Audit 351337

FY End
2024-06-30
Total Expended
$8.90M
Findings
8
Programs
29
Organization: Santa Fe Community College (NM)
Year: 2024 Accepted: 2025-03-31

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
546957 2024-001 - - CELN
546958 2024-001 - - CELN
546959 2024-001 - - CELN
546960 2024-001 - - CELN
1123399 2024-001 - - CELN
1123400 2024-001 - - CELN
1123401 2024-001 - - CELN
1123402 2024-001 - - CELN

Programs

ALN Program Spent Major Findings
84.063 Federal Pell Grant Program $2.67M Yes 1
84.031 Higher Education Institutional Aid $838,365 Yes 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $479,973 - 0
84.007 Federal Supplemental Educational Opportunity Grants $470,021 Yes 1
84.033 Federal Work-Study Program $439,792 Yes 1
84.002 Adult Education - Basic Grants to States $371,524 - 0
84.268 Federal Direct Student Loans $360,886 Yes 1
84.042 Trio Student Support Services $259,498 - 0
00.000 Brnr $226,476 - 0
93.558 Temporary Assistance for Needy Families $195,654 - 0
64.204 Veterans Legacy Grants Program $173,345 - 0
12.002 Procurement Technical Assistance for Business Firms $163,720 - 0
11.307 Economic Adjustment Assistance $112,880 - 0
84.048 Career and Technical Education -- Basic Grants to States $109,595 - 0
10.558 Child and Adult Care Food Program $85,217 - 0
61.131 Lanl Precision MacHining Tech $60,708 - 0
59.059 Congressional Grants $46,606 - 0
59.037 Small Business Development Centers $43,460 - 0
81.252 Legally-Directed Academic Programs, Workforce Development and Community Support $33,964 - 0
47.083 Integrative Activities $29,546 - 0
66.815 Brownfields Job Training Cooperative Agreements $23,769 - 0
10.500 Cooperative Extension Service $10,433 - 0
10.223 Hispanic Serving Institutions Education Grants $4,792 - 0
10.227 1994 Institutions Research Grants $4,614 - 0
00.000 Algae Prize 2023-2025 $1,912 - 0
00.000 Veteran Reporting Fees $1,331 - 0
11.300 Investments for Public Works and Economic Development Facilities $675 - 0
47.076 Stem Education (formerly Education and Human Resources) $500 - 0
84.425 Education Stabilization Fund $-600 - 0

Contacts

Name Title Type
GB3JMTLL4MS8 Nick Telles Auditee
5054281161 Chris Garner Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The College has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The College has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of the College 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 College, it is not intended to and does not present the financial position, changes in net position, or cash flows of the College.
Title: Summary of Significant Accounting Policies Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The College has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The College has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The College has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Non-Cash Assistance Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The College has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The College has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The College expended no federal awards in the form of non-cash assistance for the year ended June 30, 2024. Reconcilation of Schedule of Expenditures of Federal Awards to Statement of Revenue, Expenses and Changes in Net Position:

Finding Details

2024-001 Compliance Requirements Over Reporting-Fiscal Operations Report and Application to Participate (FISAP) (Other Non-Compliance) Federal Agency: Department of Education Federal Program: Student Financial Assistance Cluster Assistance Listing Nos: 84.007 - Federal Supplemental Educational Opportunity Grants 84.033 - Federal Work-Study Program 84.063 - Federal Pell Grant Program 84.268 - Federal District Student Loans Award Period: July 1, 2023 to June 30, 2024 Condition: College submitted FISAP with inaccurate information. PB&H noted that in Section A of Part IV, there were several items that were errantly reported. Total FSEOG recipients who were "Automatic" Zero ERFC studens was reported as 64 while actual number was 65. Total FWS recipients who were less-than-full-time students was reported as 1 while actual number was 6. Total FWS funds distributed to less-than-full-time students was reported as $5,239 while actual amount was $27,856. Total FWS recipients who were "Automatic" Zero EFC students was reported as 4 while actual number was 10. Total FWS funds distributed to "Atuomatic" Zero EFC students was reported as $10,375 while actual amount was $43,233. total unduplicated recipients who were less-than-full-time students was reported as 59 while actual number was63. Total unduplicated recipients who were "Automatic" Zero EFC students was reported as 68 while actual number was 72. Criteria: By October 1st of each year (or the date established by a Federal Register announcement), an institution must electronically submit its FISAP via the COD website. The Fiscal Operations Report will cover the most recently completed award year (award years run from July 1 to June 30) and