Juniata College

Criteria: Title IV regulations (34 CFR Section 685.309(b)) require that upon receipt of an enrollment report from the Secretary, institutions must update all information included in the report and return the report to the Secretary: (i) in the manner and format prescribed by the Secretary; and (ii) within the timeframe prescribed by the Secretary. Unless it expects to submit its next updated enrollment report to the Secretary within the next 60 days, an institution must notify the Secretary within 30 days after the date the institution discovers that: (i) a loan under Title IV of the Act was made to or on behalf of a student who was enrolled or accepted for enrollment at the institution, and the student has ceased to be enrolled on at least a half-time basis or failed to enroll on at least a half-time basis for the period for which the loan was intended; or (ii) a student who is enrolled at the institution and who received a loan under Title IV of the Act has changed his or her permanent address. Condition: The College did not notify the National Student Loan Data System (NSLDS) in a timely manner for 4 students with status changes in our sample of 25 students. The sample was not a statistically valid sample. Questioned Costs: There are no questioned costs associated with this finding. Cause: The College's procedures for reporting all students were not designed appropriately in order to allow for timely reporting to the NSLDS. Effect or Potential Effect: The accuracy of Title IV student loan records depends heavily on the accuracy of the enrollment information reported by schools. If an institution does not review, update and verify student enrollment statuses, effective dates of the enrollment status and the anticipated completion dates, then the Title IV student loan records will be inaccurate. Recommendations: We recommend that the College review its procedures for student status changes and NSLDS notifications to ensure there are follow-up and review procedures being performed for all students with status changes at the College. Management Response: Management concurs with the finding and the College will implement processes to ensure that all necessary controls are in place to verify that course dates and degree conferral dates are synchronized with academic calendar dates.

Federal Program - Student Financial Assistance Cluster, Federal Direct Student Loans Federal Agency - U.S. Department of Education Pass-Through Entity - Not Applicable Assistance Listing Number - 84.268 Federal Award Year - June 30, 2022 Criteria: Title IV regulations (34 CFR 668.22) require the College to return the unearned portion of grants or loans to the Title IV program by calculating the refund based on three decimal places. Condition: The federal aid refunds for two of the four students tested were not calculated correctly and resulted in the College not refunding the correct amounts to the Title IV program. The sample was not a statistically valid sample but was determined using Chapter 21 - Audit Sampling Considerations of Uniform Guidance Compliance Audits of the Government Auditing Standards and Single Audits Audit Guide. Cause: The College was calculating the refund based on two decimal places instead of the required three, causing the student refund to be calculated incorrectly. Effect: The College refunded the student the incorrect amount based on the calculation. Questioned Costs: There are no questioned costs associated with this finding. Recommendation: The College should ensure the calculation for returns is including three decimal places instead of two. Views of Responsible Officials: The College acknowledges and concurs with the finding and has corrected the student records discovered in the audit. The College has already implemented the correct calculation when determining the student refund. The College went through the withdrawal population and determined all other refunds were properly calculated.

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