Finding Text
Federal Program Information: Student Financial Assistance Cluster (ALN #84.063)
Criteria or Specific Requirement (Including Statutory, Regulatory or Other Citation): In accordance with Eligibility – Federal Pell Grants criteria, the amount of a student’s Pell Grant for an academic year is based
upon the payment and disbursement schedules published by the Department of Education. (34.CFR Section 690.62(a))
Condition: For one student selected, the University did not award the appropriate Federal Pell amount for the payment period. As a result, the student did not receive the full Pell Grant amount for which they were eligible.
Cause: The University did not accurately calculate and disburse the Federal Pell Grant for one student.
Effect: One student was awarded the incorrect amount of Federal Pell award for the payment period.
Questioned Costs: None.
Context: 1 of 25 students selected for testing.
Repeat Finding: This is not a repeat finding from the prior year.
Recommendation: We recommend that the University accurately calculate Pell Grants for students.
Views of responsible officials and planned corrective actions: Management concurs with the finding. The University plans to review its process for calculating Federal Pell Grant awards.