Finding Text
Finding 2023-003: Special Reporting
Federal Program: Student Financial Aid Cluster – Significant Deficiency
Federal Agency: Department of Education
ALN Number: 84.063, 84.268, 84.033, 84.007
Criteria: The College is required to submit the Fiscal Operations Report and Application to Participate (FISAP)
annually to receive funds for the campus-based programs.
Condition: The College incorrectly reported the institutional share of Federal Work Study awards and information
on tuition and fees in the FISAP submitted to the Department of Education. Additionally, the College did not
maintain records of supporting the Distribution of Program Recipients and Expenditures by Type of Student in Part
VI, Program Summary for Award Year.
Questioned Costs: None
Cause: Employee turnover.
Effect: The College did not operate in accordance with the special reporting compliance requirement.
Recommendation: The College should develop procedures to have the financial aid and financial accounting
information systems reconciled on a monthly basis. These reconciliation will ensure accurate reporting during
periods of turnover of key personnel.
Views of Responsible Officials: Management agrees with this finding.