Finding 589579 (2022-001)

-
Requirement
N
Questioned Costs
-
Year
2022
Accepted
2022-11-21
Audit: 17396
Organization: Ranken Technical College (MO)
Auditor: Forvis LLP

AI Summary

  • Core Issue: The College failed to notify NSLDS of changes in student enrollment status within the required 30 or 60 days.
  • Impacted Requirements: Federal regulations mandate timely reporting of enrollment changes to ensure accurate calculation of grace and repayment periods for federal aid recipients.
  • Recommended Follow-Up: Monitor student status updates on the NSLDS website to ensure timely reporting by the Clearinghouse.

Finding Text

Federal Assistance Listing Number 84.063 Federal Pell Program, Federal Assistance Listing Number 84.268 Federal Direct Loan Program; U.S. Department of Education Program Year 2021-2022 Criteria or Specific Requirement - Special Tests and Provisions - Enrollment Reporting Condition - Federal regulations provide that the College is responsible for notifying the National Student Loan Data System (NSLDS) of changes in enrollment, graduated or withdrawn students within 30 days or on an Enrollment Reporting roster file within 60 days. The College did not submit students change in enrollment status to NSLDS within 30 days or through the batch method within 60 days. Questioned Costs - None. Context - Out of a population of 3,676 students who received federal aid and had changes in enrollment, withdrew or graduated during the fiscal year, a sample of 50 students was tested, and 3 students change of status were not submitted to NSLDS within the required timeframe. Our sample was not intended to be statistically valid. Effect - The NSLDS was not provided with timely submission of status changes for students. Such submissions are required to allow for proper calculation of the students allowed grace and repayment period. Cause - 2 of the 3 exceptions were due to timely identification of withdrawal issues in the system when a student is removed from his or her major. The third exception was due to a clerical error when an hours change occurred. Identification as a Repeat Finding - N.A. Recommendation - We recommend monitoring selected student status updates directly on NSLDS website to ensure the Clearinghouse is reporting the files in a timely manner. Views of Responsible Officials and Planned Corrective Actions - See managements corrective action plan attached.

Categories

Student Financial Aid Special Tests & Provisions Matching / Level of Effort / Earmarking Subrecipient Monitoring Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $10.08M
84.063 Federal Pell Grant Program $3.51M
84.425 Education Stabilization Fund $3.16M
47.076 Education and Human Resources $226,023
84.007 Federal Supplemental Educational Opportunity Grants $138,768
10.310 National Institute of Food and Agriculture $108,230
84.033 Federal Work-Study Program $99,743
17.258 Wia Adult Program $34,237
17.245 Trade Adjustment Assistance $13,609
12.401 National Guard Military Operations and Maintenance (o&m) Projects $9,849