Finding 1076712 (2023-001)

- Repeat Finding
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-09-30
Audit: 323049
Organization: Helene Fuld College of Nursing (NY)
Auditor: Uhy LLP

AI Summary

  • Core Issue: The College failed to report enrollment changes for 2 out of 28 students within the required 60-day timeframe.
  • Impacted Requirements: Compliance with federal reporting requirements for the Pell Grant and Direct Loan programs was not met.
  • Recommended Follow-up: Establish a procedure to ensure timely documentation and submission of enrollment status changes to NSLDS.

Finding Text

Finding Number 2023-001 CFDA Number: 84.063 Federal Pell Grant Program, 84.268 Federal Direct Student Loans Criteria: Institutions are required to report enrollment information under Pell grant and Direct Loan programs to the NSLDS in the form of Enrollment Reporting Roster files. At a minimum, schools are required to certify enrollment within 60 days. Condition: For 2 out of 28 students tested from March 1, 2023 to December 31, 2023, there is no evidence that the student’s change in enrollment status was reported timely to NSLDS. Cause: The College did not have a procedure in place to ensure that submission every 60 days was properly documented. Effect: There is no evidence that the College was in compliance with federal requirements. Prevalence: 2 out of 28 students tested from January 1, 2023, to December 31, 2023, was not timely reported.

Categories

Student Financial Aid Reporting Matching / Level of Effort / Earmarking

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $5.30M
84.063 Federal Pell Grant Program $1.91M
84.116 Fund for the Improvement of Postsecondary Education $633,708
84.007 Federal Supplemental Educational Opportunity Grants $32,658
84.425 Education Stabilization Fund $4,358