Audit 356593

FY End
2024-12-31
Total Expended
$2.94M
Findings
8
Programs
6
Organization: Icohs College INC (CA)
Year: 2024 Accepted: 2025-05-19

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
560839 2024-001 Material Weakness - N
560840 2024-001 Material Weakness - N
560841 2024-002 Material Weakness - N
560842 2024-002 Material Weakness - N
1137281 2024-001 Material Weakness - N
1137282 2024-001 Material Weakness - N
1137283 2024-002 Material Weakness - N
1137284 2024-002 Material Weakness - N

Contacts

Name Title Type
D66CU59MAAN1 Kieu Vo Auditee
8584809517 Mario Ortega Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Basis of Presentation: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal award activity of ICOHS College, Inc. under the programs of the federal government for the year ended December 31, 2024. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) 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 ICOHS College, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of ICOHS College, Inc. Basis of Accounting and Cost Principles: Expenditures reported on 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 (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited to reimbursement. Pass-Through Awards: Of the federal expenditures presented in the Schedule, ICHOS College, Inc. did not provide any federal awards to subrecipients. Loan and Loan Guarantee Programs ICOHS College did not have any outstanding loan or loan guarantee balances as of year-end. De Minimis Rate Used: N Rate Explanation: ICOHS College, Inc. has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Federal Agency: U.S. Department of Education Program: Student Financial Assistance Cluster (84.268 Direct Loans, 84.063 Federal Pell Grant Program) Compliance Requirement: Special Tests and Provisions – Enrollment Reporting Criteria: In accordance with 34 CFR §685.309(b) and the Department of Education’s Enrollment Reporting Guide, institutions must notify NSLDS of changes in student enrollment status within 30 days of the change, or ensure that the change is reported in the next scheduled roster file, but no later than 60 days after the date of determination. Condition: We tested a sample of 17 students for changes in enrollment during the audit period. Our testing revealed 16 instances where student enrollment changes were not updated within the required timeframe. The overall rate of error was 94%. Cause: The Institution uses a third-party provider, ECM, to update its enrollment information with NSLDS. The Institution enters enrollment updates into an interface spreadsheet, which is uploaded into ECM’s student system, SOLFIA. This data is then transferred from SOLFIA to the NSLDS enrollment system. In April 2024, ECM notified the Institution that it was updating SOLFIA to comply with new technical specifications issued by the U.S. Department of Education. These updates were not completed until September 2024, and technical issues with SOLFIA persisted thereafter. As a result, the Institution was unable to transmit timely enrollment updates to NSLDS. Due to the continuing issues with SOLFIA, the Institution began manually updating enrollment information with NSLDS in March 2025. Effect: Untimely or missing enrollment status reporting may lead to delays in borrowers’ loan servicing activities such as entering repayment, deferment, or grace periods, and could cause noncompliance with federal requirements. Inaccurate reporting may also increase the risk of loan defaults and interest accrual issues for students. Questioned Costs: Known questioned costs are not considered material; however, due to the compliance nature of the finding and the frequency of occurrence, the finding is deemed material for reporting purposes.Recommendation: We recommend that the Institution work closely with its third-party provider to ensure that system updates affecting enrollment reporting are implemented in a timely and controlled manner. The Institution should: • Establish contingency procedures, such as temporary manual reporting processes, to ensure compliance during periods of system outages or transitions; • Perform regular reconciliations between internal records, SOLFIA, and NSLDS to identify and correct delays or discrepancies; and • Strengthen communication protocols with its third-party provider to monitor and respond to system issues affecting Title IV compliance. Views of Responsible Officials: The institution agrees with the finding. A corrective action plan addressing the noted deficiencies has been submitted under separate cover.
