Finding 370238 (2023-001)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-02-23
Audit: 291830
Organization: Curry College (MA)

AI Summary

  • Core Issue: The College failed to accurately report student enrollment status, leading to significant deficiencies in compliance with federal requirements.
  • Impacted Requirements: Institutions must report enrollment information to NSLDS within 15 days and ensure accuracy in student status reporting.
  • Recommended Follow-up: Management should implement better review procedures for NSLDS submissions to prevent future errors and ensure timely reporting.

Finding Text

Finding 2023-001 Enrollment reporting (Significant deficiency), Federal Programs: U.S. Department of Education, Student Financial Assistance Cluster Federal Pell Grant Program (Assistance Listing Number 84.063) Federal Direct Student Loans (Assistance Listing Number 84.268) Award year ended May 31, 2023 Repeat Finding: No Criteria: Institutions are required to report enrollment information under the Pell grant and the Direct and FFEL loan programs via the National Student Loan Data System (“NSLDS”) (OMB No. 1845-0035), (Pell, 34 CFR 690.83(b)(2); FFEL, 34 CFR 682.610; Direct Loan, 34 CFR 685.309). Institutions are responsible for timely reporting, whether they report directly or via a third-party servicer. Institutions must complete and return within 15 days the Enrollment Reporting roster file placed in their Student Aid Internet Gateway (SAIG) mailboxes sent by ED via NSLDS. An institution determines how often it receives the Enrollment Reporting roster file with the default set at a minimum of every 60 days. Context and Condition: Five students tested (out of a sample of 40) were incorrectly reported as withdrawn when they were graduated. The error was not discovered or corrected by the College’s review process. One student’s status change of withdrawn was not reported to the NSLDS within 60 days of the withdrawal. Cause: The College did not have adequate procedures to timely review the NSLDS submission for errors. Effect: Failure to comply with the enrollment reporting standard for certain students. Recommendation: Management should ensure that NSLDS reporting is properly reviewed and submitted timely. Views of Responsible Officials (unaudited) Management agrees with the finding and has prepared a corrective action plan to ensure timely reporting in the future.

Categories

Student Financial Aid Reporting Significant Deficiency Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 370237 2023-001
    Significant Deficiency
  • 946679 2023-001
    Significant Deficiency
  • 946680 2023-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $15.64M
84.063 Federal Pell Grant Program $2.70M
84.033 Federal Work-Study Program $243,672
84.007 Federal Supplemental Educational Opportunity Grants $193,500
93.264 Nurse Faculty Loan Program (nflp) $166,673
84.038 Federal Perkins Loan Program $156,767
93.364 Nursing Student Loans $90,141