FAC Explorer

Audit 389486

FY End
2025-05-31
Total Expended
$4.28M
Findings
1
Programs
5
Organization: Florida College, INC (FL)
Year: 2025 Accepted: 2026-02-27
Auditor: CAPINCROUSE LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1175662 2025-004 Material Weakness Yes E

Programs

ALN Program Spent Major Findings
84.268 FEDERAL DIRECT STUDENT LOANS $3.04M Yes 0
84.063 FEDERAL PELL GRANT PROGRAM $1.14M Yes 1
84.038 FEDERAL PERKINS LOAN PROGRAM $60,036 Yes 0
84.033 FEDERAL WORK-STUDY PROGRAM $17,459 Yes 0
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $15,286 Yes 0

Contacts

Name Title Type
N8CLM7MFNDZ5 Dorsity Cole Auditee
8139885131 Dan Campbell, CPA Auditor
No contacts on file

Notes to SEFA

See the Notes to the SEFA for chart/table
The College did not provide any federal funds to subrecipients nor did they receive any federal non-cash assistance, insurance, loans, or loan guarantees.
See the Notes to the SEFA for chart/table

Finding Details

Finding 2025-004
Incorrect Pell Calculations Significant Deficiency DEPARTMENT OF EDUCATION ALN #: Federal Pell Grants 84.063 Federal Award Identification #: 2024-2025 Financial Aid Year Condition: The College did not properly award Pell for the Summer term under the new enrollment intensity calculation requirements. Criteria: 34 CFR 690.63(b) Questioned Costs: $0 Context: For 7 students out of 36 tested, the College did not award summer Pell to students enrolled less than half time as they were following the old Pell summer enrollment rules, resulting in the under-award of $4,902 in Pell grants for the summer 2025 term. Cause: Due to a change in Pell grant calculations for award year 2024-2025, the College misinterpreted Summer Pell regulations. Effect: Students were under-awarded Pell grant for their enrollment level. Identification as repeat finding, if applicable: Not applicable. Recommendation: We recommend the College review policies for summer term enrollment to ensure they align with Department of Education enrollment intensity guidance and apply the new enrollment intensity regulations accordingly. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.