Finding Text
Enrollment Reporting to NSLDS
DEPARTMENT OF EDUCATION ALN #: 84.268 Federal Direct Loans and 84.063 Federal Pell Grants
Federal Award Identification #: 2022-2023 Financial Aid Year
Condition: The College did not report enrollment information to the National Student Loan Data System (NSLDS) in a timely and accurate manner.
Criteria: 34 CFR 690.83(b) and 34 CFR 685.309
Questioned Costs: $0
Context: Out of 75 students tested, 7 students were not reported as withdrawn to NSLDS. All students were corrected during the audit.
Cause: The registrar’s office was not updating NSLDS in a timely manner when students were reported as withdrawn.
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: Not applicable.
Recommendation: We recommend the College put a system in place to ensure that withdrawn students are reported as withdrawn in NSLDS in a timely manner. We recommend that the College complete reconciliations of enrollment status periodically and complete spot checks of enrollment statuses to NSLDS regularly.
Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.