Finding Text
Enrollment Reporting to NSLDS Material Weakness DEPARTMENT OF EDUCATION ALN #: 84.268 Federal Direct Loans, 84.063 Pell Grants Federal Award Identification #: 2023-2024 Financial Aid Year Condition: The College did not report enrollment information to the National Student Loan Data System (NSLDS) in a timely and accurate manner. Criteria: 34 CFR 690.83(b) and 34 CFR 685.309 Questioned Costs: $0 Context: The 24 students tested for proper NSLDS enrollment status did not have their enrollment updated for the year under audit. All of these students were corrected during the audit and a full file review was performed to update the remaining students at the College. Cause: Due to turnover in the financial aid office, NSLDS was not updated accurately for the 23-24 year. Effect: Inaccurate reporting can impact a student's loan grace period in school deferment eligibility, beginning loan repayments, appropriate interest charges, etc. Identification as repeat finding, if applicable: 2023-007. Recommendation: We recommend that the College put a system in place to ensure that enrollment is reported timely and accurately. Additionally, we recommend that the College complete spot checks of NSLDS enrollment statuses throughout the year. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.