Audit 297900

ENROLLMENT REPORTING OF STUDENT STATUS WITH NATIONAL STUDENT LOAN DATA SYSTEM (NSLDS) - FEDERAL DIRECT LOANS 84.268. Criteria - Per 34 CFR 685.309 and further described in the NSLDS Enrollment Reporting Guide, enrollment information must be reported within 30 days whenever a student's enrollment status changes, unless an Enrollment Reporting Roster will be submitted within 60 days. Condition and Context - Of our sample of 60 student files, two cases were noted where the enrollment status reported with NSLDS did not agree with College records. Cause - The students received multiple degrees at the same time, in which the Clearinghouse was unable to determine which record the graduated status should be applied to. Potential Effect - Changes in students' enrollment status could have an effect on students' deferment, grace periods, and the repayment requirements of interest and principal on student loans. Questioned Costs - None. Recommendation - We recommend the College review enrollment status reported with NSLDS, among other procedures considered necessary by management to ensure that they are in agreement with College records. Views of Responsible Officials and Planned Corrective Action - The College identified what took place during contact with the Clearinghouse. Student records have been updated and procedures have been implemented to ensure accuracy enrollment reporting in addition to implementing review procedures between college records and NSLDS enrollment reports.

ENROLLMENT REPORTING OF STUDENT STATUS WITH NATIONAL STUDENT LOAN DATA SYSTEM (NSLDS) - FEDERAL DIRECT LOANS 84.268. Criteria - Per 34 CFR 685.309 and further described in the NSLDS Enrollment Reporting Guide, enrollment information must be reported within 30 days whenever a student's enrollment status changes, unless an Enrollment Reporting Roster will be submitted within 60 days. Condition and Context - Of our sample of 60 student files, two cases were noted where the enrollment status reported with NSLDS did not agree with College records. Cause - The students received multiple degrees at the same time, in which the Clearinghouse was unable to determine which record the graduated status should be applied to. Potential Effect - Changes in students' enrollment status could have an effect on students' deferment, grace periods, and the repayment requirements of interest and principal on student loans. Questioned Costs - None. Recommendation - We recommend the College review enrollment status reported with NSLDS, among other procedures considered necessary by management to ensure that they are in agreement with College records. Views of Responsible Officials and Planned Corrective Action - The College identified what took place during contact with the Clearinghouse. Student records have been updated and procedures have been implemented to ensure accuracy enrollment reporting in addition to implementing review procedures between college records and NSLDS enrollment reports.