the Application to Participate is for the award year subsequent to the current award year. Effect: The College is reporting inaccurate information that could affect future funding. Cause: When the College entered the information form their final draft of supporting documentation into the FISAP, some fields were missed and the values from a previous draft of the supporting documentation were not updated. These incorrect values were not identified upon review of the report prior to submission. Auditor's Recommendation: We recommend the College review the FISAP requirements and implement additional review procedures to ensure the amounts reported in the FISAP are accurate and agree to supporting documents. Management Response: Management concurs with this finding. Preliminary FISAP data was ented into the Campus Based System (CBS) in order to perform built-in validation checks in CBS. The erroneous data was based on a Banner-gernated FISAP reported dated 8/21/2024. The final FISAP data was entered using a Banner report generated 09/26/2024 but the fields reference within the finding were not enterd when finalizing the data. Institutions are allowed to make corrections to the FISAP until December 15th each calendar year. Once identified, the corrections were submitted on 10/24/2024. Responsible Party: Financial Aid Director Timeline for Corrective Action: Immediate. The corrected FISAP was submitted 10/24/2024. Future submissions (next due September 30th 2025) will include supplemental review of FISAP data by the Assistant Financial Aid Director or another qualified party to ensure data entry errors are identified before final submission.
2024-001 Compliance Requirements Over Reporting-Fiscal Operations Report and Application to Participate (FISAP) (Other Non-Compliance) Federal Agency: Department of Education Federal Program: Student Financial Assistance Cluster Assistance Listing Nos: 84.007 - Federal Supplemental Educational Opportunity Grants 84.033 - Federal Work-Study Program 84.063 - Federal Pell Grant Program 84.268 - Federal District Student Loans Award Period: July 1, 2023 to June 30, 2024 Condition: College submitted FISAP with inaccurate information. PB&H noted that in Section A of Part IV, there were several items that were errantly reported. Total FSEOG recipients who were "Automatic" Zero ERFC studens was reported as 64 while actual number was 65. Total FWS recipients who were less-than-full-time students was reported as 1 while actual number was 6. Total FWS funds distributed to less-than-full-time students was reported as $5,239 while actual amount was $27,856. Total FWS recipients who were "Automatic" Zero EFC students was reported as 4 while actual number was 10. Total FWS funds distributed to "Atuomatic" Zero EFC students was reported as $10,375 while actual amount was $43,233. total unduplicated recipients who were less-than-full-time students was reported as 59 while actual number was63. Total unduplicated recipients who were "Automatic" Zero EFC students was reported as 68 while actual number was 72. Criteria: By October 1st of each year (or the date established by a Federal Register announcement), an institution must electronically submit its FISAP via the COD website. The Fiscal Operations Report will cover the most recently completed award year (award years run from July 1 to June 30) and the Application to Participate is for the award year subsequent to the current award year. Effect: The College is reporting inaccurate information that could affect future funding. Cause: When the College entered the information form their final draft of supporting documentation into the FISAP, some fields were missed and the values from a previous draft of the supporting documentation were not updated. These incorrect values were not identified upon review of the report prior to submission. Auditor's Recommendation: We recommend the College review the FISAP requirements and implement additional review procedures to ensure the amounts reported in the FISAP are accurate and agree to supporting documents. Management Response: Management concurs with this finding. Preliminary FISAP data was ented into the Campus Based System (CBS) in order to perform built-in validation checks in CBS. The erroneous data was based on a Banner-gernated FISAP reported dated 8/21/2024. The final FISAP data was entered using a Banner report generated 09/26/2024 but the fields reference within the finding were not enterd when finalizing the data. Institutions are allowed to make corrections to the FISAP until December 15th each calendar year. Once identified, the corrections were submitted on 10/24/2024. Responsible Party: Financial Aid Director Timeline for Corrective Action: Immediate. The corrected FISAP was submitted 10/24/2024. Future submissions (next due September 30th 2025) will include supplemental review of FISAP data by the Assistant Financial Aid Director or another qualified party to ensure data entry errors are identified before final submission.