Federal Agency: U.S. Department of Education Program: Student Financial Assistance Cluster (84.268 Direct Loans, 84.063 Federal Pell Grant Program) Compliance Requirement: Special Tests and Provisions – Enrollment Reporting Criteria: In accordance with 34 CFR §685.309(b) and the Department of Education’s Enrollment Reporting Guide, institutions must notify NSLDS of changes in student enrollment status within 30 days of the change, or ensure that the change is reported in the next scheduled roster file, but no later than 60 days after the date of determination. Condition: We tested a sample of 17 students for changes in enrollment during the audit period. Our testing revealed 16 instances where student enrollment changes were not updated within the required timeframe. The overall rate of error was 94%. Cause: The Institution uses a third-party provider, ECM, to update its enrollment information with NSLDS. The Institution enters enrollment updates into an interface spreadsheet, which is uploaded into ECM’s student system, SOLFIA. This data is then transferred from SOLFIA to the NSLDS enrollment system. In April 2024, ECM notified the Institution that it was updating SOLFIA to comply with new technical specifications issued by the U.S. Department of Education. These updates were not completed until September 2024, and technical issues with SOLFIA persisted thereafter. As a result, the Institution was unable to transmit timely enrollment updates to NSLDS. Due to the continuing issues with SOLFIA, the Institution began manually updating enrollment information with NSLDS in March 2025. Effect: Untimely or missing enrollment status reporting may lead to delays in borrowers’ loan servicing activities such as entering repayment, deferment, or grace periods, and could cause noncompliance with federal requirements. Inaccurate reporting may also increase the risk of loan defaults and interest accrual issues for students. Questioned Costs: Known questioned costs are not considered material; however, due to the compliance nature of the finding and the frequency of occurrence, the finding is deemed material for reporting purposes.Recommendation: We recommend that the Institution work closely with its third-party provider to ensure that system updates affecting enrollment reporting are implemented in a timely and controlled manner. The Institution should: • Establish contingency procedures, such as temporary manual reporting processes, to ensure compliance during periods of system outages or transitions; • Perform regular reconciliations between internal records, SOLFIA, and NSLDS to identify and correct delays or discrepancies; and • Strengthen communication protocols with its third-party provider to monitor and respond to system issues affecting Title IV compliance. Views of Responsible Officials: The institution agrees with the finding. A corrective action plan addressing the noted deficiencies has been submitted under separate cover.
Finding 2024-002 – Special Tests and Provisions - Return of Title IV Funds Federal Agency: U.S. Department of Education Program: Student Financial Assistance Cluster (84.268 Direct Loans, 84.063 Federal Pell Grant Program) Criteria: In accordance with 34 CFR §668.22(j), when a recipient of Title IV grant or loan assistance withdraws from an institution during a payment period or period of enrollment, the institution must return any unearned Title IV funds to the Department of Education within 45 calendar days from the date the institution determined the student withdrew. Condition/Context: Our initial sample of students who withdrew from the Institution was 3, and from this sample, we encountered 1 student whose required return to Title IV was late. Due to the high error rate of 1 out of 3, we expanded our testing. From a population of 20 students who withdrew and had funds returned, we selected an additional 13 students to test for the timely return of funds. The sample was based on a 90% confidence level with a 10% margin of error. Of the 16 students who withdrew and required a return of Title IV funds, we noted that in 5 cases (31.25%), the institution did not return the funds to the Department of Education within the required 45-day timeframe. Cause: The institution utilizes a third-party service provider, ECM, to calculate Return to Title IV (R2T4) amounts and transmit the required returns to the Department of Education. The institution initiates this process by completing and submitting a “Return to Title IV Request Form” to ECM. Our testing indicated that the institution submitted these forms to ECM within the required timelines. However, ECM experienced delays in processing due to significant personnel turnover and system-related issues. In April 2024, ECM notified the institution that it was updating its SOLFIA platform to comply with new Department of Education technical specifications. These updates were not completed until September 2024, after which ECM continued to experience technical issues that further delayed processing. The institution has represented that these external challenges impacted its ability to meet the 45-day deadline for returning Title IV funds. Effect: The institution was not in compliance with federal regulations regarding the timely return of Title IV funds. Late refunds could result in potential liabilities, increased scrutiny, or sanctions by the Department of Education. Questioned Costs: Known questioned costs are not considered material; however, due to the compliance nature of the finding and the frequency of occurrence, the finding is deemed material for reporting purposes. Recommendation: We recommend that the institution formally document and strengthen oversight of third-party service providers responsible for Title IV compliance. This includes establishing performance expectations, monitoring protocols, and contingency plans to ensure continuity during periods of vendor transition or system outages. We further recommend that the institution assess whether additional internal controls or staffing can supplement or verify timely R2T4 processing, particularly during periods of known vendor instability. Views of Responsible Officials and Corrective Action Plan: The institution agrees with the finding. A corrective action plan addressing the noted deficiencies has been submitted under separate cover.
