Finding 975720 (2023-001)

Significant Deficiency
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-05-31
Audit: 307797
Auditor: Bonadio & CO LLP

AI Summary

  • Core Issue: The College has not updated its risk assessment or written information security program since 2018, leading to non-compliance with GLBA requirements.
  • Impacted Requirements: The College's WISP lacks the seven required elements outlined in the 2023 Compliance Supplement.
  • Recommended Follow-Up: Conduct a formal risk assessment and update the WISP to include necessary elements, ensuring IT policies reflect the current environment and are formally approved.

Finding Text

Criteria – Institutions participating in Title IV programs are required to comply with various laws and regulations as part of their signed Program Participation Agreement (PPA), including but not limited to, the Federal Trade Commission’s Gramm-Leach-Bliley Act (GLBA) Safeguards Rule (Title 16, Chapter I, Subchapter C, Part 314). Condition – The College has not performed a formal risk assessment of their technology environment since 2018. In addition, the College’s written information security program (WISP) has not been updated and does not address the seven required minimum elements per the 2023 Compliance Supplement. Cause – The College had not performed any additional review or updates since 2018 to its WISP and/or risk assessment to include the required elements or document any updates to the College’s Information Technology (IT) environment. Effect – The College was not in compliance with the Department of Education’s requirements for GLBA. Recommendation – The College needs to conduct a formal risk assessment and update its WISP to ensure the seven required elements are addressed. As part of this process, IT policies should be updated to align with the College’s current IT environment and be formally approved and implemented throughout the College. View of Responsible Officials – The Vice President of Information Technology will designate a manager responsible for overseeing, implementing, and maintaining the College’s information security program and enforcing the information security program.

Categories

Student Financial Aid Subrecipient Monitoring

Other Findings in this Audit

  • 399276 2023-001
    Significant Deficiency
  • 399277 2023-001
    Significant Deficiency
  • 399278 2023-001
    Significant Deficiency
  • 399279 2023-001
    Significant Deficiency
  • 399280 2023-002
    Significant Deficiency
  • 399281 2023-002
    Significant Deficiency
  • 975718 2023-001
    Significant Deficiency
  • 975719 2023-001
    Significant Deficiency
  • 975721 2023-001
    Significant Deficiency
  • 975722 2023-002
    Significant Deficiency
  • 975723 2023-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $4.93M
84.063 Federal Pell Grant Program $3.71M
84.033 Federal Work-Study Program $134,436
84.007 Federal Supplemental Educational Opportunity Grants $94,945
23.011 Appalachian Research, Technical Assistance, and Demonstration Projects $76,080
84.048 Career and Technical Education -- Basic Grants to States $25,570
19.777 100,000 Strong in the Americas Innovation Fund $23,433
47.076 Education and Human Resources $16,245
17.261 Wia Pilots, Demonstrations, and Research Projects $2,393
84.425 Education Stabilization Fund $240