Finding 607130 (2022-001)

-
Requirement
N
Questioned Costs
-
Year
2022
Accepted
2022-11-16
Audit: 25908
Organization: Dallas Christian College (TX)
Auditor: Capincrouse LLP

AI Summary

  • Core Issue: The College incorrectly returned Title IV funds for a student who was eligible to keep them due to timing of module withdrawals.
  • Impacted Requirements: This finding highlights noncompliance with 34 CFR 668.22 regarding Return of Title IV calculations for modular programs.
  • Recommended Follow-Up: The College should review student drop timings in modular courses to ensure accurate return calculations moving forward.

Finding Text

Return of Title IV (R2T4) Calculations DEPARTMENT OF EDUCATION ALN #: 84.268, 84.063 Federal Award Identification #: 2021-22 Financial Aid Year Condition: The College returned Title IV funds for a modular student withdrawal that did not require funds to be returned based on the completion rate. Criteria: 34 CFR 668.22 Questioned Costs: $-0- Context: Out of 11 R2T4s tested, 1 student had $2,318 returned in unsubsidized federal direct loans returned though the student was eligible to retain their Title IV funds as they had dropped the second and third modules prior to the start of the second module resulting in the payment period being only the first module. Cause: There was an oversight when the student dropped the remaining modules while still enrolled in the first module, resulting in a calculation based on the whole semester instead of the one module. Effect: Noncompliance with new R2T4 regulations regarding withdrawals from modular programs. Identification as repeat finding, if applicable: Not applicable Recommendation: We recommend the College review the timing of drops for those students taking classes in modules to determine the period of enrollment to be used for the return calculation. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.

Categories

Student Financial Aid Matching / Level of Effort / Earmarking

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $1.77M
84.063 Federal Pell Grant Program $742,704
84.425 Covid-19 Education Stabilization Fund Heerf - Student Aid Portion $264,281
84.007 Federal Supplemental Educational Opportunity Grants $21,074
84.425 Covid-19 Education Stabilization Fund Heerf - Strengthening Institutions $19,639
84.033 Federal Work-Study Program $18,905
84.425 Covid-19 Education Stabilization Fund Heerf - Institutional Portion $11,578