Finding 42229 (2022-002)

Material Weakness
Requirement
N
Questioned Costs
-
Year
2022
Accepted
2023-08-13
Audit: 46355
Organization: Pillar College and Subsidiaries (NJ)
Auditor: Capincrouse LLP

AI Summary

  • Core Issue: The College inaccurately reported enrollment data to NSLDS, with 19 out of 60 students misclassified.
  • Impacted Requirements: Compliance with 34 CFR 690.83(b) and 34 CFR 685.309 is at risk due to these reporting errors.
  • Recommended Follow-Up: Implement regular spot checks after each enrollment report to ensure accuracy in future submissions.

Finding Text

Enrollment Reporting to NSLDS Material Weakness DEPARTMENT OF EDUCATION ALN #: 84.063 and 84.268 Federal Award Identification #: 2021-22 Financial Aid Year Condition: The College did not report enrollment information to the National Student Loan Data System (NSLDS) accurately. Criteria: 34 CFR 690.83(b) and 34 CFR 685.309 Questioned Costs: $0 Context: Out of 60 students tested, 19 students had been reported to NSLDS correctly as enrolled at the program level but reported as withdrawn at the campus level. Cause: It was discovered in March 2023 that the student information system was incorrectly processing the NSLDS Enrollment reporting. The College has a file of all students that need to be updated and corrected, which will be processed this summer. Effect: Inaccurate reporting can impact a student's loan grace period in school deferment eligibility, beginning loan repayments, appropriate interest charges, etc. Identification as repeat finding, if applicable: N/A Recommendation: We recommend the College spot check students after each enrollment reporting submission is completed to ensure accurate enrollment reporting. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.

Corrective Action Plan

Enrollment Reporting to NSLDS Planned Corrective Action: The college will continue to process the semi-monthly NSLDS reporting through the SIS and undertake spot checking 10% of the reported students after each enrollment reporting submission is completed to ensure accurate enrollment reporting. The errors will be fixed, and the type of errors will be tracked to modify the SIS as needed. Person Responsible for Corrective Action Plan: Brian Schroeder, Registrar Anticipated Date of Completion: current

Categories

Reporting Student Financial Aid Eligibility Material Weakness Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 42230 2022-003
    Material Weakness Repeat
  • 42231 2022-004
    Significant Deficiency
  • 42232 2022-005
    Significant Deficiency
  • 42233 2022-002
    Material Weakness
  • 42234 2022-003
    Material Weakness Repeat
  • 42235 2022-004
    Significant Deficiency
  • 42236 2022-006
    -
  • 42237 2022-003
    Material Weakness Repeat
  • 49674 2022-004
    Significant Deficiency
  • 49675 2022-003
    Material Weakness Repeat
  • 49676 2022-004
    Significant Deficiency
  • 49677 2022-004
    Significant Deficiency
  • 49678 2022-007
    -
  • 49679 2022-008
    -
  • 49680 2022-007
    -
  • 49681 2022-008
    -
  • 618671 2022-002
    Material Weakness
  • 618672 2022-003
    Material Weakness Repeat
  • 618673 2022-004
    Significant Deficiency
  • 618674 2022-005
    Significant Deficiency
  • 618675 2022-002
    Material Weakness
  • 618676 2022-003
    Material Weakness Repeat
  • 618677 2022-004
    Significant Deficiency
  • 618678 2022-006
    -
  • 618679 2022-003
    Material Weakness Repeat
  • 626116 2022-004
    Significant Deficiency
  • 626117 2022-003
    Material Weakness Repeat
  • 626118 2022-004
    Significant Deficiency
  • 626119 2022-004
    Significant Deficiency
  • 626120 2022-007
    -
  • 626121 2022-008
    -
  • 626122 2022-007
    -
  • 626123 2022-008
    -

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $2.39M
84.425 Covid-19 Education Stabilization Fund Heerf - Institutional Portion $1.49M
84.063 Federal Pell Grant Program $1.20M
84.425 Covid-19 Education Stabilization Fund Heerf - Student Aid Portion $963,041
84.425 Covid 19 Education Stabilization Fund Heerf - Minority Serving Institutions $167,875
84.007 Federal Supplemental Educational Opportunity Grants $36,835
84.033 Federal Work-Study Program $20,809
84.007 Covid-19 Federal Supplemental Educational Opportunity Grants $12,854