Finding Text
Federal Program Name: Student Financial Assistance Cluster Federal Agency: U.S. Department of Education Federal Assistance Listing Title and Number: Federal Direct Loan Program ? 84.268 Award Year: July 1, 2021 ? June 30, 2022 Criteria or Specific Requirement: Special Tests & Provisions ? Lender Notification Condition: The University failed to update the NSLDS for certain students that withdrew during the school year ? Other Instance of Noncompliance and Significant Deficiency Questioned Costs: None Context: During testing of compliance with the lender notification compliance requirement, 2 out of 25 selections resulted in errors. From a population of 561 transactions, 25 were selected for testing. Errors consisted of 2 students for which the effective date of their withdrawal was not updated in the NSLDS. Our sample was not, and was not intended to be, statistically valid. Cause: The students in question were dismissed based on poor academic performance, but the University overlooked the changes in the status of these students when submitting their roster file to the Clearinghouse. Repeat Finding: No Recommendation: We recommend the University report the correct student status change to the NSLDS within the required timeframe. Views of Responsible Officials and Planned Corrective Action: See corrective action plan prepared by management.