Our audit objectives were to determine whether MiraCosta College (MiraCosta) completed verification of applicant data in accordance with Federal requirements and accurately reported verification results to Federal Student Aid (FSA). The audit covered award year 2016–2017 (July 1, 2016, through June 30, 2017). We found that MiraCosta generally completed verification of applicant data in accordance with Federal requirements. Specifically, MiraCosta did not complete verification after a subsequent Institutional Student Information Record was received for 1 of the 60 students sampled. We also found that MiraCosta did not accurately report verification results to FSA. Specifically, for 10 of the 60 students sampled, MiraCosta did not accurately report new Central Processing System transaction numbers to the Common Origination and Disbursement System after MiraCosta completed verification.
Oceanside, CA
United States