Audit 400035

FY End
2025-08-31
Total Expended
$27.76M
Findings
7
Programs
6
Year: 2025 Accepted: 2026-04-29
Auditor: SIKICH CPA LLC

Organization Exclusion Status:

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Findings

ID Ref Severity Repeat Requirement
1210764 2025-001 Material Weakness Yes N
1210765 2025-001 Material Weakness Yes N
1210766 2025-001 Material Weakness Yes N
1210767 2025-001 Material Weakness Yes N
1210768 2025-001 Material Weakness Yes N
1210769 2025-001 Material Weakness Yes N
1210770 2025-001 Material Weakness Yes N

Programs

ALN Program Spent Major Findings
84.038 FEDERAL PERKINS LOAN PROGRAM $548,190 Yes 1
64.028 POST-9/11 VETERANS EDUCATIONAL ASSISTANCE $286,245 Yes 0
84.033 FEDERAL WORK-STUDY PROGRAM $231,322 Yes 1
84.063 FEDERAL PELL GRANT PROGRAM $65,101 Yes 1
84.268 FEDERAL DIRECT STUDENT LOANS $16,249 Yes 1
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $14,500 Yes 1

Contacts

Name Title Type
RLXUNBXAH9G1 Ron Menching Auditee
6308896609 Jennifer Casacchia Auditor
No contacts on file

Notes to SEFA

The University had the following loan balances outstanding at August 31, 2025: Federal Perkins Loans Program 84.038 $ 417,137 As of August 31, 2024, the University had loans outstanding under the Federal Perkins Loans Program totaling $548,190. During the year ended August 31, 2025, the University awarded new loans to students totaling $0. The University maintains an administrative cost allowance of $66,199 at the year ended August 31, 2025. The authority to make new Perkins Loans ended September 30, 2017, with disbursements permitted through June 30, 2018 for students with existing Perkins Loans therefore, Perkins Loans advanced during the 2024-2025 award year amounted to $0. During the year ended August 31, 2025, students and their parents were awarded $26,618,886 of federally guaranteed loans under the Federal Direct Student Loans program. The University is responsible only for the performance of certain administrative duties with respect to the federally guaranteed direct student loan programs and, accordingly, balances and transactions relating to the Federal Direct Student Loan program are not included in the University’s basic financial statements. Therefore, it is not practical to determine the balances of the loans outstanding to students and former students of the University at August 31, 2025.
National University of Health Sciences did not receive any federal insurance or federal noncash assistance. The University did not provide any funds to sub recipients.

Finding Details

2025-001: Improper Reporting of Enrollment Status’s to the National Student Clearinghouse - Year Ended Augst 31, 2025 - Student Financial Aid Cluster - ALN#s 84.007, 84.033, 84.063, and 84.268 Criteria: According to 34 CFR 685.309 (b), schools must update enrollment data for students and report to the Secretary in a manner of prescribed format within the required timeframe of sixty days after a student has graduated, ceased attendance or enrolled less than half-time Condition/Context: During our Enrollment Status Changes testing, we selected forty students for our sample. In our sample of forty we tested twenty graduated students to verify that they were reported within sixty days and we tested twenty current students to note that their student status is reported correctly. We noted that the University submitted one of the forty students we selected as full-time when they were enrolled as three-quarters time. We consider this finding to be an instance of noncompliance relating to the Special Tests and Provisions Compliance Requirement. Statistical sampling was not used in making sample selections. Effect: A student who was three-quarters for the Spring 2025 term was misreported as fulltime to the National Student Clearinghouse. Cause: While the University was reporting to the Clearinghouse, the system incorrectly categorized the student as full-time. Recommendation: We recommend the University continue to work with the department responsible for the enrollment status submissions to ensure that accurate reporting to the National Student Clearinghouse continues. Views of Responsible Officials: Management agrees with the finding and response is included in the Corrective Action Plan.