Finding 370529 (2023-001)

Significant Deficiency Repeat Finding
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-02-26
Audit: 292194
Organization: Lenoir-Rhyne University (NC)
Auditor: Bdo USA PC

AI Summary

  • Core Issue: The University failed to report changes in student enrollment status accurately and on time, violating federal regulations.
  • Impacted Requirements: Compliance with 34 CFR 685.309, which mandates reporting within 30 days of a status change.
  • Recommended Follow-Up: Implement procedures to ensure timely reporting of student status changes to avoid future compliance issues.

Finding Text

Federal Program Information: Student Financial Assistance Cluster: Federal Supplemental Education Opportunity Grants (Assistance Listing #84.007), Federal Work-Study Program (Assistance Listing #84.033), Federal Pell Grant Program (Assistance Listing #84.063), Federal Direct Loan Program (Assistance Listing #84.268) Criteria or Specific Requirement: N. Special Tests and Provisions – Enrollment Reporting: Federal regulation 34 CFR 685.309 states that the institution shall accurately report a change in a student’s enrollment status directly to the lender or guarantee agency within 30 days if a student has graduated, withdrawn, or ceased to be enrolled (or failed to enroll) at least half-time and the school does not expect its next Roster File to NSLDS within 60 days. Condition: The University did not report students’ status changes accurately and within the required timeframe. Cause: Administrative oversight. Effect or Possible Effect: The University was not in compliance with required federal guidelines. Questioned Costs: None. Context: Program Level: Based on a sample of 25 students, 1 student’s enrollment status was not accurately reported to the NSLDS. Campus Level: Based on a sample of 40 students, 17 students’ selected were not reported to the NSLDS within the required timeframe. Identification of Repeat Finding: This is a repeat of prior year finding 2022-004. Recommendation: The University should implement procedures to ensure that student status changes are reported in a timely manner. Views of Responsible Officials: The University agrees with the finding - refer to the University’s Corrective Action Plan.

Categories

Student Financial Aid Reporting Matching / Level of Effort / Earmarking Special Tests & Provisions

Other Findings in this Audit

  • 370528 2023-001
    Significant Deficiency Repeat
  • 370530 2023-001
    Significant Deficiency Repeat
  • 370531 2023-001
    Significant Deficiency Repeat
  • 370532 2023-002
    -
  • 370533 2023-002
    -
  • 370534 2023-002
    -
  • 370535 2023-002
    -
  • 946970 2023-001
    Significant Deficiency Repeat
  • 946971 2023-001
    Significant Deficiency Repeat
  • 946972 2023-001
    Significant Deficiency Repeat
  • 946973 2023-001
    Significant Deficiency Repeat
  • 946974 2023-002
    -
  • 946975 2023-002
    -
  • 946976 2023-002
    -
  • 946977 2023-002
    -

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $18.64M
84.063 Federal Pell Grant Program $3.10M
84.425 Education Stabilization Fund $2.17M
84.007 Federal Supplemental Educational Opportunity Grants $323,794
84.033 Federal Work-Study Program $134,554