Finding 525028 (2024-002)

Significant Deficiency Repeat Finding
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-02-28
Audit: 344339
Organization: Albright College (PA)

AI Summary

  • Core Issue: The College failed to report changes in student enrollment status for 12 out of 25 students within the required timeframes, impacting compliance with federal regulations.
  • Impacted Requirements: Title IV regulations mandate timely updates to enrollment information, which were not followed, risking inaccuracies in student loan records.
  • Recommended Follow-Up: The College should review and enhance its enrollment reporting policies to ensure all status changes are reported accurately and on time to the NSLDS.

Finding Text

Finding 2024-002: Enrollment Reporting Federal Programs: Federal Pell Grant Program Federal Agency: U.S. Department of Education Pass-Through Entity: Not Applicable ALN Numbers: 84.063 Federal Award Year: May 31, 2024 Repeat Finding: 2023-003 Criteria: Title IV regulations (34 CFR 685.309(b)) require that upon receipt of an enrollment report from the Department of Education Office of the Secretary (Secretary), institutions must update all information included in the report and return the report to the Secretary: (i) in the manner and format prescribed by the Secretary; and (ii) within the timeframe prescribed by the Secretary. Unless it expects to submit its next updated enrollment report to the Secretary within the next 60 days, an institution must notify the Secretary within 30 days after the date the institution discovers that: (i) a loan under Title IV of the Act was made to or on behalf of a student who was enrolled or accepted for enrollment at the institution, and the student has ceased to be enrolled on at least a half-time basis or failed to enroll on at least a half-time basis for the period for which the loan was intended; or (ii) a student who is enrolled at the institution and who received a loan under Title IV of the Act has changed his or her permanent address. Condition: The change in student status for 12 of the 25 students tested was not reported to the National Student Loan Data Systems (NSLDS) within 30 days or included in a response to a roster file within 60 days. However, these students were ultimately reported to the NSLDS. The sample was not a statistically valid sample but was determined using Chapter 21 - Audit Sampling Considerations of Uniform Guidance Compliance Audits of the Government Auditing Standards and Single Audit Guide. Cause: The College's procedures for reporting all student status changes were not appropriately followed in order to allow for timely reporting to NSLDS. Effect: The accuracy of Title IV student loan records depends heavily on the accuracy of the enrollment information reported by the College. If an institution does not review, update and verify student enrollment statuses, effective dates of the enrollment status and the anticipated completion dates, then the Title IV student loan records will be inaccurate and could affect student loan repayments. Questioned Costs: None. Recommendation: The College should review their policy on enrollment reporting to NSLDS to ensure all status changes during the year are reported in a timely and accurate manner. Views of Responsible Officials and Planned Corrective Actions: The Registrar’s Office remains committed to adhering to the College’s established reporting cadence. To ensure compliance with federal requirements, the College submits enrollment data to the National Student Clearinghouse at least every 30 days, maintaining timely and accurate reporting to the National Student Loan Data System.

Corrective Action Plan

Finding 2024-002 Condition The change in student status for 12 of the 25 students tested was not reported to the National Student Loan Data Systems (NSLDS) within 30 days or included in a response to a roster file within 60 days. However, these students were ultimately reported to the NSLDS. Corrective Action Plan The Registrar’s Office remains committed to adhering to the College’s established reporting cadence. To ensure compliance with federal requirements, the College submits enrollment data to the National Student Clearinghouse at least every 30 days, maintaining timely and accurate reporting to the National Student Loan Data System. Name(s) of Contact Person(s) Responsible for Corrective Action: Michael Armato, Registrar James Palmer, Director of Institutional Research Anticipated Completion Date: FY2025

Categories

Student Financial Aid Reporting Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 1101470 2024-002
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $10.34M
84.063 Federal Pell Grant Program $3.90M
84.038 Federal Perkins Loan Program $2.29M
21.027 Coronavirus State and Local Fiscal Recovery Funds $935,656
84.215 Innovative Approaches to Literacy; Promise Neighborhoods; Full-Service Community Schools; and Congressionally Directed Spending for Elementary and Secondary Education Community Projects $697,177
84.007 Federal Supplemental Educational Opportunity Grants $187,649
84.031 Higher Education Institutional Aid $114,857
93.243 Substance Abuse and Mental Health Services Projects of Regional and National Significance $97,838
84.033 Federal Work-Study Program $67,611
84.425 Education Stabilization Fund $57,259
81.049 Office of Science Financial Assistance Program $54,468
47.076 Stem Education (formerly Education and Human Resources) $14,623