EIN: 751217163
UEI: L5H4PM8F32G4
Audited by: Weaver and Tidwell, LLP
Cognizant agency: 84 [Department of Education]
View federal awards & risk assessment →
Data as of August 28, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on December 18, 2025. Under 2 CFR 200.521(d), a pass-through entity that provided federal funds to this organization for this audit period must issue a management decision on these findings by June 18, 2026 (72 days ago).
What is a management decision? →FAC accepted this audit on December 11, 2024 — management decision was due June 11, 2025.
FAC accepted this audit on December 15, 2023 — management decision was due June 15, 2024.
Section III. Federal Award Findings and Questioned Costs Finding 2023-002: Using a Servicer or Financial Institution to Deliver Title IV Credit Balances Type of finding: Significant Deficiency in Internal Controls over Compliance and Compliance Major Program: Student Financial Assistance Cluster Questioned Cost: $0 Criteria 34 CFR 668.164 sets forth the criteria for required disclosures regarding arrangements or contracts made with servicers or financial institutions used to make direct payments of Title IV credit balances to students through electronic fund transfer to a bank account designated by the student or parent or to issue a check payment to the student, to use an access device to access those funds. Condition The District failed to provide required information to the Department of Education an up-to-date URL for the contract with the servicer or financial institution for publication in a centralized database accessible to the public. Cause The District was unaware of the requirement to submit this information to the Department of Education. Effect The failure to provide required information to the Department of Education resulted in the exclusion of the District in the centralized database made accessible to the public. Recommendation We recommend the District identify the responsible party to oversee that the required information is sent to the Department of Education. Status See Corrective Action Plan noted as the District’s response to finding 2023-002.
Show full finding ▾Hide full finding ▴Section III. Federal Award Findings and Questioned Costs Finding 2023-002: Using a Servicer or Financial Institution to Deliver Title IV Credit Balances Type of finding: Significant Deficiency in Internal Controls over Compliance and Compliance Major Program: Student Financial Assistance Cluster Questioned Cost: $0 Criteria 34 CFR 668.164 sets forth the criteria for required disclosures regarding arrangements or contracts made with servicers or financial institutions used to make direct payments of Title IV credit balances to students through electronic fund transfer to a bank account designated by the student or parent or to issue a check payment to the student, to use an access device to access those funds. Condition The District failed to provide required information to the Department of Education an up-to-date URL for the contract with the servicer or financial institution for publication in a centralized database accessible to the public. Cause The District was unaware of the requirement to submit this information to the Department of Education. Effect The failure to provide required information to the Department of Education resulted in the exclusion of the District in the centralized database made accessible to the public. Recommendation We recommend the District identify the responsible party to oversee that the required information is sent to the Department of Education. Status See Corrective Action Plan noted as the District’s response to finding 2023-002.
Finding 2023-002 Using a Servicer of Financial Institution to Deliver Title IV Credit Balances Views of Responsible Officials The District agrees with the auditor’s findings and recommendations. Corrective Action Plan Under the Title IV cash management regulations, institutions are required to publicly disclose any contract that governs a Tier One or Tier Two Arrangement as well as information about the costs incurred by students who elect to use a financial account offered under one of those arrangements. The District submitted the required disclosure of its Tier One contract with BankMobile Technologies, Inc. to the Department of Education on November 29, 2023. Additional information about student refunds including the District’s contract with BankMobile Technologies, Inc. is currently available to the public at the following link. https://www.tccd.edu/services/paying-for-college/refunds/ Implementation Date Immediate Individual(s) Responsible The Director of Business Services is responsible for disclosures related to student refunds.
FAC accepted this audit on December 14, 2022 — management decision was due June 14, 2023.
