FAC Explorer

Audit 381839

FY End
2025-06-30
Total Expended
$5.84M
Findings
4
Programs
4
Organization: Bellin College, Inc. (WI)
Year: 2025 Accepted: 2026-01-15
Auditor: WIPFLI LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1169090 2025-001 Material Weakness Yes N
1169091 2025-001 Material Weakness Yes N
1169092 2025-001 Material Weakness Yes N
1169093 2025-001 Material Weakness Yes N

Programs

ALN Program Spent Major Findings
84.268 FEDERAL DIRECT STUDENT LOANS $532,617 Yes 1
84.063 FEDERAL PELL GRANT PROGRAM $441,464 Yes 0
84.033 FEDERAL WORK-STUDY PROGRAM $16,576 Yes 0
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $15,228 Yes 0

Contacts

Name Title Type
X24ZBLBYL1K9 Ginger Krummen Schraven Auditee
9204336631 Stephanie Cavadeas Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal and state awards (the “Schedule”) includes the College's federal and state award activity under programs of the federal and state government for the year ended June 30, 2025. The information in the 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”) and the State of Wisconsin State Single Audit Guidelines. Because the Schedule presents only a selected portion of the operations of the College, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the College.
The Schedule includes federal awards received for the various programs. The College is required to provide matching funds for certain student financial aid programs. Matching funds by program provided by the College for the year ended June 30, 2025, are as follows: Federal Supplemental Educational Opportunity Grant - $5,076, Federal WorkStudy Program - $9,576, Wisconsin Academic Excellence Scholarship - $5,625, and Wisconsin Veterans Grant - $76,000.
The Student Financial Assistance allowable expenditures for the year ended June 30, 2025, include amounts claimed for administrative costs of $1,111.
The College does not have sub-recipients of federal or state awards.

Finding Details

Finding 2025-001
Finding 2025-001 National Student Loan Data System (NSLDS) - Prior Year Finding 2024-001 Department of Education Student Financial Aid Cluster - grant period July 1, 2024 through June 30, 2025 Questioned costs: None How the question costs were computed: N/A Condition: The examination disclosed 3 students, out of 11 where the student’s status changed during the audit period, in which information was not transmitted correctly to the NSLDS. Withdrawal/Change/Graduation Date Effective Date Student A 5/16/25 N/A - none noted Student B 5/16/25 9/8/25 Student C 3/11/25 10/27/25 Criteria: Withdrawal/Change/Graduation date needs to match the graduation date from the NSLDS to the school's records. Effect: Student information is not correct in the NSLDS. Cause: The College did not properly transmit information to the NSLDS as they did not have any of those dates properly updated in their system. Recommendation: The institution should implement adequate oversight to ensure the dates and the student information match NSLDS. View of Responsible We agree with the finding and are committed to a corrective action. Officials: