Finding 1205447 (2025-001)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2025
Accepted
2026-03-31
Audit: 397125
Organization: Rosedale Technical College (PA)

AI Summary

  • Core Issue: The College failed to report a change in student status for 1 out of 25 students within the required 30-day timeframe.
  • Impacted Requirements: Title IV regulations mandate timely updates to enrollment information to ensure accurate student loan records.
  • Recommended Follow-Up: The College should enhance its enrollment reporting policies and implement additional review procedures for timely and accurate reporting to NSLDS.

Finding Text

Finding 2025-001: Enrollment Reporting Federal Program: Federal Direct Student Loan Program, Federal Pell Grant Program Federal Agency: U.S. Department of Education Pass-Through Entity: Not applicable Assistance Listing Number: 84.268, 84.063 Federal Award Year: June 30, 2025 Criteria: Title IV regulations (34 CFR 685.309(b)) require that upon receipt of an enrollment report from the Department of Education Office of the Secretary (Secretary), institutions must update all information included in the report and return the report to the Secretary: (i) in the manner and format prescribed by the Secretary; and (ii) within the timeframe prescribed by the Secretary. Unless it expects to submit its next updated enrollment report to the Secretary within the next 60 days, an institution must notify the Secretary within 30 days after the date the institution discovers that: (i) a loan under Title IV of the Act was made to or on behalf of a student who was enrolled or accepted for enrollment at the institution, and the student has ceased to be enrolled on at least a half-time basis or failed to enroll on at least a half-time basis for the period for which the loan was intended; or (ii) a student who is enrolled at the institution and who received a loan under Title IV of the Act has changed his or her permanent address. Condition: The change in student status for 1 of the 25 students tested was not reported to the National Student Loan Data Systems (NSLDS) within 30 days or included in a response to a roster file within 60 days. However, these students were ultimately reported to the NSLDS. The sample was not a statistically valid sample. Cause: The College's procedures for reporting all student status changes were not appropriately followed in order to allow for timely and accurate reporting to NSLDS. Effect: The accuracy of Title IV student loan records depends heavily on the accuracy of the enrollment information reported by the College. If an institution does not review, update and verify student enrollment statuses, effective dates of the enrollment status and the anticipated completion dates, then the Title IV student loan records will be inaccurate and could affect student loan repayments. Questioned Costs: None. Recommendation: The College should review their policy on enrollment reporting to NSLDS to ensure all status changes during the year are reported in a timely and accurate manner. Views of Responsible Officials and Planned Corrective Actions: The College remains committed to adhering to established reporting guidelines and will implement additional review procedures to ensure timely reporting.

Corrective Action Plan

Condition: The change in student status for 1 of the 25 students tested was not reported to the National Student Loan Data Systems (NSLDS) within 30 days or included in a response to a roster file within 60 days. However, these students were ultimately reported to the NSLDS. Corrective Action Planned: The College will implement a secondary review process to ensure that all enrollment updates are through the National Student Clearinghouse within the required timeframe. Name(s) of Contact Person(s) Responsible for Corrective Action Kim Bell, Director of Financial Aid & Compliance Anticipated Completion Date: May 1, 2026

Categories

Student Financial Aid

Other Findings in this Audit

  • 1205446 2025-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 FEDERAL DIRECT STUDENT LOANS $3.25M
84.063 FEDERAL PELL GRANT PROGRAM $2.16M
64.028 POST-9/11 VETERANS EDUCATIONAL ASSISTANCE $525,029
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $187,361
84.048 CAREER AND TECHNICAL EDUCATION -- BASIC GRANTS TO STATES $123,016
84.033 FEDERAL WORK-STUDY PROGRAM $18,000