Audit 36379

FY End
2022-06-30
Total Expended
$26.76M
Findings
14
Programs
13
Organization: Spalding University (KY)
Year: 2022 Accepted: 2023-01-05
Auditor: Crowe LLP

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
35826 2022-001 Significant Deficiency - L
35827 2022-001 Significant Deficiency - L
35828 2022-001 Significant Deficiency - L
35829 2022-001 Significant Deficiency - L
35830 2022-001 Significant Deficiency - L
35831 2022-001 Significant Deficiency - L
35832 2022-001 Significant Deficiency - L
612268 2022-001 Significant Deficiency - L
612269 2022-001 Significant Deficiency - L
612270 2022-001 Significant Deficiency - L
612271 2022-001 Significant Deficiency - L
612272 2022-001 Significant Deficiency - L
612273 2022-001 Significant Deficiency - L
612274 2022-001 Significant Deficiency - L

Contacts

Name Title Type
J3KPEDNN74R6 Ezra Krumhansl Auditee
8592805103 Kelly Frank Auditor
No contacts on file

Notes to SEFA

Title: NOTE 2 FEDERAL LOAN PROGRAMS Accounting Policies: NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Spalding University, Inc. (the University) under programs of the federal government for the year ended June 30, 2022 and is presented on the accrual basis of accounting. 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). 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. The University has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. 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. 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 assets, or cash flows of the University. Subrecipients: The University is a subrecipient of federal funds which have been subjected to testing and are reported as expenditures and listed as federal pass-through funds. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The University disbursed funds under the Federal Direct Loan Program (including Direct Loans, Direct Unsubsidized Loans, Direct PLUS Loans and Direct Consolidation Loans) during the current year. The University administers the Federal Perkins and Nursing Student Loan Programs. Total loan expenditures and disbursements of the Department of Education and Department of Health and Human Services student financial assistance programs for the year ended June 30, 2022 are as follows: Federal Perkins Loan Program (ALN 84.038) $ -, Nursing Student Loan Program (ALN 93.364) $76,540. Outstanding loans at June 30, 2022 include the following: Federal Perkins Loans $224,695, Nursing Student Loans $564,000, Total $788,695. The University is responsible only for the performance of certain administrative duties with respect to the Federal Direct Loan Program and, accordingly, these loans are not included in the financial statements of the University. It is not practical to determine the balance of loans outstanding to students and former students of the University under this program as of June 30, 2022. The current expenditures under the Federal Direct Loan Programs of $18,419,147 are included in the accompanying schedule of expenditures of federal awards.

Finding Details

Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.
Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.
Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.
Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.
Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.
Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.
Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.
Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.
Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.
Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.
Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.
Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.
Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.
Reference Number: 2022-001 Federal Agency: Department of Education Program Name (AL #): Student Financial Aid Cluster (AL No. Various) Federal Award Year: July 1, 2021 to June 30, 2022 Federal Award Number: P268K221492, P268K231492, P063P201492, P063P211492 Compliance Requirement: Enrollment Reporting Criteria: Per 34 CFR 690.83(b)(2) and 34 CFR 685.309, Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website which the financial aid administrator can access for the auditor. Cause: The University?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022. Context: For 5 out of 25 students tested for NSLDS reporting, it was noted that these students were not reported within 60 days as required for all schools participating in Title IV aid. Crowe had management perform an independent analysis in order to quantify the total number of students with enrollment reporting issues due to the 5 identified as part of our testing. Through further testing procedures performed and analysis performed by management it was noted that a total of 38 students were not reported timely to the NSLDS. Effect or Potential Effect: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Inaccurate reporting or not timely reporting student status changes to NSLDS will have an impact on the timeliness of the student entering repayment. Recommendation: We recommend that the University enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission. We recommend management perform a review of the students after being reported to NSLDS to ensure that were accurately and timely reporting as well as implement a monitoring control internally to ensure all students who changed stated are properly identified and reported to the NSLDS. Views of Responsible Officials and Planned Corrective Actions: The University agrees that accurate enrollment reporting is required and has taken steps to change the process. See corrective action plan.