Finding Text
Federal Agency: Department of Education
Federal Program Title: Student Financial Assistance Cluster
Federal Assistance Listing Number: Various
Federal Award Identification Number and Year: N/A
Pass-Through Agency: N/A
Pass-Through Number: N/A
Award Period: July 1, 2022 – June 30, 2023
Type of Finding:
Material Weakness in Internal Control Over Compliance
Other Matters
Criteria or specific requirement: The Code of Federal Regulations, 34 CFR 668.16 requires institutions that participate in the Title IV program to demonstrate administrative capability.
Condition: During our testing of the controls over compliance, we noted the University did not maintain documentation that the controls are being completed.
Questioned costs: None
Context: During our testing, it was noted the University does not have a process in place to ensure proper documentation is maintained to document the controls placed over Title IV programs are being completed timely.
Cause: The University did not have a process in place to document controls are being performed.
Effect: The University is not in compliance with Department of Education requirements over administrative capability.
Repeat finding: No
Auditor’s recommendation: We recommend that the University implement procedures to document and maintain the documentation to support the controls over compliance are not only properly designed but are working.
Views of responsible officials and planned corrective actions: There is no disagreement with the audit finding.