Finding 614653 (2022-003)

- Repeat Finding
Requirement
N
Questioned Costs
-
Year
2022
Accepted
2023-03-29
Audit: 35960
Organization: Georgian Court University (NJ)
Auditor: Bdo USA LLP

AI Summary

  • Core Issue: The University failed to report student status changes accurately and on time to the NSLDS for several students.
  • Impacted Requirements: Compliance with enrollment reporting requirements for the Federal Pell Grant, Direct Student Loans, and Teacher Education Grants is at risk.
  • Recommended Follow-Up: The University should enhance its policies and procedures to ensure timely and accurate reporting of all enrollment status changes.

Finding Text

Federal Program information: Federal Pell Grant Program (ALN: 84.063), Federal Direct Student Loans (ALN: 84.268), Teacher Education Assistance for College and Higher Education Grants (ALN: 84.379) Criteria or Specific Requirement (Including Statutory, Regulatory or Other Citation): N. Special Tests and Provisions - Enrollment Reporting: The University is required to update students? statuses on the National Student Loans Data System (NSLDS) website if they graduate, withdraw or have an increase/decrease in attendance level during the year within 60 days of the date the University becomes aware of the change in enrollment status. There are two categories of enrollment information; ?Campus Level? and ?Program Level,? both of which need to be reported accurately and have separate record types. Institutions are responsible for accurately reporting the significant data elements under the Campus-Level Record and Program-Level Record that ED considers high risk. Additionally, institutions are responsible for timely reporting, whether they report directly or via a third-party servicer. As with any school/servicer arrangement for the administration of the Title IV programs, if the school uses a third party to meet the NSLDS enrollment reporting requirements it is the school that must ensure that enrollment information is submitted timely, accurately, and completely. Condition: The University did not submit an accurate status change notification or timely notification to the NSLDS website for certain students who graduated, withdrew, or had an increase/decrease in attendance level during the year. Cause: Administrative oversight with respect to enrollment reporting requirements. Effect or Potential Effect: The University is not in compliance with enrollment reporting requirements. Failure to promptly report accurate and timely changes in enrollment status may adversely impact the repayment status for student loan borrowers. Questioned Costs: None. Context: We noted the following exceptions as a result of our procedures: ? For 3 of 40 students sampled whose status changed during the year, the University failed to accurately report all significant data elements under the Campus-Level Record in a timely notification to the NSLDS website. ? For 1 of 25 students sampled whose status changed during the year, the University failed to accurately report all significant data elements under the Program-Level Record in a timely notification to the NSLDS website. Identification as a Repeat Finding: This is a repeat finding from prior year. This was reported as Finding 2021-002 in the prior year schedule of findings and questioned costs. Recommendation: We recommend that the University properly follow its policies and procedures over enrollment reporting to ensure that all status changes are submitted to the NSLDS website within the required timeframe.

Categories

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

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $11.61M
84.425 Education Stabilization Fund $2.55M
84.063 Federal Pell Grant Program $2.50M
84.407 Transition Programs for Students with Intellectual Disabilities Into Higher Education $406,099
84.042 Trio_student Support Services $301,261
84.031 Higher Education_institutional Aid $230,006
84.033 Federal Work-Study Program $144,775
84.007 Federal Supplemental Educational Opportunity Grants $135,039
16.525 Grants to Reduce Domestic Violence, Dating Violence, Sexual Assault, and Stalking on Campus $49,886
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $31,121