Finding 1152767 (2024-001)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-09-12

AI Summary

  • Core Issue: The College lacked a comprehensive information security program as required by the Gramm-Leach-Bliley Act (GLBA) for the fiscal year ending June 30, 2024.
  • Impacted Requirements: The College failed to meet all seven required elements of the GLBA, leading to non-compliance with grant agreement program requirements.
  • Recommended Follow-Up: Management should implement procedures to ensure timely and accurate identification and completion of new requirements.

Finding Text

Criteria or Specific Requirement – Special Tests Gramm-Leach-Bliley Act (GLBA): Per 16 CFR Part 314, the institution is required to develop, implement, and maintain a comprehensive information security program that, at a minimum, addresses all seven required elements included in 16 CFR 314.3(a) and 16 CFR 314.6. Condition – The College did not have a comprehensive information security program that covered all criteria required by the Gramm-Leach-Bliley Act during the fiscal year ended June 30, 2024. Questioned Costs - None noted. Context – We reviewed the College’s comprehensive information security program noting that it addressed all required elements, however, this program was not implemented during the fiscal year ended June 30, 2024. Effect - The College was not in compliance with the GLBA requirements of the grant agreement program. Cause – The College was in the process of preparing a comprehensive information security program, but it was not completed and implemented until after the fiscal year ended June 30, 2024. Identification as a Repeat Finding - Not a repeat finding Recommendation – We recommend that management establish procedures to ensure new requirements are identified and completed timely and accurately. View of Responsible Official – There is no disagreement with the audit finding.

Categories

Special Tests & Provisions

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $5.18M
84.063 Federal Pell Grant Program $2.19M
84.038 Federal Perkins Loan Program $588,153
84.033 Federal Work-Study Program $94,578
84.007 Federal Supplemental Educational Opportunity Grants $93,248