Finding Text
Verification DEPARTMENT OF EDUCATION
ALN #: 84.268
Federal Award Identification #: 2023-2024 Award Year
Condition: As required under 34 CFR 668.56, for students who are flagged for verification, the College is required to obtain underlying tax and other information to verify that amounts are properly reported on the ISIR and correct the ISIR if there are discrepancies.
Criteria: 34 CFR 668.56
Questioned Costs: $5,500
Context: There was one student out of a sample of 25 selected for verification for which the College was not able to locate underlying tax support or number in college/number in family as provided by the student and/or parent.
Cause: Due to turnover and staffing challenges in the financial aid office, the support for this student was unable to be located.
Effect: Need based aid is impacted directly by the results of verification.
Identification as repeat finding, if applicable: Not applicable
Recommendation: We recommend the College periodically review verification completed for students with need-based aid to ensure all required documentation is properly maintained.
Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.