2024-001 Compliance Requirements Over Reporting-Fiscal Operations Report and Application to Participate (FISAP) (Other Non-Compliance) Federal Agency: Department of Education Federal Program: Student Financial Assistance Cluster Assistance Listing Nos: 84.007 - Federal Supplemental Educational Opportunity Grants 84.033 - Federal Work-Study Program 84.063 - Federal Pell Grant Program 84.268 - Federal District Student Loans Award Period: July 1, 2023 to June 30, 2024 Condition: College submitted FISAP with inaccurate information. PB&H noted that in Section A of Part IV, there were several items that were errantly reported. Total FSEOG recipients who were "Automatic" Zero ERFC studens was reported as 64 while actual number was 65. Total FWS recipients who were less-than-full-time students was reported as 1 while actual number was 6. Total FWS funds distributed to less-than-full-time students was reported as $5,239 while actual amount was $27,856. Total FWS recipients who were "Automatic" Zero EFC students was reported as 4 while actual number was 10. Total FWS funds distributed to "Atuomatic" Zero EFC students was reported as $10,375 while actual amount was $43,233. total unduplicated recipients who were less-than-full-time students was reported as 59 while actual number was63. Total unduplicated recipients who were "Automatic" Zero EFC students was reported as 68 while actual number was 72. Criteria: By October 1st of each year (or the date established by a Federal Register announcement), an institution must electronically submit its FISAP via the COD website. The Fiscal Operations Report will cover the most recently completed award year (award years run from July 1 to June 30) and the Application to Participate is for the award year subsequent to the current award year. Effect: The College is reporting inaccurate information that could affect future funding. Cause: When the College entered the information form their final draft of supporting documentation into the FISAP, some fields were missed and the values from a previous draft of the supporting documentation were not updated. These incorrect values were not identified upon review of the report prior to submission. Auditor's Recommendation: We recommend the College review the FISAP requirements and implement additional review procedures to ensure the amounts reported in the FISAP are accurate and agree to supporting documents. Management Response: Management concurs with this finding. Preliminary FISAP data was ented into the Campus Based System (CBS) in order to perform built-in validation checks in CBS. The erroneous data was based on a Banner-gernated FISAP reported dated 8/21/2024. The final FISAP data was entered using a Banner report generated 09/26/2024 but the fields reference within the finding were not enterd when finalizing the data. Institutions are allowed to make corrections to the FISAP until December 15th each calendar year. Once identified, the corrections were submitted on 10/24/2024. Responsible Party: Financial Aid Director Timeline for Corrective Action: Immediate. The corrected FISAP was submitted 10/24/2024. Future submissions (next due September 30th 2025) will include supplemental review of FISAP data by the Assistant Financial Aid Director or another qualified party to ensure data entry errors are identified before final submission.
2024-001 Compliance Requirements Over Reporting-Fiscal Operations Report and Application to Participate (FISAP) (Other Non-Compliance) Federal Agency: Department of Education Federal Program: Student Financial Assistance Cluster Assistance Listing Nos: 84.007 - Federal Supplemental Educational Opportunity Grants 84.033 - Federal Work-Study Program 84.063 - Federal Pell Grant Program 84.268 - Federal District Student Loans Award Period: July 1, 2023 to June 30, 2024 Condition: College submitted FISAP with inaccurate information. PB&H noted that in Section A of Part IV, there were several items that were errantly reported. Total FSEOG recipients who were "Automatic" Zero ERFC studens was reported as 64 while actual number was 65. Total FWS recipients who were less-than-full-time students was reported as 1 while actual number was 6. Total FWS funds distributed to less-than-full-time students was reported as $5,239 while actual amount was $27,856. Total FWS recipients who were "Automatic" Zero EFC students was reported as 4 while actual number was 10. Total FWS funds distributed to "Atuomatic" Zero EFC students was reported as $10,375 while actual amount was $43,233. total unduplicated recipients who were less-than-full-time students was reported as 59 while actual number was63. Total unduplicated recipients who were "Automatic" Zero EFC students was reported as 68 while actual number was 72. Criteria: By October 1st of each year (or the date established by a Federal Register announcement), an institution must electronically submit its FISAP via the COD website. The Fiscal Operations Report will cover the most recently completed award year (award years run from