FAC Explorer

Finding 960522 (2023-001)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-03-25
Audit: 297199
Organization: Universidad Adventista De Las Antillas, Inc. (PR)
Auditor: Baker Tilly Puerto Rico CPAS Psc

AI Summary

  • Issue: The Institution failed to notify the Secretary about changes in enrollment status for eight students with federal loans.
  • Trend: This delay in reporting occurred during the fiscal year 2022-2023.
  • Follow-up: Ensure timely updates to the NSLDS for all student enrollment status changes moving forward.

Finding Text

We observed that the Institution did not notify the Secretary through the NSLDS in a timely manner of the change in the enrollment status (withdrew/graduated) of eight (8) students with federal loans during the academic period covering the fiscal year 2022-2023.

Categories

Student Financial Aid Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 384080 2023-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.063 Federal Pell Grant Program $3.85M
84.268 Federal Direct Student Loans $1.39M
84.042 Trio_student Support Services $223,481
84.033 Federal Work-Study Program $142,561
84.007 Federal Supplemental Educational Opportunity Grants $82,892
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $35,379