Condition: There was an incorrect cost of attendance amount used to calculate a parent PLUS loan for 1 out 40 students tested.
Criteria: According to the U.S. Department of Education, an institution must use cost of attendance minus other financial aid received to calculate the …
2025-002Cash managementSignificant deficiency
Condition: A student added an additional course after the summer term census date, however, the Financial Aid Office did not adjust the student’s corresponding Pell Grant eligibility. As a result, the Pell Grant award was not recalculated to include the additional course.
Criter…
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).