July 1 to June 30) and the Application to Participate is for the award year subsequent to the current award year. Effect: The College is reporting inaccurate information that could affect future funding. Cause: When the College entered the information form their final draft of supporting documentation into the FISAP, some fields were missed and the values from a previous draft of the supporting documentation were not updated. These incorrect values were not identified upon review of the report prior to submission. Auditor's Recommendation: We recommend the College review the FISAP requirements and implement additional review procedures to ensure the amounts reported in the FISAP are accurate and agree to supporting documents. Management Response: Management concurs with this finding. Preliminary FISAP data was ented into the Campus Based System (CBS) in order to perform built-in validation checks in CBS. The erroneous data was based on a Banner-gernated FISAP reported dated 8/21/2024. The final FISAP data was entered using a Banner report generated 09/26/2024 but the fields reference within the finding were not enterd when finalizing the data. Institutions are allowed to make corrections to the FISAP until December 15th each calendar year. Once identified, the corrections were submitted on 10/24/2024. Responsible Party: Financial Aid Director Timeline for Corrective Action: Immediate. The corrected FISAP was submitted 10/24/2024. Future submissions (next due September 30th 2025) will include supplemental review of FISAP data by the Assistant Financial Aid Director or another qualified party to ensure data entry errors are identified before final submission.
2024-001 Compliance Requirements Over Reporting-Fiscal Operations Report and Application to Participate (FISAP) (Other Non-Compliance) Federal Agency: Department of Education Federal Program: Student Financial Assistance Cluster Assistance Listing Nos: 84.007 - Federal Supplemental Educational Opportunity Grants 84.033 - Federal Work-Study Program 84.063 - Federal Pell Grant Program 84.268 - Federal District Student Loans Award Period: July 1, 2023 to June 30, 2024 Condition: College submitted FISAP with inaccurate information. PB&H noted that in Section A of Part IV, there were several items that were errantly reported. Total FSEOG recipients who were "Automatic" Zero ERFC studens was reported as 64 while actual number was 65. Total FWS recipients who were less-than-full-time students was reported as 1 while actual number was 6. Total FWS funds distributed to less-than-full-time students was reported as $5,239 while actual amount was $27,856. Total FWS recipients who were "Automatic" Zero EFC students was reported as 4 while actual number was 10. Total FWS funds distributed to "Atuomatic" Zero EFC students was reported as $10,375 while actual amount was $43,233. total unduplicated recipients who were less-than-full-time students was reported as 59 while actual number was63. Total unduplicated recipients who were "Automatic" Zero EFC students was reported as 68 while actual number was 72. Criteria: By October 1st of each year (or the date established by a Federal Register announcement), an institution must electronically submit its FISAP via the COD website. The Fiscal Operations Report will cover the most recently completed award year (award years run from July 1 to June 30) and the Application to Participate is for the award year subsequent to the current award year. Effect: The College is reporting inaccurate information that could affect future funding. Cause: When the College entered the information form their final draft of supporting documentation into the FISAP, some fields were missed and the values from a previous draft of the supporting documentation were not updated. These incorrect values were not identified upon review of the report prior to submission. Auditor's Recommendation: We recommend the College review the FISAP requirements and implement additional review procedures to ensure the amounts reported in the FISAP are accurate and agree to supporting documents. Management Response: Management concurs with this finding. Preliminary FISAP data was ented into the Campus Based System (CBS) in order to perform built-in validation checks in CBS. The erroneous data was based on a Banner-gernated FISAP reported dated 8/21/2024. The final FISAP data was entered using a Banner report generated 09/26/2024 but the fields reference within the finding were not enterd when finalizing the data. Institutions are allowed to make corrections to the FISAP until December 15th each calendar year. Once identified, the corrections were submitted on 10/24/2024. Responsible Party: Financial Aid Director Timeline for Corrective Action: Immediate. The corrected FISAP was submitted 10/24/2024. Future submissions (next due September 30th 2025) will include supplemental review of FISAP data by the Assistant Financial Aid Director or another qualified party to ensure data entry errors are identified before final submission.
