Finding 1201475 (2025-005)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2025
Accepted
2026-03-30
Audit: 396041
Organization: William Peace Universirty (NC)

AI Summary

  • Core Issue: The University failed to report accurate and timely student enrollment data to the NSLDS, violating federal regulations.
  • Impacted Requirements: Enrollment status, effective dates, and program begin dates were not reported correctly, affecting compliance with U.S. Department of Education guidelines.
  • Recommended Follow-Up: The University should review and improve its reporting procedures to ensure compliance with NSLDS requirements and prevent future discrepancies.

Finding Text

Federal Agency: U.S. Department of Education Federal Program Name: Student Financial Aid Cluster Assistance Listing Number: 84.063, 84.268 Federal Award Identification Number: P063P241946, P268K251946 Award Period: July 1, 2024 – June 30, 2025 Type of Finding: Significant Deficiency in Internal Control over Compliance, Other Matters Criteria or Specific Requirement: Per U.S. Department of Education (ED) regulations, all school participating (or approved to participate) in the Federal Student Aid programs must have an arrangement to report student enrollment data to the NSLDS through a roster file. The school is required to report enrollment status at both the school and program level. The school is required to report changes in the student’s enrollment status, the effective date of the status and an anticipated completion date. An academic program is defined as the combination of the school’s Office of Postsecondary Education Identification (OPEID) number and the program’s Classification of Instructional Program (CIP) code, credential level, and published program length. ED requires the University to report changes in enrollment status and indicate the date that the changes occurred (34 CFR 685.309). Condition: Certain students’ enrollment information was not accurately or timely reported to the NSLDS. Questioned Costs: N/A Context: During our testing of enrollment information at both the program and campus-level detail, we noted the following: • One out of forty students were reported to the NSLDS with the incorrect effective date on the campus -level records. • One out of forty students enrollment status was not reported timely. • Seven out of forty students program begin date was not reported accurately to NSLDS. Cause: The enrollment information that was sent did not adhere to the NSLDS reporting guidelines. Effect: Inaccurate reporting to the NSLDS can result in incorrect determination of a student’s grace period. Repeat Finding: Yes, 2024-006 Recommendation: We recommend the University evaluate its procedures and review regulations to ensure the University understands the definitions for enrollment information required to be reported to the NSLDS. Views of Responsible Officials: There is no disagreement with the audit finding and the University is in the process of implementing corrective procedures.

Corrective Action Plan

National Student Loan Database System (NSLDS) Reporting Recommendation: We recommend the University evaluate its procedures and review regulations to ensure the University understands the definitions for enrollment information required to be reported to the NSLDS. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action taken in response to finding: Management will review regulations to ensure that staff understands reporting requirements of the NSLDS. Name(s) of the contact person(s) responsible for corrective action: Financial Aid Director Deniesha Newby Planned completion date for corrective action plan: June 30, 2026

Categories

Reporting Student Financial Aid Significant Deficiency

Other Findings in this Audit

  • 1201470 2025-004
    Material Weakness Repeat
  • 1201471 2025-004
    Material Weakness Repeat
  • 1201472 2025-004
    Material Weakness Repeat
  • 1201473 2025-004
    Material Weakness Repeat
  • 1201474 2025-005
    Material Weakness Repeat
  • 1201476 2025-006
    Material Weakness Repeat
  • 1201477 2025-007
    Material Weakness Repeat
  • 1201478 2025-007
    Material Weakness Repeat
  • 1201479 2025-008
    Material Weakness Repeat
  • 1201480 2025-009
    Material Weakness Repeat
  • 1201481 2025-009
    Material Weakness Repeat
  • 1201482 2025-009
    Material Weakness Repeat
  • 1201483 2025-009
    Material Weakness Repeat
  • 1201484 2025-010
    Material Weakness Repeat
  • 1201485 2025-010
    Material Weakness Repeat
  • 1201486 2025-010
    Material Weakness Repeat
  • 1201487 2025-010
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 FEDERAL DIRECT STUDENT LOANS $4.21M
84.063 FEDERAL PELL GRANT PROGRAM $1.80M
84.033 FEDERAL WORK-STUDY PROGRAM $44,956
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $37,339
84.425 EDUCATION STABILIZATION FUND $8,266