Focused Report

Federal Requirement 4.7

The institution is in compliance with its program responsibilities under Title IV of the 1998 Higher Education Amendments. (Title IV program responsibilities)

Off-Site Committee Finding

The On-Site Committee will want to see the institution's response to the document, Federal Award Findings and Questioned Costs: Eligibility issues FA-521-06-01 and Reporting issues FA-521-06-02. Amounts were reported for the Perkins Loan Program and the Federal Work-Study Program that did not reconcile to the accounting records. Special Tests and Provisions found FA-521-06-03 inadequate control procedures over the timesheet system for the Federal Work-Study Program, and incidences of Failure to Return Funds in a Timely Manner FA-521-06-04. Additionally FS-521-05-04 and FS-521-06-04 address the same issue of inappropriate work-study payments to student athletes. In all findings, corrective recommendations were made. The institution's initial response to the findings is found in support document Current Summary of FY 2006 Findings in Form AX-11b Summary of PY Findings. Since the DOE has requested additional information to make a final determination, the On-Site Committee will want to verify that the institution has satisfied the DOE requirement(s) to resolve these problem areas.

Albany State University's Response

The University received its [1] annual audit report in November 2007. It includes an unqualified opinion.

We have now received the [2] Department of Education's Final Audit Determination Letter for FY2006. Its final determination on five finding was "Assuming continued compliance, this finding is closed." Its final determination on one finding was, "This finding is considered closed."

The university has submitted a [3] 2007 Audit Corrective Action Plan to address the unresolved or partially resolved issues.

Supporting Documentation

[1] Annual audit report

[2] Department of Education's Final Audit Determination Letter for FY2006

[3] 2007 Audit Corrective Action Plan