Finding 1124026 (2024-005)

- Repeat Finding
Requirement
E
Questioned Costs
-
Year
2024
Accepted
2025-03-31
Audit: 351759
Organization: Newberry College (SC)
Auditor: Capincrouse LLC

AI Summary

  • Core Issue: Some students received incorrect Pell Grant amounts due to enrollment level errors.
  • Impacted Requirements: This violates 34 CFR 690.63(b) regarding proper Pell Grant awarding.
  • Recommended Follow-Up: The College should review summer Pell Grant disbursements to align with actual enrollment levels.

Finding Text

Incorrect Pell Calculations DEPARTMENT OF EDUCATION ALN #: 84.063 Federal Award Identification #: 2023-2024 Award Year Condition: Students were not always awarded the proper Pell Grant based on their enrollment level. Criteria: 34 CFR 690.63(b) Questioned Costs: $0 Context: Out of 36 students tested for proper Pell Grant awarding based on enrollment level, there were 3 students who were under-awarded Pell Grant for the Summer 2024 term. Cause: These errors were an oversight by the College. Effect: Pell Grant was not awarded correctly based on enrollment. Identification as repeat finding, if applicable: 2023-005, 2022-003 Recommendation: We recommend that the College review summer Pell Grant disbursements to ensure they reflect the student’s summer enrollment. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.

Categories

Student Financial Aid Internal Control / Segregation of Duties

Other Findings in this Audit

  • 547579 2024-002
    Material Weakness Repeat
  • 547580 2024-003
    Significant Deficiency Repeat
  • 547581 2024-004
    Significant Deficiency
  • 547582 2024-006
    -
  • 547583 2024-002
    Material Weakness Repeat
  • 547584 2024-005
    - Repeat
  • 547585 2024-007
    Significant Deficiency Repeat
  • 1124021 2024-002
    Material Weakness Repeat
  • 1124022 2024-003
    Significant Deficiency Repeat
  • 1124023 2024-004
    Significant Deficiency
  • 1124024 2024-006
    -
  • 1124025 2024-002
    Material Weakness Repeat
  • 1124027 2024-007
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
10.766 Community Facilities Loans and Grants $24.20M
84.268 Federal Direct Student Loans $11.30M
84.063 Federal Pell Grant Program $4.43M
84.007 Federal Supplemental Educational Opportunity Grants $157,021
84.033 Federal Work-Study Program $71,453
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $32,062