The FDIC’s Student Residence Center

Date Issued

Tuesday, January 6, 2026

Submitting OIG

Federal Deposit Insurance Corporation OIG

Agencies Reviewed/Investigated

Federal Deposit Insurance Corporation

Report Number

AUD-26-01

Report Type

Audit

Agency Wide

Yes

Questioned Costs

Funds for Better Use

Report updated under NDAA 5274

Open Recommendations

This report has 4 open recommendations.

Recommendation Number	Significant Recommendation	Recommended Questioned Costs	Recommended Funds for Better Use
1	No	$0	$0
Develop and finalize processes and procedures for real property asset management-related activities, to include acquisition, management, utilization, and disposal of owned real property.
2	No	$0	$0
Establish and execute a data-driven decision-making process for the current and future use of the Student Residence Center and its operations. At a minimum, this process should: a. Identify and centralize sources of Student Residence Center-related financial and non-financial data across the FDIC, as appropriate. b. Utilize and analyze financial and non-financial data identified to inform Student Residence Center resource allocation decisions to achieve the best value.
3	No	$0	$0
Develop performance goals and objectives for the Student Residence Center, in alignment with the FDIC’s mission, strategic plan, and performance goals.
4	No	$0	$0
Leverage FDIC Directive 4010.03, Enterprise Risk Management and Internal Control Program to identify, assess, and manage risks specifically related to achieving the Student Residence Center performance goals and objectives, and coordinate with the Office of Risk Management and Internal Controls, as necessary.