Finding 618671 (2022-002)

Material Weakness
Requirement
N
Questioned Costs
-
Year
2022
Accepted
2023-08-13
Audit: 46355
Organization: Pillar College and Subsidiaries (NJ)
Auditor: Capincrouse LLP

AI Summary

  • Core Issue: The College inaccurately reported enrollment data to NSLDS, with 19 out of 60 students misclassified.
  • Impacted Requirements: Compliance with 34 CFR 690.83(b) and 34 CFR 685.309 is at risk due to these reporting errors.
  • Recommended Follow-Up: Implement regular spot checks after each enrollment report to ensure accuracy in future submissions.

Finding Text

Enrollment Reporting to NSLDS Material Weakness DEPARTMENT OF EDUCATION ALN #: 84.063 and 84.268 Federal Award Identification #: 2021-22 Financial Aid Year Condition: The College did not report enrollment information to the National Student Loan Data System (NSLDS) accurately. Criteria: 34 CFR 690.83(b) and 34 CFR 685.309 Questioned Costs: $0 Context: Out of 60 students tested, 19 students had been reported to NSLDS correctly as enrolled at the program level but reported as withdrawn at the campus level. Cause: It was discovered in March 2023 that the student information system was incorrectly processing the NSLDS Enrollment reporting. The College has a file of all students that need to be updated and corrected, which will be processed this summer. Effect: Inaccurate reporting can impact a student's loan grace period in school deferment eligibility, beginning loan repayments, appropriate interest charges, etc. Identification as repeat finding, if applicable: N/A Recommendation: We recommend the College spot check students after each enrollment reporting submission is completed to ensure accurate enrollment reporting. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.

Categories

Reporting Student Financial Aid Eligibility Material Weakness Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 42229 2022-002
    Material Weakness
  • 42230 2022-003
    Material Weakness Repeat
  • 42231 2022-004
    Significant Deficiency
  • 42232 2022-005
    Significant Deficiency
  • 42233 2022-002
    Material Weakness
  • 42234 2022-003
    Material Weakness Repeat
  • 42235 2022-004
    Significant Deficiency
  • 42236 2022-006
    -
  • 42237 2022-003
    Material Weakness Repeat
  • 49674 2022-004
    Significant Deficiency
  • 49675 2022-003
    Material Weakness Repeat
  • 49676 2022-004
    Significant Deficiency
  • 49677 2022-004
    Significant Deficiency
  • 49678 2022-007
    -
  • 49679 2022-008
    -
  • 49680 2022-007
    -
  • 49681 2022-008
    -
  • 618672 2022-003
    Material Weakness Repeat
  • 618673 2022-004
    Significant Deficiency
  • 618674 2022-005
    Significant Deficiency
  • 618675 2022-002
    Material Weakness
  • 618676 2022-003
    Material Weakness Repeat
  • 618677 2022-004
    Significant Deficiency
  • 618678 2022-006
    -
  • 618679 2022-003
    Material Weakness Repeat
  • 626116 2022-004
    Significant Deficiency
  • 626117 2022-003
    Material Weakness Repeat
  • 626118 2022-004
    Significant Deficiency
  • 626119 2022-004
    Significant Deficiency
  • 626120 2022-007
    -
  • 626121 2022-008
    -
  • 626122 2022-007
    -
  • 626123 2022-008
    -

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $2.39M
84.425 Covid-19 Education Stabilization Fund Heerf - Institutional Portion $1.49M
84.063 Federal Pell Grant Program $1.20M
84.425 Covid-19 Education Stabilization Fund Heerf - Student Aid Portion $963,041
84.425 Covid 19 Education Stabilization Fund Heerf - Minority Serving Institutions $167,875
84.007 Federal Supplemental Educational Opportunity Grants $36,835
84.033 Federal Work-Study Program $20,809
84.007 Covid-19 Federal Supplemental Educational Opportunity Grants $12,854