SGS | Financial Aid Audits

As referenced in the Financial Aid Guidance Memo FA 17-002 dated July 26, 2016; the first round of audits for all institutions selected included student samples of between 50-100 students for institutions with zero discrepancies during the 2012-2013 academic year audit period. Depending on institution type and discrepancy percentage from the 2012-2013 academic year audits, institutions with discrepancies between 1% and 10% boasted audit samples of between 75 and 200 students. The initial findings for academic year 2014-2015 audits were provided to the financial aid office at each institution and institutions were encouraged to provide additional documentation to resolve discrepancies. If an institution, experienced discrepancies equal or over 5% for category or summary, an additional second audit was conducted double the size of the initial audit. If at that time the institution still experienced a discrepancy rate equal to or greater than 5%, a full audit of all aid recipients was conducted. If at any point the discrepancy percentage, both summary and category, was below 5%, the audit was finalized. 

 

2014-15 Results

During calendar year 2016, our office audited all Ohio public, independent and proprietary colleges and universities for the 2014-2015 academic year. The audit results are now available.

2013-14 Results

During calendar year 2015, our office audited all Ohio public, independent and proprietary colleges and universities for the 2013-2014 academic year. The audit results are now available.

2012-13 Results

During calendar year 2014, our office audited all Ohio public, independent and proprietary colleges and universities for the 2012-2013 academic year. The audit results are now available.

2011-12 Results

During calendar year 2013, our office audited all Ohio public, independent and proprietary colleges and universities for the 2011-2012 academic year. The audit results are now available.

2010-11 Results

During calendar year 2012, our office audited all Ohio public, independent and proprietary colleges and universities for the 2010-2011 academic year. The audit results are now available.

2009-10 Results

During calendar year 2011, our office audited all Ohio public, independent and proprietary colleges and universities for the 2009-2010 academic year. The audit results are now available.

2008-09 Results

During calendar year 2010, our office audited all Ohio public, independent and proprietary colleges and universities for the 2008-2009 academic year. The audit results are now available.

 

Financial aid personnel should direct questions to the financial aid auditor, Ramah Church, 614.387.1013, rchurch@highered.ohio.gov.