Finding 576878 (2023-001)

- Repeat Finding
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2023-10-23
Audit: 959
Organization: Howard Payne University (TX)
Auditor: Capincrouse LLP

AI Summary

  • Core Issue: NSLDS enrollment status dates for withdrawals were reported inaccurately for 2 out of 63 students.
  • Impacted Requirements: This violates 34 CFR 685.309, which could affect students' loan grace periods and repayment terms.
  • Recommended Follow-Up: The University should collaborate with the registrar and National Student Clearinghouse to ensure accurate enrollment reporting.

Finding Text

Enrollment Reporting to NSLDS DEPARTMENT OF EDUCATION ALN #: 84.268 Federal Award Identification #: 2022-2023 Award Year Condition: The NSLDS enrollment status effective date for withdrawals was not accurately sent to NSLDS from the system. Criteria: 34 CFR 685.309 Questioned Costs: $-0- Context: Out of 63 students tested, 2 students had incorrect effective dates reported for their enrollment status. Both of these students were withdrawal students. These students were corrected during the audit. Cause: The last date of attendance was not correctly being pulled out of the system for NSLDS enrollment reporting. Effect: Inaccurate reporting can impact a student’s loan grace period in school deferment eligibility, beginning loan repayments, appropriate interest charges, etc. Identification as repeat finding, if applicable: Yes, 2022-002 Recommendation: We recommend the University continue to work with the registrar and National Student Clearinghouse to accurately report enrollment. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.

Categories

Reporting Student Financial Aid Eligibility Matching / Level of Effort / Earmarking

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $5.62M
84.063 Federal Pell Grant Program $1.59M
84.007 Federal Supplemental Educational Opportunity Grants $195,651
84.038 Federal Perkins Loan Program $140,447
84.033 Federal Work-Study Program $133,072