Finding 1181848 (2025-001)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2025
Accepted
2026-03-21
Audit: 393133
Organization: Centre College of Kentucky (KY)

AI Summary

  • Core Issue: The College failed to timely report changes in enrollment status for December graduates, affecting compliance with federal requirements.
  • Impacted Requirements: Enrollment reporting standards for Pell Grants and Direct Loans, as outlined in 34 CFR 690.83(b)(2) and 34 CFR 685.309.
  • Recommended Follow-Up: Review and enhance internal controls for reporting December graduates to ensure timely submissions to the National Student Loan Data System.

Finding Text

U.S. Department of Education – Student Financial Assistance Cluster Federal Assistance Listing No. 84.007, Federal Supplemental Education Opportunity Grants Federal Assistance Listing No. 84.268, Federal Direct Student Loans Federal Assistance Listing No. 84.063, Federal Pell Grant Program Federal Assistance Listing No. 84.038, Federal Perkins Loan Federal Assistance Listing No. 84.033, Federal Work Study Program year 2024-2025 Criteria or specific requirement – Special tests and provisions – Enrollment Reporting - (Pell, 34 CFR 690.83(b)(2); Direct Loan, 34 CFR 685.309). Condition – Upon a student’s change in attendance levels, graduation, withdrawal, dropped out or enrolled but never attended, the student’s enrollment status and detail should be accurately and timely reported in the campus-level and program - level enrollment detail to be consistent with the student’s academic files and other institutional records. Cause – Students that graduate in December are included in the College’s first spring status change upload file where the status is changed from full-time to withdrawn until the degrees are conferred. However, this file was not submitted within the required timeframes. Effect or potential effect – The information maintained by the institution was not timely submitted to the National Student Loan Data System (NSLDS). Questioned costs – None. Context – Out of a population of 200 students who had a change in status from the College during the year, a sample of 20 students were selected. The College had 5 students’ whose change in status, relating to December graduates, specifically was not submitted timely. Our sampling method was not, and was not intended to be, statistically valid. Identification as a repeat finding – N/A. Recommendation – We recommend the College review their internal control process for the December graduates and consider an additional upload to ensure these are reported timely. Views of responsible officials and planned corrective actions – The College’s management and board agree and have evaluated their process for reporting December graduates and have made changes to ensure timely submission.

Corrective Action Plan

Centre College has further evaluated its policies and procedures for student status change reporting. We are implementing an additional student enrollment reporting from our Registrar to NSC/NSLDS during our non-compulsory January term to ensure timely reporting of students who graduate or withdraw between our final fall and initial spring semester reports. We will also provide ongoing training for sustained compliane with applicable procedures and monitor the additional reporting cycle during implementation.

Categories

Student Financial Aid

Other Findings in this Audit

  • 1181844 2025-001
    Material Weakness Repeat
  • 1181845 2025-001
    Material Weakness Repeat
  • 1181846 2025-001
    Material Weakness Repeat
  • 1181847 2025-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 FEDERAL DIRECT STUDENT LOANS $5.67M
84.063 FEDERAL PELL GRANT PROGRAM $2.53M
84.033 FEDERAL WORK-STUDY PROGRAM $195,213
84.038 FEDERAL PERKINS LOAN PROGRAM_FEDERAL CAPITAL CONTRIBUTIONS $128,897
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $124,483
93.243 SUBSTANCE ABUSE AND MENTAL HEALTH SERVICES PROJECTS OF REGIONAL AND NATIONAL SIGNIFICANCE $98,620
47.049 MATHEMATICAL AND PHYSICAL SCIENCES $61,604
93.859 BIOMEDICAL RESEARCH AND RESEARCH TRAINING $48,277
47.076 STEM EDUCATION (FORMERLY EDUCATION AND HUMAN RESOURCES) $18,376