Finding 1210599 (2025-003)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2025
Accepted
2026-04-28

AI Summary

  • Core Issue: The College failed to report student enrollment data accurately and on time to the National Student Clearinghouse.
  • Impacted Requirements: This violates 34 CFR Section 685.309(b)(2), which mandates timely updates to the National Student Loan Data System (NSLDS).
  • Recommended Follow-Up: Implement a review process for accurate and timely enrollment reporting, with written procedures developed by May 31, 2026.

Finding Text

Condition: The College did not report student enrollment data to the National Student Clearinghouse accurately or within the minimum required timeframe. Criteria: Based on requirements set forth by 34 CFR Section 685.309(b)(2), the College is responsible for notifying the National Student Loan Data System (NSLDS) to changes to student’s enrollment data within minimum required timeframes. Cause: Controls are not functioning properly. Context: From a population of 36 students we tested 8 students and noted 5 instances of withdrawals that were not timely reported and 4 instances of incorrect withdrawal dates reported to NSLDS. Effect: Enrollment data was not reported timely or accurately to the Department of Education thus, the Department could not properly service the student’s loans. The accuracy of Title IV student loan records depends heavily on the accuracy of the enrollment information reported by institutions. Repeat Finding: No. Recommendation: We recommend that a review process be put in place to ensure timely and accurate enrollment reporting to NSLDS. Views of Responsible Officials: The Financial Aid Office will work closely with the Registrar's office to develop written procedures on or before May 31, 2026, regarding the submission of timely and accurate data regarding student withdrawals.

Corrective Action Plan

The Financial Aid Office will work closely with the Registrar's office to develop written procedures on or before May 31, 2026, regarding the submission of timely and accurate data regarding student withdrawals.

Categories

Student Financial Aid Reporting

Other Findings in this Audit

  • 1210600 2025-004
    Material Weakness Repeat
  • 1210601 2025-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 FEDERAL DIRECT STUDENT LOANS $9.66M
84.063 FEDERAL PELL GRANT PROGRAM $2.30M
84.033 FEDERAL WORK-STUDY PROGRAM $49,185
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $47,663