Audit 336808

FY End
2024-06-30
Total Expended
$25.29M
Findings
8
Programs
11
Organization: University of St. Thomas (TX)
Year: 2024 Accepted: 2025-01-09

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
518425 2024-001 Significant Deficiency - N
518426 2024-001 Significant Deficiency - N
518427 2024-002 - - N
518428 2024-002 - - N
1094867 2024-001 Significant Deficiency - N
1094868 2024-001 Significant Deficiency - N
1094869 2024-002 - - N
1094870 2024-002 - - N

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $14.64M Yes 2
84.063 Federal Pell Grant Program $7.53M Yes 2
84.031 Higher Education Institutional Aid $355,227 - 0
84.007 Federal Supplemental Educational Opportunity Grants $326,754 Yes 0
84.033 Federal Work-Study Program $234,993 Yes 0
84.116 Fund for the Improvement of Postsecondary Education $208,602 - 0
47.070 Computer and Information Science and Engineering $198,799 - 0
84.120 Minority Science and Engineering Improvement $129,233 - 0
47.049 Mathematical and Physical Sciences $113,908 - 0
84.425 Education Stabilization Fund $50,096 - 0
45.310 Grants to States $507 - 0

Contacts

Name Title Type
F2UMFMN2W568 Keith Scheffler Auditee
7135252124 Shekita Rawls Auditor
No contacts on file

Notes to SEFA

Title: Note 1: Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The University has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of University of St. Thomas (University) under programs of the federal government for the year ended June 30, 2024. 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 University, they are not intended to, and does not, present the financial position, changes in net assets, or cash flows of the University.
Title: Note 4: Federal Loan Programs Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The University has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. For the purposes of the schedule of expenditures of federal awards, loans made to students under the Federal Direct Student Loans program are presented as federal expenditures. Neither the funds advanced to students, nor the outstanding loan balance are included in the consolidated financial statements, since the loans are made and subsequently collected by the federal government.

