Audit 352339

Audit Finding Reference Number 2024-001 – Enrollment Reporting Federal Program and Specific Federal Award Identification CFDA Title and Number 84.268 Federal Direct Student Loan (Direct) Federal Award Year June 30, 2024 Federal Agencies U. S. Department of Education Pass-Through Entity Not applicable Criteria The May 2024 Compliance Supplement for the Student Financial Assistance Cluster, Title IV Regulations, compliance requirement N - Special Tests and Provisions, #6, Enrollment Reporting stipulated when a Direct Loan was made to or on behalf of a student who was enrolled or accepted for enrollment at the institution, and the student ceased to be enrolled on at least a half-time basis or failed to enroll on at least a half-time basis for the period for which the loan was intended; or a student who is enrolled at the institution and who received a loan under Title IV has changed his or her permanent address, the institution must report the change in its next updated Enrollment Reporting Roster file (due within 60 days of the change).   Conditions and Context I noted during my audit ten (10) students out of twenty-five (25) tested whose enrollment status was not reported or not reported within the prescribed sixty (60) days of the change. Cause It appears that the University was delayed in completing the enrollment submissions causing the enrollment status changes to be reported beyond the required sixty (60) days. Questioned Costs For the purposes of the condition, I do not have any questioned costs. Effect Noncompliance with federal regulations. The University did not report on the student’s status change timely. Repeat Finding No. Recommendation I recommend that the University adheres to the federal regulations by ensuring the students’ enrollment status is reported within the required sixty (60) day timeline. Management Response

Audit Finding Reference Number 2024-001 – Enrollment Reporting Federal Program and Specific Federal Award Identification CFDA Title and Number 84.268 Federal Direct Student Loan (Direct) Federal Award Year June 30, 2024 Federal Agencies U. S. Department of Education Pass-Through Entity Not applicable Criteria The May 2024 Compliance Supplement for the Student Financial Assistance Cluster, Title IV Regulations, compliance requirement N - Special Tests and Provisions, #6, Enrollment Reporting stipulated when a Direct Loan was made to or on behalf of a student who was enrolled or accepted for enrollment at the institution, and the student ceased to be enrolled on at least a half-time basis or failed to enroll on at least a half-time basis for the period for which the loan was intended; or a student who is enrolled at the institution and who received a loan under Title IV has changed his or her permanent address, the institution must report the change in its next updated Enrollment Reporting Roster file (due within 60 days of the change).   Conditions and Context I noted during my audit ten (10) students out of twenty-five (25) tested whose enrollment status was not reported or not reported within the prescribed sixty (60) days of the change. Cause It appears that the University was delayed in completing the enrollment submissions causing the enrollment status changes to be reported beyond the required sixty (60) days. Questioned Costs For the purposes of the condition, I do not have any questioned costs. Effect Noncompliance with federal regulations. The University did not report on the student’s status change timely. Repeat Finding No. Recommendation I recommend that the University adheres to the federal regulations by ensuring the students’ enrollment status is reported within the required sixty (60) day timeline. Management Response