Finding 520625 (2024-001)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-01-29

AI Summary

  • Core Issue: The Institute failed to maintain effective internal controls over compliance, leading to inaccuracies in reporting student Program-Level data to the NSLDS.
  • Impacted Requirements: Compliance with DOE's standards for timely and accurate reporting of high-risk data elements was not met, affecting 9 out of 27 student records tested.
  • Recommended Follow-Up: Management should enhance policies for enrollment reporting and implement a review process by an independent individual before submission to ensure data accuracy.

Finding Text

2024-001 Assistance Listing Number(s), Federal Agency and Program Name: 84.063, 84.007, 84.033, and 84.268; United States Department of Education (DOE), Student financial assistance cluster. Finding Type: Noncompliance and material weakness in internal control over compliance relating to special tests. Criteria: The Institute is responsible for designing, implementing, and maintaining internal control over compliance for special tests and provisions and for accurately and timely reporting significant data elements under the Campus-Level and Program-Level records within the National Student Loan Data System (NSLDS) that DOE considers high risk. Statement of Condition: Management implemented controls that specifically addressed some of the circumstances surrounding prior year finding 2023-001. Management's review of the enrollment reporting did not detect errors on certain student Program-Level data elements or timely reporting. Certain student records within the NSLDS were identified with inaccurate Program-Level data elements and not timely reported. Questioned Costs: There were no questioned costs. Context: 9 students were identified with inaccurate Program-Level data elements and not timely reported out of a total of 27 student statuses tested. The Campus-Level data elements were accurately and timely reported. Cause: The Institute’s internal control over compliance did not detect and correct the errors. The preparer incorrectly reported graduate file impacting the student's effective dates and statuses during submission process to NSLDS resulting in inaccuracies in significant Program-Level enrollment data elements that ED considers high risk. The Institute’s internal control over compliance did not detect and correct the error. Effect: The Institute incorrectly reported certain Program-Level records in NSLDS which is information that DOE considers high risk and the Institute’s internal controls over compliance did not detect and correct the errors. Recommendation: We recommend management review policies and procedures surrounding enrollment reporting submissions to ensure the accuracy of Program-Level data elements reported to DOE. A review performed by an appropriate individual separate from the preparer prior to the submission of the enrollment reports to NSLDS may improve the accuracy of enrollment reporting. Management’s Response: Management agrees with the finding. Through internal investigation, it was determined that the date field issues found in 2023 also impacted “special” files, which include graduate data files and are processed differently in-house. This error has been fixed so that both fields will always be the same and accurate using the same corrective method as the 2023-001 finding. The registrar will now confirm both the student-level and program-level data fields upon submission to NSC.

Categories

Reporting Special Tests & Provisions Student Financial Aid Material Weakness Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 520624 2024-001
    Material Weakness Repeat
  • 520626 2024-001
    Material Weakness Repeat
  • 520627 2024-001
    Material Weakness Repeat
  • 1097066 2024-001
    Material Weakness Repeat
  • 1097067 2024-001
    Material Weakness Repeat
  • 1097068 2024-001
    Material Weakness Repeat
  • 1097069 2024-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $8.18M
84.063 Federal Pell Grant Program $1.92M
84.007 Federal Supplemental Educational Opportunity Grants $124,330
84.033 Federal Work-Study Program $94,394
42.025 Promotion of the Arts Grants to Organizations and Individuals $25,000
84.126 Rehabilitation Services Vocational Rehabilitation Grants to States $9,247
84.334 Gaining Early Awareness and Readiness for Undergraduate Programs $6,406