Finding Text
Return of Title IV (R2T4) Calculations
Significant Deficiency
DEPARTMENT OF EDUCATION
ALN #: 84.268, 84.063
Federal Award Identification #: 2023-2024 Award Year
Condition: There were two incorrect calculations of returned funds for students that withdrew during the term.
Criteria: 34 CFR 668.22
Questioned Costs: $0
Context: Out of 37 students, 2 students who withdrew had incorrect calculations. One student was not offered a post-withdrawal disbursement (PWD) of Pell when they attended less than half time in the spring, and one student had an incorrect last date of attendance used in the calculation. These students were not yet corrected during the audit process.
Cause: These were oversights by the University.
Effect: Incorrect amounts of federal funding were returned. One PWD of Pell was $76 less than the student was eligible for and a Pell PWD of $152 was not paid to one student.
Identification as repeat finding, if applicable: Yes, 2023-002, 2022-002, 2021-004, and 2020-003.
Recommendation: We recommend the University continue to provide additional training for counselors performing R2T4 calculations.
Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.