Finding 1090181 (2024-003)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
$1
Year
2024
Accepted
2024-12-10

AI Summary

  • Core Issue: The University incorrectly evaluated students for Return of Title IV (R2T4) calculations, leading to potential financial discrepancies.
  • Impacted Requirements: Compliance with 34 CFR 668.21(a) and 2 CFR 200.303 regarding timely return of funds and maintaining internal controls.
  • Recommended Follow-Up: Review and update policies and procedures for R2T4 calculations to ensure accuracy and compliance.

Finding Text

Federal Agency US Department of Education Federal Program Name Student Financial Assistance Cluster Assistance Listing Number 84.007, 84.033, 84.063, 84.268 Federal Award Identification Number and Year P007A233438 - 2024, P033A233438 - 2024, P063P232047 - 2024, P268K242047 - 2024 Pass-Through Agency (if applicable) N/A Pass-Through Number(s) (if applicable) N/A Award Period 7/1/2023-6/30/2024 Compliance Requirement Affected Special Tests and Provisions Type of Finding Internal Control Material Weakness Document judgment for your assessment OPSU was evaluating students with modular courses incorrectly and R2T4 calculations were not being performed during Fall and Spring terms. Compliance Material Document judgment for your assessment Appears to be systemic. Criteria or specific requirement "34 CFR 668.21(a) states that the institution must return all title IV, HEA program funds that were credited to the student's account at the instituion or disbursed directly to the student for th payment period. The instituion must return those funds no later than 30 days after the date that the instituion becomes aware that the student will not or has not begun attendance. Per 2 CFR 200.303, nonfederal entities receiving federal awards are required to establish and maintain internal controls designed to reasonably ensure compliance with federal laws, regulations, and program compliance requirements." Condition The University did not properly evaluate students in need of Return of Title IV (R2T4) calculations. Questioned costs: Known $5,095.00 Likely See Questioned Cost Tab Context "During our testing of 8 R2T4 calculations, we noted that 6 students were incorrectly evaluated as a withdrawal exemption and no R2T4 calculation was performed. For these 6 students, all 6 should have had an R2T4 calculation, and 3 should have had returned funds. Additionally, one R2T4 calculation did not have documentation of review." Cause The University incorrectly evaluated procedures related to module courses and R2T4 calculation exemptions, leading to necessary calculations not being performed. Effect The University could return incorrect amounts based off of their calculations and incorrect calculations could effect student repayment amounts based off of amount earned. Repeat Finding Yes Recommendation We recommend that the University review policies and procedures related to R2T4 calculations to ensure calculations are performed accurately. Views of Responsible Officials Agree

Categories

Questioned Costs Special Tests & Provisions Student Financial Aid Material Weakness Matching / Level of Effort / Earmarking Internal Control / Segregation of Duties

Other Findings in this Audit

  • 513738 2024-002
    Significant Deficiency
  • 513739 2024-003
    Material Weakness Repeat
  • 513740 2024-004
    Significant Deficiency Repeat
  • 513741 2024-002
    Significant Deficiency
  • 513742 2024-003
    Material Weakness Repeat
  • 513743 2024-004
    Significant Deficiency Repeat
  • 513744 2024-002
    Significant Deficiency
  • 513745 2024-003
    Material Weakness Repeat
  • 513746 2024-004
    Significant Deficiency Repeat
  • 513747 2024-005
    Significant Deficiency
  • 513748 2024-006
    Significant Deficiency
  • 513749 2024-002
    Significant Deficiency
  • 513750 2024-003
    Material Weakness Repeat
  • 513751 2024-004
    Significant Deficiency Repeat
  • 1090180 2024-002
    Significant Deficiency
  • 1090182 2024-004
    Significant Deficiency Repeat
  • 1090183 2024-002
    Significant Deficiency
  • 1090184 2024-003
    Material Weakness Repeat
  • 1090185 2024-004
    Significant Deficiency Repeat
  • 1090186 2024-002
    Significant Deficiency
  • 1090187 2024-003
    Material Weakness Repeat
  • 1090188 2024-004
    Significant Deficiency Repeat
  • 1090189 2024-005
    Significant Deficiency
  • 1090190 2024-006
    Significant Deficiency
  • 1090191 2024-002
    Significant Deficiency
  • 1090192 2024-003
    Material Weakness Repeat
  • 1090193 2024-004
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $3.09M
84.063 Federal Pell Grant Program $2.71M
84.031 Higher Education Institutional Aid $950,042
84.047 Trio Upward Bound $344,827
21.027 Coronavirus State and Local Fiscal Recovery Funds $163,840
84.007 Federal Supplemental Educational Opportunity Grants $89,650
84.425 Education Stabilization Fund $54,098
84.033 Federal Work-Study Program $42,337
93.788 Opioid Str $33,516
47.076 Stem Education (formerly Education and Human Resources) $2,456