Finding 524091 (2024-001)

- Repeat Finding
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-02-20
Audit: 343264
Organization: Warren Wilson College (NC)

AI Summary

  • Core Issue: The College failed to report changes for withdrawn students to the NSLDS within the required 60 days.
  • Impacted Requirements: Compliance with the Special Test and Provisions for Enrollment Reporting under the U.S. Department of Education guidelines.
  • Recommended Follow-Up: Implement a process to ensure timely reporting of student status changes to avoid future discrepancies.

Finding Text

Finding No. 2024-001 Identification of the Federal Program: U.S. Department of Education – Student Financial Aid Cluster, Assistance Listing #84.007, 84.033, 84.063, 84.268 Compliance Requirement: Special Test and Provisions – Enrollment Reporting Criteria: The College is required to send changes in attendance levels, graduated, withdrew, dropped out, or enrolled changes to the National Student Loan Data System (“NSLDS”) within 60 days of the change. Condition: The College had not reported changes for withdrawn students to the NSLDS as required under the Uniform Grant Guidance for the year ended June 30, 2024. Cause: The status information reported in the College’s system, Jenzabar (withdrawal date), was incorrectly extracted for the submission to the National Student Clearinghouse and NSLDS, which created discrepancies between the status effective date. The College was unaware of this technical issue and did not have another monitoring mechanism in place that would have alerted it to this deficiency in the system reporting. Context: Of the nine students selected for test work, the College sent one change related to a withdrawn student to the NSLDS with an incorrect status effective date and updated the status after 60 days. Identification as a Repeat Finding: Finding No. 2024-001 is a repeat finding of Finding No. 2023-001. Effect: The College did not report withdraw changes to the NSLDS timely. Recommendation: The College should put in place a process to timely capture withdrawn student changes so that student status changes are reported to the NSLDS within the required timeframe. Management Response: The College concurs with this finding. Corrective Action Plan: See management’s corrective action plan which is attached.

Categories

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

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
10.766 Community Facilities Loans and Grants $14.74M
84.268 Federal Direct Student Loans $3.45M
84.033 Federal Work-Study Program $1.66M
84.063 Federal Pell Grant Program $1.53M
84.007 Federal Supplemental Educational Opportunity Grants $117,586
47.074 Biological Sciences $47,753
84.425 Education Stabilization Fund $43,441