Finding 547053 (2024-002)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2025-03-31
Audit: 351424
Organization: Concordia University Texas (TX)

AI Summary

  • Core Issue: The University failed to report accurate enrollment information for a student, missing the required update timeframe.
  • Impacted Requirements: Compliance with Title IV regulations on timely and accurate enrollment reporting to the National Student Loan Data System (NSLDS).
  • Recommended Follow-Up: Review and improve policies and procedures to ensure timely resolution of reporting issues and compliance with Title IV regulations.

Finding Text

Finding 2024-002: Significant Deficiency – Enrollment Reporting Federal Program: Student Financial Assistance Cluster Federal Agency: U.S. Department of Education Pass-Through Entity: Not Applicable Assistance Listing Number (ALN): 84.268 Federal Award Number: P268K242266 Federal Award Year: June 30, 2024 Criteria: Title IV regulations (34 CFR 685.309(b)) require that upon receipt of an enrollment report from the Secretary, institutions must update all information included in the report and return the report to the Secretary: (i) in the manner and format prescribed by the Secretary; and (ii) within the timeframe prescribed by the Secretary. Unless it expects to submit its next updated enrollment report to the Secretary within the next 60 days, an institution must notify the Secretary within 30 days after the date the institution discovers that: (i) a loan under Title IV of the Act was made to or on behalf of a student who was enrolled or accepted for enrollment at the institution, and the student has ceased to be enrolled on at least a half-time basis or failed to enroll on at least a half-time basis for the period for which the loan was intended or (ii) a student who is enrolled at the institution and who received a loan under Title IV of the Act has changed his or her permanent address. Condition/Context: For 1 of the 28, students who were tested, the incorrect withdrawal effective date was reported to NSLDS. That student's status was also not reported to NSLDS within 60 days. The sample was not a statistically valid sample. Cause: The University's processes did not ensure accurate and timely reporting to NSLDS. Effect: The accuracy of Title IV student loan records depends heavily on the accuracy of the enrollment information reported by institutions. If an institution does not review, update, and verify student enrollment statuses, effective dates of the enrollment status, and the anticipated completion dates, then the Title IV student loan records will be inaccurate. Questioned Costs: Not applicable. Context: Not applicable. Recommendation: It is recommended that the University review policies and procedures in place to resolve reporting issues in a timely manner to facilitate compliance with Title IV regulations. Management's Response: Although enhanced monitoring processes were in place to ensure integrity and punctuality of data reported to the National Student Data Loan System, the University experienced challenges in timely reporting due to staff turnover. The enhanced monitoring and reporting processes have been updated and documented and the University built redundancy into the staffing model to prevent future discrepancies.

Corrective Action Plan

An action plan has been made in conjunction with IT to ensure more timely and accurate notifications of student schedule changes/withdrawals and processing of required adjustments to aid. We will be implementing a more automatic process that will assist with the work flow and efficiency of these processes.

Categories

Student Financial Aid Subrecipient Monitoring Matching / Level of Effort / Earmarking Reporting Significant Deficiency

Other Findings in this Audit

  • 547052 2024-001
    Significant Deficiency
  • 1123494 2024-001
    Significant Deficiency
  • 1123495 2024-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $12.92M
84.063 Federal Pell Grant Program $3.48M
84.033 Federal Work-Study Program $306,697
84.031 Higher Education Institutional Aid $295,183
84.007 Federal Supplemental Educational Opportunity Grants $222,080
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $33,937