Finding Text
Audit Finding Reference Number
2022 – 005 – Student Status Confirmation Report
Federal Program and Specific Federal Award Identification
CFDA Title and Number
84.268 Federal Direct Student Loans (Direct)
Federal Award Number
June 30, 2022
Federal Agencies
U.S. Department of Education
Pass-Through Entity
Not applicable
Criteria
Title IV Regulations, 34 CFR Section 682.610 (c) (i) (ii) (iii) stipulated that if a university discovers that a loan has been made to or on behalf of a student who enrolled at that school, but who has ceased to be enrolled on at least a half-time basis; a student who has been accepted for enrollment at that school, but who failed to enroll on at least a half-time basis for the period for which the loan was intended, or a full-time student who has ceased to be enrolled on a full-time basis, ABC must notify the guarantee agency and/or the National Student Clearinghouse.
Conditions and Contexts
I noted during my audit twenty-five (25) students out of twenty-five (25) tested whose enrollment status was not reported or not reported correctly on the student status confirmation reports.
Cause
It appears that ABC did not properly report the student’s enrollment status to the guarantee agency and/or National Student Clearinghouse.
Questioned Costs
For purposes of this condition, I do not have any questioned costs.
Effect
Noncompliance with federal regulations. ABC did not properly report the student’s status to the guarantee agency and/or National Student Clearinghouse.
Repeat Finding
No.
Recommendation
I recommend that ABC determine the student’s proper enrollment status and report the accurate status to the guarantee agency and/or National Student Clearinghouse.