Finding 515847 (2024-003)

Significant Deficiency Repeat Finding
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2024-12-19
Audit: 333710
Organization: University of Mount Olive, Inc. (NC)
Auditor: Bdo USA PC

AI Summary

  • Core Issue: The University inaccurately reported significant enrollment data for both Pell Grant and Direct Loan programs.
  • Impacted Requirements: Compliance with enrollment reporting standards under NSLDS is not being met, affecting both Campus and Program Level data.
  • Recommended Follow-Up: Enhance internal controls and procedures for enrollment reporting to ensure accurate data submission to NSLDS.

Finding Text

Federal Program Information: Pell Grant Program (ALN 84.063), Direct Student Loans (ALN 84.268) Criteria or Specific Requirement: N. Special Tests and Provisions – Enrollment Reporting – Institutions are required to report enrollment information under the Pell grant and the Direct and Federal Family Education Loan (FFEL) loan programs via the National Student Loan Data System (NSLDS) (OMB No. 1845-0035). Although FFEL loans are no longer made or a part of the Student Financial Assistance Cluster, a student may have a FFEL loan from previous years that would require enrollment reporting for that student (Pell, 34 CFR 690.83(b)(2); FFEL, 34 CFR 682.610; Direct Loan, 34 CFR 685.309). Institutions must review, update, and verify student enrollment statuses, program information, and effective dates that appear on the Enrollment Reporting Roster file or on the Enrollment Maintenance page of the NSLDS Professional Access (NSLDSFAP) website. The data on the institution’s Enrollment Reporting Roster, or Enrollment Maintenance page, is what NSLDS has as the most recently certified enrollment information. There are two categories of enrollment information, “Campus Level” and “Program Level,” each with separate record types requiring accurate reporting. The NSLDS Enrollment Reporting Guide provides the requirements and guidance for reporting enrollment details using the NSLDS Enrollment Reporting Process. Condition: Program Level: Significant data elements were inaccurately reported for certain students. Campus Level: Significant data elements were inaccurately reported for certain students. Cause: Administrative oversight and insufficient internal control. Effect or Potential Effect: The University was not in compliance with the enrollment reporting requirements. Questioned Costs: None. Context: For 6 of 40 program level status changes tested, the University did not accurately report one or more significant data elements to NSLDS. For 1 of 40 campus level status changes tested, the University did not accurately report one or more significant data elements to NSLDS. Identification as a Repeat Finding: This is a repeat of Finding 2023-003. Recommendation: We recommend the University enhance its procedures and internal controls over enrollment reporting to ensure students’ enrollment statuses are accurately reported to NSLDS. Views of Responsible Officials: The University has implemented a plan to review the NSLDS website within 10 Business Days of any submission to ensure that the submitted data has been processed correctly by Clearinghouse and NSLDS.

Corrective Action Plan

Name of Responsible Individual: Ms. Terri Grice Corrective Action: The University has implemented a plan to review the NSLDS website within 10 Business Days of any submission to ensure that the submitted data has been processed correctly by Clearinghouse and NSLDS. Anticipated Completion Date: December 13, 2024

Categories

Student Financial Aid Reporting Matching / Level of Effort / Earmarking Internal Control / Segregation of Duties Special Tests & Provisions

Other Findings in this Audit

  • 515844 2024-001
    - Repeat
  • 515845 2024-002
    Significant Deficiency
  • 515846 2024-002
    Significant Deficiency
  • 515848 2024-003
    Significant Deficiency Repeat
  • 1092286 2024-001
    - Repeat
  • 1092287 2024-002
    Significant Deficiency
  • 1092288 2024-002
    Significant Deficiency
  • 1092289 2024-003
    Significant Deficiency Repeat
  • 1092290 2024-003
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $14.52M
84.063 Federal Pell Grant Program $5.39M
84.007 Federal Supplemental Educational Opportunity Grants $178,893
84.033 Federal Work-Study Program $102,369