Finding 1123535 (2024-003)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-03-31
Audit: 351446
Organization: Alverno College (WI)

AI Summary

  • Core Issue: The College failed to report changes in student status to NSLDS within the required 60 days, despite timely reporting to NSC.
  • Impacted Requirements: Internal controls over compliance for enrollment reporting were ineffective, leading to potential noncompliance with ED regulations.
  • Recommended Follow-Up: Review and strengthen internal controls to ensure timely reporting of student status changes to NSLDS.

Finding Text

2024-003 Agency: U.S. Department of Education Assistance Listing Numbers: 84.007, 84.033, 84.038, 84.063, 84.268 and 84.379 Programs: Student Financial Assistance Cluster Federal Award Identification Number: Various Federal Award Year: June 30, 2024 Criteria: The College is responsible for designing, implementing and maintaining internal controlover compliance for special tests and provisions and for accurately reporting significant data elements under the Campus-Level and Program-Level records within the National Student Loan Data System (NSLDS) that the Department of Education (ED) considers high risk. Condition: Management's review of the enrollment reporting did not detect that 3 student's change in status, while reported to their third party servicer – the National Student Clearinghouse (NSC), was not reported to NSLDS within the 60 day required timeframe. Questioned Costs: The amount of known questioned costs could not be determined. Context: We tested 26 students that had a change in status. All students had their change in status reported to NSC for timely reporting. However, of the 26 student, 3 student's change in status did not make it to NSLDS within the required 60 day timeframe. The College is responsible for timely reporting to NSLDS, whether they report directly or via a third-party servicer. The sample was not statistically valid. Cause: The College's internal control over compliance for enrollment and special tests were not operating effectively which led to noncompliance. Effect: The information for 3 of 26 tested students was reported accurately reported to NSC however the information was not reported within NSLDS timely which is information that ED considers high risk and the College's internal controls over compliance did not detect the errors. Recommendation: We recommend the College review internal controls over enrollment reporting to ensure student change status changes get reported to NSLDS timely. Management's Response: Management agrees and has implemented necessary procedures and management oversight to meet the requirements.

Categories

Internal Control / Segregation of Duties Special Tests & Provisions Student Financial Aid Reporting Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 547079 2024-001
    Significant Deficiency
  • 547080 2024-001
    Significant Deficiency
  • 547081 2024-001
    Significant Deficiency
  • 547082 2024-001
    Significant Deficiency
  • 547083 2024-001
    Significant Deficiency
  • 547084 2024-001
    Significant Deficiency
  • 547085 2024-002
    Significant Deficiency
  • 547086 2024-002
    Significant Deficiency
  • 547087 2024-002
    Significant Deficiency
  • 547088 2024-002
    Significant Deficiency
  • 547089 2024-002
    Significant Deficiency
  • 547090 2024-002
    Significant Deficiency
  • 547091 2024-003
    Significant Deficiency
  • 547092 2024-003
    Significant Deficiency
  • 547093 2024-003
    Significant Deficiency
  • 547094 2024-003
    Significant Deficiency
  • 547095 2024-003
    Significant Deficiency
  • 547096 2024-003
    Significant Deficiency
  • 1123521 2024-001
    Significant Deficiency
  • 1123522 2024-001
    Significant Deficiency
  • 1123523 2024-001
    Significant Deficiency
  • 1123524 2024-001
    Significant Deficiency
  • 1123525 2024-001
    Significant Deficiency
  • 1123526 2024-001
    Significant Deficiency
  • 1123527 2024-002
    Significant Deficiency
  • 1123528 2024-002
    Significant Deficiency
  • 1123529 2024-002
    Significant Deficiency
  • 1123530 2024-002
    Significant Deficiency
  • 1123531 2024-002
    Significant Deficiency
  • 1123532 2024-002
    Significant Deficiency
  • 1123533 2024-003
    Significant Deficiency
  • 1123534 2024-003
    Significant Deficiency
  • 1123536 2024-003
    Significant Deficiency
  • 1123537 2024-003
    Significant Deficiency
  • 1123538 2024-003
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $19.30M
84.063 Federal Pell Grant Program $2.33M
84.031 Strengthening Institutions Program $411,204
84.033 Federal Work-Study Program $352,758
84.184 Mental Health Service Professional Demonstration Grant Program $332,874
47.076 Retention, Graduation, and Entry of Women Into Stem Careers $270,701
84.038 Federal Perkins Loan Program $266,924
43.008 National Aeronautics and Space Administration $161,703
47.074 New Futures in Science and Mathematics: Supporting Engagement $126,257
84.335 Clasp: Childcare for Low-Income Alverno Student Parents $86,646
84.325 Special Education - Personnel Development to Improve Services and Results for Children with Disabilities $76,707
84.007 Federal Supplemental Educational Opportunity Grants $62,163
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $14,858