Finding Text
SIGNIFICANT DEFICIENCY 2022-005 Student Financial Assistance Program Cluster ? Title IV ? Federal Pell Grant Program ? 84.063 ? Eligibility Criteria or specific requirement A student?s annual Pell award should be calculated based on the cost of attendance and expected family contribution using the Payment and Disbursement Schedule for the student?s enrollment status. Condition During testing, it was discovered one student was incorrectly awarded Pell, and two others did not receive Pell disbursements for both eligible semesters attended during the year. Cause The error related to the student who was incorrectly awarded Pell occurred due to using the incorrect Payment and Disbursement Schedule for the student?s enrollment status. For the two students who did not receive a disbursement of Pell for both semesters, the disbursement was scheduled within the system but never posted. Effect Students received underpayments of Pell in the amount of $5,002. Estimated questioned costs total to $18,728. Context Of the 27 students tested for accurate Pell disbursements, three were found to have underpayments. Recommendation We recommend that the institution implement controls to ensure that all scheduled disbursements are ultimately posted. In addition, when calculating Pell awards, the Payment and Disbursement Schedule that matches the student?s enrollment status should be carefully selected and applied. Views of responsible officials and planned corrective actions See corrective action plan.