FSA-2012-6060

The results of our audit disclosed a deficiency in internal control and/or instance of noncompliance or other matters that is considered reportable under Government Auditing Standards or OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations. This item included: The University did not notify students each time a Direct Loan disbursement was credited to their account in accordance with federal regulations. Details about this item are provided in the Audit Findings and Responses section of the report.