Finding Text
Federal Agency: U.S. Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: Various
Award Period: July 1, 2022 to June 30, 2023
Type of Finding:
• Significant Deficiency in Internal Control Over Compliance
• Other Matters
Criteria or specific requirement: Under the Higher Education Act of 1965, as amended, institutions that participate in campus based programs must complete a FISAP annually.
Condition: Under an institution’s Program Participation Agreement with the Department of Education institutions are required to report the number of students and dollars spent on campus based programs.
Questioned costs: None
Context: During our audit procedures, it was noted the College did not properly report the student counts on the FISAP. In Part II, Section F, the number of automatic zero EFC’s was reported too high by 30 students. In addition, two other counts were off by one student. In Part VI, Section A, there were two counts that were off by one student and one student was reported on the wrong line item.
Cause: The College does not have a review system in place to catch errors before they are submitted to the Department of Education.
Effect: Student data on the FISAP is incorrectly reported.
Repeat finding: No
Recommendation: We recommend the College review their procedures to implement a review process in place before the FISAP is submitted to the Department of Education.
Views of responsible officials: There is no disagreement with the audit finding.