Finding 1115603 (2024-004)

Significant Deficiency
Requirement
N
Questioned Costs
$1
Year
2024
Accepted
2025-03-28
Audit: 349884
Organization: Felician University (NJ)

AI Summary

  • Core Issue: The University failed to accurately calculate R2T4 for two students by not considering scheduled breaks and using an incorrect withdrawal date.
  • Impacted Requirements: Compliance with 34 CFR 668.22 regarding the calculation of Federal Student Aid earned, specifically excluding breaks from attendance.
  • Recommended Follow-up: Implement a review process to ensure R2T4 calculations correctly account for scheduled breaks and accurate withdrawal dates.

Finding Text

Federal Agency: U.S. Department of Education Federal Program Name: Federal Supplemental Educational Opportunity Grants; Federal Work Study Program; Federal Pell Grant Program; Federal Direct Student Loans Assistance Listing Number: 84.007; 84.033; 84.063; 84.268 Federal Award Identification Number and Year: P007A242562; P033A242562; P063P241812; P063Q231812; P268K251812 - 2024 Award Period: July 01, 2023 - June 30, 2024 Type of Finding: • Significant Deficiency in Internal Control over Compliance, Other Matters Criteria or specific requirement: Once a student’s withdrawal date is determined, a school needs to calculate the percentage of the payment period of enrollment completed. Institutionally scheduled breaks of five or more consecutive days are excluded from the R2T4 calculation as periods of nonattendance and, therefore, do not affect the calculation of the amount of Federal Student Aid earned (34 CFR 668.22(f)(2)(i)). The Code of Federal Regulations, 34 CFR 668.22 defines the last date of attendance for schools that are required to take attendance and those that are not required. Condition: During our testing, we observed that the University's process failed to properly account for scheduled breaks in the R2T4 calculations for two students. Additionally, an incorrect withdrawal date was used in one student's R2T4 calculation. Questioned costs: $3,370 Context: During our testing of 22 students, we identified two instances where the University's R2T4 calculations did not correctly factor in scheduled breaks. Additionally, one student's R2T4 calculation was performed using an incorrect withdrawal date. Cause: The University did not have a review process in place to ensure scheduled breaks were properly factored into the R2T4 calculations or that the correct withdrawal date was used. Effect: The University is not performing an accurate R2T4 calculation in accordance with Department of Education guidelines. Repeat finding: No. Recommendation: We recommend that the University review the R2T4 requirements and implement procedures to ensure that scheduled breaks and correct withdrawal dates are properly factored into the calculations. Views of responsible officials: There is no disagreement with the audit finding.

Categories

Questioned Costs Student Financial Aid Matching / Level of Effort / Earmarking Internal Control / Segregation of Duties Significant Deficiency

Other Findings in this Audit

  • 539152 2024-001
    Material Weakness Repeat
  • 539153 2024-001
    Material Weakness Repeat
  • 539154 2024-002
    Significant Deficiency Repeat
  • 539155 2024-002
    Significant Deficiency Repeat
  • 539156 2024-003
    Significant Deficiency
  • 539157 2024-003
    Significant Deficiency
  • 539158 2024-003
    Significant Deficiency
  • 539159 2024-003
    Significant Deficiency
  • 539160 2024-004
    Significant Deficiency
  • 539161 2024-004
    Significant Deficiency
  • 539162 2024-004
    Significant Deficiency
  • 539163 2024-004
    Significant Deficiency
  • 539164 2024-005
    Significant Deficiency Repeat
  • 539165 2024-006
    Material Weakness
  • 1115594 2024-001
    Material Weakness Repeat
  • 1115595 2024-001
    Material Weakness Repeat
  • 1115596 2024-002
    Significant Deficiency Repeat
  • 1115597 2024-002
    Significant Deficiency Repeat
  • 1115598 2024-003
    Significant Deficiency
  • 1115599 2024-003
    Significant Deficiency
  • 1115600 2024-003
    Significant Deficiency
  • 1115601 2024-003
    Significant Deficiency
  • 1115602 2024-004
    Significant Deficiency
  • 1115604 2024-004
    Significant Deficiency
  • 1115605 2024-004
    Significant Deficiency
  • 1115606 2024-005
    Significant Deficiency Repeat
  • 1115607 2024-006
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $12.78M
84.063 Federal Pell Grant Program $5.78M
11.028 Connecting Minority Communities Pilot Program $1.64M
84.007 Federal Supplemental Educational Opportunity Grants $358,880
47.076 Stem Education (formerly Education and Human Resources) $191,500
84.031 Higher Education Institutional Aid $176,502
84.033 Federal Work-Study Program $112,051
47.075 Social, Behavioral, and Economic Sciences $84,894
16.525 Grants to Reduce Domestic Violence, Dating Violence, Sexual Assault, and Stalking on Campus $68,039
45.162 Promotion of the Humanities Teaching and Learning Resources and Curriculum Development $12,609