Finding Text
Federal Program Information: Student Financial Assistance Cluster (Various Federal Assistance Listing Numbers)
Criteria or Specific Requirement (Including Statutory, Regulatory or Other Citation): In accordance with Eligibility requirements, the University is required to calculate the cost of attendance for students based on the cost of attendance budget.
Condition: The cost of attendance for one student did not agree to the budget based on the student’s enrollment.
Cause: The University did not appropriately calculate one student’s cost of attendance.
Effect: The University did not comply with the requirement to appropriately calculate the cost of attendance for a student.
Questioned Costs: None.
Context: 1 of 25 students selected for testing.
Repeat Finding: This is not a repeat finding from the prior year.
Recommendation: We recommend that the University accurately calculate the cost of attendance.
Views of responsible officials and planned corrective actions: Management concurs with the finding. The University plans to review its process for the cost of attendance calculation.