Finding Text
Federal Agency: U.S. Department of Education
Type of Finding: Significant Deficiency in Internal Control over Compliance and Other Matters
Recurring: No
Compliance Requirement: Special Tests and Provisions - Verification
Program Information: Student Financial Aid Cluster (ALN 84.007, 84.003, 84.063, 84.268)
Criteria: Program reporting requirements state that verification results must be report to CPS no more than 60 days following the school’s first request to the student for documentation of identity.
Condition: Out of 40 students sampled from the school’s verification listing, 4 out of 40 students had verification results reported after 60 days. 9 out of 40 lacked documentation of verification submission for students with no response from applicant.
Cause: Management does not have sufficient procedures for monitoring reporting deadlines related to verification reporting.
Questioned Cost: None.
Recommendations: Management should update their verification reporting process to ensure that verification results are reported in a timely manner and documentation of verification submission is retained.
View of Responsible Officials: The College’s management will address the matter identified as described in the corrective action plan