Finding Text
2024-001: Special Tests and Provisions - Enrollment Reporting. Finding Type: Noncompliance. Program Tested: Student Financial Aid Cluster. Federal Agency: U.S. Department of Education. Context: The OMB compliance supplement requires Institutions to report enrollment information under the Pell Grant and the Direct and Federal Family Education loan programs via the National Student Loan Data System. Repeat Finding: No. Critieria: The OMB compliance supplement requires institutions to report enrollment information under the Pell Grant and the Direct and Federal Family Education loan programs via the National Student Loan Data System within 60 days or every other month. Condition: During our audit of the Student Financial Aid Cluster major program, we noted the University failed to submit enrollment reports within 60 days to the Nation Student Loan Data System. Cause: The University encountered technical difficullties with their reporting software after a required update was installed which prevented them from submitting the enrollment reports. Effect: Failure to submit enrollment reports timely could allow students that have withdrawn from the University to receive funding and cause students' financial aid repayments to be delayed. Recommendation: Management should oversee resolution of IT issues in a timely manner to ensure the required enrollment reports are submitted within 60 days. Views of Management: See Auditee Corrective Action Plan.