Finding Text
Criteria According to Chapter 6 of the 2024-2025 Federal Student Aid Handbook: The maximum FSEOG for a full academic year is usually $4,000. However, you may award as much as $4,400 to a student participating in a study-abroad program that is approved for credit by the home school. The minimum FSEOG amount is $100, but you may prorate this amount if the student is enrolled for less than an academic year. Condition The Federal Government has established a maximum award of SEOG of $4,000 for any academic year. Of the 40 students selected for testing, 1 student was awarded $4,120 of SEOG. Cause The College has policies and procedures in place to properly award SEOG to students, however, in this case the procedures were not completed properly causing a student to be over awarded. Effect The student was over awarded SEOG by $120. Questioned Costs $120 Perspective Our sample was not, and was not intended to be, statistically valid. Of the 40 students selected for testing, 1 student, or 2.5% of our sample, had a student over awarded SEOG. Identification as a Repeat Finding, if applicable Not applicable Recommendation We recommend that management of the College review, and if necessary, update the policies and procedures to ensure all SEOG funds disbursed do not exceed the maximum amount allowable. View of Responsible Officials The College agrees with the finding.