Finding 1097146 (2024-001)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-01-29
Audit: 340442
Organization: San Joaquin College of Law (CA)

AI Summary

  • Core Issue: Enrollment data for one student was not updated accurately or on time in the NSLDS.
  • Impacted Requirements: Compliance with 34 CFR 685.309(b)(2) and OMB guidelines for timely enrollment status updates.
  • Recommended Follow-Up: San Joaquin College of Law should establish a control to ensure regular verification and certification of student enrollment data.

Finding Text

Condition: Enrollment data was not accurately and timely updated within the National Student Loan Data System (NSLDS) for one of the students tested. The auditor tested a sample of eleven students for this compliance requirement. Effect: NSLDS is required to update a students’ enrollment status within their system once they receive information from Central Origination and Disbursement (COD) that a loan has been originated for that student. If the NSLDS is not updated properly, it could incorrectly cause the student’s loan to be put into repayment status early, causing them to miss out on loan payment deferment that they are entitled to while enrolled as a student at an institute of higher education. Cause: San Joaquin College of Law did not have a control in place to verify all enrolled students with originated loans were included in the enrollment report provided by NSLDS every 60 days. Criteria: 34 CFR 685.309(b)(2) and the OMB Compliance Supplement requires that institutions review, update, and certify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file, provided to the institution by NSLDS every 60 days. Recommendation: We recommend that San Joaquin College of Law implement a control to ensure that they are meeting the requirements to review, update, and certify student enrollment statuses, program information, and effective dates timely and accurately within the NSLDS. Management’s Response: See corrective action plan.

Categories

Student Financial Aid Reporting Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 520704 2024-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $4.03M
84.033 Federal Work-Study Program $81,731