Finding 388302 (2023-001)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-03-28
Audit: 300098
Organization: Maranatha Baptist University (WI)

AI Summary

  • Core Issue: The University has a significant deficiency in internal controls, leading to discrepancies between its enrollment records and those reported to NSLDS.
  • Impacted Requirements: Accurate and timely reporting of student enrollment information is crucial for compliance with Title IV program administration.
  • Recommended Follow-Up: The University should review its enrollment certification batches after they are posted by NSLDS to ensure accuracy.

Finding Text

Federal Agency: U.S Department of Education Federal Program Name: Student Financial Aid Cluster Assistance Listing Number: 84.063, 84.268 Federal Award Identification Number and Year: P063P224177, P268K234177 Award Period: • 84.063: March 23, 2022 to August 31, 2023 • 84.268: July 1, 2022 to June 30, 2023 Type of Finding: • Significant Deficiency in Internal Control over Compliance • Other Matters Criteria or specific requirement: The administration of the Title IV programs depends heavily on the accuracy and timeliness of the enrollment information reported by institutions. Institutions must review, update, and certify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website. Condition: The University failed to reconcile the enrollment effective dates per their records to the enrollment effective dates per NSLDS. Questioned costs: There are no questioned costs. Context: 1) One (1) student was found to have been reported to NSC, but they were not subsequently reported to NSLDS. 2) Two (2) students had different NSLDS campus level effective dates when compared to the University's records. 3) Seventeen (17 students had different NSLDS program level effective dates when compared to the University's records. Cause: The University's internal controls failed to detect that the data reported and posted to NSLDS did not agree to the University's records. Effect: There is a risk that students have the incorrect NSLDS effective date, which can be essential for other political criteria. Repeat finding: No Recommendation: We recommend that the University review its enrollment certification batches subsequent to being posted by NSLDS. Views of responsible officials: There is no disagreement with the audit finding.

Categories

Student Financial Aid Internal Control / Segregation of Duties Reporting Significant Deficiency

Other Findings in this Audit

  • 388301 2023-001
    Significant Deficiency
  • 964743 2023-001
    Significant Deficiency
  • 964744 2023-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $1.76M
84.063 Federal Pell Grant Program $1.19M
84.007 Federal Supplemental Educational Opportunity Grants $34,500
84.425 Education Stabilization Fund $19,493