FAC Explorer

Finding 525543 (2024-002)

-
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-03-04
Audit: 344611
Organization: Benedict College (SC)
Auditor: Capincrouse LLC

AI Summary

  • Core Issue: The College is not fully compliant with updated GLBA requirements, lacking proper documentation for security risk assessments and safeguards.
  • Impacted Requirements: The College has not met the criteria outlined in 16 CFR 314.4, leaving two key components unaddressed.
  • Recommended Follow-Up: Allocate resources to complete the remaining GLBA requirements to protect student information from security risks.

Finding Text

Gramm-Leach-Bliley Act (GLBA) Compliance DEPARTMENT OF EDUCATION ALN #: 84.268, 84.063, 84.007, and 84.033 Student Financial Assistance Cluster Federal Award Identification #: 2023-2024 Award Year Condition: The College did not sufficiently comply with all of the updated requirements of GLBA. Criteria: 16 CFR 314.4 Questioned Costs: $0 Context: The College has not sufficiently documented its security risk assessment and safeguards, including general threats, or provided a written, annual report to the board. Cause: The College prioritized certain aspects of GLBA during the year with two components remaining. Effect: The College has two gaps to fully address the requirements of GLBA, which if not adressed may lead to unintended exposure of student information to security risks. Identification as repeat finding, if applicable: Not applicable. Recommendation: We recommend the College allocate sufficient resources to address the remaining requirements of GLBA. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.

Categories

Subrecipient Monitoring

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $12.04M
84.063 Federal Pell Grant Program $6.83M
84.425 Covid-19 Education Stabilization Fund Heerf Historically Black Colleges and Universities (hbcus) $1.56M
84.031 Higher Education Institutional Aid $1.12M
11.028 Connecting Minority Communities Pilot Program $885,577
84.425 Covid-19 Education Stabilization Fund Governor's Emergency Education Relief Fund $650,188
84.425 Covid-19 Education Stabilization Fund Heerf Student Aid Portion $563,536
81.137 Minority Economic Impact $520,539
15.904 Historic Preservation Fund Grants-in-Aid $500,000
84.007 Federal Supplemental Educational Opportunity Grants $477,744
84.033 Federal Work-Study Program $443,408
15.932 Preservation of Historic Structures on the Campuses of Historically Black Colleges and Universities (hbcus). $442,806
17.289 Community Project Funding/congressionally Directed Spending $338,666
11.024 Build to Scale $335,735
93.354 Public Health Emergency Response: Cooperative Agreement for Emergency Response: Public Health Crisis Response $332,556
84.047 Trio Upward Bound $326,654
81.104 Environmental Remediation and Waste Processing and Disposal $212,601
20.701 University Transportation Centers Program $202,416
84.120 Minority Science and Engineering Improvement $181,779
47.049 Mathematical and Physical Sciences $178,185
59.077 Community Navigator Pilot Program $92,274
12.330 Science, Technology, Engineering & Mathematics (stem) Education, Outreach and Workforce Program $90,393
59.043 Women's Business Ownership Assistance $83,610
81.123 National Nuclear Security Administration (nnsa) Minority Serving Institutions (msi) Program $70,540
84.425 Covid-19 Education Stabilization Fund American Rescue Plan--Elementary and Secondary School Emergency Relief (arp Esser) $58,069
20.237 Motor Carrier Safety Assistance High Priority Activities Grants and Cooperative Agreements $54,911
43.002 Aeronautics $42,419
11.034 Mbda Capital Readiness Program $41,947
93.959 Block Grants for Prevention and Treatment of Substance Abuse $31,566
20.215 Highway Training and Education $25,397
93.297 Teenage Pregnancy Prevention Program $23,230
47.070 Computer and Information Science and Engineering $16,561
47.084 Nsf Technology, Innovation, and Partnerships $13,881
11.620 Science, Technology, Business And/or Education Outreach $8,454
93.859 Biomedical Research and Research Training $8,315
43.008 Office of Stem Engagement (ostem) $7,928
47.083 Integrative Activities $4,659
47.076 Stem Education (formerly Education and Human Resources) $4,502