Section 3.10.3: Financial and Physical Resources

Judgment of Compliance

checked.png Compliance
unchecked.png Partial Compliance
unchecked.png Non-compliance

Requirement

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

Narrative

McNeese State University is in compliance with Comprehensive Standard 3.10.3 The University audits financial aid programs as required by federal and state regulations. The Louisiana State Legislative Auditor conducts audits and tests on the major federal programs at the University in accordance with the Office of Management and Budget (OMB) Audit Criteria A-133.

Supporting Evidence

University of Louisiana System audit report 2005

Legislative Auditor management Letter June 30, 2003

Office of Student Financial Assistance Compliance Review Report