Literaturnachweis - Detailanzeige
Autor/in | Attmore, Robert H. |
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Institution | New York State Office of the Comptroller, Albany. |
Titel | Global Business Institute, Report 95-T-1. |
Quelle | (1995), (10 Seiten)
PDF als Volltext |
Sprache | englisch |
Dokumenttyp | gedruckt; online; Monographie |
Schlagwörter | Accountability; Audits (Verification); Business Education; Community Colleges; Compliance (Legal); Educational Finance; Eligibility; Financial Audits; Financial Support; Full Time Students; Inspection; Postsecondary Education; Program Administration; Student Financial Aid; Two Year College Students; Two Year Colleges |
Abstract | In 1995, the New York State Office of the Comptroller performed an audit of Tuition Assistance Program (TAP) awards at Global Business Institute, a two-year business school offering one business-related program leading to a certificate. TAP, the largest student grant and scholarship program administered by the Higher Education Services Corporation (HESC), is designed to provide tuition aid to eligible full-time students enrolled in approved programs. According to HESC's records, Global certified 1,326 students for 3,099 TAP awards totaling $3,378,900 over the period from 1990-91 to 1992-93. Out of a statistical sample of 150 awards, 29 totaling $28,915 were disallowed because the program did not offer the minimum 1,440 hours of instruction or an approved core curriculum, students were not attending full-time, classes exceeded the approved student/teacher ratio by 24%-53%, students did not meet the Institute's entrance requirements, or students were certified for TAP in excess of tuition liability. A statistical projection of audit disallowances to the entire population resulted in a disallowance of $425,988. In addition, 16 awards totaling $11,728 were disallowed from a review of awards outside the statistical sample period, resulting in a total disallowance of $437,716. The auditor recommended that the HESC recover the amount plus interest. (KP) |
Erfasst von | ERIC (Education Resources Information Center), Washington, DC |