Finding Text
Enrollment Reporting to NSLDS Material Weakness
DEPARTMENT OF EDUCATION
ALN #: 84.268
Federal Award Identification #: 2022-2023 Financial Aid Year
Condition: The University did not report enrollment information to the National Student Loan Data System (NSLDS) in a timely and accurate manner.
Criteria: 34 CFR 685.309
Questioned Costs: $-0-
Context: Out of 57 students tested, 7 students had incorrect enrollment status reported, of which one student was an official withdrawal.
Cause: The University’s process has been manual to update all NSLDS reporting by student.
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: Yes, 2022-002.
Recommendation: We recommend the University put a system in place to ensure that all students are being reported to NSLDS, and that the University is completing spot checks of enrollment statuses to NSLDS.
Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.