Closure of OIG’s Audit of Federal Student Aid's Monitoring and Enforcement of Compliance with the Misrepresentation Regulations

During the course of our fieldwork, we learned of two FSA initiatives that pertain to identifying and addressing misrepresentation by schools. FSA is in the process of implementing a new student complaints tracking system, called Enterprise, and a Student Aid Enforcement Unit. One of the four divisions of the new unit will be an investigations division that will identify potential misconduct, such as misrepresentation, or high-risk activity among schools and protect Federal funding. We are closing this audit because FSA plans to implement these two initiatives throughout 2016; these two initiatives will be significant control activities that represent major changes to FSA’s process for identifying and addressing misrepresentation by schools.