ERIC Number: ED361023
Record Type: Non-Journal
Publication Date: 1993-Sep-9
Reference Count: N/A
Taylor Business Institute. Report 93-T-1.
Attmore, Robert H.
Taylor Business Institute is a proprietary, degree-granting school located in New York City, offering various programs leading to two-year degrees and diplomas. An audit was conducted by the New York State Comptroller's Office of the records and procedures used by Taylor in certifying students' awards for the Tuition Assistance Program (TAP) and the Supplemental Tuition Assistance Program (STAP) for the 1989-90 and 1990-91 academic years. In addition, a limited review was conducted of the Higher Education Services Corporation's (HESC's) records for 1988-89 and 1991-92 to detect errors or inconsistencies in Taylor's certifications of student eligibility for TAP and STAP. It was determined that Taylor was overpaid $122,657 because school officials incorrectly certified student eligibility. From a statistical sample of 150 TAP and STAP awards, 17 awards, totaling $10,234, were disallowed. Reasons for disallowances included students not being in good academic standing, students not attending full time, TAP exceeding tuition liability, and TAP not being posted to students' accounts. In each instance, Taylor officials agreed with the disallowances. A projection to the entire Taylor population resulted in a disallowance of $119,787, to which was added another $2,870 from four disallowed awards not in the sample year and applicable interest to arrive at the total which Taylor must refund to the state. The comptroller's office recommended that HESC recover the money, that Taylor report the correct tuition liability for each term, and Taylor's refund procedures be reviewed. (AC)
Publication Type: Reports - Research; Legal/Legislative/Regulatory Materials
Education Level: N/A
Authoring Institution: New York State Office of the Comptroller, Albany.
Identifiers - Location: New York