Finding 372001 (2023-006)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-03-04

AI Summary

  • Core Issue: The Seminary failed to update one student's enrollment status to "graduated" within the required 60 days.
  • Impacted Requirements: Compliance with federal regulations for timely reporting of enrollment changes (34 CFR 685.309).
  • Recommended Follow-Up: Implement a process for submitting final enrollment files and ensure procedures verify the accuracy and timeliness of reported data.

Finding Text

Assistance Listing Number. Federal Agency, and Program Name - 84.268, U.S. Department of Education, Federal Direct Student Loans Finding Type - Significant deficiency Repeat Finding - No Criteria - The Seminary has 60 days from the date the Seminary determines an enrollment status change to report to NSLDS. The enrollment reporting must be updated for changes in the data elements for the campus record and the program record and submitted electronically through the batch method, spreadsheet submittal, or the NSLDS website (34 CFR 685.309). Condition - Of the nine students selected for enrollment reporting testing, the Seminary did not properly update student enrollment information for one student in a timely manner. Questioned Costs - None Identification of How Questioned Costs Were Computed - N/A Context - Out of a sample of nine students, our testing identified one that was not properly reported as graduated when the Seminary had determined they were. Cause and Effect - The Seminary did not have formal procedures and controls in place to document students that need to be added back to the roster to report their graduated status. The lack of documentation of withdrawn students awaiting graduation led to the inability to support the compliance with the applicable code of federal regulations in a timely manner. Recommendation - The Seminary should consider implementing a process to submit a final enrollment file upon completion of processing graduates and reviewing procedures to verify that the information uploaded and reported is complete, accurate, and timely. Views of Responsible Officials and Planned Corrective Actions - Students who finish their degree in December are reported as “withdrawn,” as there is no option to confer in December (institutional policy). The student status is updated to "graduated” and reported to Clearinghouse in May when students are conferred.

Categories

Student Financial Aid Allowable Costs / Cost Principles Reporting Significant Deficiency Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 371989 2023-003
    Material Weakness Repeat
  • 371990 2023-007
    Significant Deficiency
  • 371991 2023-002
    Material Weakness Repeat
  • 371992 2023-003
    Material Weakness Repeat
  • 371993 2023-004
    Material Weakness Repeat
  • 371994 2023-005
    Material Weakness Repeat
  • 371995 2023-006
    Significant Deficiency
  • 371996 2023-007
    Significant Deficiency
  • 371997 2023-002
    Material Weakness Repeat
  • 371998 2023-003
    Material Weakness Repeat
  • 371999 2023-004
    Material Weakness Repeat
  • 372000 2023-005
    Material Weakness Repeat
  • 372002 2023-007
    Significant Deficiency
  • 948431 2023-003
    Material Weakness Repeat
  • 948432 2023-007
    Significant Deficiency
  • 948433 2023-002
    Material Weakness Repeat
  • 948434 2023-003
    Material Weakness Repeat
  • 948435 2023-004
    Material Weakness Repeat
  • 948436 2023-005
    Material Weakness Repeat
  • 948437 2023-006
    Significant Deficiency
  • 948438 2023-007
    Significant Deficiency
  • 948439 2023-002
    Material Weakness Repeat
  • 948440 2023-003
    Material Weakness Repeat
  • 948441 2023-004
    Material Weakness Repeat
  • 948442 2023-005
    Material Weakness Repeat
  • 948443 2023-006
    Significant Deficiency
  • 948444 2023-007
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $112,082
84.033 Federal Work-Study Program $37,483