Finding 1148257 (2024-009)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-07-23
Audit: 362826
Auditor: Rbt CPAS

AI Summary

  • Core Issue: The College's Satisfactory Academic Progress policy is missing key elements required by federal regulations.
  • Impacted Requirements: The policy does not specify evaluation timing, procedures for students in warning status, or notification processes, violating 34 CFR 668.16(e) and 668.34.
  • Recommended Follow-up: Update the policy to include all necessary criteria and establish a regular review process to ensure ongoing compliance.

Finding Text

Finding 2024-009 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: Repeat of 2023-013 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.

Categories

Eligibility

Other Findings in this Audit

  • 571814 2024-008
    Material Weakness Repeat
  • 571815 2024-009
    Material Weakness Repeat
  • 571816 2024-010
    Material Weakness
  • 1148256 2024-008
    Material Weakness Repeat
  • 1148258 2024-010
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.063 Federal Pell Grant Program $2.69M
84.268 Federal Direct Student Loans $1.29M
84.038 Federal Perkins Loan Program_federal Capital Contributions $242,629
84.048 Career and Technical Education -- Basic Grants to States $150,273
84.425 Education Stabilization Fund $135,234
84.033 Federal Work-Study Program $46,052
84.007 Federal Supplemental Educational Opportunity Grants $39,350