FAC Explorer

Audit 400332

FY End
2025-07-31
Total Expended
$119.37M
Findings
6
Programs
4
Organization: Ana G. Mendez University, Inc. (FL)
Year: 2025 Accepted: 2026-04-30
Auditor: FORVIS MAZARS LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1211076 2025-002 Material Weakness Yes N
1211077 2025-002 Material Weakness Yes N
1211078 2025-002 Material Weakness Yes N
1211079 2025-003 Material Weakness Yes N
1211080 2025-003 Material Weakness Yes N
1211081 2025-003 Material Weakness Yes N

Programs

ALN Program Spent Major Findings
84.268 FEDERAL DIRECT STUDENT LOANS $93.18M Yes 2
84.063 FEDERAL PELL GRANT PROGRAM $25.88M Yes 2
84.120 MINORITY SCIENCE AND ENGINEERING IMPROVEMENT $170,982 Yes 0
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $146,895 Yes 2

Contacts

Name Title Type
NYT9ZDDT91M9 Carmelo Torres Auditee
7877513889 Steve Whetstine Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Ana G. Méndez University, Inc. (“University”) under programs of the federal government for the year ended July 31, 2025. 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 University, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the University.
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.
The University has elected not to use the de minimis indirect cost rate allowed under the Uniform Guidance.
For purposes of the Schedule, loans made to students under the Federal Direct Student Loans program are presented as federal expenditures. Neither the funds assigned to students, nor the outstanding loan balance are included in the financial statements, since the loans are made by and subsequently collected by the federal government.

Finding Details

Finding 2025-002
Finding Student Financial Assistance Cluster, ALN 84. 268 Federal Direct Student Loans, ALN 84.063 Federal Pell Grant Program, ALN 84.007 Federal Supplemental Educational Opportunity Grants, U.S. Department of Education Program Year 2024-2025 Criteria or specific requirement: Special Tests: Return of Title IV Funds 34 CFR Section 668.22 Condition: The University's Office of Financial Aid failed to identify students who officially or unofficially withdrew and therefore, refunds were not remitted timely for these students. Cause: Incomplete implementation, configuration, and automation within the AGMU’s information system (Anthology). This situation was exacerbated by several personnel changes within the Financial Aid Office and the Bursar’s Office. Finally, the Institution did not perform internal audits or similar reviews to confirm student eligibility once initial determinations of eligibility were made. Effect or potential effect: The calculation of funds to be returned was calculated incorrectly and funds were not made back to the lender within the required timeframe. Questioned costs: $21,048 Context: Out of a population of 1,119 official and unofficial withdrawals of students who received Student Financial Assistance, a sample of 60 student withdrawals were selected for testing. Our sample was not and was not intended to be statistically valid. For 6 of the student withdrawals tested, the calculation of funds to be returned was calculated incorrectly and funds were not made back to the lender within the required timeframe. Identification as a repeat finding: N/A Recommendation: We recommend that management implement controls that prevent, detect, or correct errors related to the Return of Title IV calculations and repay owed funds. Views of responsible officials and planned corrective actions: Management agrees with this finding based on the above criterion. Please refer to the Corrective Action Plan.
Finding 2025-003
Finding Student Financial Assistance Cluster, ALN 84. 268 Federal Direct Student Loans, ALN 84.063 Federal Pell Grant Program, ALN 84.007 Federal Supplemental Educational Opportunity Grants, U.S. Department of Education Program Year 2024-2025 Criteria or specific requirement: Special Tests: Enrollment Reporting 34 CFR Section 690.83 (b)(2) and 685.309 Condition: There were student enrollment changes during the year that were not properly communicated to the National Student Loan Data System (NSLDS). Cause: Incomplete implementation, configuration, and automation within the AGMU’s information system (Anthology). This situation was exacerbated by several personnel changes within the Financial Aid Office and the Bursar’s Office. Finally, the Institution did not perform internal audits or similar reviews to confirm student eligibility once initial determinations of eligibility were made. Effect or potential effect: Untimely reporting of enrollment status changes may result in incorrect loan repayment statuses for borrowers. Questioned costs: N/A Context: Out of a population of 3,027 student enrollment status changes requiring notification transmitted to NSLDS, a sample of 60 student enrollment status changes were selected for testing. Our sample was not and was not intended to be statistically valid. 7 students had enrollment changes that were not properly reported. Errors include not reporting within the 60-day requirement. Identification as a repeat finding: N/A Recommendation: The University should review processes and controls around enrollment reporting and consider changes to address this finding. Views of responsible officials and planned corrective actions: Management agrees with this finding based on the above criterion. Please refer to the Corrective Action Plan.