Finding 4402 (2023-002)

Criteria Per the Federal Student Aid Handbook, post-withdrawl disbursements for Title IV grant funds must be disbursed within 45 days of the date the College determined the student withdrew. Condition and Context Of our sample of 60 student files, 1 case was noted where a student received FSEOG funds on April 13, 2023 after the student officially withdrew on February 2, 2023. Cause The College had additional FSEOG funds to award late in the Spring semester and did not identify an awarded student as being withdrawn. Effect The student’s received awards in excess of eligibility. Questioned Costs Known overpayments were $126, and likely questioned amounts were $775. Recommendation We recommend that the College implement additional procedures to ensure all withdrawn students are identified for all departments of the College. We also recommend that the College return $126 to the FSEOG program. Views of Responsible Officials and Corrective Action Plan The College has made the recommended repayment. The College has implemented procedures to assist in ensuring that withdrawn students are identified and known between all departments of the College.