Finding 503625 (2024-001)

Finding 2024-001 – Student Financial Aid Cluster, Assistance Listing # 84.007, 84.033, 84.063, 84.268 Compliance Requirement: Special Test and Provisions - Enrollment Reporting Condition: The College had not reported changes of all the sampled withdrawn or graduate students to the NSLDS as required under the Uniform Grant Guidance for the year ended May 31, 2024 accurately or timely. Criteria: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the NSLDS within 60 days of the change. Cause: The College did not have a monitoring mechanism in place that would have alerted them to this deficiency in the system reporting. Context: The College sent three changes related to withdrawn students to the National Student Loan Data System (“NSLDS”) with incorrect statuses and updated the status after 60 days and submitted the status change related to two graduated students after 60 days. Effect: The College did not report withdraw changes to the NSLDS timely. Recommendation: The College should put in place a process to timely capture student status changes so that they can be reported to the NSLDS. Management Response: The College concurs with this finding. See attached management’s corrective action plan.