FAC Explorer

Audit 396743

FY End
2025-06-30
Total Expended
$8.23M
Findings
8
Programs
6
Organization: Wisconsin Lutheran College, Inc. (WI)
Year: 2025 Accepted: 2026-03-31
Auditor: SIKICH CPA LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1205086 2025-001 Material Weakness Yes N
1205087 2025-001 Material Weakness Yes N
1205088 2025-001 Material Weakness Yes N
1205089 2025-001 Material Weakness Yes N
1205090 2025-002 Material Weakness Yes L
1205091 2025-002 Material Weakness Yes L
1205092 2025-002 Material Weakness Yes L
1205093 2025-002 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
84.268 FEDERAL DIRECT STUDENT LOANS $5.73M Yes 2
84.063 FEDERAL PELL GRANT PROGRAM $2.25M Yes 2
84.033 FEDERAL WORK-STUDY PROGRAM $141,465 Yes 2
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $44,730 Yes 2
47.074 BIOLOGICAL SCIENCES $43,173 Yes 0
47.076 STEM EDUCATION (FORMERLY EDUCATION AND HUMAN RESOURCES) $21,000 Yes 0

Contacts

Name Title Type
C7LANLZSGEE1 Diane Hoehnke Auditee
4144438627 Ray Krouse Auditor
No contacts on file

Notes to SEFA

For the year ended June 30, 2025 Wisconsin Lutheran College, Inc acted as a pass-through agency for Direct Federal Stafford Loans (subsidized, unsubsidized and PLUS) to students and parents in the amount of $5,728,355.
Wisconsin Lutheran College, Inc. did not receive any federal insurance or federal noncash assistance and did not provide any amounts to sub-recipients.

Finding Details

Finding 2025-001
2025-001 – Student Financial Aid Cluster - (a) 84.007 Federal Supplemental Educational Opportunity Grants (b) 84.033 Federal Work Study Program (c) 84.063 Federal Pell Grant Program (d) 84.268 Federal Direct Student Loans - Year Ended June 30, 2025. Criteria: An institution must use the Return to Title IV refund calculation (34 CFR 668.22). Additionally, The Department of Education requires that all refunds be made within 45 days of a student’s withdrawal (34 CFR 668.22, 685.306). Condition: Sikich tested twenty drop students and found one incorrect refund calculation and one untimely paid refund (10%). We consider this finding to be an instance of non-compliance in relation to Special Tests and Provisions and a repeat of prior year finding 2024-001. Statistical sampling was not used. Questioned Costs: $3,558 Cause: The condition was caused by an oversight in the Financial Aid Department. Effect: The result is the Institution incorrectly and untimely refunded funds to the Department of Education. Recommendation: We recommend the College increase controls over refund calculations. Views of Responsible Officials: Management agrees with this Single Audit Finding.
Finding 2025-002
2025-002 – Student Financial Aid Cluster - (a) 84.007 Federal Supplemental Educational Opportunity Grants (b) 84.033 Federal Work Study Program (c) 84.063 Federal Pell Grant Program (d) 84.268 Federal Direct Student Loans - Year Ended June 30, 2025. Criteria: The College must provide an original signature on the printed form that must be mailed or hand delivered by the first of October deadline date. (34 CFR 668.24). Condition: The College submitted the FISAP to the Department fourteen days after the requirement due to President being out of the country. We consider this to be an instance of noncompliance in relation to Reporting and is not a repeat finding. Statistical sampling was not used. Questioned Costs: N/A Cause: This condition was caused by inadequate controls over Reporting. Effect: The College did not submit the final FISAP totals to the Department of Education in a timely fashion. Recommendation: We recommend that the College puts controls in place to ensure that the FISAP is submitted timely. Views of Responsible Officials: Management agrees with this Single Audit Finding and response is included in the Corrective Action Plan.