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ERIC Number: ED432064
Record Type: Non-Journal
Publication Date: 1999-Oct-30
Pages: 69
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: N/A
U.S. Department of Education, Office of Inspector General Semiannual Report to Congress, April 1, 1998-September 30, 1998.
Office of Inspector General (ED), Washington, DC.
This report from the Department of Education's (ED) Office of Inspector General (OIG) examines information-systems technology, financial systems and controls, and postsecondary education in the ED. The review focuses on postsecondary schools, lenders, and guaranty agencies. Significant investigative efforts revealed that fraud had been committed by student financial-aid consultants, by students, and by individuals falsely claiming enrollment at foreign schools. The report discusses implementation-readiness reviews of ED's Grants Administration and Payment System, describes how ED's Year 2000 efforts have not kept pace with government milestones, outlines how ED received an unqualified opinion on its FY 1997 annual financial statement, and details an ongoing investigation of various forms of financial fraud committed against ED. Other significant activities revealed in the report describe efforts to comply with the Government Performance and Results Act, which requires federal agencies to prepare a 5-year strategic plan and annual performance plans; direct loan school monitoring; and audit-quality initiatives. Two abstracts offer further information on significant audits and audit-related activities and important prosecutive actions resulting from OIG Investigations. Six statistical tables provide data on recommendations described in previous reports that have not been completed, on unresolved reports, and other information. (RJM)
Office of Inspector General, U.S. Dept. of Education, 400 Maryland Ave., S.W., Washington, DC 20202-1510; Web site: http://www.ed.gov/offices/OIG/
Publication Type: Legal/Legislative/Regulatory Materials
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Office of Inspector General (ED), Washington, DC.