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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.
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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.
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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.
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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.
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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.
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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.
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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.
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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.
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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.
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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.
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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.
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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.
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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.
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 for 4 of 21 students tested was not returned within 45 days from the date of withdrawal. The sample was not a statistically valid sample. Questioned Costs: For the 4 students that were not returned within the 45 days totaled $13,752. Cause: The University's procedures for the return of Title IV funds were not followed for unofficial withdrawals in January 2023. A counselor was provided the necessary information to process the returns timely, but the counselor did not perform the task. Upon discovery in March 2023, the student financial aid director had the returns processed but it was after the 45 days as described above. Effect: The University was not in compliance with return of Title IV funds in a timely manner. Recommendation: The University should continue to review and adhere to its procedures for refunding awards and implement a process that monitors the deadlines for reporting of Title IV grant or loan assistance return calculations.