FAC Explorer

Finding 375 (2023-002)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2023-10-19
Audit: 793
Organization: Amberton University (TX)
Auditor: Sst Accountants & Consultants

AI Summary

  • Answer: The University failed to accurately update NSLDS for 9 out of 40 students.
  • Trend: This indicates a pattern of misreporting, particularly with student statuses and last dates of attendance.
  • List: Follow up by reviewing all student records for accuracy and implementing a verification process for NSLDS updates.

Finding Text

The University did not accurately update NSLDS for nine of the 40 students tested. Specifically, the University reported incorrect statuses and/or misreported the students' last date of attendance

Corrective Action Plan

Amberton University will strengthen the internal controls related to NSLDS reporting and provide additional training to ensure data is reported accurately to ensure proper compliance with the established guidelines. The University is also beginning to work with the National Student Clearinghouse in the reporting of enrollment information.

Categories

Student Financial Aid Reporting

Other Findings in this Audit

  • 374 2023-001
    Significant Deficiency
  • 576816 2023-001
    Significant Deficiency
  • 576817 2023-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $2.22M
84.425F Education Stabilization Fund $172,703
64.028 Post-9/11 Veterans Educational Assistance $80,299
84.063 Federal Pell Grant Program $66,569