Finding Text
Significant Deficiency ? Federal Pell Grant Program Reporting Program: Federal Pell Grant Program Assistance Listing Number: 84.063 Federal Award Identification Number: P063P214070 Federal Agency: U.S. Department of Education Federal Award Year: June 30, 2022 Condition/Context: It was noted during the audit that the amount of Pell awards granted to students was not accurately reported on the College?s annual Fiscal Operations Report and Application to Participate (FISAP). Criteria: Non-federal entities are required to submit the FISAP electronically, on an annual basis, for its campus-based programs to report expenditures in the previous award year. Cause: The Director of Student Financial Aid incorrectly keyed in the amount of Pell awards expended during the fiscal year 2022. Effect: Inaccurate report was filed and the FISAP was later amended. Questioned costs: Not applicable Views of Responsible Officials and Planned Corrective Actions: The College should establish a procedure that requires a separate review of the FISAP prior to submission. Management?s response: The College agrees with this recommendation and will require a member of the accounting department to review the FISAP prior to submission.