Finding 1123395 (2024-001)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-03-31
Audit: 351333
Organization: Furman University (SC)

AI Summary

  • Core Issue: The University failed to report student status changes to the NSLDS within the required sixty days, leading to potential inaccuracies in student financial aid records.
  • Impacted Requirements: Compliance with federal regulations for reporting enrollment information under the Pell Grant and Direct Loan programs was not met, specifically regarding timely updates to the NSLDS.
  • Recommended Follow-Up: The University should review and improve its reporting procedures to ensure accurate and timely submission of student status changes to NSLDS.

Finding Text

Federal agency: Department of Education Federal program title: Student Financial Aid Cluster CFDA Numbers: 84.268 – Federal Direct Student Loans Award Period: July 1, 2023 through June 30, 2024 Type of Finding: Significant Deficiency in Internal Control over Compliance (Other Matters) Criteria or specific requirement: Institutions are required to report enrollment information under the Pell grant and the Direct loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035) (Pell, 34 CFR 690.83(b)(2); Direct Loan, 34 CFR 685.309). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website. There are two categories of enrollment information; “Campus Level” and “Program Level,” both of which need to be reported accurately and have separate record types. The NSLDS Enrollment Reporting Guide provides the requirements and guidance for reporting enrollment details using the NSLDS Enrollment Reporting Process. Condition: Under an institution’s Program Participation Agreement with the Department of Education and the Gramm-Leach-Bliley Act (GLBA), schools must protect student financial aid information, with particular attention to information provided to institutions by the Department or otherwise obtained in support of the administration of the federal student financial aid programs. Questioned costs: None Context: During our testing of the Direct Loan and Pell Grant programs, we selected a sample of 40 students to test for timeliness and accurate reporting of student status changes to the National Student Loan Data System (NSLDS). Twenty-one instances where the student's change in statuses were not certified and/or received by NSLDS within the required sixty days. Cause: The University’s processes and controls did not ensure that student status changes were properly reported to NSLDS within the required sixty days. Effect: The NSLDS system is not updated with the student information in time which can cause over awarding should the student transfer to another institution and the students may not properly enter the repayment period. Repeat finding: No Recommendation: We recommend the University review its reporting procedures to ensure that students’ statuses are accurately reported to NSLDS as required by regulations. Views of responsible officials: There is no disagreement with the audit finding. Management has addressed their corrective action plan in a separately issued letter.

Categories

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

Other Findings in this Audit

  • 546953 2024-001
    Significant Deficiency
  • 546954 2024-002
    Significant Deficiency
  • 1123396 2024-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $9.13M
84.063 Federal Pell Grant Program $1.69M
43.001 Science $447,652
84.033 Federal Work-Study Program $162,248
93.859 Biomedical Research and Research Training $101,288
94.006 Americorps State and National 94.006 $98,983
93.847 Diabetes, Digestive, and Kidney Diseases Extramural Research $90,655
93.137 Community Programs to Improve Minority Health Grant Program $70,934
93.395 Cancer Treatment Research $68,436
93.912 Rural Health Care Services Outreach, Rural Health Network Development and Small Health Care Provider Quality Improvement $67,140
11.431 Climate and Atmospheric Research $63,897
10.525 Farm and Ranch Stress Assistance Network Competitive Grants Program $57,665
93.243 Substance Abuse and Mental Health Services Projects of Regional and National Significance $55,521
93.304 Racial and Ethnic Approaches to Community Health $46,679
47.074 Biological Sciences $41,290
93.575 Child Care and Development Block Grant $28,781
10.215 Sustainable Agriculture Research and Education $25,271
84.027 Special Education Grants to States $22,125
12.006 National Defense Education Program $21,240
47.076 Stem Education (formerly Education and Human Resources) $20,380
84.007 Federal Supplemental Educational Opportunity Grants $14,636
93.048 Special Programs for the Aging, Title Iv, and Title Ii, Discretionary Projects $11,343
47.083 Integrative Activities $10,277
84.324 Research in Special Education $8,809
45.163 Promotion of the Humanities Professional Development $6,997
43.008 Office of Stem Engagement (ostem) $4,805
93.945 Assistance Programs for Chronic Disease Prevention and Control $4,379
47.049 Mathematical and Physical Sciences $2,778
15.657 Endangered Species Recovery Implementation $2,307
47.075 Social, Behavioral, and Economic Sciences $804