Finding 1079008 (2023-001)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-10-11

AI Summary

  • Core Issue: Enrollment status reporting was inaccurate and not submitted on time, affecting eight students.
  • Impacted Requirements: Institutions must report enrollment updates within fifteen days as per federal regulations.
  • Recommended Follow-Up: Update NSLDS with correct enrollment dates and enhance controls in the Financial Aid department.

Finding Text

FINDING 2023-001: Inaccurate and Untimely Enrollment Status Reporting FEDERAL AGENCY: U.S. DEPARTMENT OF EDUCATION PROGRAM NAME: SFA CLUSTER ALN: 84.268 FEDERAL AWARD YEAR: 2022-2023, 2023-2024 Compliance Requirement: Special Tests and Provisions - Reporting (L.) Criteria: Institutions are required to provide enrollment update responses to the Enrollment Reporting Roster File within fifteen days of receipt (34 CFR 685.309). Condition: We tested thirty-seven files and enrollment status effective dates were either incorrectly reported or not reported to the National Student Loan Data System (NSLDS) for eight students. Additionally, the Institution did not provide enrollment update responses in a timely manner for the months of March 2023 and July 2023. Cause: The condition was caused by oversights within the Financial Aid department. Effect or Potential Effect: The result is the Department of Education was not made aware of the changes in student statuses in a timely manner and students’ enrollment dates were reported to NSLDS inaccurately or were missing. Questioned Costs: N/A Recommendation: We recommend the Institution update the effective dates in NSLDS and increase controls over enrollment reporting. Views of Responsible Officials: Management agrees with the finding. Part C has not been submitted for this finding as it does not apply.

Categories

Reporting Special Tests & Provisions Student Financial Aid Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 502566 2023-001
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $1.07M