Finding 576879 (2023-002)

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

AI Summary

  • Core Issue: Two students received incorrect Summer Pell awards due to enrollment status miscalculations.
  • Impacted Requirements: Compliance with 34 CFR 690.63(b) regarding proper Pell award calculations.
  • Recommended Follow-Up: Work with Powerfaids to resolve the calculation errors and ensure accurate future awards.

Finding Text

Incorrect Summer Pell Calculations DEPARTMENT OF EDUCATION ALN #: 84.063 Federal Award Identification #: 2022-2023 Award Year Condition: 2 students out of 39 were not properly awarded summer Pell based on enrollment status. Criteria: 34 CFR 690.63(b) Questioned Costs: $-0- Context: One student was eligible for $862 of summer Pell, but was awarded through Powerfaids $619. One student was eligible for $1,724 but awarded $619. The University is investigating why the Pell charts pulled these amounts, and has escalated the case with the software vendor. The University is in the process of correcting these two students. Cause: The calculations pulled from the government charts did not accurately award Pell based on enrollment status, expected family contribution, and cost of attendance. Effect: Pell was not awarded correctly based on enrollment status. Identification as repeat finding, if applicable: Not applicable. Recommendation: We recommend seeking resolution with Powerfaids to ensure proper awarding going forward. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 436 2023-001
    - Repeat
  • 437 2023-002
    -
  • 576878 2023-001
    - Repeat

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