Audit 345360

FY End
2024-06-30
Total Expended
$81.60M
Findings
32
Programs
28
Organization: Ferris State University (MI)
Year: 2024 Accepted: 2025-03-10

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
526409 2024-001 Significant Deficiency - N
526410 2024-002 Significant Deficiency - N
526411 2024-001 Significant Deficiency - N
526412 2024-002 Significant Deficiency - N
526413 2024-001 Significant Deficiency - N
526414 2024-002 Significant Deficiency - N
526415 2024-001 Significant Deficiency - N
526416 2024-002 Significant Deficiency - N
526417 2024-001 Significant Deficiency - N
526418 2024-002 Significant Deficiency - N
526419 2024-001 Significant Deficiency - N
526420 2024-002 Significant Deficiency - N
526421 2024-001 Significant Deficiency - N
526422 2024-002 Significant Deficiency - N
526423 2024-001 Significant Deficiency - N
526424 2024-002 Significant Deficiency - N
1102851 2024-001 Significant Deficiency - N
1102852 2024-002 Significant Deficiency - N
1102853 2024-001 Significant Deficiency - N
1102854 2024-002 Significant Deficiency - N
1102855 2024-001 Significant Deficiency - N
1102856 2024-002 Significant Deficiency - N
1102857 2024-001 Significant Deficiency - N
1102858 2024-002 Significant Deficiency - N
1102859 2024-001 Significant Deficiency - N
1102860 2024-002 Significant Deficiency - N
1102861 2024-001 Significant Deficiency - N
1102862 2024-002 Significant Deficiency - N
1102863 2024-001 Significant Deficiency - N
1102864 2024-002 Significant Deficiency - N
1102865 2024-001 Significant Deficiency - N
1102866 2024-002 Significant Deficiency - N

Programs

ALN Program Spent Major Findings
84.063 Federal Pell Grant Program $18.51M Yes 2
84.268 Federal Direct Student Loans $6.95M Yes 2
84.038 Federal Perkins Loan Program_federal Capital Contributions $4.32M Yes 0
93.342 Health Professions Student Loans, Including Primary Care Loans and Loans for Disadvantaged Students $1.49M Yes 0
11.469 Congressionally Identified Awards and Projects $1.00M Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $897,542 Yes 0
84.033 Federal Work-Study Program $707,675 Yes 0
93.323 Epidemiology and Laboratory Capacity for Infectious Diseases (elc) $545,452 - 0
84.335 Child Care Access Means Parents in School $331,240 - 0
93.912 Rural Health Care Services Outreach, Rural Health Network Development and Small Health Care Provider Quality Improvement $251,899 - 0
10.855 Distance Learning and Telemedicine Loans and Grants $200,542 - 0
93.211 Telehealth Programs $109,191 - 0
12.902 Information Security Grants $109,166 - 0
93.674 John H. Chafee Foster Care Program for Successful Transition to Adulthood $71,822 - 0
47.049 Mathematical and Physical Sciences $63,061 - 0
93.323 Covid-19 - Epidemiology and Laboratory Capacity for Infectious Diseases (elc) $62,204 - 0
93.395 Cancer Treatment Research $61,743 - 0
16.525 Grants to Reduce Domestic Violence, Dating Violence, Sexual Assault, and Stalking on Campus $55,955 - 0
47.041 Engineering $34,823 - 0
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $25,105 Yes 0
10.558 Child and Adult Care Food Program $17,284 - 0
84.334 Gaining Early Awareness and Readiness for Undergraduate Programs $8,757 - 0
84.048 Career and Technical Education -- Basic Grants to States $7,404 - 0
93.364 Nursing Student Loans $3,534 Yes 0
93.867 Vision Research $3,142 - 0
47.076 Stem Education (formerly Education and Human Resources) $2,894 - 0
93.575 Child Care and Development Block Grant $2,053 - 0
45.309 Museum Grants for African American History and Culture $1,039 - 0

Contacts

Name Title Type
F7EQFJDU4495 Cassie Tennant Auditee
2315913888 Brian Greko Auditor
No contacts on file

Notes to SEFA

Title: Loan Balances Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of Ferris State University (the “University”) under programs of the federal government for the year ended June 30, 2024. The information in the 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 (the “Uniform Guidance”). Because the Schedule presents only a selected portion of the operations of the University, it is not intended to and does not present the financial position, changes in net position, or cash flows of the University. Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The pass through entity identifying numbers are presented where available. The University has elected not to use the 10 percent de minimis indirect cost rate to recover indirect costs, as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The University has elected not to use the 10 percent de minimis indirect cost rate to recover indirect costs, as allowed under the Uniform Guidance. Loans outstanding at the beginning of the year and loans made during the year are included in the federal expenditures presented in the schedule of expenditures of federal awards. The balances of loans outstanding at June 30, 2024 consist of the following: See the Notes to the SEFA for table.

Finding Details

Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster - Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - None Finding Type - Significant deficiency and material noncompliance with laws and regulations Repeat Finding - No Criteria - Changes in the student's status are required to be reported to the National Student Loan Data System (NSLDS) accurately (Pell, 34 CFR Section 690.83(b); Direct Loan, 34 CFR Section 685.309 Condition - The University did not report certain students' status to the NSLDS in an accurate manner during the fiscal year. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there were 5 students who graduated or withdrew and were not reported accurately to NSLDS. Cause and Effect -The University did not have a control in place to ensure all subsequent of term enrollment changes are reported accurately to the NSLDS. As a result, certain students with enrollment changes made subsequent of term were not reported to the NSLDS in an accurate manner. Recommendation - The University should implement controls to ensure student status changes are reported accurately to the NSLDS. These controls should include a thorough review of enrollment rosters prior to reporting to the NSLDS. Views of Responsible Officials and Corrective Action Plan - Financial aid identified all the students who were not reported accurately to NSLDS. The University has also put a control in place to ensure that all subsequent of term enrollment changes are reported accurately and timely
Assistance Listing Number, Federal Agency, and Program Name - Student Financial Assistance Cluster Federal Direct Student Loan Program ALN 84.268 and Federal Pell Grants ALN 84.063 Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - No Criteria - If a recipient of Title IV grant or loan funds withdraws from a school after beginning attendance but before he or she has attended 60 percent of the scheduled length of the semester, the school must perform a return of Title IV funds (R2T4) calculation. If the amount disbursed to the student is greater than the amount the student earned, the unearned funds must be returned. A school must return unearned funds for which it is responsible no later than 45 days from the determination of a student's withdrawal (30 days if never attended) (34 CFR 668.22(j)(1)). Condition - The University did not return unearned funds timely. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Of the 40 students tested, there was 1 student identified for who the University had returned funds untimely (45 days if student attended, 30 days if never attended). Cause and Effect - The University did not have a control in place to ensure all returns of Title IV refunds are initiated timely. As a result, a certain student Title IV refund calculation was not completed in a timely manner. Recommendation - The University should implement controls to ensure returns of Title IV refunds are initiated timely. Views of Responsible Officials and Planned Corrective Actions - The University resolved immediately upon identification. The University checked all students and found no other student affected. The error was an isolated incident that led to the University modifiying its controls for accurate reporting going forward.