Finding 1173768 (2025-002)

Material Weakness Repeat Finding
Requirement
E
Questioned Costs
-
Year
2025
Accepted
2026-02-16
Audit: 387430
Organization: Culver-Stockton College (MO)
Auditor: WADE STABLES PC

AI Summary

  • Core Issue: A student received less than $100 in FSEOG, violating federal guidelines.
  • Impacted Requirements: FSEOG awards must be between $100 and $4,000 as per 34 CFR 676.20.
  • Recommended Follow-up: Train staff on FSEOG award criteria and ensure guidelines are easily accessible.

Finding Text

Finding 2025-002 – Award Requirements Federal Agency: U.S. Department of Education Pass-through Entity: None Federal Program: Student Financial Assistance Cluster (Federal Assistance Listing No.’s 84.007, 84.033, 84.038, 84.063, 84.268, 84.379) Requirement: Eligibility Criteria: In accordance with 34 CFR 676.20, an institution may not award a Federal Supplemental Educational Opportunity Grant (FSEOG) for a full academic year that is less than $100 or more than $4,000. Condition: One student was found to be awarded less than $100 of FSEOG during the academic year. Cause of Condition: The College did not adhere to federal guidelines that govern FSEOG awards. Effect: The federal award amount provided to the student was not calculated in accordance with program requirements. Noncompliance with program requirements could lead to adverse consequences from the Department of Education. Questioned Costs: No questioned costs. Perspective Information: N/A Recommendation: We recommend the College ensure all staff responsible for awarding and packaging student aid are aware of the award requirements for FSEOG and that all guidance is readily available for reference when necessary.

Corrective Action Plan

All Financial Aid personnel were re-trained on the SEOG minimum and maximum award parameters. The office will conduct quarterly reviews of awards to ensure compliance and verify that no students are incorrectly awarded.

Categories

Subrecipient Monitoring Eligibility

Other Findings in this Audit

  • 1173764 2025-002
    Material Weakness Repeat
  • 1173765 2025-002
    Material Weakness Repeat
  • 1173766 2025-002
    Material Weakness Repeat
  • 1173767 2025-002
    Material Weakness Repeat
  • 1173769 2025-003
    Material Weakness Repeat
  • 1173770 2025-003
    Material Weakness Repeat
  • 1173771 2025-003
    Material Weakness Repeat
  • 1173772 2025-003
    Material Weakness Repeat
  • 1173773 2025-003
    Material Weakness Repeat
  • 1173774 2025-004
    Material Weakness Repeat
  • 1173775 2025-004
    Material Weakness Repeat
  • 1173776 2025-004
    Material Weakness Repeat
  • 1173777 2025-004
    Material Weakness Repeat
  • 1173778 2025-004
    Material Weakness Repeat
  • 1173779 2025-005
    Material Weakness Repeat
  • 1173780 2025-005
    Material Weakness Repeat
  • 1173781 2025-005
    Material Weakness Repeat
  • 1173782 2025-005
    Material Weakness Repeat
  • 1173783 2025-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 FEDERAL DIRECT STUDENT LOANS $7.66M
84.063 FEDERAL PELL GRANT PROGRAM $2.08M
84.379 TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS (TEACH GRANTS) $156,413
84.033 FEDERAL WORK-STUDY PROGRAM $100,980
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $91,746
10.351 RURAL BUSINESS DEVELOPMENT GRANT $79,719
16.525 GRANTS TO REDUCE DOMESTIC VIOLENCE, DATING VIOLENCE, SEXUAL ASSAULT, AND STALKING ON CAMPUS $47,104
84.126 REHABILITATION SERVICES VOCATIONAL REHABILITATION GRANTS TO STATES $37,499