For the year ended June 30, 2025, Ohio Institute of Allied Health, Inc. acted as a pass-through agency for Direct Federal Stafford Loans (subsidized, unsubsidized and PLUS) to students and parents in the amount of $1,620,041.
Ohio Institute of Allied Health, Inc. did not receive any federal insurance or federal noncash assistance and did not provide any amounts to sub-recipients.
FINDING 2025-001: INCORRECT FEDERAL DIRECT LOAN AMOUNTS FEDERAL AGENCY: U.S. DEPARTMENT OF EDUCATION PROGRAM NAME: FEDERAL DIRECT LOAN PROGRAM ALN: 84.268 FEDERAL AWARD YEAR: 2024-2025 Compliance Requirement: Eligibility (E.) Criteria: A student may not receive a Federal Direct Subsidized Loan amount that exceeds the student’s estimated cost of attendance for the period of enrollment less the borrower’s expected family contribution and estimated financial assistance for that period. Further, a second-year student can receive up to $4,500 in subsidized loans in one academic year (34 CFR 685.203). Condition: We tested seventy-one files, sixty-seven of which were Federal Direct Loan recipients, and two students received incorrect loan amounts. We consider this finding to be an instance of non-compliance. Cause: The condition was caused by using an incorrect number of credits while prorating the final academic year of the program for one student and by awarding the wrong grade level loans for the other student. Effect: The result is one student received an overawarded unsusidized loan and the other student received an underawarded subsidized loan. Question Costs: $0 Statistical sampling was not used when making sample selections. Recommendation: As $237 has since been refunded to the Department of Education, we recommend the Institution increase controls over packaging direct loans. There is no action required for the $333 in underawarded subsidized loans, as the student is no longer a current student, so the Institution is unable to reclassify the loans. Views of Responsible Officials: The Institution agrees with the Single Audit Finding and a response is included in the Corrective Action Plan.
FINDING 2025-002: UNPAID REFUNDS FEDERAL AGENCY: U.S. DEPARTMENT OF EDUCATION PROGRAM NAME: FEDERAL PELL GRANT PROGRAM AND FEDERAL DIRECT LOAN PROGRAM ALN: 84.063 & 84.268 FEDERAL AWARD YEAR: 2024-2025 Compliance Requirement: Special Tests and Provisions (N.) - Return of Title IV Funds Condition: We tested twenty-two drop students and noted two unpaid refunds. We consider this finding to bean instance of non-compliance. Effect: The result is the Institution is retaining monies which need to be returned to the Department of Criteria: Refunds, if necessary, must be calculated and made within 45 calendar days of the date the student withdraws (34 CFR 668.22, 685.306). Cause: The condition was caused by oversights in the financial aid department. Question Costs: $5,808 Statistical sampling was not used when making sample selections. Views of Responsible Officials: The Institution agrees with the Single Audit Finding and a response is included in the Corrective Action Plan. Recommendation: As $2,674 has since been refunded to the Department of Educaiton, we recommend the Institution refund the $3,134 to the Department of Education and increase controls over paying refunds.
FINDING 2025-003: UNTIMELY ENROLLMENT STATUS REPORTING FEDERAL AGENCY: U.S. DEPARTMENT OF EDUCATION PROGRAM NAME: FEDERAL PELL GRANT PROGRAM AND FEDERAL DIRECT LOAN ALN: 84.063 & 84.268 FEDERAL AWARD YEAR: 2024-2025 Compliance Requirement: Reporting (L.) Criteria: Institutions are required to provide enrollment update responses to the Enrollment Reporting Roster File within fifteen days of receipt (34 CFR 685.309). Condition: The Institution did not provide an enrollment update response to National Student Loan Data System (NSLDS) in a timely manner for July 2024. We consider this finding to be an instance of Cause: The condition was caused by an oversight in the financial aid department. Question Costs: $0 Effect: The result is the Department of Education was not made aware of the changes in student statuses in a timely manner. Statistical sampling was not used when making sample selections. Recommendation: We recommend the Institution increase controls over enrollment reporting. Views of Responsible Officials: The Institution agrees with the Single Audit Finding and a response is included in the Corrective Action Plan.