Our audit objectives were to determine whether South Florida Institute of Technology completed verification of applicant data in accordance with Federal requirements and accurately reported verification results to FSA.
The South Florida Institute of Technology did not complete verification of applicant data in accordance with Federal requirements for 9 of the 60 students included in our statistical random sample. Based on the results of our statistical random sample, we estimate that South Florida Institute of Technology did not complete verification in accordance with Federal requirements for 109 (15 percent) of the 727 Pell recipients selected for verification for award year 2017–2018.
We made one recommendation. We recommended that FSA confirm that South Florida Institute of Technology implemented the quality control process that it designed to provide reasonable assurance that employees complete verification in accordance with the school’s verification policies and procedures.
Oversight and Monitoring—Student Financial Assistance Programs
See other OIG reports on verification.