Finding Text
2024-001 Incorrect Pell Disbursement Amount - Student Financial Aid Cluster Assistance
Listing Number 84.007, 84.033, 84.063, 84.268, Grant Period - Year Ended
June 30, 2024
Criteria: According to 34 CFR 690.63 students may qualify for a maximum Pell Grant
award of $7,395 for an award year. The maximum amount is awarded to students with
a zero Expected Family Contribution (EFC) and full-time enrollment status. Students
with less than full-time enrollment or more than a zero EFC are eligible for a reduced
Pell award.
Condition: During our student file testing we noted one student out of forty was not
disbursed the correct Pell Grant award. Based on the student’s enrollment status and
need, the College over awarded the student by $925. We consider this to be an instance
of noncompliance relating to the Eligibility Compliance Requirement. Statistical sampling was not used when making sample selections. Questioned Costs: $925
Effect: A student received an incorrect amount of Pell award and was over awarded an
amount of $925.
Cause: The College’s internal controls did not identify that the incorrect amount of Pell
grant was awarded to the student. According to the Department of Education’s Pell
matrix chart, the student was over awarded Pell in the amount of $925.
Recommendation: We recommend the College closely monitor all student’s enrollment
status to ensure all students receive financial aid are disbursed the correct amount.
Views of Responsible Officials: Management agrees with this finding and response is
included in Corrective Action Plan.