Finding Text
Student Financial Assistance Cluster, ALN 84.268 Federal Direct Student Loans, ALN 84.063 Federal Pell Grant Program, U.S. Department of Education Program Year 2024-2025 Criteria or specific requirement - Reporting 34 CFR Section 690.83 Condition - Student origination records were not properly submitted to the Common Origination and Disbursement (COD) System. Cause - The University does not have adequate processes and controls around reporting to ensure origination records are accurate. Effect or potential effect - Inaccurate origination records were submitted to COD. Questioned costs - None Context - Out of a population of 1,197 students receiving Pell and/or Direct Loans, a sample of 25 students were selected for testing. Our sample was not and was not intended to be statistically valid. Of the sample of 25 students, 21 were Pell recipients. For 7 Pell recipients, the enrollment date origination record submitted to COD did not match the enrollment date according to the University's 2024-2025 academic calendar. Identification as a repeat finding - N/A Recommendation - The University should review processes and controls around origination record reporting and consider changes to address this finding.