Finding 523684 (2024-002)

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Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-02-19

AI Summary

  • Core Issue: The College failed to report student attendance changes to the NSLDS within the required 60-day timeframe.
  • Impacted Requirements: Compliance with the Special Test and Provisions for Enrollment Reporting under federal guidelines.
  • Recommended Follow-Up: Implement a process to ensure timely tracking and reporting of student status changes to the NSLDS.

Finding Text

Nonmaterial Noncompliance Findings Finding 2024-002 – Student Financial Aid Cluster, Assistance Listing # 84.063 and 84.268 Compliance Requirement: Special Test and Provisions – Enrollment Reporting Criteria: The College is required to send changes in attendance levels of students, including students who, graduated, withdrew, dropped out, or enrolled changes to the National Student Loan Data System (“NSLDS”) within 60 days of the change. Condition: The College did not send changes in attendance levels of students, including students who graduated, withdrew, dropped out, or enrolled changes to the NSLDS within 60 days of the change. Cause: The College had not reported status changes of students to the NSLDS as required under the Uniform Grant Guidance for the year ended June 30, 2024. The status information reported in the College’s system, was incorrectly tracked for the submission to the National Student Clearinghouse and NSLDS, which created late submissions. Context: Of our population tested the College had six status changes to the NSLDS after 60 days. Effect: The College did not report status changes to the NSLDS timely. Recommendation: The College should put in place a process to timely capture student changes so they can be reported to the NSLDS. Management Response: The College concurs with this finding. Corrective Action Plan: See attached management’s corrective action plan.

Corrective Action Plan

Finding 2024-002 Student Financial Aid Cluster, Assistance Listing # 84.063, 84.268 Condition: The College did not send changes in attendance levels of students, including students who graduated, withdrew, dropped out, or enrolled changes to the NSLDS within 60 days of the change. Corrective Action Plan: Objective: To ensure the timely reporting of changes in attendance levels of students, including students who graduated, withdrew, dropped out, or enrolled, to the National Student Loan Data Center (NSLDS) within 60 days of the change. Corrective Actions: 1. Review and update internal policies and procedures 2. Training and education for relevant staff 3. Implement a tracking and monitoring system 4. Conduct regular audits and monitoring 5. Collaborate with NSLDS for support and guidance Monitoring and Follow-Up: • The College’s Financial Aid Office will track the implementation of this Corrective Action Plan and provide monthly progress updates to senior management. • The College will conduct periodic reviews and evaluations to ensure that the plan’s objectives are being met and that the institution remains in full compliance with the Department of Education’s reporting requirements. Person(s) Responsible for Corrective Action Plan: Jamieta Hoskins, Director of Financial Aid Anticipated Completion Date for Corrective Action Plan: February 28, 2025

Categories

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

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.063 Federal Pell Grant Program $2.84M
84.268 Federal Direct Student Loans $1.10M
84.007 Federal Supplemental Educational Opportunity Grants $71,096
84.033 Federal Work-Study Program $11,628