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         Ohio Board of Regents

               Statewide Financial Aid Audit Error Report Summary

     May 7, 2003

Data Item 

Total Records Reviewed

Number of Errors

Percent of Errors

 

 

 

 

Is the student a US resident?
(Link to Findings)

  4158

3

0.07%

Is the student registered for Selective Service? (Age eligible males only)
 (Link to Findings)

4158

2

0.05%

Is the student registered full-time?
(Link to Findings)

4158

9

0.22%

Are the student's tuition charges commensurate with the number of hours enrolled?
(Link to Findings)

4158

4

0.09%

Is the student enrolled in an Associate's or Bachelor's degree program?
(Link to Findings)

4158

6

0.14%

If the student withdrew or dropped below full-time, was an appropriate refund made?
(Link to Findings)

4158

10

0.24%

Did the student make satisfactory academic progress?
(Link to Findings)

4158

12

0.29%

Does the state scholarship/grant award amount disbursed to the school match the amount applied to the student's instructional (or other) charges?
(Link to Findings)

4158

10

0.24%

Does financial aid documentation clearly show the source of all benefits applied to the student's instructional (or other) charges?
(Link to Findings)

4158

10

0.24%


 The Statewide Financial Aid Audit Error Report Summary reflects audits conducted and completed since June 2001. Errors from incomplete audits (a final letter to the president has not been received) are not included in this summary. For a list of colleges and universities that have had financial aid audits, please refer to: 

http://regents.ohio.gov/hei/audits/auditprocess/previousaudits.html
 
 
 

 

 

 

 

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http://regents.ohio.gov/hei/faidreport.htm
Last Updated on 05/07/2003