Finding 1202935 (2025-001)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2025
Accepted
2026-03-30
Audit: 396195
Organization: Gardner-Webb University (NC)

AI Summary

  • Core Issue: The University failed to report student attendance changes to NSLDS within the required 60 days.
  • Impacted Requirements: Compliance with NSLDS reporting criteria under Special Test and Provisions.
  • Recommended Follow-Up: Implement a process to ensure timely reporting of student status changes to NSLDS.

Finding Text

Finding 2025-001 – Student Financial Aid Cluster, Assistance Listing # 84.063 and 84.268 Compliance Requirement: Special Test and Provisions – NSLDS Reporting Criteria: The University is required to send changes in attendance levels of students, including students who, graduated, withdrew, dropped out, or enrolled changes to the National Student Loan Data System (“NSLDS”) within 60 days of the change. Condition: The University did not send changes in attendance levels of students, including students who graduated, withdrew, dropped out, or enrolled changes to the NSLDS within 60 days of the change. Cause: The University reported status changes of students to the NSLDS as required under the Uniform Grant Guidance after the required 60 day period. Context: The University sent two status changes to the NSLDS after 60 days. Effect: The University did not report status changes to the NSLDS timely. Recommendation: The University should put in place a process to timely capture student changes so they can be reported to the NSLDS. Management Response: The University concurs with this finding. Corrective Action Plan: Repeat finding of prior year finding 2024-001. See attached management’s corrective action plan.

Corrective Action Plan

We acknowledge the finding 2025-001 regarding the untimely reporting to the NSLDS and understand the importance of adhering to the prescribed reporting timelines to ensure that student loan and grant information is accurate and up-to-date. We take this matter seriously and are committed to rectifying the situation as quickly as possible. Root Cause: It was discovered that the student records did not update correctly from the transmittal. Corrective Actions: - Transmit end of term file and degree verify file to National Student Clearinghouse (NSC). - After the file has been processed, we manually check each student record to ensure that the student's status is updated correctly. - After the next NSLDS report is processed by the NSC, we manually check each student record to ensure that the proper status has been reported to the NSLDS. Conclusion: We take the findings of the audit seriously and are committed to improving our processes and addressing the root causes of late reporting. The corrective actions outlined above are designed to prevent recurrence of this issue, ensure compliance with NSLDS reporting deadlines, and improve overall reporting accuracy and timeliness. Linda Fleischman Registrar PO Box 7323 (704) 406-4263 lfleischman@gardner-webb.edu

Categories

Student Financial Aid Reporting Matching / Level of Effort / Earmarking Special Tests & Provisions

Other Findings in this Audit

  • 1202934 2025-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 FEDERAL DIRECT STUDENT LOANS $25.53M
84.063 FEDERAL PELL GRANT PROGRAM $5.13M
97.036 DISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS) $543,627
84.033 FEDERAL WORK-STUDY PROGRAM $373,990
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $149,423
84.425 EDUCATION STABILIZATION FUND $40,409