Finding 8161 (2023-005)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-01-10
Audit: 10714
Organization: Johnson University (TN)

AI Summary

  • Core Issue: Some students did not receive required disbursement notifications for Direct Loan funds, violating federal regulations.
  • Impacted Requirements: Notifications must inform students about disbursement details and cancellation rights within specific timeframes.
  • Recommended Follow-Up: The University should ensure proper documentation of all communications regarding Direct Loan disbursements to meet compliance standards.

Finding Text

2023-005 Significant Deficiency: Disbursement Notifications (U.S. Department of Education, William D. Ford Direct Loan Program, ALN #84.268) Criteria: In accordance with 34 CFR 668.165(a)(2), when a University credits a student’s account, the University must notify the student or parent of (i) the anticipated date and amount of the disbursement, (ii) the student’s or parent’s rights to cancel all or a portion of that loan or disbursement, and (iii) the procedures and time by which the student or parent must notify the University that he or she wishes to cancel the loan or disbursement. This communication must occur no earlier than 30 days before, and no later than seven days after, crediting the student’s ledger account at the institution if the institution does not obtain affirmative confirmation from the student. Statement of Condition: During the 2023 audit, it was noted that certain students who had received Direct Loan funds did not receive disbursement notifications. Questioned Costs: Such information is not applicable for this finding since it is nonmonetary in nature. Perspective Information: The 2023 audit included a detailed testing of 40 student files, of which this significant deficiency applies to 5, indicating an error rate of 12.5%. Cause and Effect: Due to the University’s lack of retention of the appropriate documentation, we were unable to determine or test the disbursement notifications for Direct Loans were made to affected students resulting in the inability to appropriately review the documentation to satisfy testing requirements. Recommendation: The University should verify and retain documentation that appropriate communication is made to students receiving Direct Loan funds. View of Responsible Officials: Once IT was made aware of the issues, we implemented changes to the process. The action code was discontinued, and our database administrator developed a custom database table used only for tracking Financial Aid communications. This custom table tracks the student’s organizational ID number, email address, communication code (MAND for mandatory loan emails), date/time the email was processed, and the status returned by the process used to send emails. Please note that this status only checks whether the process succeeded, it does not check whether the email was successfully sent. The Financial Aid Department is still copied in all emails sent at their main email address (currently FinancialAidTN@Johnsonu.edu). The Financial Aid Department has the responsibility to alert the IT Department if they are not receiving emails as expected. Once the IT Department has been alerted of an issue, the IT Department can start working to resolve the issue. For long-term reliability of communications, Johnson University has purchased and is implementing a new Financial Aid software platform. This will give us an opportunity to work towards reliable communications, not just reliable logging of process failures or successes.

Corrective Action Plan

Finding Reference Number: 2023-005 Initial Fiscal Year: 2023 Summary of Finding: Significant Deficiency: Disbursement Notifications (U.S. Department of Education, William D. Ford Direct Loan Program, ALN #84.268) Entity’s Corrective Action Plan Corrective Action Plan Summary: Once IT was made aware of the issues, we implemented changes to the process. The action code was discontinued, and our database administrator developed a custom database table used only for tracking Financial Aid communications. This custom table tracks the student’s organizational ID number, email address, communication code (MAND for mandatory loan emails), date/time the email was processed, and the status returned by the process used to send emails. Please note that this status only checks whether the process succeeded, it does not check whether the email was successfully sent. The Financial Aid Department is still copied in all emails sent at their main email address (currently FinancialAidTN@Johnsonu.edu). The Financial Aid Department has the responsibility to alert the IT Department if they are not receiving emails as expected. Once the IT Department has been alerted of an issue, the IT Department can start working to resolve the issue. For long-term reliability of communications, Johnson University has purchased and is implementing a new Financial Aid software platform. This will give us an opportunity to work towards reliable communications, not just reliable logging of process failures or successes. Anticipated Completion Date: September 21, 2023 Explanation: The corrective action plan was taken to resolve the prior year finding, helping to ensure that future dates are accurate. Name and Title of Responsible Person: Luke Edwards, Director of IT.

Categories

Procurement, Suspension & Debarment Student Financial Aid Significant Deficiency Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 8155 2023-002
    Significant Deficiency
  • 8156 2023-003
    Significant Deficiency
  • 8157 2023-004
    Significant Deficiency
  • 8158 2023-002
    Significant Deficiency
  • 8159 2023-003
    Significant Deficiency
  • 8160 2023-004
    Significant Deficiency
  • 8162 2023-006
    Significant Deficiency
  • 8163 2023-001
    Material Weakness
  • 584597 2023-002
    Significant Deficiency
  • 584598 2023-003
    Significant Deficiency
  • 584599 2023-004
    Significant Deficiency
  • 584600 2023-002
    Significant Deficiency
  • 584601 2023-003
    Significant Deficiency
  • 584602 2023-004
    Significant Deficiency
  • 584603 2023-005
    Significant Deficiency
  • 584604 2023-006
    Significant Deficiency
  • 584605 2023-001
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $5.23M
84.063 Federal Pell Grant Program $1.70M
84.033 Federal Work-Study Program $138,519
84.425 Covid-19 Education Stabilization Fund $102,675
84.007 Federal Supplemental Educational Opportunity Grants $69,863
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $9,430