Finding Text
Criteria or Specific Requirement
Special tests and provisions – Reporting
FISAP Award Year July 1, 2021 through June 30, 2022
Condition
The University used incorrect amounts in Section E, Assessments and Expenditures for tuition and fees – graduates and undergraduates and Pell expenditures. The University failed to report the total expended state grants and scholarships made to undergraduates.
Context
The University has a review procedure in place whereby the Student Financial Aid Director and the Vice-President of Business and Finance cross check portions of the FISAP prepared by the other individual.
Effect
The review procedure failed to detect incorrect and missing amounts reported on the FISAP.
Cause
The University failed to update the prior year amounts for tuition and fees – graduates and undergraduates and Pell expenditures, and did not input a current year amount for total expended state grants and scholarships made to undergraduates.
Recommendation
The second person reviewing the FISAP should compare the numbers reported on the document to the supporting documents.