2024-001 Compliance Requirements Over Reporting-Fiscal Operations Report and Application to Participate (FISAP) (Other Non-Compliance) Federal Agency: Department of Education Federal Program: Student Financial Assistance Cluster Assistance Listing Nos: 84.007 - Federal Supplemental Educational Opportunity Grants 84.033 - Federal Work-Study Program 84.063 - Federal Pell Grant Program 84.268 - Federal District Student Loans Award Period: July 1, 2023 to June 30, 2024 Condition: College submitted FISAP with inaccurate information. PB&H noted that in Section A of Part IV, there were several items that were errantly reported. Total FSEOG recipients who were "Automatic" Zero ERFC studens was reported as 64 while actual number was 65. Total FWS recipients who were less-than-full-time students was reported as 1 while actual number was 6. Total FWS funds distributed to less-than-full-time students was reported as $5,239 while actual amount was $27,856. Total FWS recipients who were "Automatic" Zero EFC students was reported as 4 while actual number was 10. Total FWS funds distributed to "Atuomatic" Zero EFC students was reported as $10,375 while actual amount was $43,233. total unduplicated recipients who were less-than-full-time students was reported as 59 while actual number was63. Total unduplicated recipients who were "Automatic" Zero EFC students was reported as 68 while actual number was 72. Criteria: By October 1st of each year (or the date established by a Federal Register announcement), an institution must electronically submit its FISAP via the COD website. The Fiscal Operations Report will cover the most recently completed award year (award years run from July 1 to June 30) and the Application to Participate is for the award year subsequent to the current award year. Effect: The College is reporting inaccurate information that could affect future funding. Cause: When the College entered the information form their final draft of supporting documentation into the FISAP, some fields were missed and the values from a previous draft of the supporting documentation were not updated. These incorrect values were not identified upon review of the report prior to submission. Auditor's Recommendation: We recommend the College review the FISAP requirements and implement additional review procedures to ensure the amounts reported in the FISAP are accurate and agree to supporting documents. Management Response: Management concurs with this finding. Preliminary FISAP data was ented into the Campus Based System (CBS) in order to perform built-in validation checks in CBS. The erroneous data was based on a Banner-gernated FISAP reported dated 8/21/2024. The final FISAP data was entered using a Banner report generated 09/26/2024 but the fields reference within the finding were not enterd when finalizing the data. Institutions are allowed to make corrections to the FISAP until December 15th each calendar year. Once identified, the corrections were submitted on 10/24/2024. Responsible Party: Financial Aid Director Timeline for Corrective Action: Immediate. The corrected FISAP was submitted 10/24/2024. Future submissions (next due September 30th 2025) will include supplemental review of FISAP data by the Assistant Financial Aid Director or another qualified party to ensure data entry errors are identified before final submission.
2024-001 Compliance Requirements Over Reporting-Fiscal Operations Report and Application to Participate (FISAP) (Other Non-Compliance) Federal Agency: Department of Education Federal Program: Student Financial Assistance Cluster Assistance Listing Nos: 84.007 - Federal Supplemental Educational Opportunity Grants 84.033 - Federal Work-Study Program 84.063 - Federal Pell Grant Program 84.268 - Federal District Student Loans Award Period: July 1, 2023 to June 30, 2024 Condition: College submitted FISAP with inaccurate information. PB&H noted that in Section A of Part IV, there were several items that were errantly reported. Total FSEOG recipients who were "Automatic" Zero ERFC studens was reported as 64 while actual number was 65. Total FWS recipients who were less-than-full-time students was reported as 1 while actual number was 6. Total FWS funds distributed to less-than-full-time students was reported as $5,239 while actual amount was $27,856. Total FWS recipients who were "Automatic" Zero EFC students was reported as 4 while actual number was 10. Total FWS funds distributed to "Atuomatic" Zero EFC students was reported as $10,375 while actual amount was $43,233. total unduplicated recipients who were less-than-full-time students was reported as 59 while actual number was63. Total unduplicated recipients who were "Automatic" Zero EFC students was reported as 68 while actual number was 72. Criteria: By October 1st of each year (or the date established by a Federal Register announcement), an institution must electronically submit its FISAP via the COD website. The Fiscal Operations Report will cover the most recently completed award year (award years run from