FAC Explorer

Finding 1175661 (2025-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2025
Accepted
2026-02-27
Audit: 389473
Organization: Coastal Carolina University (SC)
Auditor: MAULDIN & JENKINS LLC

AI Summary

  • Core Issue: The University did not report student status changes to the NSLDS on time in 2 out of 40 cases during fiscal year 2025.
  • Impacted Requirements: Title IV mandates that these changes be reported within 60 days to ensure compliance and proper federal fund management.
  • Recommended Follow-Up: The University should update its policies and procedures to guarantee timely reporting of all enrollment status changes.

Finding Text

Findings and Questioned Costs Relating to Federal Awards: 2025-001. Enrollment Reporting Student Financial Aid Cluster AL# 84.033, 84.007, 84.063, 84.268, 84.068, 84.379 Award Year: 2025 Criteria: Title IV requires institutions to complete and report, within a minimum of 60 days, student status changes to the National Student Loan Data System (NSLDS). Condition: During the fiscal year 2025, the University failed to timely report student status changes to the NSLDS in 2 out of a total of 40 instances within the required timeframe. Context: We addressed the matter with University management who are aware of the enrollment reporting requirements to the NSLDS. Effect: Failure to properly review and adhere to policies and procedures can lead to noncompliance and the misappropriation of federal funds that are not detected during the normal course of business. Cause: The policies and procedures of the University did not ensure that NSLDS reporting requirements were met. Recommendation: We recommend the University review and update its policies and procedures to ensure all enrollment status changes are reviewed and submitted in a timely manner in accordance with federal requirements. Views of Responsible Officials and Planned Corrective Action: We concur with the finding. Management has addressed their corrective action plan in a separately issued letter. Questioned Costs: None

Corrective Action Plan

U.S. Department of Education Coastal Carolina University respectfully submits the following corrective action plan for the year ended June 30, 2025. Audit Period: July 1, 2024 - June 30, 2025 The findings from the schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. FINDINGS - FINANCIAL STATEMENT AUDIT None noted FINDINGS - FEDERAL AWARD PROGRAMS AUDITS Department of Education 2025-001 National Student Loan Data System (NSLDS) Reporting Recommendation: We recommend the University review and update its policies and procedures to ensure all enrollment status changes are reviewed and submitted in a timely manner in accordance with federal requirements. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Corrective Action Plan: The University reviewed its reporting procedures for enrollment changes occurring after initial term reporting and implemented procedural changes to ensure timely updates. Anticipated Completion Date: Corrective action occurred prior to June 30, 2025. Name of Contact Person Responsible for the Corrective Action Plan: Stacy Wyeth, Registrar

Categories

Student Financial Aid Reporting

Other Findings in this Audit

  • 1175653 2025-001
    Material Weakness Repeat
  • 1175654 2025-001
    Material Weakness Repeat
  • 1175655 2025-001
    Material Weakness Repeat
  • 1175656 2025-001
    Material Weakness Repeat
  • 1175657 2025-001
    Material Weakness Repeat
  • 1175658 2025-001
    Material Weakness Repeat
  • 1175659 2025-001
    Material Weakness Repeat
  • 1175660 2025-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 FEDERAL DIRECT STUDENT LOANS $74.94M
84.063 FEDERAL PELL GRANT PROGRAM $18.95M
84.033 FEDERAL WORK-STUDY PROGRAM $519,047
11.467 METEOROLOGIC AND HYDROLOGIC MODERNIZATION DEVELOPMENT $355,021
84.325 SPECIAL EDUCATION - PERSONNEL DEVELOPMENT TO IMPROVE SERVICES AND RESULTS FOR CHILDREN WITH DISABILITIES $233,502
81.124 PREDICTIVE SCIENCE ACADEMIC ALLIANCE PROGRAM $233,249
11.432 NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION (NOAA) COOPERATIVE INSTITUTES $198,071
84.027 SPECIAL EDUCATION GRANTS TO STATES $151,807
12.300 BASIC AND APPLIED SCIENTIFIC RESEARCH $120,850
11.012 INTEGRATED OCEAN OBSERVING SYSTEM (IOOS) $114,228
47.074 BIOLOGICAL SCIENCES $95,785
81.RD PREDICTIVE SCIENCE ACADEMIC ALLIANCE PROGRAM $90,150
84.038 FEDERAL PERKINS LOAN PROGRAM_FEDERAL CAPITAL CONTRIBUTIONS $79,433
47.076 STEM EDUCATION (FORMERLY EDUCATION AND HUMAN RESOURCES) $58,206
15.424 MARINE MINERALS ACTIVITIES $55,177
84.374 TEACHER AND SCHOOL LEADER INCENTIVE GRANTS (FORMERLY THE TEACHER INCENTIVE FUND) $34,703
47.050 GEOSCIENCES $33,495
43.001 SCIENCE $32,590
47.070 COMPUTER AND INFORMATION SCIENCE AND ENGINEERING $32,231
15.634 STATE WILDLIFE GRANTS $31,539
97.039 HAZARD MITIGATION GRANT $23,174
47.049 MATHEMATICAL AND PHYSICAL SCIENCES $19,492
15.654 NATIONAL WILDLIFE REFUGE SYSTEM ENHANCEMENTS $16,962
11.419 COASTAL ZONE MANAGEMENT ADMINISTRATION AWARDS $16,807
84.379 TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS (TEACH GRANTS) $14,616
11.417 SEA GRANT SUPPORT $12,225
15.923 NATIONAL CENTER FOR PRESERVATION TECHNOLOGY AND TRAINING $9,485
81.049 OFFICE OF SCIENCE FINANCIAL ASSISTANCE PROGRAM $8,470
14.218 COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS $8,404
43.008 OFFICE OF STEM ENGAGEMENT (OSTEM) $6,937
93.636 ACA - REINVESTMENT OF CIVIL MONEY PENALTIES TO BENEFIT NURSING HOME RESIDENTS $6,702
16.575 CRIME VICTIM ASSISTANCE $6,623
93.859 BIOMEDICAL RESEARCH AND RESEARCH TRAINING $2,795
45.129 PROMOTION OF THE HUMANITIES FEDERAL/STATE PARTNERSHIP $2,739
15.605 SPORT FISH RESTORATION $1,637
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $-1