Audit 389607

2025-001: NSLDS Enrollment Reporting Federal agency: U.S. Department of Education Federal program title: Student Financial Assistance Cluster Assistance Listing Numbers: 84.007, 84.268, 84.033, 84.038, 84.063 Award Period: July 1, 2024 through June 30, 2025 Type of Finding: - Significant Deficiency in Internal Control over Compliance - Other Matters Criteria or Specific Requirement: In accordance with 34 CFR 685.309(b) and the National Student Loan Data System (NSLDS) Enrollment Reporting Guide published by the Department of Education, schools 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. In addition, schools must report enrollment status changes within 30 days of becoming aware of the status change or in its next scheduled enrollment submission if the scheduled submission is within 60 days. Condition/Context: During our testing of 60 students, which is a statistically valid sample, we noted 4 instances where the date of the student’s status change did not match between the University’s records and NSLDS, 1 instance where the student's enrollment status was not certified within 60 days, 1 instance where the program enrollment status did not match the campus enrollment status, 1 instance where the program enrollment effective date did not match the campus enrollment effective date, and 1 instance where the student's information was not reported to NSLDS. Questioned Costs: None. Cause: The University's internal controls did not identify the errors for compliance with the criteria mentioned above. Effect: Inaccurate information is reflected on the NSLDS database. A student’s enrollment data protects the rights of borrowers by ensuring that loan interest subsidies are based on accurate enrollment data, ensures loan repayment dates are accurately based on the last data of attendance, allows in-school deferments to be automatically granted using NSLDS enrollment data, and provides vast amounts of critical data about the effectiveness of Title IV aid programs, including completion data. Repeat Finding: Yes, finding 2024-003. Recommendation: We recommend the University review its reporting procedures to ensure that enrollment and program information is accurately reported to NSLDS as required by regulations. Views of Responsible Officials: Please refer to the attached corrective action plan.

2025-002: Return of Title IV Funds Federal agency: U.S. Department of Education Federal program title: Student Financial Assistance Cluster Assistance Listing Numbers: 84.007, 84.268, 84.033, 84.038, 84.063 Award Period: July 1, 2024 through June 30, 2025 Type of Finding: -Significant Deficiency in Internal Control over Compliance -Other Matters Criteria or Specific Requirement: In accordance with 34 CFR 668.22(a)(1) through (a)(5), when a recipient of Title IV grant or loan assistance withdraws from an institution during a payment period or period of enrollment in which the recipient began attendance, the institution must determine the amount of Title IV aid earned by the student as of the student’s withdrawal date. If the total amount of Title IV assistance earned by the student is less than the amount that was disbursed to the student or on his or her behalf as of the date of the institution’s determination that the student withdrew, the difference must be returned to the Title IV programs as outlined in this section and no additional disbursements may be made to the student for the payment period or period of enrollment. Condition/Context: During our testing of 26 students, which is a statistically valid sample, we noted 1 instance where the student's return of Title IV funds was not calculated and returned to the Title IV program correctly. Questioned Costs: $1,053.49 Cause: The University’s internal controls did not identify the errors for compliance with the criteria mentioned above. Effect: The University is not compliant with federal requirements and their internal procedures. Repeat Finding: No. Recommendation: We recommend the University review its return of Title IV fund procedures to ensure that calculations are performed with correct inputs as required by regulations. Views of Responsible Officials: Please refer to the attached corrective action plan.

2025-003: FISAP Reporting Federal agency: U.S. Department of Education Federal program title: Student Financial Assistance Cluster Assistance Listing Numbers: 84.007, 84.268, 84.033, 84.038, 84.063 Award Period: July 1, 2024 through June 30, 2025 Type of Finding: - Significant Deficiency in Internal Control over Compliance - Other Matters Criteria or Specific Requirement: Per U.S. Department of Education guidelines for the Fiscal Operations Report and Application to Participate (FISAP), institutions must accurately report tuition and fees in Part II, Section E, Line 22 based on official institutional records and applicable accounting standards. Condition/Context: During our testing of the FISAP submission for the SFA fund, we noted that Part II (Application), Section E, Line 22: Total Tuition and Fees did not contain correct information. Questioned Costs: None. Cause: The University's internal controls did not identify the errors for compliance with the criteria mentioned above. Effect: Inaccurate information of institutional financial data is reported to the Department of Education, which may trigger additional compliance reviews. Repeat Finding: No. Recommendation: We recommend the University review its reporting procedures to ensure that key line items are reviewed and accurately reported to Department of Education as required by regulations. Views of Responsible Officials: Please refer to the attached corrective action plan.