Finding 1169093 (2025-001)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2025
Accepted
2026-01-15
Audit: 381839
Organization: Bellin College, Inc. (WI)
Auditor: WIPFLI LLP

AI Summary

  • Core Issue: Incorrect student status information was sent to the NSLDS for 3 out of 11 students during the audit period.
  • Impacted Requirements: The withdrawal/change/graduation dates must align between the NSLDS and the school's records.
  • Recommended Follow-Up: The institution should enhance oversight to ensure accurate transmission of student information to the NSLDS.

Finding Text

Finding 2025-001 National Student Loan Data System (NSLDS) - Prior Year Finding 2024-001 Department of Education Student Financial Aid Cluster - grant period July 1, 2024 through June 30, 2025 Questioned costs: None How the question costs were computed: N/A Condition: The examination disclosed 3 students, out of 11 where the student’s status changed during the audit period, in which information was not transmitted correctly to the NSLDS. Withdrawal/Change/Graduation Date Effective Date Student A 5/16/25 N/A - none noted Student B 5/16/25 9/8/25 Student C 3/11/25 10/27/25 Criteria: Withdrawal/Change/Graduation date needs to match the graduation date from the NSLDS to the school's records. Effect: Student information is not correct in the NSLDS. Cause: The College did not properly transmit information to the NSLDS as they did not have any of those dates properly updated in their system. Recommendation: The institution should implement adequate oversight to ensure the dates and the student information match NSLDS. View of Responsible We agree with the finding and are committed to a corrective action. Officials:

Corrective Action Plan

The institution implemented adequate oversight to ensure the dates and the student information match NSLDS. To achieve this, the institution has started following up every NSLDS report-run with monitoring to visually confirm the correct data shows up in NSLDS within the required timeframe. The institution will keep documentation of the audits and will audit 100% of the records until confidence is gained that the process is working and NSLDS reporting is compliant.

Categories

Student Financial Aid Matching / Level of Effort / Earmarking Internal Control / Segregation of Duties

Other Findings in this Audit

  • 1169090 2025-001
    Material Weakness Repeat
  • 1169091 2025-001
    Material Weakness Repeat
  • 1169092 2025-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 FEDERAL DIRECT STUDENT LOANS $532,617
84.063 FEDERAL PELL GRANT PROGRAM $441,464
84.033 FEDERAL WORK-STUDY PROGRAM $16,576
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $15,228