ERIC Number: ED417770
Record Type: Non-Journal
Publication Date: 1998-Apr-3
Reference Count: N/A
Stenotype Academy, Report 97-T-2.
This document, from the State of New York's Office of the State Comptroller, contains the results of an audit on the records and procedures used in administering the Tuition Assistance Program (TAP) at Stenotype Academy (Stenotype) for academic years 1993-94 through 1995-96. It states that Stenotype was overpaid $230,478 because school officials incorrectly certified students as eligible for TAP awards. From the statistical sample, 18 awards totaling $17,719 were disallowed. A statistical projection of the audit disallowances to the entire student population resulted in an audit disallowance of $213,192. Sixteen awards outside the sample period were also disallowed for $17,286. It is recommended that the Higher Education Services Corporation (HESC) recover the total amount of $230,478 plus applicable interest from Stenotype. The document provides background information on Stenotype, a two-year, proprietary degree-granting school in Manhattan, and discusses the audit's scope. It provides a table summarizing the disallowances that resulted from the audit, then describes in detail the different disallowance categories. These include students who are not in good academic standing, not properly matriculated, not in full-time attendance, and who have over-certified tuition to HESC. It also discusses refunds not paid to students and provides recommendations for the HESC and State Education Department. (YKH)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: New York State Office of the Comptroller, Albany.
Identifiers - Location: New York