Action Taken: Brescia University will establish a review system to verify that direct loan reconciliations are being completed monthly. This system will include: (1) monthly scheduled file requests between Financial Aid, Registrar (who pulls the data files from COD), and the Business Office. The file requests will be scheduled for the earliest date of the month possible based on the college calendar and completed within 10 business days. (2) Each monthly reconciliation will be double checked by a senior financial aid counselor upon completion and will be signed off on as a log/confirmation of completion of the reconciliation. (3) The logs/confirmations will be mainted by the Director of Financial Aid.