Registration Status report from the student information system and review the report for accuracy to ensure all enrollment changes are captured. Once the review is complete, the information will be uploaded to the National Student Clearinghouse.
Finding 2023-002 - Student Status Changes Federal Program: Student Financial Assistance Cluster Federal Agency: U.S. Department of Education Pass-Through Entity: Not applicable ALN Number: 84.007, 84.063, 84.268 Federal Award Number: P007A223647, PP063P222121, PK268K232121 Federal Award Year: June 30, 2023 Criteria: Title IV regulations (34 CFR 685.309(b)) require that upon receipt of an enrollment report from the Secretary, institutions must update all information included in the report and return the report to the Secretary: (i) in the manner and format prescribed by the Secretary; and (ii) within the timeframe prescribed by the Secretary. Unless it expects to submit its next updated enrollment report to the Secretary within the next 60 days, an institution must notify the Secretary within 30 days after the date the institution discovers that: (i) a loan under Title IV of the Act was made to or on behalf of a student who was enrolled or accepted for enrollment at the institution, and the student has ceased to be enrolled on at least a half-time basis or failed to enroll on at least a half-time basis for the period for which the loan was intended; or (ii) a student who is enrolled at the institution and who received a loan under Title IV of the Act has changed his or her permanent address. Condition/Context: The change in student status for two (2) of eleven (11) students tested was not reported to the National Student Loan Data System (NSLDS) within 30 days or included in a response to a roster file within 60 days. However, the students were ultimately reported to the NSLDS. The sample was not a statistically valid sample. Questioned Costs: None. Cause: The College’s procedures for reporting student status changes were not designed appropriately to allow for timely reporting to the NSLDS. Effect: The accuracy of Title IV student loan records depends heavily on the accuracy of the enrollment information reported by the College. If an institution does not review, update, and verify student enrollment statuses, effective dates of the enrollment status, and the anticipated completion dates, then the Title IV student loan records will be inaccurate. Recommendation: The College should revise its procedures to ensure accurate enrollment information is sent to the NSLDS within the required timeframe. Views of Responsible Officials and Planned Corrective Actions: On a monthly basis, the Registrar will download the Registration Status report from the student information system and review the report for accuracy to ensure all enrollment changes are captured. Once the review is complete, the information will be uploaded to the National Student Clearinghouse.
Finding 2023-001 - Return of Title IV Funds Federal Program: Student Financial Assistance Cluster Federal Agency: U.S. Department of Education Pass-Through Entity: Not applicable ALN Number: 84.063, 84.268 Federal Award Number: P063P222121, PK268K232121 Federal Award Year: June 30, 2023 Criteria: 34 CFR 668.22 requires that when a recipient of Title IV grant or loan assistance withdraws from an institution during a payment period or period of enrollment in which the recipient began attendance, the institution must determine the amount of Title IV grant or loan assistance that the student earned as of the student's withdrawal date in accordance with Federal regulations and return the unearned portion of the grant or loan funds to the Title IV programs as soon as possible but no later than 45 days after the withdrawal date. Condition/Context: The federal aid refunds for one of twelve students tested as part of our sample were not returned timely to the Title IV Program. For the one student not returned within the 45 days, the total award to be returned was $5,255. The sample was not a statistically valid sample. Questioned Costs: None. Cause: The College’s procedures for the return of Title IV funds were not followed consistently throughout the period. Effect: The amounts refunded to the Department of Education were refunded late. Recommendation: The College should continue to review and adhere to its procedures for refunding awards and implement a more thorough review process to ensure funds required to be returned within 45 days comply with the Title IV regulations. Views of Responsible Officials and Planned Corrective Actions: On a weekly basis, the Registrar will download the Registration Status Report from the student information system and review the report for accuracy. A copy will be provided to the Director of Financial Aid and the Accounts Receivable Coordinator to ensure all withdrawn students have been communicated in a timely fashion and all R2T4s are processed timely.
