Finding 610890 (2022-004)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2022
Accepted
2023-06-28

AI Summary

  • Core Issue: Timely reporting of student enrollment status was not met, with 2 out of 40 instances identified as noncompliant.
  • Impacted Requirements: Compliance with U.S. Department of Education regulations (34 CFR 685.309 (b)) regarding enrollment reporting.
  • Recommended Follow-Up: Revise procedures and implement controls to ensure timely updates to the Enrollment Reporting roster file.

Finding Text

Item 2022-004 Enrollment Reporting (Significant Deficiency) U.S. Department of Education Federal Direct Student Loans (Assistance Listing Number # 84.268) Compliance requirement: Special Tests and Provisions Criteria According to the Federal Register (34 CFR 685.309 (b)), an institution is required to report a participating student's enrollment status on the Enrollment Reporting roster file in a timely manner as prescribed by U.S. Department of Education regulations. Condition We noted 2 instances where the enrollment status of a participating student in an applicable Title IV program was not reported in a timely manner. Cause These findings appear to be due to administrative oversights. Effect or Potential Effect: The effect of these findings is noncompliance with U.S. Department of Education regulations regarding special tests and provisions. Questioned Costs - None Context Of the 40 randomly selected sample of participating students, the enrollment status was not reported in a timely manner for 2 students. Identification as a repeat finding - No Recommendation We recommend that the Institute review and revise, if necessary, its current procedures and have controls in place to ensure that participating student's enrollment status on the Enrollment Reporting roster file via the National Student Loan Data System is reported in a timely manner as prescribed by U.S. Department of Education regulations. Views of Responsible Officials and Planned Corrective Actions We agree with both the finding and the recommendation. A system has been implemented to ensure that the National Student Loan Data system is updated on a timely basis as prescribed by U.S. Department of Education regulations.

Categories

Special Tests & Provisions Student Financial Aid Reporting Significant Deficiency Matching / Level of Effort / Earmarking Internal Control / Segregation of Duties

Other Findings in this Audit

  • 34447 2022-003
    Significant Deficiency
  • 34448 2022-004
    Significant Deficiency
  • 34449 2022-005
    Significant Deficiency
  • 34450 2022-001
    Material Weakness
  • 34451 2022-002
    Significant Deficiency
  • 34452 2022-001
    Material Weakness
  • 34453 2022-002
    Significant Deficiency
  • 610889 2022-003
    Significant Deficiency
  • 610891 2022-005
    Significant Deficiency
  • 610892 2022-001
    Material Weakness
  • 610893 2022-002
    Significant Deficiency
  • 610894 2022-001
    Material Weakness
  • 610895 2022-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $2.22M
84.063 Federal Pell Grant Program $877,021
84.425 Education Stabilization Fund $301,211