Finding 599495 (2022-005)

- Repeat Finding
Requirement
E
Questioned Costs
-
Year
2022
Accepted
2023-03-21
Audit: 18257
Organization: Manna University (NC)
Auditor: Capincrouse LLP

AI Summary

  • Core Issue: One student was incorrectly awarded Pell funds due to an oversight in enrollment status.
  • Impacted Requirements: Compliance with 34 CFR 690.63(b) regarding proper Pell Grant disbursement.
  • Recommended Follow-Up: Conduct regular reviews of enrollment status and Pell disbursements to ensure accuracy.

Finding Text

Incorrect Pell Calculations DEPARTMENT OF EDUCATION ALN #: 84.063 Federal Award Identification #: 2021-22 Financial Aid Year Condition: One student out of 30 were not properly awarded Pell based on enrollment status. Criteria: 34 CFR 690.63(b) Questioned Costs: $0 Context: There was one student who was not disbursed their maximum Pell eligibility based on their enrollment status. Cause: Oversight by management when packaging the student. Effect: Pell was not awarded correctly based on enrollment status. Identification as repeat finding, if applicable: 2021-009 Recommendation: We recommend that the University periodically review enrollment status and Pell grant disbursements to ensure students are being disbursed the proper Pell Grant amount as determined by the annual Pell grant tables. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.

Categories

Student Financial Aid Eligibility Internal Control / Segregation of Duties

Other Findings in this Audit

  • 23049 2022-003
    Significant Deficiency
  • 23050 2022-004
    - Repeat
  • 23051 2022-003
    Significant Deficiency
  • 23052 2022-004
    - Repeat
  • 23053 2022-005
    - Repeat
  • 599491 2022-003
    Significant Deficiency
  • 599492 2022-004
    - Repeat
  • 599493 2022-003
    Significant Deficiency
  • 599494 2022-004
    - Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $446,858
84.425 Covid-19 Education Stabilization Fund Heerf - Fund for the Improvement of Postsecondary Education Formula Grant $379,936
84.063 Federal Pell Grant Program $364,523
84.425 Covid-19 Education Stabilization Fund Heerf - Student Aid Portion $78,833
84.425 Covid-19 Education Stabilization Fund Heerf - Institutional Portion $54,175