Finding Text
Student Financial Assistance Cluster
Federal Pell Grants, ALN 84.063
Federal Direct Student Loans, ALN 84.268
U.S. Department of Education Program Year 2023 - 2024
Criteria or Specific Requirement - Special Tests: Verification 34 CFR 668.51 through 668.61
Condition - The University's internal controls did not ensure information on the verification documentation matched the student aid application, data corrections were not submitted to the central processor, and awards were not recalculated.
Cause - The University did not correct the student's ISIR to match the verification documentation and awards were not recalculated.
Effect or potential effect - The student's ISIR was not correct when used for packaging and awarding aid to the student.
Questioned costs - $550
Context - Out of a population of 277 students who received Student Financial Assistance and selected for verification, a sample of 25 students were selected for testing. Our sample was not, and was not intended to be statistically valid. For three of the students tested, information on the verification documentation provided by the student did not match the student's Institutional Student Information Record (ISIR), data corrections were not submitted to the central processor, and awards were not recalculated.
Identification as a repeat finding - N/A
Recommendation - The University should update their controls to ensure student data is properly corrected on students' ISIRs and awards are recalculated, if needed.