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Federal Program Information: Student Financial Assistance Cluster (Various ALN #?s) Criteria or Specific Requirement (Including Statutory, Regulatory or Other Citation) Special Reporting ? Fiscal Operations Report and Application to Participate (?FISAP?): The Fiscal Operations Report and Application to Participate is a data collection instrument used to gather program and fiscal information from institutions that have participated in one or more of the Campus-Based programs in a prior award year. In addition, an institution uses the FISAP to request funds to participate in the Campus-Based programs for the upcoming year. The FISAP will ask generic questions about the institution as well as request information specific to each of the Campus-Based programs in which the institution participates. Specifically, the FISAP requires: 1. identifying information (e.g., name and address of the institution, OPEID, financial aid administrator and chief executive officer information); 2. the amount requested for the next year for each Campus-Based program; 3. information on enrollment, length of terms, and the number of students enrolled and expected to enroll; 4. the total Pell Grant expenditures; 5. Report on all annual and cumulative Perkins Loan activity (e.g., loan principal collected; loan principal cancelled due to a loan forgiveness program; any repayments of fund capital both to the government and to the institution); 6. FSEOG information (e.g., funds allocated to students, non-federal share of funds advanced to FSEOG recipients, administrative cost allowances); 7. Federal Work-Study information (e.g., amount of funds allocated to students, amount spent for summer employment, information about students employed in community service activities using FWS funds); and 8. the amount of money transferred between Campus-Based programs. 34 CFR 673.3, 674.19(d)(2), 675.19(b)(3), 676.19(b)(3) Condition: Certain key line items within submitted FISAP report did not agree to source documentation. Cause: Lack of administrative oversight with respect to data included within the FISAP report. Effect: The College is not in compliance with FISAP reporting requirements. Questioned Costs: None. Context: Errors identified within submitted FISAP report which did not reconcile to schedules and documentation used by the College to populate the FISAP. Identification as a Repeat Finding: There was no similar finding identified during the prior year. Recommendation: We recommend the College enhance its procedures to ensure that the FISAP is completed accurately prior to submission. Views of Responsible Officials and Planned Corrective Actions: The College recognizes the importance of completing the FISAP in a timely and accurate manner. The Office of Financial Aid has experienced significant turnover in its staffing during fiscal years June 30, 2021 and 2022. This included employing two different Directors, the second of which vacated the position in June 2022. The staffing of the Financial Aid Office has since stabilized and the new Director assumed the role in August 2022 and has updated the procedures related to preparation of the FISAP report to ensure timely and accurate reporting.