Finding Text
Criteria: Title IV requires institutions to award the maximum allowable amount of PELL Grant based on the individual’s enrollment status, cost of attendance and expected family contribution. Condition: In 2 out of 40 instances for the year ended June 30, 2022, the College failed to award the maximum amount of Pell Grant that each student was deemed eligible to receive. Context: We addressed the matter with College management who are aware of the requirements to award the maximum allowable amount of PELL Grant based on the individual’s enrollment status, cost of attendance and expected family contribution. Effect: Failure to properly review and calculate PELL Grants could result in noncompliance and misappropriation of federal funds that are not detected during the normal course of business. Cause: Management oversight. Recommendation: We recommend the College review and update its policies and procedures to ensure all students are awarded the maximum allowable amount of PELL Grant based on the individual’s enrollment status, cost of attendance and expected family contribution.