Finding 2024-002 – Special Tests and Provisions - Return of Title IV Funds Federal Agency: U.S. Department of Education Program: Student Financial Assistance Cluster (84.268 Direct Loans, 84.063 Federal Pell Grant Program) Criteria: In accordance with 34 CFR §668.22(j), when a recipient of Title IV grant or loan assistance withdraws from an institution during a payment period or period of enrollment, the institution must return any unearned Title IV funds to the Department of Education within 45 calendar days from the date the institution determined the student withdrew. Condition/Context: Our initial sample of students who withdrew from the Institution was 3, and from this sample, we encountered 1 student whose required return to Title IV was late. Due to the high error rate of 1 out of 3, we expanded our testing. From a population of 20 students who withdrew and had funds returned, we selected an additional 13 students to test for the timely return of funds. The sample was based on a 90% confidence level with a 10% margin of error. Of the 16 students who withdrew and required a return of Title IV funds, we noted that in 5 cases (31.25%), the institution did not return the funds to the Department of Education within the required 45-day timeframe. Cause: The institution utilizes a third-party service provider, ECM, to calculate Return to Title IV (R2T4) amounts and transmit the required returns to the Department of Education. The institution initiates this process by completing and submitting a “Return to Title IV Request Form” to ECM. Our testing indicated that the institution submitted these forms to ECM within the required timelines. However, ECM experienced delays in processing due to significant personnel turnover and system-related issues. In April 2024, ECM notified the institution that it was updating its SOLFIA platform to comply with new Department of Education technical specifications. These updates were not completed until September 2024, after which ECM continued to experience technical issues that further delayed processing. The institution has represented that these external challenges impacted its ability to meet the 45-day deadline for returning Title IV funds. Effect: The institution was not in compliance with federal regulations regarding the timely return of Title IV funds. Late refunds could result in potential liabilities, increased scrutiny, or sanctions by the Department of Education. Questioned Costs: Known questioned costs are not considered material; however, due to the compliance nature of the finding and the frequency of occurrence, the finding is deemed material for reporting purposes. Recommendation: We recommend that the institution formally document and strengthen oversight of third-party service providers responsible for Title IV compliance. This includes establishing performance expectations, monitoring protocols, and contingency plans to ensure continuity during periods of vendor transition or system outages. We further recommend that the institution assess whether additional internal controls or staffing can supplement or verify timely R2T4 processing, particularly during periods of known vendor instability. Views of Responsible Officials and Corrective Action Plan: The institution agrees with the finding. A corrective action plan addressing the noted deficiencies has been submitted under separate cover.
Federal Agency: U.S. Department of Education Program: Student Financial Assistance Cluster (84.268 Direct Loans, 84.063 Federal Pell Grant Program) Compliance Requirement: Special Tests and Provisions – Enrollment Reporting Criteria: In accordance with 34 CFR §685.309(b) and the Department of Education’s Enrollment Reporting Guide, institutions must notify NSLDS of changes in student enrollment status within 30 days of the change, or ensure that the change is reported in the next scheduled roster file, but no later than 60 days after the date of determination. Condition: We tested a sample of 17 students for changes in enrollment during the audit period. Our testing revealed 16 instances where student enrollment changes were not updated within the required timeframe. The overall rate of error was 94%. Cause: The Institution uses a third-party provider, ECM, to update its enrollment information with NSLDS. The Institution enters enrollment updates into an interface spreadsheet, which is uploaded into ECM’s student system, SOLFIA. This data is then transferred from SOLFIA to the NSLDS enrollment system. In April 2024, ECM notified the Institution that it was updating SOLFIA to comply with new technical specifications issued by the U.S. Department of Education. These updates were not completed until September 2024, and technical issues with SOLFIA persisted thereafter. As a result, the Institution was unable to transmit timely enrollment updates to NSLDS. Due to the continuing issues with SOLFIA, the Institution began manually updating enrollment information with NSLDS in March 2025. Effect: Untimely or missing enrollment status reporting may lead to delays in borrowers’ loan servicing activities such as entering repayment, deferment, or grace periods, and could cause noncompliance with federal requirements. Inaccurate reporting may also increase the risk of loan defaults and interest accrual issues for students. Questioned Costs: Known questioned costs are not considered material; however, due to the compliance nature of the finding and the frequency of occurrence, the finding is deemed material for reporting purposes.Recommendation: We recommend that the Institution work closely with its third-party provider to ensure that system updates affecting enrollment reporting are implemented in a timely and controlled manner. The Institution should: • Establish contingency procedures, such as temporary manual reporting processes, to ensure compliance during periods of system outages or transitions; • Perform regular reconciliations between internal records, SOLFIA, and NSLDS to identify and correct delays or discrepancies; and • Strengthen communication protocols with its third-party provider to monitor and respond to system issues affecting Title IV compliance. Views of Responsible Officials: The institution agrees with the finding. A corrective action plan addressing the noted deficiencies has been submitted under separate cover.
