Finding 8653 (2023-002)

Significant Deficiency Repeat Finding
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-01-16
Audit: 11815
Organization: Beloit College (WI)
Auditor: Rsm US LLP

AI Summary

  • Core Issue: A student's enrollment status change was reported 14 days late, violating federal reporting timelines.
  • Impacted Requirements: Institutions must report enrollment changes within 30 days, or 60 days if using a roster file.
  • Recommended Follow-Up: Implement a formal review process for reporting graduation statuses and continue using ad hoc reporting for late graduates.

Finding Text

Finding 2023-002: Special Tests and Provisions – Enrollment Reporting Criteria: Per 34 CFR 685.309(b) and 690.83(b)(2), Institutions must report any enrollment status changes for students within 30 days; however, if a roster file is used, then the College may use the roster file to provide the update within 60 days. Condition: One student’s enrollment status change was reported 14 days later than was required under the 60 days timeline. Cause: Beloit College uses the National Student Clearinghouse’s enrollment roster to report enrollment information which is then shared with the National Student Loan Database System (NSLDS). The student requested a later graduation date upon enrollment in a summer course. Subsequently, the student informed the College of the desire to graduate instead upon completion of the Spring 2023 semester, as originally planned. College subsequently submitted an ad hoc enrollment report to report the student’s graduation upon discovering the student was never reported as graduated, which resulted in a late reporting by 14 days. Effect: Noncompliance with federal regulations could result in the loss of future financial aid funding. In addition, not reporting enrollment status changes within the required timeframe can impact an individual student’s loan deferment and repayment schedule. Questioned Costs: None Context: One out of 13 students tested from a population of 130 students with enrollment status changes were not reported in the required timeframe. Repeat finding: Yes, finding 2022-002 Recommendation: We recommend that management consider continuing the use of the ad hoc reporting option in NSLDS for students determined to graduate late, as well as, implement a formal review process over reporting of graduated students’ enrollment status to ensure all students certified to have graduated are reported as such on a timely basis. Views of Responsible Official: Management agrees with this finding. Please see corrective action plan attached.

Categories

Reporting Special Tests & Provisions Student Financial Aid Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 8652 2023-002
    Significant Deficiency Repeat
  • 8654 2023-002
    Significant Deficiency Repeat
  • 8655 2023-002
    Significant Deficiency Repeat
  • 585094 2023-002
    Significant Deficiency Repeat
  • 585095 2023-002
    Significant Deficiency Repeat
  • 585096 2023-002
    Significant Deficiency Repeat
  • 585097 2023-002
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $3.89M
84.063 Federal Pell Grant Program $1.46M
84.038 Federal Perkins Loan Program - Loans Outstanding at the Beginning of the Year $852,926
84.047 Trio_upward Bound $418,456
84.042 Trio_student Support Services $322,162
84.217 Trio_mcnair Post-Baccalaureate Achievement $285,062
84.033 Federal Work-Study Program $158,080
84.007 Federal Supplemental Educational Opportunity Grants $149,600
10.500 Cooperative Extension Service $36,136
47.076 Education and Human Resources $35,750
15.922 Native American Graves Protection and Repatriation Act $17,151
45.149 Promotion of the Humanities_division of Preservation and Access $14,889
47.050 Geosciences $4,111