Finding Text
FISAP Reporting DEPARTMENT OF EDUCATION
ALN #: 84.063
Federal Award Identification #: 2023-2024 Award Year
Condition: The University did not accurately report certain items relating to Pell Grant Reporting on the FISAP report.
Criteria: 34 CFR 668.24(e)
Questioned Costs: $0
Context: The University did not properly report Pell Grant information on the most recent FISAP.
Cause: This was an oversight by management. When initial Pell figures were reported on the FISAP, subsequent adjustments were made based on year-end reconciliations and the University did not reflect the corrections in the FISAP report.
Effect: The FISAP Pell grant expenditures was understated by approximately 12%.
Identification as repeat finding, if applicable: Not applicable
Recommendation: We recommend the University have an independent individual review the FISAP prior to submission for accuracy. We also recommend the University work with the Department of Education to correct errors in the Pell reporting portion of the FISAP.
Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.