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Download full textOffice of Inspector General, US Department of Education, 2024
In order to participate in Title IV programs, institutions must submit annual audits, performed by an independent auditor, to Federal Student Aid (FSA). Proprietary institutions' auditors are required to perform the compliance audit and financial statement audit in accordance with the Government Auditing Standards, Generally Accepted Auditing…
Descriptors: Federal Legislation, Higher Education, Educational Legislation, Quality Control
Office of Inspector General, US Department of Education, 2024
The Office of Inspector General (OIG) consistently dedicates significant resources to the oversight of Federal student assistance programs programs due to the risks associated with their complexity, high levels of funding, large numbers of program participants, and reliance on contractors. Through the office of Federal Student Aid (FSA), the U.S.…
Descriptors: Federal Aid, Student Financial Aid, Inspection, Quality Control