Finding Details

Special Tests and Provisions – Enrollment Reporting Student Financial Assistance Cluster, Assistance Listing Number 84.268 Federal Direct Student Loans, Assistance Listing Number 84.063 Federal Grant Program U.S. Department of Education Program Year 2023-2024 Type of Finding: Other Instance of Noncompliance and Significant Deficiency Criteria: Management is responsible for compliance with Special Tests and Provisions – Enrollment Reporting procedures in accordance with the Uniform Guidance. (34 CFR 690.93(b)(2); 34 CFR 682.610; 34 CFR 685.309) Condition: Federal regulations provide that the University is responsible for notifying the National Student Loan Data System (NSLDS) of enrollment change. NSLDS was not notified, and the University’s internal control system did not prevent or detect that the NSLDS was not notified of change. Questioned Costs: None Context: Out of a population of 661 students with enrollment changes, a sample of 25 students were selected for testing. 2 out of the 25 enrollment changes did not get reported to NSLDS. Our sampling method was not, and was not intended to be statically valid. Effect: The failure to report enrollment changes to NSLDS may result in inaccurate or delayed updates to student loan records. Cause: The University’s processes did not ensure that enrollment status changes were completed accurately and timely to NSLDS. Repeat Finding: No Recommendation: We recommend the University evaluate controls around monitoring enrollment reporting, ensuring NSLDS receives notification of enrollment changes. Views of Responsible Officials: Management concurs with the finding and recommendation. See further information on the corrective action plan provided by management.
Special Tests and Provisions – Enrollment Reporting Student Financial Assistance Cluster, Assistance Listing Number 84.268 Federal Direct Student Loans, Assistance Listing Number 84.063 Federal Grant Program U.S. Department of Education Program Year 2023-2024 Type of Finding: Other Instance of Noncompliance and Significant Deficiency Criteria: Management is responsible for compliance with Special Tests and Provisions – Enrollment Reporting procedures in accordance with the Uniform Guidance. (34 CFR 690.93(b)(2); 34 CFR 682.610; 34 CFR 685.309) Condition: Federal regulations provide that the University is responsible for notifying the National Student Loan Data System (NSLDS) of enrollment change. NSLDS was not notified, and the University’s internal control system did not prevent or detect that the NSLDS was not notified of change. Questioned Costs: None Context: Out of a population of 661 students with enrollment changes, a sample of 25 students were selected for testing. 2 out of the 25 enrollment changes did not get reported to NSLDS. Our sampling method was not, and was not intended to be statically valid. Effect: The failure to report enrollment changes to NSLDS may result in inaccurate or delayed updates to student loan records. Cause: The University’s processes did not ensure that enrollment status changes were completed accurately and timely to NSLDS. Repeat Finding: No Recommendation: We recommend the University evaluate controls around monitoring enrollment reporting, ensuring NSLDS receives notification of enrollment changes. Views of Responsible Officials: Management concurs with the finding and recommendation. See further information on the corrective action plan provided by management.
Special Tests and Provisions – Return of Title IV Funds Student Financial Assistance Cluster, Assistance Listing Number 84.268 Federal Direct Student Loans, Assistance Listing Number 84.063 Federal Grant Program U.S. Department of Education (ED) Program Year 2023-2024 Type of Finding: Other Instance of Noncompliance and Deficiency Criteria: Management is responsible for compliance with Special Tests and Provisions – Return of Title IV Funds procedures in accordance with the Uniform Guidance. (34 CFR 668.22) Condition: Federal regulations provide that the University is responsible for returning funds to ED and student accounts within 45 days of the University becoming aware the student has withdrawn, or within 30 days for students that never began attendance. The University’s internal control system did not prevent a late disbursement of return of funds. Questioned Costs: None Context: Out of a population of 78 withdrawn students requiring return of Title IV funds, a sample of eight withdrawn students were selected for testing. One out of the eight returns were not returned to ED or the student within the 45-day period. Our sampling method was not, and was not intended to be statically valid. Effect: The University may not be able to timely detect when return of funds are required for students who withdrew. This could result in late disbursements to ED and the student accounts for Direct Loan and Pell recipients. Cause: The University’s processes did not ensure return of Title IV funds were completed timely. Repeat Finding: No Recommendation: We recommend the University evaluate controls around monitoring return of Title IV funds to determine changes, either on the electronic processes or review processes that should be made to properly capture return of Title IV funds on a timely basis. Views of Responsible Officials: Management concurs with the finding and recommendation. See further information on the corrective action plan provided by management.
Special Tests and Provisions – Return of Title IV Funds Student Financial Assistance Cluster, Assistance Listing Number 84.268 Federal Direct Student Loans, Assistance Listing Number 84.063 Federal Grant Program U.S. Department of Education (ED) Program Year 2023-2024 Type of Finding: Other Instance of Noncompliance and Deficiency Criteria: Management is responsible for compliance with Special Tests and Provisions – Return of Title IV Funds procedures in accordance with the Uniform Guidance. (34 CFR 668.22) Condition: Federal regulations provide that the University is responsible for returning funds to ED and student accounts within 45 days of the University becoming aware the student has withdrawn, or within 30 days for students that never began attendance. The University’s internal control system did not prevent a late disbursement of return of funds. Questioned Costs: None Context: Out of a population of 78 withdrawn students requiring return of Title IV funds, a sample of eight withdrawn students were selected for testing. One out of the eight returns were not returned to ED or the student within the 45-day period. Our sampling method was not, and was not intended to be statically valid. Effect: The University may not be able to timely detect when return of funds are required for students who withdrew. This could result in late disbursements to ED and the student accounts for Direct Loan and Pell recipients. Cause: The University’s processes did not ensure return of Title IV funds were completed timely. Repeat Finding: No Recommendation: We recommend the University evaluate controls around monitoring return of Title IV funds to determine changes, either on the electronic processes or review processes that should be made to properly capture return of Title IV funds on a timely basis. Views of Responsible Officials: Management concurs with the finding and recommendation. See further information on the corrective action plan provided by management.
