Finding Text
FINDING 2025-001: NSLDS Status Reporting Error CRITERIA: In accordance with 34 CFR 682.610 (c), Institutions are to report the enrollment statusof students who received Title IV aid to NSLDS. This enrollment information is updated inNSLDS and, as appropriate, is reported to guarantors, lenders, and servicers of federal student loans. A student’s enrollment status determines eligibility for in-school status, deferment andgrace periods as well as for the Department’s payment of interest subsidies to loan holders.SSCR/Enrollment Reporting is not only critical for effective administration of the Title IV student loan programs, but is also required so that the Department can engage in budgetary and policyanalysis. CONDITION: Some student statuses were not reported to NSLDS on time. CAUSE: The Institution did not follow its ordinary procedures to ensure that NSLDS enrollmentreporting was submitted in a timely manner. EFFECT: The USDOE does not have timely information pertaining to student's enrollment statuseswhich can affect loan deferments among other things. NATURE, EXTENT OF ISSUE, AND QUESTIONED COSTS: In 14 instances out of 35 files reviewed,of which NSLDS data for 24 students were reviewed, the students’ enrollment status changes werenot reported to NSLDS in a timely manner. No. of Students FPELL FDLP FSEOG Total Universe 74 286,427 710,426 14,045 1,010,898 Sample Size 35 110,482 358,073 5,000 473,555 Sample for this Attribute 35 110,482 358,073 5,000 473,555 Instances of Non Compliance 14 25,625 171,953 1,000 198,578 Level of Materiality Material RECOMMENDATION: We also recommend that the Institution enact stronger controls to ensure thatall future enrollment reporting is submitted both correctly and timely. VIEWS OF RESPONSIBLE OFFICIAL: The Institution concurs with this finding and has proceduresin place as outlined in the Corrective Action Plan to ensure compliance with requirements.