Finding 589065 (2022-003)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-29
Audit: 17529
Organization: Barclay College (KS)
Auditor: Adamsbrown LLC

AI Summary

  • Core Issue: Inaccurate reporting in the FISAP due to missing documentation and staff turnover.
  • Impacted Requirements: Compliance with ED Form 646-1 is essential for receiving federal funds for campus-based programs.
  • Recommended Follow-Up: Ensure all supporting documents for FISAP are stored in a clear, accessible location to prevent future discrepancies.

Finding Text

SIGNIFICANT DEFICIENCY 2022-003 Student Financial Assistance Program Cluster ? Title IV ? Federal Supplemental Educational Opportunity Grants (FSEOG) ? 84.007, Federal Work-Study Program (FWS) ? 84.033 ? Reporting Criteria or specific requirement ED Form 646-1, Fiscal Operations Report and Application to Participate (FISAP) (OMB No. 1845-0030) is required to be submitted annually in order to receive funds for the campus-based programs. Condition During testing, items reported within the FISAP were found to be inaccurate or were unable to be substantiated due to a lack of supporting documentation. Cause Due to turnover within the Student Financial Aid office, certain documentation used to prepare the FISAP could not be located. Time sensitive reports were not saved at the time of the report preparation or could not be located during fieldwork. Because those reports were time sensitive, when they were rerun during fieldwork, they had small variances when compared to the numbers reported. Effect Inaccurate information may have been reported to the Department of Education. Context Of the sections that were tested, six contained reporting items that could not be substantiated or contained errors. Recommendation We recommend that all supporting documentation used in the preparation of the FISAP be saved in an easily identifiable location. Views of responsible officials and planned corrective actions See corrective action plan.

Categories

Student Financial Aid Reporting Significant Deficiency

Other Findings in this Audit

  • 12623 2022-003
    Significant Deficiency
  • 12624 2022-004
    Material Weakness
  • 12625 2022-003
    Significant Deficiency
  • 12626 2022-004
    Material Weakness
  • 12627 2022-005
    Significant Deficiency
  • 12628 2022-006
    Significant Deficiency
  • 12629 2022-004
    Material Weakness
  • 12630 2022-006
    Significant Deficiency
  • 12631 2022-007
    Significant Deficiency
  • 12632 2022-008
    Material Weakness
  • 12633 2022-009
    Material Weakness
  • 12634 2022-011
    Significant Deficiency
  • 12635 2022-008
    Material Weakness
  • 12636 2022-010
    Significant Deficiency
  • 12637 2022-011
    Significant Deficiency
  • 12638 2022-008
    Material Weakness
  • 12639 2022-011
    Significant Deficiency
  • 589066 2022-004
    Material Weakness
  • 589067 2022-003
    Significant Deficiency
  • 589068 2022-004
    Material Weakness
  • 589069 2022-005
    Significant Deficiency
  • 589070 2022-006
    Significant Deficiency
  • 589071 2022-004
    Material Weakness
  • 589072 2022-006
    Significant Deficiency
  • 589073 2022-007
    Significant Deficiency
  • 589074 2022-008
    Material Weakness
  • 589075 2022-009
    Material Weakness
  • 589076 2022-011
    Significant Deficiency
  • 589077 2022-008
    Material Weakness
  • 589078 2022-010
    Significant Deficiency
  • 589079 2022-011
    Significant Deficiency
  • 589080 2022-008
    Material Weakness
  • 589081 2022-011
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $682,538
84.063 Federal Pell Grant Program $480,533
84.033 Federal Work-Study Program $40,692
84.425 Education Stabilization Fund $40,019
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $18,860
84.007 Federal Supplemental Educational Opportunity Grants $11,800