Finding Text
Federal Agency: Department of Education Federal Program Title: Student Financial Assistance Cluster Assistance Listing Number: Various Award Period: July 1, 2021 through June 30, 2022 Type of Finding: ? Significant Deficiency in Internal Control Over Compliance ? Other Matters Criteria or specific requirement: The Code of Federal Regulations, 34 CFR 668.25(e) states that an institution must notify the Department of Education by way of the ECAR within 10 days of a change in position of an official at the University. Condition: During our testing, we noted that the change in Financial Aid Administrator and Controller was not reported timely to the Department of Education. Questioned costs: None Context: During our testing, we noted the Financial Aid Administrator and Controller had a change in position and it was not updated within 10 days. Cause: During 2021, the Financial Aid Administrator and Controller both departed the College. A replacement was not immediately named and was not report to the Department of Education until the permanent replacements began employment several months later. Effect: The University is not in compliance with Department of Education requirements that state the ECAR must have accurately reported information. Repeat Finding: No Recommendation: We recommend the College review its reporting procedures surrounding updating the ECAR to ensure reporting is accurate and completed. Views of responsible officials: There is no disagreement with the audit finding.