Finding 529175 (2024-001)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-03-20

AI Summary

  • Core Issue: The University failed to obtain the required Statement of Educational Purpose for two students selected for verification, impacting compliance with federal verification requirements.
  • Impacted Requirements: The University did not adhere to 34 CFR 668.51-668.61, which mandates proper verification documentation for students selected by the Department of Education.
  • Recommended Follow-Up: Ensure adherence to current policies by enhancing documentation processes and conducting monthly reviews to prevent future verification issues.

Finding Text

2024 001 Special Tests and Provisions (Verification) Student Financial Assistance Cluster: U.S. Department of Education Federal Pell Grant Program (ALN 84.063) Federal Direct Student Loans (ALN 84.268) Federal Grant Numbers: E-P063P243920 (7/1/2023 – 6/30/2024), P268K253920 (7/1/2023 – 6/30/2024) Statistically Valid Sample: No, and it was not intended to be Prior Year Finding: Not a repeat finding. Finding Type: Significant Deficiency and Noncompliance Criteria: An institution is required to establish written policies and procedures that incorporate the provisions of 34 CFR 668.51 through 668.61 for verifying applicant information for those applicants selected for verification by ED. The institution shall require each applicant whose application is selected by ED to verify the information required for the Verification Tracking Group to which the applicant is assigned. However, certain applicants are excluded from the verification process as listed in 34 CFR 668.54(b). A menu of potential verification items for each award year is published in the Federal Register, and the items to verify for a given application are selected by ED from that menu and indicated on the student’s output documents. Additionally, in accordance with federal requirements, the University shall maintain internal controls over federal programs designed to provide reasonable assurance that transactions are executed in compliance with federal statutes, regulations, and the terms and conditions of the federal award that could have a direct and material effect on a federal program. Condition and Context: For two of the nineteen students selected for verification in fiscal year 2024, the University did not obtain the required Statement of Educational Purpose from the student in order to properly complete verification for the V4 verification status. There were a total of ninety-nine students in fiscal year 2024 selected for V4 or V5 verification and required to submit a Statement of Educational Purpose. The University performed an analysis to determine the total number of students impacted by this issue. There were a total of four students (including the two students mentioned in this finding) for which the University did not obtain the required Statement of Educational Purpose from the student in order to properly complete verification. Cause: The University incorrectly coded high school completion documents as the Statement of Educational Purpose for these two students and therefore did not properly obtain a signed Statement of Educational Purpose to properly complete verification. The management review control over the verification process did not operate at a precise enough level to identify miscoding of the high school completion documents. Effect: The verification was not properly completed for these students. Questioned Costs: None, as the students were ultimately awarded and disbursed the correct amount of student financial aid. Recommendation: We recommend the University ensure that it follows its current policies and procedures to ensure that the proper documentation is requested and completed for the student as required for the verification status. Views of Responsible Officials: The University acknowledges that it incorrectly coded other documents as the Statement of Educational Purpose for the two students selected and therefore did not obtain a signed Statement of Educational Purpose to properly complete verification. The University has enhanced its report for required verification documentation to highlight those selected with V4 or V5 status to ensure all proper documentation is requested and provided by the students as required for the verification status. The review will be done on a monthly basis throughout the fiscal year.

Corrective Action Plan

2024-001 Special Tests and Provisions (Verification) Federal Agency: Student Financial Assistance Cluster - U.S. Department of Education Program Titles and Assistance Listing Numbers (ALN): Federal Pell Grant Program (ALN 84.063) and Federal Direct Student Loans (ALN 84.268) Federal Grant Numbers: E-P063P243920 (7/1/2024 – 6/30/2025), P268K253920 (7/1/2024 – 6/30/2025) Contact Person: James Owens, Director of Financial Aid, (609) 633-9658 x 3400 Corrective Action: The University has enhanced its report for required verification documentation to highlight those selected with V4 or V5 status to ensure all proper documentation is requested and provided by the students as required for the verification status. The review will be done on a monthly basis throughout the fiscal year. Anticipated Completion Date: April 2025

Categories

Special Tests & Provisions Student Financial Aid Significant Deficiency Matching / Level of Effort / Earmarking Internal Control / Segregation of Duties

Other Findings in this Audit

  • 529176 2024-001
    Significant Deficiency
  • 529177 2024-002
    Significant Deficiency
  • 529178 2024-002
    Significant Deficiency
  • 1105617 2024-001
    Significant Deficiency
  • 1105618 2024-001
    Significant Deficiency
  • 1105619 2024-002
    Significant Deficiency
  • 1105620 2024-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $12.02M
84.063 Federal Pell Grant Program $5.22M
45.310 Grants to States $4.50M
21.029 Coronavirus Capital Projects Fund $226,235
84.425 Education Stabilization Fund $202,568
17.268 H-1b Job Training Grants $193,382
21.027 Coronavirus State and Local Fiscal Recovery Funds $109,810
77.008 U.s. Nuclear Regulatory Commission Scholarship and Fellowship Program $97,361
32.011 Affordable Connectivity Outreach Grant Program $80,885
93.264 Nurse Faculty Loan Program (nflp) $61,481
89.003 National Historical Publications and Records Grants $45,550
64.028 Post-9/11 Veterans Educational Assistance $19,344
81.121 Nuclear Energy Research, Development and Demonstration $13,434
45.162 Promotion of the Humanities Teaching and Learning Resources and Curriculum Development $7,600
45.312 National Leadership Grants $124