Finding Text
Special Tests and Provisions - Verification
Federal Program Information:
Funding agency: US Department of Education
Title: Student Financial Assistance Cluster
AL Number: 84.007, 84.033, 84.063, 84.268
Award year: 2024
Criteria: Institutions are responsible to accurately report verification information for the Verification Tracking Group
in which the applicant is assigned.
Condition: The examination disclosed 3 students, out of 23 student files who were selected for verification, in which
the verification was not completed correctly.
Student A – The Student was selected for V1 verification, the IRS DRT equals 01, and the VWS was collected but the
tax documents were not. The institution did not complete verification for the student.
Student B - According to the parent's tax return the income tax paid is $4,567 but on the ISIR the amount is $5,467.
There was no Schedule 2 on file to account for the difference. The institution did not accurately update the student’s
information therefore completing verification inaccurately.
Student C – The number in household on the ISIR is 7 but the number in household according to the VWS is 6.
Questioned Costs: $0
Effect: The identified students selected for verification were not accurately updated based on the documentation
received for their Verification Tracking Group.
Cause: There was an oversight by the institution.
Recommendation: The institution should implement better oversight to update students selected for verification
based on their Verification Tracking Group. The institution should review the students identified and calculate the
accurate numbers in their EFC calculation to determine if Title IV funding would be affected.