Finding 1200755 (2025-008)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2025
Accepted
2026-03-30
Audit: 395745
Organization: Central College (IA)

AI Summary

  • Core Issue: The College failed to accurately report student enrollment changes to the National Student Loan Data System (NSLDS), which is a repeat finding.
  • Impacted Requirements: Institutions must notify the U.S. Department of Education of enrollment changes for Pell Grants and Direct Loans as per federal regulations.
  • Recommended Follow-Up: Implement stronger controls to ensure all status changes are reported accurately to NSLDS and review internal processes for data transmission.

Finding Text

Assistance Listing, Federal Agency, and Program Name - 84.268 Federal Direct Student Loans, 84.038 Federal Perkins Loan Program, 84.063 Federal Pell Grant Program, U.S. Department of Education (ED), Student Financial Assistance Cluster Federal Award Identification Number and Year - Various Pass through Entity - N/A Finding Type - Significant deficiency Repeat Finding - Yes 2024 003 Criteria - Institutions are required to report enrollment information under the Pell Grant and the Direct Loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845 0035), (Pell, 34 CFR 690.83(b)(2); Direct Loan, 34 CFR 685.309; Perkins 34 CFR 674.19(f)). The Institution should be accurately notifying ED of changes in student enrollment information at the Campus Level and Program Level and timely notification of ED of certain changes for Direct Loan borrowers. Condition - The College did not accurately report certain changes to NSLDS. Questioned Costs - None If questioned costs are not determinable, description of why known questioned costs were undetermined or otherwise could not be reported - N/A Identification of How Questioned Costs Were Computed - N/A Context - Out of a sample of 40 students, 1 student's status change was not reported to NSLDS accurately. Cause and Effect - A control was lacking to ensure that all status changes were reported to NSLDS accurately. As a result, status changes were not reported accurately. Recommendation - We recommend a control be implemented to ensure all status changes are reported to NSLDS accurately. Views of Responsible Officials and Planned Corrective Actions - The College agrees with the finding. The College acknowledges the error in reporting. The College will evaluate its internal control processes around data transmission through a third party to ensure that information is accurately reported to avoid future errors and make enhancements and improvements as necessary.

Corrective Action Plan

Finding Number: 2025-008 Condition: The College did not accurately report certain changes to NSLDS. Planned Corrective Action: The College agrees with the finding. The College acknowledges the error in reporting. The College will evaluate its internal control processes around data transmission through a third party to ensure that information is accurately reported to avoid future errors and make enhancements and improvements as necessary. Contact person responsible for corrective action: Kayla Flanders Anticipated Completion Date: 6/30/2026

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1200740 2025-006
    Material Weakness Repeat
  • 1200741 2025-007
    Material Weakness Repeat
  • 1200742 2025-008
    Material Weakness Repeat
  • 1200743 2025-009
    Material Weakness Repeat
  • 1200744 2025-007
    Material Weakness Repeat
  • 1200745 2025-009
    Material Weakness Repeat
  • 1200746 2025-007
    Material Weakness Repeat
  • 1200747 2025-009
    Material Weakness Repeat
  • 1200748 2025-007
    Material Weakness Repeat
  • 1200749 2025-008
    Material Weakness Repeat
  • 1200750 2025-009
    Material Weakness Repeat
  • 1200751 2025-006
    Material Weakness Repeat
  • 1200752 2025-007
    Material Weakness Repeat
  • 1200753 2025-009
    Material Weakness Repeat
  • 1200754 2025-007
    Material Weakness Repeat
  • 1200756 2025-009
    Material Weakness Repeat
  • 1200757 2025-009
    Material Weakness Repeat
  • 1200758 2025-009
    Material Weakness Repeat
  • 1200759 2025-009
    Material Weakness Repeat
  • 1200760 2025-009
    Material Weakness Repeat
  • 1200761 2025-005
    Material Weakness Repeat
  • 1200762 2025-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.766 COMMUNITY FACILITIES LOANS AND GRANTS $5.84M
84.268 FEDERAL DIRECT STUDENT LOANS $5.73M
84.063 FEDERAL PELL GRANT PROGRAM $1.57M
84.044 TRIO TALENT SEARCH $556,827
84.038 FEDERAL PERKINS LOAN PROGRAM_FEDERAL CAPITAL CONTRIBUTIONS $516,848
84.042 TRIO STUDENT SUPPORT SERVICES $362,076
84.047 TRIO UPWARD BOUND $353,980
84.379 TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS (TEACH GRANTS) $217,833
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $205,172
84.033 FEDERAL WORK-STUDY PROGRAM $127,046
47.049 MATHEMATICAL AND PHYSICAL SCIENCES $38,962
47.083 INTEGRATIVE ACTIVITIES $25,406
47.075 SOCIAL, BEHAVIORAL, AND ECONOMIC SCIENCES $13,977