Finding Text
SIGNIFICANT DEFICIENCY 2022-003 Student Financial Assistance Program Cluster ? Title IV ? Federal Supplemental Educational Opportunity Grants (FSEOG) ? 84.007, Federal Work-Study Program (FWS) ? 84.033 ? Reporting Criteria or specific requirement ED Form 646-1, Fiscal Operations Report and Application to Participate (FISAP) (OMB No. 1845-0030) is required to be submitted annually in order to receive funds for the campus-based programs. Condition During testing, items reported within the FISAP were found to be inaccurate or were unable to be substantiated due to a lack of supporting documentation. Cause Due to turnover within the Student Financial Aid office, certain documentation used to prepare the FISAP could not be located. Time sensitive reports were not saved at the time of the report preparation or could not be located during fieldwork. Because those reports were time sensitive, when they were rerun during fieldwork, they had small variances when compared to the numbers reported. Effect Inaccurate information may have been reported to the Department of Education. Context Of the sections that were tested, six contained reporting items that could not be substantiated or contained errors. Recommendation We recommend that all supporting documentation used in the preparation of the FISAP be saved in an easily identifiable location. Views of responsible officials and planned corrective actions See corrective action plan.