Finding 1131233 (2024-002)

Finding 2024-002 – Student Financial Aid Cluster, Assistance Listing # 84.063 and 84.268 Compliance Requirement: Special Test and Provisions – Enrollment Reporting Condition: The University did not send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the National Student Loan Data System (“NSLDS”) within 60 days of the change. Criteria: The University is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the NSLDS within 60 days of the change. Cause: The University had not reported changes of statuses of students to the NSLDS as required under the Uniform Grant Guidance for the year ended June 30, 2024. The status information reported in the University’s system, Jenzabar, was incorrectly extracted for the submission to the National Student Clearinghouse and NSLDS, which created discrepancies between the statuses. The University did not have another monitoring mechanism in place that would have alerted them to this deficiency in the system reporting. Context: The University sent six changes related to graduated students to the NSLDS with incorrect statuses and updated the status after 60 days. Additionally, the University submitted the status change related to one withdrawn student after 60 days. Effect: The University did not report status changes to the NSLDS accurately or timely. Recommendation: The University should put in place a process to timely capture status changes so that they can be reported to the NSLDS. Management Response: The University concurs with this finding. Corrective Action Plan: See attached management’s corrective action plan.