Wayne Community College - SACS Website - Comprehensive Standards 3.10.3

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Comprehensive Standards: 3.1.1 - 3.2.1 - 3.2.2 - 3.2.2.1 - 3.2.2.2 - 3.2.2.3 - 3.2.2.4 - 3.2.3
3.2.4 - 3.2.5 - 3.2.6 - 3.2.7 - 3.2.8 - 3.2.9 - 3.2.10 - 3.2.11 - 3.2.12 - 3.2.13 - 3.2.14 - 3.3.1
3.4.1 - 3.4.2 - 3.4.3 - 3.4.4 - 3.4.5 - 3.4.6 - 3.4.7 - 3.4.8 - 3.4.9 - 3.4.10 - 3.4.11 - 3.4.12
3.4.13 - 3.4.14 - 3.5.1 - 3.5.2 - 3.6.1 - 3.6.2 - 3.6.3 - 3.7.1 - 3.7.2 - 3.7.3 - 3.7.4 - 3.7.5
3.8.1 - 3.8.2 - 3.8.3 - 3.9.1 - 3.9.2 - 3.9.3 - 3.10.1 - 3.10.2 - 3.10.3 - 3.10.4 - 3.10.5 - 3.10.6
3.10.7

Comprehensive Standard 3.10.3: Financial Aid Audits

The institution audits financial aid programs as required by federal and state regulations.

Judgment of Compliance: The College certifies COMPLIANCE.

Narrative:

The state auditor audits financial aid funds with all other college funds under the single audit plan. The last four audits showed no non-compliance or material weakness.

Documentation:

US Department of Education Letter June 21, 2001
North Carolina State Auditor’s Letter March 4, 2004 (FY ended June 30, 2003)
North Carolina State Auditor’s Letter December 7, 2004 (FY ended June 30, 2004)