Finding 2022-002: Verification Type of finding: Significant Deficiency in Internal Controls over Compliance and Compliance Major Program: Student Financial Aid Cluster Questioned Cost: $4,202 Criteria 34 CFR 668.51 through 668.61 sets forth the criteria for verifying applicant information required for the Verification Tracking Group to which the applicant is assigned. Condition For 1 out of 40 students selected for testing, the District failed to obtain the necessary documentation for the student which was selected for verification. Cause The College disbursed funds to the selected student before obtaining the Educational Purpose and Identity Form, which deems the student ineligible to receive funds. Effect The error in verification resulted in the student receiving student financial aid funds while being ineligible to receive funds. Recommendation We recommend the financial aid and registrar?s offices review documents of students selected for verification ensure that all documents required for verification are obtained. Views of Responsible Officials and Planned Corrective Actions Student Financial Aid Services has revised our V4 Federal Verification procedures to require a second authorized staff member to review and approve any V4 Federal Verification documents directly from our imaging system. While it was an option to have the V4 documents reviewed by a second authorized staff member it was not required and often during the peak season campuses would accept, review, and approve V4 documents all at the same time. This change will require one authorized staff member to review documents when they are received from the student and again in our imaging system by a second authorized staff member. We have provided copies of our revised procedures and scheduled staff training. The person responsible for implementing these revised procedures will be the District Director of Student Financial Aid Services.
Show full finding ▾Hide full finding ▴Finding 2022-002: Verification Type of finding: Significant Deficiency in Internal Controls over Compliance and Compliance Major Program: Student Financial Aid Cluster Questioned Cost: $4,202 Criteria 34 CFR 668.51 through 668.61 sets forth the criteria for verifying applicant information required for the Verification Tracking Group to which the applicant is assigned. Condition For 1 out of 40 students selected for testing, the District failed to obtain the necessary documentation for the student which was selected for verification. Cause The College disbursed funds to the selected student before obtaining the Educational Purpose and Identity Form, which deems the student ineligible to receive funds. Effect The error in verification resulted in the student receiving student financial aid funds while being ineligible to receive funds. Recommendation We recommend the financial aid and registrar?s offices review documents of students selected for verification ensure that all documents required for verification are obtained. Views of Responsible Officials and Planned Corrective Actions Student Financial Aid Services has revised our V4 Federal Verification procedures to require a second authorized staff member to review and approve any V4 Federal Verification documents directly from our imaging system. While it was an option to have the V4 documents reviewed by a second authorized staff member it was not required and often during the peak season campuses would accept, review, and approve V4 documents all at the same time. This change will require one authorized staff member to review documents when they are received from the student and again in our imaging system by a second authorized staff member. We have provided copies of our revised procedures and scheduled staff training. The person responsible for implementing these revised procedures will be the District Director of Student Financial Aid Services.
Finding 2022-002: Verification Type of finding: Significant Deficiency in Internal Controls over Compliance and Compliance Major Program: Student Financial Aid Cluster Recommendation We recommend the financial aid and registrar?s offices review documents of students selected for verification ensure that all documents required for verification are obtained. Views of Responsible Officials and Planned Corrective Actions Student Financial Aid Services has revised our V4 Federal Verification procedures to require a second authorized staff member to review and approve any V4 Federal Verification documents directly from our imaging system. While it was an option to have the V4 documents reviewed by a second authorized staff member it was not required and often during the peak season campuses would accept, review, and approve V4 documents all at the same time. This change will require one authorized staff member to review documents when they are received from the student and again in our imaging system by a second authorized staff member. We have provided copies of our revised procedures and scheduled staff training. The person responsible for implementing these revised procedures will be the District Director of Student Financial Aid Services.
FAC accepted this audit on December 16, 2021 — management decision was due June 16, 2022.
FAC accepted this audit on December 16, 2020 — management decision was due June 16, 2021.
FAC accepted this audit on November 19, 2019 — management decision was due May 19, 2020.
FAC accepted this audit on December 13, 2018 — management decision was due June 13, 2019.
FAC accepted this audit on December 14, 2017 — management decision was due June 14, 2018.
FAC accepted this audit on December 15, 2016 — management decision was due June 15, 2017.
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