Finding 958716 (2023-002)

-
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-03-20

AI Summary

  • Core Issue: The College failed to report changes in student status within the required 60-day timeframe.
  • Impacted Requirements: Reporting obligations under 34 CFR 685.309(b) were not met, risking timely updates for withdrawn students.
  • Recommended Follow-Up: Collaborate with NSC to correct the reporting schedule and conduct annual reviews to ensure compliance.

Finding Text

2023-002 Timely Reporting to NSLDS Federal Agency: U.S. Department of Education 84.063 Federal Pell Grant Program 84.268 Federal Direct Student Loans Criteria – Per 34 CFR 685.309(b), the College must report any changes in student status within 30 days of the change or within its next regularly scheduled update within the next 60 days. During Spring of 2023, the College did not meet their regular 60-day schedule of reporting. Condition – The College transmits their records via the National Student Clearinghouse (NSC) based on the established schedule set by NSC. There was a gap of more than 60 days between reporting for the January term and the Spring term. Questioned Costs – N/A. Effect – The College’s delay in reporting could have resulted in withdrawn students not being reported timely. Perspective Information – The College relies on the schedule provided by NSC to send their reporting files to meet the requirements. Cause – The schedule for reporting for the previous spring semester of 2022 was modified due to a change in the calendar due to COVID. That change in 2022 was not updated by NSC for 2023, and the College was relying on the schedule from NSC which had incorrect information. Recommendation – We recommend that the College work with NSC to correct the schedule and review each year to ensure they will meet their reporting deadlines.

Categories

Student Financial Aid Matching / Level of Effort / Earmarking Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $3.18M
84.063 Federal Pell Grant Program $458,708
84.425 Education Stabilization Fund $336,405
47.076 Education and Human Resources $168,107
84.007 Federal Supplemental Educational Opportunity Grants $61,571
84.033 Federal Work-Study Program $59,058