Finding Text
2022-004 Eligibility Federal Agency: U.S. Department of Education Federal Program Title: Student Financial Assistance Cluster Assistance Listing No. 84.063 Federal Award Identification Number and Year: P063P218567-2022 Award Periods: July 1, 2021 through June 30, 2022 Type of Finding: ? Significant Deficiency in Internal Control Over Compliance ? Other Matters Criteria or specific requirement: The Code of Regulations (34 CFR 690.79) Liability for and recovery of Federal Pell Grant overpayments. A student is liable for any Federal Pell Grant overpayment made to him or her except for the following 2 situations: (1) The institution is liable for a Federal Pell Grant overpayment if the overpayment occurred because the institution failed to follow the procedures set forth in this part or 34 CFR Part 668. The institution must restore an amount equal to the overpayment to its Federal Pell Grant account; or (2) A student is not liable for, and the institution is not required to attempt recovery of or refer to the Secretary, a Federal Pell Grant overpayment if the amount of the overpayment is less than $25 and is not a remaining balance. Condition: During our testing, of the sixty (60) students tested for eligibility, three (3) students had more aid awarded and disbursed than what was earned. Questioned Costs: $3,757 Context: During our testing, of the sixty (60) students tested for eligibility, three (3) students had more aid awarded and disbursed than what was earned. Cause: The College did not have the appropriate resources and staffing in place to verify they were in compliance with all requirements. Effect: Failure to properly determine and disburse Title IV funds based on eligibility for each type of aid in accordance with federal regulations may result in students receiving incorrect funds. Repeat findings: N/A Recommendation: We recommend the College design controls to ensure an adequate review process is in place to ensure compliance with reporting requirements. Views of Responsible Officials: There is no disagreement with the audit finding.