Finding Text
2022 ? 009: Pell Disbursement Federal Agency: U.S. Department of Education Federal Program Name: Student Financial Aid Cluster Assistance Listing Number: 84.268 Federal Award Identification Number and Year: P268K222439-2022 Award Period: July 1, 2021 to June 30, 2022 Type of Finding: ? Significant Deficiency in Internal Control over Compliance ? Other Matters Criteria or specific requirement: To disburse Pell funds, the institution must have received a valid ISIR from the central processor by the earlier of the student?s last date of enrollment or the deadline date established by the secretary in a notice published in the Federal Register (the deadline date is normally in the month of September following the end of the award year). Late disbursements of Pell for students that are now ineligible (e.g., no longer enrolled) are allowed if, before the date the student became ineligible, an ISIR or SAR was processed that contained an official EFC. The institution has discretion in disbursing funds within a payment period, but generally must disburse the full amount before the end of the payment period. When making a late disbursement or retroactive payment of Pell for a completed period, an institution determines a student?s enrollment status for the completed period based only on the hours completed by the student for that period (34 CFR 690.76(b)). Condition: The University awarded Pell to an eligible student that did not receive the disbursement during the fiscal year. Questioned costs: There are no questioned costs. Context: We noted one (1) out of forty (40) students selected for eligibility testing, where a student was eligible and awarded a Pell award. The University failed to disburse the award during the fiscal year. Cause: The University?s internal controls failed to detect the Pell awarded and not disbursed. Effect: The University failed to comply with the stated criteria. Repeat Finding: No Recommendation: We recommend that the University update its processes and procedures related to reviewing Pell awarded and not disbursed. Views of responsible officials: There is no disagreement with the audit finding.