July 1 to June 30) and the Application to Participate is for the award year subsequent to the current award year. Effect: The College is reporting inaccurate information that could affect future funding. Cause: When the College entered the information form their final draft of supporting documentation into the FISAP, some fields were missed and the values from a previous draft of the supporting documentation were not updated. These incorrect values were not identified upon review of the report prior to submission. Auditor's Recommendation: We recommend the College review the FISAP requirements and implement additional review procedures to ensure the amounts reported in the FISAP are accurate and agree to supporting documents. Management Response: Management concurs with this finding. Preliminary FISAP data was ented into the Campus Based System (CBS) in order to perform built-in validation checks in CBS. The erroneous data was based on a Banner-gernated FISAP reported dated 8/21/2024. The final FISAP data was entered using a Banner report generated 09/26/2024 but the fields reference within the finding were not enterd when finalizing the data. Institutions are allowed to make corrections to the FISAP until December 15th each calendar year. Once identified, the corrections were submitted on 10/24/2024. Responsible Party: Financial Aid Director Timeline for Corrective Action: Immediate. The corrected FISAP was submitted 10/24/2024. Future submissions (next due September 30th 2025) will include supplemental review of FISAP data by the Assistant Financial Aid Director or another qualified party to ensure data entry errors are identified before final submission.
2024-001 Compliance Requirements Over Reporting-Fiscal Operations Report and Application to Participate (FISAP) (Other Non-Compliance) Federal Agency: Department of Education Federal Program: Student Financial Assistance Cluster Assistance Listing Nos: 84.007 - Federal Supplemental Educational Opportunity Grants 84.033 - Federal Work-Study Program 84.063 - Federal Pell Grant Program 84.268 - Federal District Student Loans Award Period: July 1, 2023 to June 30, 2024 Condition: College submitted FISAP with inaccurate information. PB&H noted that in Section A of Part IV, there were several items that were errantly reported. Total FSEOG recipients who were "Automatic" Zero ERFC studens was reported as 64 while actual number was 65. Total FWS recipients who were less-than-full-time students was reported as 1 while actual number was 6. Total FWS funds distributed to less-than-full-time students was reported as $5,239 while actual amount was $27,856. Total FWS recipients who were "Automatic" Zero EFC students was reported as 4 while actual number was 10. Total FWS funds distributed to "Atuomatic" Zero EFC students was reported as $10,375 while actual amount was $43,233. total unduplicated recipients who were less-than-full-time students was reported as 59 while actual number was63. Total unduplicated recipients who were "Automatic" Zero EFC students was reported as 68 while actual number was 72. Criteria: By October 1st of each year (or the date established by a Federal Register announcement), an institution must electronically submit its FISAP via the COD website. The Fiscal Operations Report will cover the most recently completed award year (award years run from July 1 to June 30) and the Application to Participate is for the award year subsequent to the current award year. Effect: The College is reporting inaccurate information that could affect future funding. Cause: When the College entered the information form their final draft of supporting documentation into the FISAP, some fields were missed and the values from a previous draft of the supporting documentation were not updated. These incorrect values were not identified upon review of the report prior to submission. Auditor's Recommendation: We recommend the College review the FISAP requirements and implement additional review procedures to ensure the amounts reported in the FISAP are accurate and agree to supporting documents. Management Response: Management concurs with this finding. Preliminary FISAP data was ented into the Campus Based System (CBS) in order to perform built-in validation checks in CBS. The erroneous data was based on a Banner-gernated FISAP reported dated 8/21/2024. The final FISAP data was entered using a Banner report generated 09/26/2024 but the fields reference within the finding were not enterd when finalizing the data. Institutions are allowed to make corrections to the FISAP until December 15th each calendar year. Once identified, the corrections were submitted on 10/24/2024. Responsible Party: Financial Aid Director Timeline for Corrective Action: Immediate. The corrected FISAP was submitted 10/24/2024. Future submissions (next due September 30th 2025) will include supplemental review of FISAP data by the Assistant Financial Aid Director or another qualified party to ensure data entry errors are identified before final submission.