FAC Explorer

Finding 577297 (2022-002)

- Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-10-27
Audit: 1636
Organization: Helene Fuld College of Nursing (NY)
Auditor: Uhy LLP

AI Summary

  • Core Issue: One student's enrollment status was not reported on time to NSLDS, violating federal requirements.
  • Impacted Requirements: Institutions must certify enrollment within 60 days for Pell Grant and Direct Loan programs.
  • Recommended Follow-up: Implement a procedure to ensure timely submission of enrollment reports every 60 days.

Finding Text

Finding Number 2022-002 CFDA Number: 84.063 Federal Pell Grant Program, 84.268 Federal Direct Student Loans Criteria: Institutions are required to report enrollment information under Pell grant and Direct Loan programs to the NSLDS in the form of Enrollment Reporting Roster files. At a minimum, schools are required to certify enrollment within 60 days. Condition: For 1 out of 28 students tested from January 1, 2022 to July 19, 2022 , the student’s change in enrollment status was not reported timely to NSLDS. Cause: The College did not have a procedure in place to ensure submission every 60 days. Effect: The College was not in compliance with federal regulations. Prevalence: 1 out of 28 students tested from January 1, 2022 to July 19, 2022 was not timely reported.

Categories

Student Financial Aid Reporting Matching / Level of Effort / Earmarking

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $3.77M
84.063 Federal Pell Grant Program $1.08M
84.425 Education Stabilization Fund $492,365
84.116 Fund for the Improvement of Postsecondary Education $322,767
84.007 Federal Supplemental Educational Opportunity Grants $41,680