Finding 963071 (2023-002)

Significant Deficiency Repeat Finding
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-03-27

AI Summary

  • Core Issue: The College failed to report a student's status change to the NSLDS within the required 60 days.
  • Impacted Requirements: This violates 34 CFR 685.309(b)(2)(i) and OMB Compliance Supplement guidelines for timely reporting.
  • Recommended Follow-Up: The College should review and improve its reporting procedures and oversight of the third-party servicer to ensure compliance.

Finding Text

Criteria or specific requirement: Per 34 CFR 685.309(b)(2)(i), and as outlined in the OMB Compliance Supplement Part 5, enrollment information related to a change in status must be reported to the National Student Loan Database System (NSLDS) within 15 days whenever attendance status changes for students, unless a roster will be submitted within 60 days. Condition: During testing of underlying enrollment information, we identified the following: • One student’s status change was not submitted to the NSLDS within 60 days. Context: We tested a sample of 20 students. Of the 20 students, we noted one student had the exception noted above. Questioned costs: None. Cause: Per discussion with the College, the College submitted all degree students to their third-party servicer via a file that was processed on June 22, 2023. It was unknown by the College why the third-party servicer did not process certain students appropriately which caused them not to be reported to NSLDS in a timely manner. Effect: The College is out of compliance with National Student Loan Database System (NSLDS) reporting requirements. Repeat Finding: Yes. See 2022-002 in the summary schedule of prior audit findings. Recommendation: We recommend the College evaluate its procedures and policies around reporting to NSLDS, including oversight and inquiry of the third-party servicer, to ensure that student information is reported accurately and timely. Views of responsible officials and management’s response: The College agrees with the finding.

Categories

Student Financial Aid Reporting Matching / Level of Effort / Earmarking Internal Control / Segregation of Duties

Other Findings in this Audit

  • 386628 2023-001
    Significant Deficiency
  • 386629 2023-002
    Significant Deficiency Repeat
  • 386630 2023-002
    Significant Deficiency Repeat
  • 386631 2023-003
    Significant Deficiency
  • 386632 2023-003
    Significant Deficiency
  • 386633 2023-003
    Significant Deficiency
  • 386634 2023-003
    Significant Deficiency
  • 386635 2023-003
    Significant Deficiency
  • 386636 2023-004
    Significant Deficiency
  • 963070 2023-001
    Significant Deficiency
  • 963072 2023-002
    Significant Deficiency Repeat
  • 963073 2023-003
    Significant Deficiency
  • 963074 2023-003
    Significant Deficiency
  • 963075 2023-003
    Significant Deficiency
  • 963076 2023-003
    Significant Deficiency
  • 963077 2023-003
    Significant Deficiency
  • 963078 2023-004
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Loans $4.87M
84.063 Federal Pell Grant Program $1.69M
84.038 Federal Perkins Loans $1.21M
84.033 Federal Work-Study Program $230,509
84.007 Federal Supplemental Educational Opportunity Grants $223,867
47.049 Nsf: Leaps Malmskog $122,091
47.049 Nsf: Leaps Light $104,092
47.070 Nsf: Burge Cise $61,731
47.050 Nsf: Grtaz Mercury Oxid Pat $57,892
47.078 Nsf: Ici-Hot in West Antarctica $49,118
47.050 Nsf: Firp - Gratz Course $46,463
47.050 Nsf: Testing Models-Sibumas $37,177
43.001 Nasa: Stsci: Radiation Field of Li(n)ers: the Milky Way As An Extragalactic System $23,194
47.074 Nsf: Barnes Career $21,418
93.575 Child Care Operations Stabilizations Grant $19,660
47.078 Nsf: Testing the Linchpin Wais $18,837
47.076 Nsf: Progress; Barnes Iuse Mentoring $15,524
43.001 Nasa: Stsci: the Lmc's Galactic Wind Through the Eyes of Ullyses $15,450
47.050 Nsf: Gevedon Rodingites $13,648
47.050 Nsf: Schanz Bedrock Rivers $11,943
47.049 Nsf: Sub: Moran Geometric Top $6,815
43.001 Nasa: Stsci: Testing the Limits of Mass Transfer Stability with A Post-Mass_transfer Binary in M67 $4,961
93.575 Child Care Workforce Sustainability Grant $3,566
47.050 Nsf: Collab Res Recruit Woman Geoscience $717
47.074 Nsf: Barnes Soil & Wildfire $363
43.001 Nasa: Blue Lurkers: Low-Mass Blue Stragglers & Stability of Mass Transfer $269
47.049 Nsf: Leaps2; Part Suppo Malmskog $-784