Finding Text
Reporting Program Name: Student Financial Assistance Cluster CFDA Number: 84.033, 84.007, 84.063, and 84.032 Federal Agency: U.S. Department of Education Type of Finding: Significant Deficiency and Noncompliance Criteria or Specific Requirement 34 CFR 673.3: To participate in the FWS, or FSEOG programs, an institution shall file an application before the deadline date established annually by the Secretary through publication of a notice in the Federal Register. ED Form 646-1, Fiscal Operations Report and Application to Participate (FISAP) (OMB No. 1845-0030) ? This electronic report is submitted annually to receive funds for the campusbased programs. The data is used in conjunction with institutional program reviews to assess the administrative capability and compliance of the College. Condition Significant Deficiency? The College did not retain supporting evidence utilized for reporting critical information within the FISAP. Questioned Costs There are no questioned costs associated with this finding. Context The College lacked evidence to support figures reported in the FISAP. A nonstatistical sample of 4 key line items out of 23 line items in Part VI, Program Summary for Award Year out were selected for reporting testing. Effect The College is not in compliance with the Federal requirements described in the OMB Compliance Supplement. Cause The College does not have a process in place to retain reporting documentation. Repeat Finding: No Recommendation It is recommended the College should establish effective controls and processes to ensure that reporting of FISAP figures are properly supported and any evidence of review is maintained.