Federal Agency: U.S. Department of Education Program: Student Financial Assistance Cluster (84.268 Direct Loans, 84.063 Federal Pell Grant Program) Compliance Requirement: Special Tests and Provisions – Enrollment Reporting Criteria: In accordance with 34 CFR §685.309(b) and the Department of Education’s Enrollment Reporting Guide, institutions must notify NSLDS of changes in student enrollment status within 30 days of the change, or ensure that the change is reported in the next scheduled roster file, but no later than 60 days after the date of determination. Condition: We tested a sample of 17 students for changes in enrollment during the audit period. Our testing revealed 16 instances where student enrollment changes were not updated within the required timeframe. The overall rate of error was 94%. Cause: The Institution uses a third-party provider, ECM, to update its enrollment information with NSLDS. The Institution enters enrollment updates into an interface spreadsheet, which is uploaded into ECM’s student system, SOLFIA. This data is then transferred from SOLFIA to the NSLDS enrollment system. In April 2024, ECM notified the Institution that it was updating SOLFIA to comply with new technical specifications issued by the U.S. Department of Education. These updates were not completed until September 2024, and technical issues with SOLFIA persisted thereafter. As a result, the Institution was unable to transmit timely enrollment updates to NSLDS. Due to the continuing issues with SOLFIA, the Institution began manually updating enrollment information with NSLDS in March 2025. Effect: Untimely or missing enrollment status reporting may lead to delays in borrowers’ loan servicing activities such as entering repayment, deferment, or grace periods, and could cause noncompliance with federal requirements. Inaccurate reporting may also increase the risk of loan defaults and interest accrual issues for students. Questioned Costs: Known questioned costs are not considered material; however, due to the compliance nature of the finding and the frequency of occurrence, the finding is deemed material for reporting purposes.Recommendation: We recommend that the Institution work closely with its third-party provider to ensure that system updates affecting enrollment reporting are implemented in a timely and controlled manner. The Institution should: • Establish contingency procedures, such as temporary manual reporting processes, to ensure compliance during periods of system outages or transitions; • Perform regular reconciliations between internal records, SOLFIA, and NSLDS to identify and correct delays or discrepancies; and • Strengthen communication protocols with its third-party provider to monitor and respond to system issues affecting Title IV compliance. Views of Responsible Officials: The institution agrees with the finding. A corrective action plan addressing the noted deficiencies has been submitted under separate cover.
