Finding Text
Need Analysis DEPARTMENT OF EDUCATION
ALN #: 84.268, 84.063, 84.007, 84.033 and 84.379
Federal Award Identification #: 2023-2024 Award Year
Condition: 1 student was awarded aid over the cost of attendance.
Criteria: 34 CFR 685.203
Questioned Costs: $6,474
Context: 1 student out of 60 was awarded aid over the cost of attendance.
Cause: The student had originally registered for multiple quads. When the student changed enrollment status, and the cost of attendance was adjusted appropriately, aid was not reduced to equal the cost of attendance, resulting in an overaward of federal direct loans.
Effect: The student received federal aid for which they were not eligible.
Identification as repeat finding, if applicable: Not applicable
Recommendation: We recommend the University add a step to the review process to identify students who have changes in enrollment status and changes in the cost of attendance to ensure any overawards are resolved.
Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.