Finding Text
U.S. Department of Education Student Financial Aid Cluster 84.007, 84.033, 84.063, 84.268, 84.038 84.038 does not have a FAIN # on the USASpending.gov website P007A222975, P033A222975, P063P221903, P268K231903 Requirements: (N9) Satisfactory Academic Progress Condition: The College’s written standards for measuring whether eligible students are maintaining satisfactory academic progress in their educational program did not contain all of the elements described in federal regulations. Criteria: Per 34 CFR 668.16(e), the College must establish and publish reasonable standards for measuring whether eligible students are maintaining satisfactory academic progress in their educational program. This policy should meet the requirements in 34 CFR 668.34. Cause: The College standards did not state when academic progress will be evaluated, state procedures for disbursements to students in a warning status, or provide for notification to students of the results of an evaluation that impacts eligibility, because management does not have a procedure to compare its policies to the criteria contained in the regulations. Effect: The College’s Satisfactory Academic Progress policy does not meet all of the criteria to be considered reasonable. Repeat Finding: Not a repeat finding Recommendation: RBT suggests that the College update its Satisfactory Academic Progress policy to include all required criteria. We also recommend implementing a procedure to periodically review the policy to ensure it continues to meet the minimum requirements. Perspective: This issue impacts all student financial aid cluster programs. Management’s Response: See corrective action plan.