Finding Text
Reporting
Student Financial Assistance Cluster – AL 84.007, 84.063 and 84.268
US Department of Education
Significant Deficiency and Nonmaterial Noncompliance
Criteria or specific requirements
34 CFR 673.3:
To participate in the FWS, or FSEOG programs, an institution shall file an application before the deadline
date established annually by the Secretary through publication of a notice in the Federal Register.
ED Form 646-1, Fiscal Operations Report and Application to Participate (FISAP) (OMB No. 1845-0030) –
This electronic report is submitted annually to receive funds for the campus-based programs. The data is
used in conjunction with institutional program reviews to assess the administrative capability and
compliance of the College.
Condition
The College did not retain supporting evidence utilized for reporting certain critical information within the
FISAP including:
Total number of students
Total tuition and fees
Information on eligible applicants
Cause
The College did not have a process in place to retain supporting documentation of figures within the
report nor evidence of review of these reports.
Effect
The College is not in compliance with the Federal requirement described in the OMB Compliance
Supplement.
Questioned costs
None identified. Context
The College lacked evidence to support figures reported in the FISAP. Auditor examined key line items
listed in the Compliance Supplement and was unable to trace 3 of 6 applicable items to supporting
records.
Identification as a repeat finding
Previously reported as finding 2023-005.
Recommendation
It is recommended the College should establish effective controls and processes to ensure that reporting
of FISAP figures are properly supported and any evidence of review is maintained.
View of responsible officials and corrective action plan
Management agrees with the finding. Please see separate Corrective Action Plan for procedures to be
implemented.