Audit 38359

FY End
2022-06-30
Total Expended
$18.81M
Findings
8
Programs
9
Organization: Bloomfield College (NJ)
Year: 2022 Accepted: 2023-03-27
Auditor: Crowe

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
42469 2022-001 Significant Deficiency - N
42470 2022-001 Significant Deficiency - N
42471 2022-001 Significant Deficiency - N
42472 2022-001 Significant Deficiency - N
618911 2022-001 Significant Deficiency - N
618912 2022-001 Significant Deficiency - N
618913 2022-001 Significant Deficiency - N
618914 2022-001 Significant Deficiency - N

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $7.42M Yes 1
84.063 Federal Pell Grant Program $4.68M Yes 1
84.425 Education Stabilization Fund $883,262 Yes 0
84.382 Strengthening Minority-Serving Institutions $739,911 - 0
84.007 Federal Supplemental Educational Opportunity Grants $287,063 Yes 1
84.042 Trio_student Support Services $286,341 - 0
84.217 Trio_mcnair Post-Baccalaureate Achievement $283,763 - 0
84.033 Federal Work-Study Program $140,416 Yes 1
93.310 Trans-Nih Research Support $15,381 - 0

Contacts

Name Title Type
YZBHKVM6C1C9 Cynthia McDaniel Auditee
9737489000 Kelly Frank Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The accompanying schedule of expenditures of federal awards (Schedule) includes the activity of Bloomfield College (the College) 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). 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.Expenditures reported on the Schedule are reported on the accrual basis of accounting. 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. 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. The College has elected to not use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The College participates in the Federal Direct Student Loans Program, including Federal Direct Loans and Federal PLUS Loans (PLUS). The dollar amounts are listed in the schedule of federal awards although the College is not the recipient of the funds. Such programs are considered a component of the student financial assistance cluster. New loans processed for students during the year ended June 30, 2022 were as follows:Subsidized $3,285,731; Unsubsidized $2,536,524; PLUS $1,593,925

Finding Details

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 College?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022 as it relates to students who are unofficially withdrawing. Context: For one out of 40 samples tested, the student?s status was not accurately reflected to the NSLDS. The student unofficially withdrew from class by continuously not attending the class. However, the professor did not update the student?s status until after the end of the semester. 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 College enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission.
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 College?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022 as it relates to students who are unofficially withdrawing. Context: For one out of 40 samples tested, the student?s status was not accurately reflected to the NSLDS. The student unofficially withdrew from class by continuously not attending the class. However, the professor did not update the student?s status until after the end of the semester. 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 College enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission.
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 College?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022 as it relates to students who are unofficially withdrawing. Context: For one out of 40 samples tested, the student?s status was not accurately reflected to the NSLDS. The student unofficially withdrew from class by continuously not attending the class. However, the professor did not update the student?s status until after the end of the semester. 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 College enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission.
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 College?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022 as it relates to students who are unofficially withdrawing. Context: For one out of 40 samples tested, the student?s status was not accurately reflected to the NSLDS. The student unofficially withdrew from class by continuously not attending the class. However, the professor did not update the student?s status until after the end of the semester. 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 College enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission.
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 College?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022 as it relates to students who are unofficially withdrawing. Context: For one out of 40 samples tested, the student?s status was not accurately reflected to the NSLDS. The student unofficially withdrew from class by continuously not attending the class. However, the professor did not update the student?s status until after the end of the semester. 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 College enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission.
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 College?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022 as it relates to students who are unofficially withdrawing. Context: For one out of 40 samples tested, the student?s status was not accurately reflected to the NSLDS. The student unofficially withdrew from class by continuously not attending the class. However, the professor did not update the student?s status until after the end of the semester. 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 College enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission.
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 College?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022 as it relates to students who are unofficially withdrawing. Context: For one out of 40 samples tested, the student?s status was not accurately reflected to the NSLDS. The student unofficially withdrew from class by continuously not attending the class. However, the professor did not update the student?s status until after the end of the semester. 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 College enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission.
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 College?s monitoring control over enrollment reporting was not operating effectively during fiscal year 2022 as it relates to students who are unofficially withdrawing. Context: For one out of 40 samples tested, the student?s status was not accurately reflected to the NSLDS. The student unofficially withdrew from class by continuously not attending the class. However, the professor did not update the student?s status until after the end of the semester. 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 College enhance its review and monitoring of the enrollment reporting to NSLDS to ascertain accuracy and timeliness of the submission.