Southeast Kentucky Community and Technical College Online Compliance Certification
Judgment of Compliance |
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X |
Compliance |
Partial Compliance |
Non-Compliance |
NARRATIVE/JUSTIFICATION FOR JUDGMENT OF COMPLIANCE
The financial aid programs are audited at the System-level as part of the KCTCS Independent Auditor’s Reports and with Schedules Required by Government Auditing Standards and OMB Circular A-133. The A-133 audit of Federal Programs was completed in the fall of 2005 by Crowe Chizek and Company LCC, KCTCS’ external auditor. The auditor found that the refund to Title IV for one student occurred beyond the thirty (30) day requirement. Our findings indicated that the student did not have the Financial Aid Office sign off on his withdrawal. This was also not identified in the Registrar’s Office. The Coordinator of Financial Aid on each campus is now required to run a PeopleSoft report that identifies withdrawals on a weekly basis.
The Institution uses electronic transfer as a method of reimbursement of federal funds.
Supporting Documents |
Links to Supporting Documents |
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You must be connected to the World Wide Web to access the following links. (Click on the link to access the document.) |
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1 |
AUDITS |
2001-2002 http://www.secc.kctcs.edu/sacs/supportingdocuments/audit report 2002.pdf 2002-2003 http://www.secc.kctcs.edu/sacs/supportingdocuments/audit report 2003.pdf 2003-2004 http://www.secc.kctcs.edu/sacs/supportingdocuments/ |
2 |
A-133 Audit Report 2005 |
Letter http://www.secc.kctcs.edu/sacs/supportingdocuments/ Findings http://www.secc.kctcs.edu/sacs/supportingdocuments/Management Comments A-133.doc |
3 |
SKCTC’S Response to A-133 Audit |
http://www.secc.kctcs.edu/SACS/SupportingDocuments/AuditResponse.pdf |
4 |
KCTCS Audit Response |
http://www.secc.kctcs.edu/sacs/supportingdocuments/KCTCS audit response.doc |
