2024-005: Reporting – Common Origination and Disbursement (COD)
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2021 - Aug…
2024-003EligibilitySignificant deficiency
2024-003: Eligibility – Satisfactory Academic Progress
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2021 - August 31, 2027),
…
2024-004: Special Tests and Provision – Outstanding Checks over 240 Days
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2…
2024-003EligibilitySignificant deficiency
2024-003: Eligibility – Satisfactory Academic Progress
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2021 - August 31, 2027),
…
2024-001OtherMaterial weaknessRepeat finding
2024 – 001: Financial Statement Preparation
Type of Finding:
• Material Weakness in Internal Control over Financial Reporting
Condition: The board and management share the ultimate responsibility for the University's internal control system. While it is acceptable to outsource …
2024-004: Special Tests and Provision – Outstanding Checks over 240 Days
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2…
2024-003EligibilitySignificant deficiency
2024-003: Eligibility – Satisfactory Academic Progress
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2021 - August 31, 2027),
…
2024-002OtherMaterial weaknessRepeat finding
2024 – 002: Segregation of Duties and Control Documentation
Type of Finding:
• Material Weakness in Internal Control over Financial Reporting
Condition: The University does not have appropriate segregation of duties and review control procedures in place to provide reasonable a…
2024-002OtherMaterial weaknessRepeat finding
2024 – 002: Segregation of Duties and Control Documentation
Type of Finding:
• Material Weakness in Internal Control over Financial Reporting
Condition: The University does not have appropriate segregation of duties and review control procedures in place to provide reasonable a…
2024-004: Special Tests and Provision – Outstanding Checks over 240 Days
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2…
2024-006: Special Tests and Provisions – The Gramm-Leach-Bliley Act (GLBA)
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25,…
2024-001OtherMaterial weaknessRepeat finding
2024 – 001: Financial Statement Preparation
Type of Finding:
• Material Weakness in Internal Control over Financial Reporting
Condition: The board and management share the ultimate responsibility for the University's internal control system. While it is acceptable to outsource …
2024-001OtherMaterial weaknessRepeat finding
2024 – 001: Financial Statement Preparation
Type of Finding:
• Material Weakness in Internal Control over Financial Reporting
Condition: The board and management share the ultimate responsibility for the University's internal control system. While it is acceptable to outsource …
2024-007: Special Tests and Provisions – Return of Title IV Funds
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2021 - A…
2024-006: Special Tests and Provisions – The Gramm-Leach-Bliley Act (GLBA)
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25,…
2024-007: Special Tests and Provisions – Return of Title IV Funds
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2021 - A…
2024-005: Reporting – Common Origination and Disbursement (COD)
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2021 - Aug…
2024-007: Special Tests and Provisions – Return of Title IV Funds
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2021 - A…
2024-005: Reporting – Common Origination and Disbursement (COD)
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2021 - Aug…
2024-002OtherMaterial weaknessRepeat finding
2024 – 002: Segregation of Duties and Control Documentation
Type of Finding:
• Material Weakness in Internal Control over Financial Reporting
Condition: The University does not have appropriate segregation of duties and review control procedures in place to provide reasonable a…
2024-002OtherMaterial weaknessRepeat finding
2024 – 002: Segregation of Duties and Control Documentation
Type of Finding:
• Material Weakness in Internal Control over Financial Reporting
Condition: The University does not have appropriate segregation of duties and review control procedures in place to provide reasonable a…
2024-006: Special Tests and Provisions – The Gramm-Leach-Bliley Act (GLBA)
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25,…
2024-001OtherMaterial weaknessRepeat finding
2024 – 001: Financial Statement Preparation
Type of Finding:
• Material Weakness in Internal Control over Financial Reporting
Condition: The board and management share the ultimate responsibility for the University's internal control system. While it is acceptable to outsource …
2024-007: Special Tests and Provisions – Return of Title IV Funds
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2021 - A…
2024-004: Special Tests and Provision – Outstanding Checks over 240 Days
Federal Agency: Department of Education
Federal Program Title: Student Financial Aid Cluster
Assistance Listing Number: 84.007, 84.033, 84.063, 84.268
Award Number and Year:
P007A215801 (March 25, 2…
Source: Federal Audit Clearinghouse single audits (required of organizations expending $1,000,000+ in federal awards per year for fiscal years beginning on or after Oct 1, 2024; $750,000 before).