Our audit identified matters that are 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). These items included: (1) The University did not timely report enrollment status changes to the National Student Loan Data System (NSLDS) for students who received federal financial assistance; and (2) The University did not timely return Title IV funds (financial aid) after students supported by the program withdrew from the school.
Details about each item are provided in the Findings, Recommendations, and Views of Responsible Officials of the Auditee section of the transmittal.
Fayetteville State University - Statewide Federal Compliance Audit Procedures
Categorization and Details