FAC Explorer

Finding 370182 (2023-004)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-02-22
Audit: 291731
Organization: Clarke University of Dubuque, Iowa (IA)
Auditor: Eide Bailly LLP

AI Summary

  • Core Issue: The University lacks proper documentation for controls over student verification in financial aid applications.
  • Impacted Requirements: Compliance with verification requirements set by the Department of Education is not being met.
  • Recommended Follow-up: Review and document controls for student verification to ensure accuracy and compliance.

Finding Text

Student Financial Assistance Program Cluster – Department of Education Federal Financial Assistance Listing #84.268 Federal Direct Student Loans ‐ 2022/2023 P268K211430 Federal Financial Assistance Listing #84.063 Federal Pell Grant Program ‐ 2022/2023 P063P201430 Special Tests & Provisions: Verification Significant Deficiency in Internal Control over Compliance Criteria: The University is required to verify information in student aid applications selected by the Department of Education and the verified applications were in compliance with the verification requirements. Condition: Four instances were identified where there was no documented control over student verification. Cause: The University did not have a documented control over all of student verification. Effect: Without a secondary review and approval, there is a possibility that data corrections as a result of student verification could be incorrect. Questioned Costs: None Context/Sampling: Of the 22 students in which required student verification, 4 were tested. Repeat Finding from Prior Years: No Recommendation: The University should review its current controls over student verification and ensure those controls are properly documented. Views of Responsible Officials: Management agrees. Management’s complete response can be found in the separately issued corrective action plan.

Categories

Special Tests & Provisions Student Financial Aid Significant Deficiency Matching / Level of Effort / Earmarking Internal Control / Segregation of Duties

Other Findings in this Audit

  • 370175 2023-002
    Significant Deficiency Repeat
  • 370176 2023-002
    Significant Deficiency
  • 370177 2023-003
    Material Weakness Repeat
  • 370178 2023-003
    Material Weakness Repeat
  • 370179 2023-003
    Material Weakness
  • 370180 2023-004
    Significant Deficiency
  • 370181 2023-004
    Significant Deficiency
  • 370183 2023-005
    Significant Deficiency Repeat
  • 370184 2023-005
    Significant Deficiency Repeat
  • 370185 2023-005
    Significant Deficiency Repeat
  • 370186 2023-006
    Significant Deficiency
  • 946617 2023-002
    Significant Deficiency Repeat
  • 946618 2023-002
    Significant Deficiency
  • 946619 2023-003
    Material Weakness Repeat
  • 946620 2023-003
    Material Weakness Repeat
  • 946621 2023-003
    Material Weakness
  • 946622 2023-004
    Significant Deficiency
  • 946623 2023-004
    Significant Deficiency
  • 946624 2023-004
    Significant Deficiency
  • 946625 2023-005
    Significant Deficiency Repeat
  • 946626 2023-005
    Significant Deficiency Repeat
  • 946627 2023-005
    Significant Deficiency Repeat
  • 946628 2023-006
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $3.09M
84.063 Federal Pell Grant Program $1.50M
84.031 Higher Education_institutional Aid $834,152
84.038 Federal Perkins Loan Program $435,196
93.264 Nurse Faculty Loan Program (nflp) $273,927
93.364 Nursing Student Loans $261,461
84.007 Federal Supplemental Educational Opportunity Grants $141,948
97.067 Homeland Security Grant Program $118,590
84.033 Federal Work-Study Program $108,266
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $18,779
84.425 Education Stabilization Fund $5,000