FSA-2018-6082

Our audit identified a matter that is considered reportable under Government Auditing Standards and Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The University incorrectly calculated how much money to return to the Title IV program (financial aid) after students supported by the program withdrew from school. Also, some funds were either not returned or were returned late. Details about this item are provided in the Findings, Recommendations, and Responses section of the transmittal.