Finding Text
Federal Program – Student Financial Assistance Cluster – Assistance Listing Number 84.063 – U.S. Department of Education Program Year 2024–2025 Criteria or Specific Requirement – Eligibility – 34 CFR §690, Subpart F Condition – Five students received a Pell Grant who were not eligible to receive this funding, and two students did not receive a Pell Grant or the full amount of Pell Grant funding they were eligible to receive during the 2024–2025 academic year. Questioned Costs – $3,996 Context – Out of a population of 2,868 students who received Pell and/or Direct Loans in fiscal year 2025, 25 students were selected for testing. Of the 25 students tested, two were identified as not having received the full amount of Pell funding for which they were eligible. In addition, in testing return of Title IV funds, one student was noted to have received more Pell funding than they were eligible for, and upon further review, management identified an additional four students who received Pell funding who should not have. Our sample was not, and was not intended to be, statistically valid. Effect – The University disbursed $3,996 of Title IV funds to students who were not eligible for this funding, and two students did not receive the full amount of funding for which they were eligible. Cause – The University did not have appropriate controls in place to ensure Pell calculations were accurate prior to disbursing funding to students. Identification as a Repeat Finding – N/A Recommendation – The University should ensure the design and appropriate operating effectiveness of controls surrounding the review of Pell calculations prior to the disbursement of funds to students. Views of Responsible Officials and Planned Corrective Actions – Management agrees with the finding. See attached corrective action plan.