Finding Text
Finding Type. Immaterial Noncompliance / Significant Deficiency in Internal Control over Compliance (Special Tests and Provisions). Program. Student Financial Assistance Cluster; U.S. Department of Education; Assistance Listing Numbers 84.007, 84.033, 84.063, 84.268; Award Numbers P007A232008, P033A232008, P063P231633, and P268K241633. Criteria. The total number of calendar days in an enrollment period included all days within the period, excluding scheduled breaks of at least 5 consecutive days, as specified by the 34 CFR 668.22(f) Compliance Supplement. Condition. For the 2024 Spring semester, the incorrect start date of the semester was used for calculating the return to Title IV funds. Cause. This condition was caused by a lack of detailed review of the Return to Title IV calculation and days used for the Spring 2024 semester. Effect. As a result, four students' Return to Title IV calculations were performed using incorrect start dates for the 2024 Spring semester resulting in an error of $84 among the students. The College corrected this issue on July 30, 2024 once the issue was identified. Questioned Costs. No costs were required to be questioned as a result of this finding, inasmuch as our testing did not reveal any unallowed costs. Recommendation. We recommend that the College implement a review process to ensure that the number of enrollment days used in the Return to Title IV calculations is accurate an that the Return to Title IV calculation is being reviewed by a second individual. View of Responsible Officials. Management agrees with this finding and has prepared a Corrective Action Plan.