Finding 2023-002 - Student Status Changes Federal Program: Student Financial Assistance Cluster Federal Agency: U.S. Department of Education Pass-Through Entity: Not applicable ALN Number: 84.007, 84.063, 84.268 Federal Award Number: P007A223647, PP063P222121, PK268K232121 Federal Award Year: June 30, 2023 Criteria: Title IV regulations (34 CFR 685.309(b)) require that upon receipt of an enrollment report from the Secretary, institutions must update all information included in the report and return the report to the Secretary: (i) in the manner and format prescribed by the Secretary; and (ii) within the timeframe prescribed by the Secretary. Unless it expects to submit its next updated enrollment report to the Secretary within the next 60 days, an institution must notify the Secretary within 30 days after the date the institution discovers that: (i) a loan under Title IV of the Act was made to or on behalf of a student who was enrolled or accepted for enrollment at the institution, and the student has ceased to be enrolled on at least a half-time basis or failed to enroll on at least a half-time basis for the period for which the loan was intended; or (ii) a student who is enrolled at the institution and who received a loan under Title IV of the Act has changed his or her permanent address. Condition/Context: The change in student status for two (2) of eleven (11) students tested was not reported to the National Student Loan Data System (NSLDS) within 30 days or included in a response to a roster file within 60 days. However, the students were ultimately reported to the NSLDS. The sample was not a statistically valid sample. Questioned Costs: None. Cause: The College’s procedures for reporting student status changes were not designed appropriately to allow for timely reporting to the NSLDS. Effect: The accuracy of Title IV student loan records depends heavily on the accuracy of the enrollment information reported by the College. If an institution does not review, update, and verify student enrollment statuses, effective dates of the enrollment status, and the anticipated completion dates, then the Title IV student loan records will be inaccurate. Recommendation: The College should revise its procedures to ensure accurate enrollment information is sent to the NSLDS within the required timeframe. Views of Responsible Officials and Planned Corrective Actions: On a monthly basis, the Registrar will download the Registration Status report from the student information system and review the report for accuracy to ensure all enrollment changes are captured. Once the review is complete, the information will be uploaded to the National Student Clearinghouse.
Finding 2023-001 - Return of Title IV Funds Federal Program: Student Financial Assistance Cluster Federal Agency: U.S. Department of Education Pass-Through Entity: Not applicable ALN Number: 84.063, 84.268 Federal Award Number: P063P222121, PK268K232121 Federal Award Year: June 30, 2023 Criteria: 34 CFR 668.22 requires that when a recipient of Title IV grant or loan assistance withdraws from an institution during a payment period or period of enrollment in which the recipient began attendance, the institution must determine the amount of Title IV grant or loan assistance that the student earned as of the student's withdrawal date in accordance with Federal regulations and return the unearned portion of the grant or loan funds to the Title IV programs as soon as possible but no later than 45 days after the withdrawal date. Condition/Context: The federal aid refunds for one of twelve students tested as part of our sample were not returned timely to the Title IV Program. For the one student not returned within the 45 days, the total award to be returned was $5,255. The sample was not a statistically valid sample. Questioned Costs: None. Cause: The College’s procedures for the return of Title IV funds were not followed consistently throughout the period. Effect: The amounts refunded to the Department of Education were refunded late. Recommendation: The College should continue to review and adhere to its procedures for refunding awards and implement a more thorough review process to ensure funds required to be returned within 45 days comply with the Title IV regulations. Views of Responsible Officials and Planned Corrective Actions: On a weekly basis, the Registrar will download the Registration Status Report from the student information system and review the report for accuracy. A copy will be provided to the Director of Financial Aid and the Accounts Receivable Coordinator to ensure all withdrawn students have been communicated in a timely fashion and all R2T4s are processed timely.
Finding 2023-002 - Student Status Changes Federal Program: Student Financial Assistance Cluster Federal Agency: U.S. Department of Education Pass-Through Entity: Not applicable ALN Number: 84.007, 84.063, 84.268 Federal Award Number: P007A223647, PP063P222121, PK268K232121 Federal Award Year: June 30, 2023 Criteria: Title IV regulations (34 CFR 685.309(b)) require that upon receipt of an enrollment report from the Secretary, institutions must update all information included in the report and return the report to the Secretary: (i) in the manner and format prescribed by the Secretary; and (ii) within the timeframe prescribed by the Secretary. Unless it expects to submit its next updated enrollment report to the Secretary within the next 60 days, an institution must notify the Secretary within 30 days after the date the institution discovers that: (i) a loan under Title IV of the Act was made to or on behalf of a student who was enrolled or accepted for enrollment at the institution, and the student has ceased to be enrolled on at least a half-time basis or failed to enroll on at least a half-time basis for the period for which the loan was intended; or (ii) a student who is enrolled at the institution and who received a loan under Title IV of the Act has changed his or her permanent address. Condition/Context: The change in student status for two (2) of eleven (11) students tested was not reported to the National Student Loan Data System (NSLDS) within 30 days or included in a response to a roster file within 60 days. However, the students were ultimately reported to the NSLDS. The sample was not a statistically valid sample. Questioned Costs: None. Cause: The College’s procedures for reporting student status changes were not designed appropriately to allow for timely reporting to the NSLDS. Effect: The accuracy of Title IV student loan records depends heavily on the accuracy of the enrollment information reported by the College. If an institution does not review, update, and verify student enrollment statuses, effective dates of the enrollment status, and the anticipated completion dates, then the Title IV student loan records will be inaccurate. Recommendation: The College should revise its procedures to ensure accurate enrollment information is sent to the NSLDS within the required timeframe. Views of Responsible Officials and Planned Corrective Actions: On a monthly basis, the Registrar will download the Registration Status report from the student information system and review the report for accuracy to ensure all enrollment changes are captured. Once the review is complete, the information will be uploaded to the National Student Clearinghouse.