Finding Text
Federal Agency: U.S. Department of Education
Federal Program Title: Student Financial Aid Cluster
ALN Numbers: Multiple
Award Period: September 1, 2023 through August 31, 2024
Type of Finding:
• Significant Deficiency in Internal Control Over Compliance
• Other Matters
Criteria or Specific Requirement: The Code of Federal Regulations, 34 CFR 685.309(b) and
34 CFR 682.610(c) states that because a student begins earning Title IV funds on the first day of attendance, even if the student withdraws before a school’s census date, the school must perform an R2T4 calculation using the number of days or the number of scheduled clock hours the student attended class. The school must include in the R2T4 calculation all forms of Title IV aid that were disbursed or that could have been disbursed, even if the student receives a full tuition refund.
Condition: During our testing, we noted that 1 out of the 12 students had the incorrect term end date used in their return calculation.
Questioned Costs: $88.00.
Context: The University did not correctly assess the number of term days in the R2T4 calculation. Due to this one of the summer calculations was done incorrectly. CLA then tested all the R2T4 calculations in the summer term. Noted one student was affected by the calculation.
Cause: The University incorrectly assessed the number of days in the summer semester.
Effect: One student was incorrectly calculated.
Repeat Finding: No
Recommendation: We recommend the University review the R2T4 calculations and the term dates used.
Views of Responsible Officials: There is no disagreement with the audit finding.