Finding 586157 (2023-002)

Significant Deficiency
Requirement
P
Questioned Costs
$1
Year
2023
Accepted
2024-01-24

AI Summary

  • Core Issue: Three students were over awarded Federal Work Study (FWS) funds, violating federal regulations on financial aid limits.
  • Impacted Requirements: Compliance with 34 CFR 673.5(a), which restricts total financial aid to not exceed a student's financial need.
  • Recommended Follow-Up: The College should revise its award packaging policies to prevent future over awards.

Finding Text

2023– 002 – Federal Work Study (FWS) Over Award Federal Agency: U.S. Department of Education Federal Program Title: Student Financial Assistance Cluster Federal Assistance Listing Number: 84.033 Award Period: 7/1/22-6/30/23 Type of Finding: Significant Deficiency in Internal Control over Compliance, Other Matters Criteria or Specific Requirement: Per ED regulations an institution may only award FWS employment to a student if the award, combined with the other estimated financial assistance the student receives, does not exceed the student’s financial aid 34 CFR 673.5(a). Condition: In our sample of 40 students tested, three students were over awarded through the receipt of FWS employment. Questioned Costs: $4,230 Context: Three students out of a sample of 40 were provided with FWS employment when their financial need was already met. Cause: These students were over awarded during the award packaging process and resulted from human error. Effect: The College is not in compliance with the federal regulations. Repeat Finding: No. Auditors’ Recommendation: The College should review its policies and procedures when packaging students for FWS. Views of Responsible Officials: See attached corrective action plan.

Categories

Questioned Costs Student Financial Aid Significant Deficiency Internal Control / Segregation of Duties

Other Findings in this Audit

  • 9710 2023-001
    Significant Deficiency
  • 9711 2023-001
    Significant Deficiency
  • 9712 2023-001
    Significant Deficiency
  • 9713 2023-001
    Significant Deficiency
  • 9714 2023-001
    Significant Deficiency
  • 9715 2023-002
    Significant Deficiency
  • 586152 2023-001
    Significant Deficiency
  • 586153 2023-001
    Significant Deficiency
  • 586154 2023-001
    Significant Deficiency
  • 586155 2023-001
    Significant Deficiency
  • 586156 2023-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $1.93M
84.063 Federal Pell Grant Program $1.16M
12.000 Department of Defense $382,091
84.007 Federal Supplemental Educational Opportunity Grants $235,224
47.075 Social, Behavioral, and Economic Sciences $203,632
93.859 Biomedical Research and Research Training $167,916
93.242 Mental Health Research Grants $140,985
93.172 Human Genome Research $138,322
47.070 Computer and Information Science and Engineering $136,280
84.033 Federal Work-Study Program $125,058
47.074 Biological Sciences $102,299
93.867 Vision Research $75,927
43.001 Science $65,149
84.038 Federal Perkins Loan Program $54,237
47.049 Mathematical and Physical Sciences $44,476
96.007 Social Security_research and Demonstration $10,000
47.050 Geosciences $9,139