Finding Text
Federal Agency: U.S. Department of Education Federal Program Name: Federal Supplemental Educational Opportunity Grants; Federal Perkins Loans; Federal Work-Study Program Assistance Listing Number: 84.007, 84.033, 84.038 Federal Award Identification Number and Year: P007A243733, P033A243733; 2025 Award Period: July 1, 2024 – June 30, 2025 Type of Finding: • Significant Deficiency in Internal Control over Compliance • Other Matters Criteria or specific requirement: 34 CFR 673 through 676 outline general regulatory authority requiring institutions to participate in and report on Campus-Based Programs (Federal Supplemental Educational Opportunity Grants; Federal Perkins Loans; Federal Work-Study Program). By October 1st of each year (or the date established by a Federal Register announcement), an institution must electronically submit its FISAP via the COD website. The Fiscal Operations Report will cover the most recently completed award year (award years run from July 1 to June 30) and the Application to Participate is for the award year subsequent to the current award year. Condition: Incorrect data was used to complete Part II Section F of the FISAP for award year 2024- 2025. Questioned costs: None. Context: During our testing, it was noted that the incorrect award year data was used to complete Part II Section F of the FISAP for award year 2024-2025. Cause: Management did not follow its policies and procedures to ensure the data inputted in the FISAP was correct for the award year. Effect: The University was not compliant with reporting the information in FISAP Part II Section F: Information on Eligible Aid Applicants Enrolled in the Institution for Award Year 2024-2025. Repeat Finding: No. Recommendation: The University should review its policies and procedures on reviewing underlying FISAP data prior to submission to be in compliance with regulations. Views of responsible officials: There is no disagreement with the audit finding.