Finding 2024-002 – Special Tests and Provisions - Return of Title IV Funds Federal Agency: U.S. Department of Education Program: Student Financial Assistance Cluster (84.268 Direct Loans, 84.063 Federal Pell Grant Program) Criteria: In accordance with 34 CFR §668.22(j), when a recipient of Title IV grant or loan assistance withdraws from an institution during a payment period or period of enrollment, the institution must return any unearned Title IV funds to the Department of Education within 45 calendar days from the date the institution determined the student withdrew. Condition/Context: Our initial sample of students who withdrew from the Institution was 3, and from this sample, we encountered 1 student whose required return to Title IV was late. Due to the high error rate of 1 out of 3, we expanded our testing. From a population of 20 students who withdrew and had funds returned, we selected an additional 13 students to test for the timely return of funds. The sample was based on a 90% confidence level with a 10% margin of error. Of the 16 students who withdrew and required a return of Title IV funds, we noted that in 5 cases (31.25%), the institution did not return the funds to the Department of Education within the required 45-day timeframe. Cause: The institution utilizes a third-party service provider, ECM, to calculate Return to Title IV (R2T4) amounts and transmit the required returns to the Department of Education. The institution initiates this process by completing and submitting a “Return to Title IV Request Form” to ECM. Our testing indicated that the institution submitted these forms to ECM within the required timelines. However, ECM experienced delays in processing due to significant personnel turnover and system-related issues. In April 2024, ECM notified the institution that it was updating its SOLFIA platform to comply with new Department of Education technical specifications. These updates were not completed until September 2024, after which ECM continued to experience technical issues that further delayed processing. The institution has represented that these external challenges impacted its ability to meet the 45-day deadline for returning Title IV funds. Effect: The institution was not in compliance with federal regulations regarding the timely return of Title IV funds. Late refunds could result in potential liabilities, increased scrutiny, or sanctions by the Department of Education. Questioned Costs: Known questioned costs are not considered material; however, due to the compliance nature of the finding and the frequency of occurrence, the finding is deemed material for reporting purposes. Recommendation: We recommend that the institution formally document and strengthen oversight of third-party service providers responsible for Title IV compliance. This includes establishing performance expectations, monitoring protocols, and contingency plans to ensure continuity during periods of vendor transition or system outages. We further recommend that the institution assess whether additional internal controls or staffing can supplement or verify timely R2T4 processing, particularly during periods of known vendor instability. Views of Responsible Officials and Corrective Action Plan: The institution agrees with the finding. A corrective action plan addressing the noted deficiencies has been submitted under separate cover.
Finding 2024-002 – Special Tests and Provisions - Return of Title IV Funds Federal Agency: U.S. Department of Education Program: Student Financial Assistance Cluster (84.268 Direct Loans, 84.063 Federal Pell Grant Program) Criteria: In accordance with 34 CFR §668.22(j), when a recipient of Title IV grant or loan assistance withdraws from an institution during a payment period or period of enrollment, the institution must return any unearned Title IV funds to the Department of Education within 45 calendar days from the date the institution determined the student withdrew. Condition/Context: Our initial sample of students who withdrew from the Institution was 3, and from this sample, we encountered 1 student whose required return to Title IV was late. Due to the high error rate of 1 out of 3, we expanded our testing. From a population of 20 students who withdrew and had funds returned, we selected an additional 13 students to test for the timely return of funds. The sample was based on a 90% confidence level with a 10% margin of error. Of the 16 students who withdrew and required a return of Title IV funds, we noted that in 5 cases (31.25%), the institution did not return the funds to the Department of Education within the required 45-day timeframe. Cause: The institution utilizes a third-party service provider, ECM, to calculate Return to Title IV (R2T4) amounts and transmit the required returns to the Department of Education. The institution initiates this process by completing and submitting a “Return to Title IV Request Form” to ECM. Our testing indicated that the institution submitted these forms to ECM within the required timelines. However, ECM experienced delays in processing due to significant personnel turnover and system-related issues. In April 2024, ECM notified the institution that it was updating its SOLFIA platform to comply with new Department of Education technical specifications. These updates were not completed until September 2024, after which ECM continued to experience technical issues that further delayed processing. The institution has represented that these external challenges impacted its ability to meet the 45-day deadline for returning Title IV funds. Effect: The institution was not in compliance with federal regulations regarding the timely return of Title IV funds. Late refunds could result in potential liabilities, increased scrutiny, or sanctions by the Department of Education. Questioned Costs: Known questioned costs are not considered material; however, due to the compliance nature of the finding and the frequency of occurrence, the finding is deemed material for reporting purposes. Recommendation: We recommend that the institution formally document and strengthen oversight of third-party service providers responsible for Title IV compliance. This includes establishing performance expectations, monitoring protocols, and contingency plans to ensure continuity during periods of vendor transition or system outages. We further recommend that the institution assess whether additional internal controls or staffing can supplement or verify timely R2T4 processing, particularly during periods of known vendor instability. Views of Responsible Officials and Corrective Action Plan: The institution agrees with the finding. A corrective action plan addressing the noted deficiencies has been submitted under separate cover.