Finding 1106348 (2024-004)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-03-25
Audit: 347939
Organization: Northeastern Technical College (SC)

AI Summary

  • Core Issue: The College did not report student status changes to the NSLDS on time in 3 out of 60 cases.
  • Impacted Requirements: This violates Title IV regulations requiring timely reporting within 60 days.
  • Recommended Follow-Up: The College should update its policies to ensure timely reviews and submissions of enrollment changes.

Finding Text

2024-004. Enrollment Reporting AL#: 84.033, 84.007, 84.063 Student Financial Aid Cluster Award Year: 2024 Criteria: Title IV requires institutions to complete and report within a minimum of 60 days student status changes to the National Student Loan Data System (NSLDS). Condition and cause: During the fiscal year 2024, the College failed to timely report student status changes to the NSLDS in 3 out of a total of 60 instances within the required timeframe. Context: We addressed the matter with the College management who are aware of the enrollment reporting requirements to the National Student Loan Data System. Effect: Failure to properly review and adhere to policies and procedures can lead to noncompliance and the misappropriation of federal funds that are not detected during the normal course of business. Recommendation: We recommend the College review and update its policies and procedures to ensure all enrollment status changes are reviewed and submitted in a timely manner in accordance with federal requirements. View of Management and Planned Corrective Action: We concur with the finding. The College is in the process of implementing controls and procedures to ensure that all student enrollment status changes are reviewed and submitted in accordance with applicable compliance requirements.

Categories

Student Financial Aid Matching / Level of Effort / Earmarking Reporting

Other Findings in this Audit

  • 529905 2024-004
    Significant Deficiency
  • 529906 2024-004
    Significant Deficiency
  • 529907 2024-004
    Significant Deficiency
  • 1106347 2024-004
    Significant Deficiency
  • 1106349 2024-004
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
11.307 Economic Adjustment Assistance $3.34M
84.063 Federal Pell Grant Program $2.47M
84.425 Education Stabilization Fund $518,662
10.855 Distance Learning and Telemedicine Loans and Grants $380,642
17.261 Workforce Data Quality Initiative (wdqi) $292,169
84.048 Career and Technical Education -- Basic Grants to States $152,370
84.007 Federal Supplemental Educational Opportunity Grants $140,675
17.268 H-1b Job Training Grants $79,675
10.561 State Administrative Matching Grants for the Supplemental Nutrition Assistance Program $76,814
84.116 Fund for the Improvement of Postsecondary Education $52,822
84.033 Federal Work-Study Program $43,647
47.076 Stem Education (formerly Education and Human Resources) $4,867
84.335 Child Care Access Means Parents in School $1,804