Special Tests and Provisions – Enrollment Reporting Student Financial Assistance Cluster, Assistance Listing Number 84.268 Federal Direct Student Loans, Assistance Listing Number 84.063 Federal Grant Program U.S. Department of Education Program Year 2023-2024 Type of Finding: Other Instance of Noncompliance and Significant Deficiency Criteria: Management is responsible for compliance with Special Tests and Provisions – Enrollment Reporting procedures in accordance with the Uniform Guidance. (34 CFR 690.93(b)(2); 34 CFR 682.610; 34 CFR 685.309) Condition: Federal regulations provide that the University is responsible for notifying the National Student Loan Data System (NSLDS) of enrollment change. NSLDS was not notified, and the University’s internal control system did not prevent or detect that the NSLDS was not notified of change. Questioned Costs: None Context: Out of a population of 661 students with enrollment changes, a sample of 25 students were selected for testing. 2 out of the 25 enrollment changes did not get reported to NSLDS. Our sampling method was not, and was not intended to be statically valid. Effect: The failure to report enrollment changes to NSLDS may result in inaccurate or delayed updates to student loan records. Cause: The University’s processes did not ensure that enrollment status changes were completed accurately and timely to NSLDS. Repeat Finding: No Recommendation: We recommend the University evaluate controls around monitoring enrollment reporting, ensuring NSLDS receives notification of enrollment changes. Views of Responsible Officials: Management concurs with the finding and recommendation. See further information on the corrective action plan provided by management.
Special Tests and Provisions – Enrollment Reporting Student Financial Assistance Cluster, Assistance Listing Number 84.268 Federal Direct Student Loans, Assistance Listing Number 84.063 Federal Grant Program U.S. Department of Education Program Year 2023-2024 Type of Finding: Other Instance of Noncompliance and Significant Deficiency Criteria: Management is responsible for compliance with Special Tests and Provisions – Enrollment Reporting procedures in accordance with the Uniform Guidance. (34 CFR 690.93(b)(2); 34 CFR 682.610; 34 CFR 685.309) Condition: Federal regulations provide that the University is responsible for notifying the National Student Loan Data System (NSLDS) of enrollment change. NSLDS was not notified, and the University’s internal control system did not prevent or detect that the NSLDS was not notified of change. Questioned Costs: None Context: Out of a population of 661 students with enrollment changes, a sample of 25 students were selected for testing. 2 out of the 25 enrollment changes did not get reported to NSLDS. Our sampling method was not, and was not intended to be statically valid. Effect: The failure to report enrollment changes to NSLDS may result in inaccurate or delayed updates to student loan records. Cause: The University’s processes did not ensure that enrollment status changes were completed accurately and timely to NSLDS. Repeat Finding: No Recommendation: We recommend the University evaluate controls around monitoring enrollment reporting, ensuring NSLDS receives notification of enrollment changes. Views of Responsible Officials: Management concurs with the finding and recommendation. See further information on the corrective action plan provided by management.
Special Tests and Provisions – Return of Title IV Funds Student Financial Assistance Cluster, Assistance Listing Number 84.268 Federal Direct Student Loans, Assistance Listing Number 84.063 Federal Grant Program U.S. Department of Education (ED) Program Year 2023-2024 Type of Finding: Other Instance of Noncompliance and Deficiency Criteria: Management is responsible for compliance with Special Tests and Provisions – Return of Title IV Funds procedures in accordance with the Uniform Guidance. (34 CFR 668.22) Condition: Federal regulations provide that the University is responsible for returning funds to ED and student accounts within 45 days of the University becoming aware the student has withdrawn, or within 30 days for students that never began attendance. The University’s internal control system did not prevent a late disbursement of return of funds. Questioned Costs: None Context: Out of a population of 78 withdrawn students requiring return of Title IV funds, a sample of eight withdrawn students were selected for testing. One out of the eight returns were not returned to ED or the student within the 45-day period. Our sampling method was not, and was not intended to be statically valid. Effect: The University may not be able to timely detect when return of funds are required for students who withdrew. This could result in late disbursements to ED and the student accounts for Direct Loan and Pell recipients. Cause: The University’s processes did not ensure return of Title IV funds were completed timely. Repeat Finding: No Recommendation: We recommend the University evaluate controls around monitoring return of Title IV funds to determine changes, either on the electronic processes or review processes that should be made to properly capture return of Title IV funds on a timely basis. Views of Responsible Officials: Management concurs with the finding and recommendation. See further information on the corrective action plan provided by management.
Special Tests and Provisions – Return of Title IV Funds Student Financial Assistance Cluster, Assistance Listing Number 84.268 Federal Direct Student Loans, Assistance Listing Number 84.063 Federal Grant Program U.S. Department of Education (ED) Program Year 2023-2024 Type of Finding: Other Instance of Noncompliance and Deficiency Criteria: Management is responsible for compliance with Special Tests and Provisions – Return of Title IV Funds procedures in accordance with the Uniform Guidance. (34 CFR 668.22) Condition: Federal regulations provide that the University is responsible for returning funds to ED and student accounts within 45 days of the University becoming aware the student has withdrawn, or within 30 days for students that never began attendance. The University’s internal control system did not prevent a late disbursement of return of funds. Questioned Costs: None Context: Out of a population of 78 withdrawn students requiring return of Title IV funds, a sample of eight withdrawn students were selected for testing. One out of the eight returns were not returned to ED or the student within the 45-day period. Our sampling method was not, and was not intended to be statically valid. Effect: The University may not be able to timely detect when return of funds are required for students who withdrew. This could result in late disbursements to ED and the student accounts for Direct Loan and Pell recipients. Cause: The University’s processes did not ensure return of Title IV funds were completed timely. Repeat Finding: No Recommendation: We recommend the University evaluate controls around monitoring return of Title IV funds to determine changes, either on the electronic processes or review processes that should be made to properly capture return of Title IV funds on a timely basis. Views of Responsible Officials: Management concurs with the finding and recommendation. See further information on the corrective action plan provided by management.