Core Issue: Enrollment status for ten students was reported inaccurately or not at all to NSLDS.
Impacted Requirements: Institutions must update enrollment statuses within fifteen days as per federal regulations.
Recommended Follow-Up: Update NSLDS with correct dates and strengthen controls over enrollment reporting.
Finding Text
FINDING 2023-005: INACCURATE ENROLLMENT STATUS REPORTING FEDERAL AGENCY: U.S. DEPARTMENT OF EDUCATION
PROGRAM NAME: FEDERAL DIRECT LOAN PROGRAM
ALN: 84.268
FEDERAL AWARD YEAR: 2022-2023 Compliance Requirement: Reporting (L.) Criteria: Institutions are required to provide enrollment update responses to the Enrollment Reporting Roster File within fifteen days of receipt (34 CFR 685.309). Condition: We tested thirty-seven files and enrollment status effective dates were either incorrectly reported or not reported to the National Student Loan Data System (NSLDS) for ten students. We consider this finding to be a material weakness. Cause: The condition was caused by a breakdown in controls over enrollment reporting. Effect: The result is the students’ enrollment dates were reported to NSLDS inaccurately or were missing. Question Costs: $0 Statistical sampling was not used when making sample selections. Recommendation: We recommend the Institution update the effective dates in NSLDS and increase controls over enrollment reporting. Views of Responsible Officials: The Institution agrees with the Single Audit Finding and a response is included in the Corrective Action Plan.
Categories
Student Financial AidMatching / Level of Effort / EarmarkingMaterial WeaknessReporting