Finding 391960 (2023-007)

- Repeat Finding
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-04-01
Audit: 302137
Organization: Presbyterian College (SC)
Auditor: Bdo USA PC

AI Summary

  • Core Issue: The College failed to report student enrollment changes to the NSLDS accurately and on time, affecting compliance with federal requirements.
  • Impacted Requirements: Enrollment reporting must be updated within 30 days for changes like graduation or dropping below half-time status, including accurate program and campus data.
  • Recommended Follow-Up: Implement procedures to ensure timely and accurate reporting of all enrollment status changes to the NSLDS.

Finding Text

Federal Program Information: Federal Direct Student Loans (ALN #84.268), Pell Grants (ALN #84.063) Criteria or Specific Requirement (Including Statutory, Regulatory or Other Citation): Special Tests and Provisions – Enrollment Reporting - The College is required to update students’ statuses on the National Student Loans Data System (“NSLDS”) website if they graduate, withdraw or drop to less than half-time status during the fiscal year within 30 days of the date the College becomes aware of the change in enrollment status. Institutions must also report accurate program and campus level data to the NSLDS. Additionally, institutions are responsible for timely reporting, whether they report directly or via a third-party servicer. As with any school/servicer arrangement for the administration of the Title IV programs, if the school uses a third party to meet the NSLDS enrollment reporting requirements it is the school that must ensure that enrollment information is submitted timely, accurately, and completely. Condition: Instances were identified where the College failed to submit timely and accurate notification to the NSLDS website for students who graduated and had an increase in attendance during the year. Instances were also identified where the College did not report accurate program enrollment status or program begin dates for students. Cause: Lack of administrative oversight with respect to enrollment reporting requirements. Effect or Potential Effect: The College is not in compliance with enrollment reporting requirements. Failure to promptly report accurate and timely changes in enrollment status may adversely impact the repayment status for student loan borrowers. Questioned Costs: None. Context: For 3 of 25 students selected for testing, the College did not report accurate program level data to the NSLDS. For 5 of 29 students selected for testing, the College did not timely report campus level data to NSLDS. Of the 5 students in error, three of those students’ enrollment statuses were not reported accurately. Identification as a Repeat Finding: This is a repeat finding of prior year finding 2022-007. Recommendation: We recommend the College implement procedures to ensure that all status changes are submitted to the NSDLS website correctly and within the required timeframe. Views of Responsible Officials:

Corrective Action Plan

Individuals Responsible for Corrective Action Plan Daniel Hall (Interim Vice President for Finance and Administration) Libby Shull, CPA (Controller) April Baur (Director of Student Financial Aid) Kevin Crider (Chief Information Officer) Vicky Wilson (Registrar) Finding 2023-007 For 3 of 25 students selected for testing, the College did not report accurate program level data to the NSLDS. For 4 of 29 students selected for testing, the College did not timely report campus level data to NSLDS. For 4 out of 29 students, the College did not report students’ enrollment statuses accurately. Corrective Action Plan: The college will be more cognizant of reporting accurate student information to the National Student Clearinghouse in a timelier fashion. The Registrar’s Office and Information Technology Office will review the reporting procedures to determine if changes are necessary in the parameters selecting the appropriate student information that is sent to the National Student Clearinghouse and retrieved by the NSLDS.

Categories

Student Financial Aid Reporting Special Tests & Provisions Matching / Level of Effort / Earmarking

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
10.766 Community Facilities Loans and Grants $58.41M
84.268 Federal Direct Student Loans $15.54M
84.063 Federal Pell Grant Program $1.45M
21.027 Coronavirus State and Local Fiscal Recovery Funds $593,347
84.033 Federal Work-Study Program $129,877
93.859 Biomedical Research and Research Training $121,441
84.007 Federal Supplemental Educational Opportunity Grants $107,905
47.050 Geosciences $52,754
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $7,544
43.008 Undergraduate Student Research Award $7,500
43.008 Space Grant Campus Director $1,500
84.038 Federal Perkins Loan Program $0