Finding 1098841 (2024-001)

U.S Department of Education: TEACH Grant, Assistance Listing 84.379 Criteria: The University must comply with 36 CFR Section 686.31(e). Condition: We tested one TEACH Grant recipient for eligibility and noted that for the Fall 2023 semester, the student was not notified of their right to cancel their TEACH Grant, or the procedure and time by which the student or parent must notify the institution that he or she wishes to cancel the TEACH Grant or TEACH Grant disbursement. Cause: The University did not have a procedure in place to properly notify students or parents of their right to cancel their TEACH Grant or procedures and time by which the student or parent must notify the institution that he or she wishes to cancel their TEACH Grant or TEACH Grant disbursement. Effect: The provisions of 36 CFR Section 686.31(e) were not followed and thus the student was not notified of their right to cancel their TEACH Grant, or the procedures and time by which the student or parent must notify the institution that he or she wishes to cancel the TEACH Grant or TEACH Grant disbursement. Questioned Costs: There were no questioned costs associated with this finding. Recommendation: We recommend that the University update their notification to students or parents to include wording about the right to cancel their TEACH Grant and the procedures and time by which the student or parent must notify the institution that he or she wishes to cancel the TEACH Grant or TEACH Grant disbursement. View of responsible officials and planned corrective actions: We agree with this finding and recommendation. A procedure to fully comply with 36 CFR Section 686.31(e) was implemented on January 30, 2024. Notifications were updated to include language about the right to cancel TEACH Grants and the procedures and time by which the student must notify the institution that he or she wishes to cancel the TEACH Grant or TEACH Grant disbursement. See corrective action plan.