Finding Text
Federal Agency: Department of Education Federal Program Title: Student Financial Assistance Cluster Federal Assistance Listing Number: Various Award Period: June 1, 2021 ? May 31, 2022 Type of Finding: Significant Deficiency in Internal Control over Compliance and Other Matters Criteria or Specific Requirement: The Code of Federal Regulations, 34 CFR 682.610, if roster file submitted to NSLDS contains records that don?t pass the NSLDS enrollment reporting edits, an institution must make necessary corrections within 10 days and resubmit them. Condition: During our testing, we noted that the NSLDS rosters returned yielded errors that were not corrected and resubmitted within the 10 days. Questioned Costs: None Context: During our review of the SCHER1 reports, we noted error records were not being corrected and resubmitted within the required 10 days. Cause: The University process and controls in place did not ensure that student status changes were properly and timely reported to NSLDS. Effect: The NSLDS system is not updated with the student information which can cause over awarding should the student transfer to another institution and the students may not properly enter the repayment period. Repeat Finding: No Auditor?s Recommendation: We recommend the University review its reporting procedures to ensure that students? statuses are accurately and timely reported to NSLDS and all errors are corrected with the appropriate timeframe as required by regulations. Views of Responsible Officials and Planned Corrective Actions: There is no disagreement with the audit finding.