FAC Explorer

Finding 1115989 (2024-002)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-03-28
Audit: 350087
Organization: University of Central Oklahoma (OK)
Auditor: Forvis Mazars LLP

AI Summary

  • Core Issue: Two students had incorrect disbursement dates reported, leading to inaccurate information submitted to the U.S. Department of Education.
  • Impacted Requirements: This finding violates reporting criteria outlined in 34 CFR §690.83 and 34 CFR §685.309.
  • Recommended Follow-Up: The University should strengthen controls around reporting to ensure all disbursement information is accurate.

Finding Text

Federal Program – Student Financial Assistance Cluster – Assistance Listing Numbers 84.063 and 84.268 – U.S. Department of Education (ED) Program Year 2023-2024 Criteria or Specific Requirement – Reporting – 34 CFR §690.83 and 34 CFR §685.309 Condition – Two students had incorrect disbursement information reported. Questioned Costs – N/A Context – Out of a population of 6,385 students with disbursements during the Spring and Fall semesters of the 2024 aid year, 25 were selected for testing. Of those students, two had the incorrect disbursement date reported. Our sample was not, and was not intended to be, statistically valid. Effect – The University reported inaccurate information and, as such, ED was not provided accurate information. Cause – The University did not have appropriate controls in place to ensure accurate reporting. Identification as a Repeat Finding, if Applicable – N/A Recommendation – The University should ensure the design and appropriate operating effectiveness of controls surrounding reporting to ensure that all disbursement information is reported accurately. Views of Responsible Officials and Planned Corrective Actions – Management agrees with the finding.

Categories

Reporting

Other Findings in this Audit

  • 539545 2024-001
    Material Weakness
  • 539546 2024-001
    Material Weakness
  • 539547 2024-002
    Significant Deficiency
  • 539548 2024-002
    Significant Deficiency
  • 1115987 2024-001
    Material Weakness
  • 1115988 2024-001
    Material Weakness
  • 1115990 2024-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $37.48M
84.063 Federal Pell Grant Program $20.75M
84.334 Gaining Early Awareness and Readiness for Undergraduate Programs $759,632
84.038 Federal Perkins Loan Program_federal Capital Contributions $592,113
84.033 Federal Work-Study Program $556,634
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $489,343
84.007 Federal Supplemental Educational Opportunity Grants $484,344
84.217 Trio McNair Post-Baccalaureate Achievement $271,257
84.044 Trio Talent Search $256,394
84.066 Trio Educational Opportunity Centers $249,433
84.042 Trio Student Support Services $245,372
84.047 Trio Upward Bound $229,505
84.103 Trio Staff Training Program $219,527
21.027 Coronavirus State and Local Fiscal Recovery Funds $198,821
97.132 Financial Assistance for Targeted Violence and Terrorism Prevention $180,342
93.879 Medical Library Assistance $81,524
20.616 National Priority Safety Programs $81,270
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $79,207
93.788 Opioid Str $74,186
45.162 Promotion of the Humanities Teaching and Learning Resources and Curriculum Development $54,631
47.074 Biological Sciences $39,988
10.326 Capacity Building for Non-Land Grant Colleges of Agriculture (nlgca) $36,506
16.525 Grants to Reduce Domestic Violence, Dating Violence, Sexual Assault, and Stalking on Campus $36,391
93.043 Special Programs for the Aging, Title Iii, Part D, Disease Prevention and Health Promotion Services $32,297
10.310 Agriculture and Food Research Initiative (afri) $30,679
15.611 Wildlife Restoration and Basic Hunter Education and Safety $16,865
47.084 Nsf Technology, Innovation, and Partnerships $10,000
47.083 Integrative Activities $9,071
19.021 Investing in People in the Middle East and North Africa $7,246
15.605 Sport Fish Restoration $7,146
64.034 Va Grants for Adaptive Sports Programs for Disabled Veterans and Disabled Members of the Armed Forces $6,014
84.425 Education Stabilization Fund $5,410
45.025 Promotion of the Arts Partnership Agreements $2,000
45.129 Promotion of the Humanities Federal/state Partnership $1,329
47.076 Stem Education (formerly Education and Human Resources) $1,278
93.859 Biomedical Research and Research Training $13