Submitting OIG:
Report Description:
Our audit to determine whether FSA had controls in place to ensure that students who had met or exceeded the Pell grant lifetime eligibility limit did not receive additional Pell grants found that FSA had those controls in place. We found no errors when testing the accuracy of the Lifetime Eligibility Used calculation1 for a random sample of Pell grant awards. Further, we tested controls for a judgmental sample containing different scenarios for awards having Lifetime Eligibility Used calculated at or above 600 percent maximum allowed and found no significant issues.
Date Issued:
Tuesday, March 31, 2015
Agency Reviewed / Investigated:
Submitting OIG-Specific Report Number:
A06O0002
Component, if applicable:
Federal Student Aid
Location(s):
United States
Type of Report:
Audit
Questioned Costs:
$0
Funds for Better Use:
$0
Number of Recommendations:
0
Report updated under NDAA 5274:
No
View Document:
Attachment | Size |
---|---|
FY15A06O0002042324v100SECURED.pdf | 110.78 KB |
Additional Details Link: