Audit 370123

FINDING 2024-001: Inaccurate and Untimely Enrollment Status Reporting FEDERAL AGENCY: U.S. DEPARTMENT OF EDUCATION PROGRAM NAME: FEDERAL DIRECT LOAN PROGRAM ALN#: 84.268 FEDERAL AWARD YEAR: 2023-2024 & 2024-2025 Compliance Requirement: Special Tests and Provisions - Reporting (L.) Criteria:InstitutionsarerequiredtoprovideenrollmentupdateresponsestotheEnrollmentReportingRoster File within fifteen days of receipt (34 CFR 685.309). Condition: We tested thirty-seven files and enrollment status effective dates were either incorrectly reported or not reported to the National Student Loan Data System (NSLDS) for three students. Additionally, the Institution did not provide enrollment update responses in a timely manner for the months of January 2024, May 2024, June 2024 and September 2024. April 2024 and November 2024 submissions were not completed. We consider this finding to be a material weakness. This finding is repeated and was reported in the prior year as 2023-001. Cause: The condition was caused by oversights within the Financial Aid department. Effect or Potential Effect: The result is the Department of Education was not made aware of the changes in student statuses in a timely manner and students’ enrollment dates were reported to NSLDS inaccurately or were missing. Questioned Costs: N/A Statistical sampling was not used when making sample selections. Recommendation: We recommend the Institution update the effective dates in NSLDS and increase controls over enrollment reporting. ViewsofResponsibleOfficials:TheInstitutionagreeswiththeSingleAuditFindingandaresponseisincluded in the Corrective Action Plan.

FINDING 2024-002: Untimely Paid Credit Balance FEDERAL AGENCY: U.S. DEPARTMENT OF EDUCATION PROGRAM NAME: FEDERAL DIRECT LOAN PROGRAM ALN#: 84.268 FEDERAL AWARD YEAR: 2023-2024 & 2024-2025 Compliance Requirement: Special Tests and Provisions (N.) - Cash Management Criteria: An institution must pay credit balances to students within fourteen days of the creation of such credit or within fourteen days of the date the institution performs the Return calculation for withdrawn students. When a valid waiver has been obtained, an institution must pay the remaining balance on loan funds by the end of the loan period and any remaining other Title IV program funds by the end of the last payment period in the award year for which the funds were awarded (34 CFR 668.164 and 668.165). Condition: We tested thirty-seven files, thirty-one of which had credit balances, and one credit balance was not paid in a timely manner. We consider this finding to be an instance of non-compliance. Cause: The condition was caused by not issuing the credit balance by the end of the loan period. Effect: As a result, the Institution was holding funds that needed to be returned to the student. Question Costs: $4,657 Statistical sampling was not used when making sample selections. Recommendation: We recommend the Institution increase controls over credit balances. Views of Responsible Officials: The Institution agrees with the Single Audit Finding and a response is included in the Corrective Action Plan.

FINDING 2024-003: Campus Crime Awareness Requirements Not Met FEDERAL AGENCY: U.S. DEPARTMENT OF EDUCATION PROGRAM NAME: FEDERAL DIRECT LOAN PROGRAM ALN#: 84.268 FEDERAL AWARD YEAR: 2023-2024 & 2024-2025 Compliance Requirement: Special Tests and Provisions (N.) - Administrative Requirements Criteria: By October 1 of each year, an institution must submit the statistics required by CFR668.46(c) and CFR 668.49(c) to the Secretary. (CFR 34 668.41€(5) and CFR 34 668.46). Condition: The Institution did not accurately report all crimes in 2023 to the Department of Education's website. Additionally, the Institution incorrectly reported a burglary on their annual security report when it should have been listed as a motor vehicle theft. We consider this finding to be a significant deficiency. Cause:Thisconditionwascausedbyafailuretoensurethatallrequiredconsumerinformationwasreportedcorrectly in the annual security report and to the Department of Education. EffectorPotentialEffect:Theresultisstudentsandemployeesmaynothavebeenmadeawareofcriminalactivity in their area of work or school. Question Costs: N/A Statistical sampling was not used when making sample selections. Recommendation:AstheInstitutionhassinceupdatedthecampuscrimeawarenessinformation,werecommendthe Institution increase controls over campus crime awareness requirements. ViewsofResponsibleOfficials:TheInstitutionagreeswiththeSingleAuditFindingandaresponseisincludedin the Corrective Action Plan.