Audit 347939

2024-004. Enrollment Reporting AL#: 84.033, 84.007, 84.063 Student Financial Aid Cluster Award Year: 2024 Criteria: Title IV requires institutions to complete and report within a minimum of 60 days student status changes to the National Student Loan Data System (NSLDS). Condition and cause: During the fiscal year 2024, the College failed to timely report student status changes to the NSLDS in 3 out of a total of 60 instances within the required timeframe. Context: We addressed the matter with the College management who are aware of the enrollment reporting requirements to the National Student Loan Data System. Effect: Failure to properly review and adhere to policies and procedures can lead to noncompliance and the misappropriation of federal funds that are not detected during the normal course of business. Recommendation: We recommend the College review and update its policies and procedures to ensure all enrollment status changes are reviewed and submitted in a timely manner in accordance with federal requirements. View of Management and Planned Corrective Action: We concur with the finding. The College is in the process of implementing controls and procedures to ensure that all student enrollment status changes are reviewed and submitted in accordance with applicable compliance requirements.

2024-004. Enrollment Reporting AL#: 84.033, 84.007, 84.063 Student Financial Aid Cluster Award Year: 2024 Criteria: Title IV requires institutions to complete and report within a minimum of 60 days student status changes to the National Student Loan Data System (NSLDS). Condition and cause: During the fiscal year 2024, the College failed to timely report student status changes to the NSLDS in 3 out of a total of 60 instances within the required timeframe. Context: We addressed the matter with the College management who are aware of the enrollment reporting requirements to the National Student Loan Data System. Effect: Failure to properly review and adhere to policies and procedures can lead to noncompliance and the misappropriation of federal funds that are not detected during the normal course of business. Recommendation: We recommend the College review and update its policies and procedures to ensure all enrollment status changes are reviewed and submitted in a timely manner in accordance with federal requirements. View of Management and Planned Corrective Action: We concur with the finding. The College is in the process of implementing controls and procedures to ensure that all student enrollment status changes are reviewed and submitted in accordance with applicable compliance requirements.

2024-004. Enrollment Reporting AL#: 84.033, 84.007, 84.063 Student Financial Aid Cluster Award Year: 2024 Criteria: Title IV requires institutions to complete and report within a minimum of 60 days student status changes to the National Student Loan Data System (NSLDS). Condition and cause: During the fiscal year 2024, the College failed to timely report student status changes to the NSLDS in 3 out of a total of 60 instances within the required timeframe. Context: We addressed the matter with the College management who are aware of the enrollment reporting requirements to the National Student Loan Data System. Effect: Failure to properly review and adhere to policies and procedures can lead to noncompliance and the misappropriation of federal funds that are not detected during the normal course of business. Recommendation: We recommend the College review and update its policies and procedures to ensure all enrollment status changes are reviewed and submitted in a timely manner in accordance with federal requirements. View of Management and Planned Corrective Action: We concur with the finding. The College is in the process of implementing controls and procedures to ensure that all student enrollment status changes are reviewed and submitted in accordance with applicable compliance requirements.

2024-004. Enrollment Reporting AL#: 84.033, 84.007, 84.063 Student Financial Aid Cluster Award Year: 2024 Criteria: Title IV requires institutions to complete and report within a minimum of 60 days student status changes to the National Student Loan Data System (NSLDS). Condition and cause: During the fiscal year 2024, the College failed to timely report student status changes to the NSLDS in 3 out of a total of 60 instances within the required timeframe. Context: We addressed the matter with the College management who are aware of the enrollment reporting requirements to the National Student Loan Data System. Effect: Failure to properly review and adhere to policies and procedures can lead to noncompliance and the misappropriation of federal funds that are not detected during the normal course of business. Recommendation: We recommend the College review and update its policies and procedures to ensure all enrollment status changes are reviewed and submitted in a timely manner in accordance with federal requirements. View of Management and Planned Corrective Action: We concur with the finding. The College is in the process of implementing controls and procedures to ensure that all student enrollment status changes are reviewed and submitted in accordance with applicable compliance requirements.

2024-004. Enrollment Reporting AL#: 84.033, 84.007, 84.063 Student Financial Aid Cluster Award Year: 2024 Criteria: Title IV requires institutions to complete and report within a minimum of 60 days student status changes to the National Student Loan Data System (NSLDS). Condition and cause: During the fiscal year 2024, the College failed to timely report student status changes to the NSLDS in 3 out of a total of 60 instances within the required timeframe. Context: We addressed the matter with the College management who are aware of the enrollment reporting requirements to the National Student Loan Data System. Effect: Failure to properly review and adhere to policies and procedures can lead to noncompliance and the misappropriation of federal funds that are not detected during the normal course of business. Recommendation: We recommend the College review and update its policies and procedures to ensure all enrollment status changes are reviewed and submitted in a timely manner in accordance with federal requirements. View of Management and Planned Corrective Action: We concur with the finding. The College is in the process of implementing controls and procedures to ensure that all student enrollment status changes are reviewed and submitted in accordance with applicable compliance requirements.

2024-004. Enrollment Reporting AL#: 84.033, 84.007, 84.063 Student Financial Aid Cluster Award Year: 2024 Criteria: Title IV requires institutions to complete and report within a minimum of 60 days student status changes to the National Student Loan Data System (NSLDS). Condition and cause: During the fiscal year 2024, the College failed to timely report student status changes to the NSLDS in 3 out of a total of 60 instances within the required timeframe. Context: We addressed the matter with the College management who are aware of the enrollment reporting requirements to the National Student Loan Data System. Effect: Failure to properly review and adhere to policies and procedures can lead to noncompliance and the misappropriation of federal funds that are not detected during the normal course of business. Recommendation: We recommend the College review and update its policies and procedures to ensure all enrollment status changes are reviewed and submitted in a timely manner in accordance with federal requirements. View of Management and Planned Corrective Action: We concur with the finding. The College is in the process of implementing controls and procedures to ensure that all student enrollment status changes are reviewed and submitted in accordance with applicable compliance requirements.