Audits: Rutgers, Kean and NJCU inappropriately awarded student aid
- A U.S. Department of Education audit of New Jersey City University's use of federal money--which began three years ago following an office manager's embezzlement of $486,000 in student funds--found that the school had improperly awarded $608,766 in federally subsidized loans and grant money.
- Kean University in Union Township, N.J., reportedly owed the U.S. Education Dept. $255,920 worth of aid money from Pell Grants and federal loans inappropriately awarded between 2001 and 2003.
- Two errors, one of which involved a student receiving loans after exceeding federal limits, found at Rutgers University resulted in the school owing the department $2,821.
From the article:
... A spokeswoman for the U.S. Department of Education said it typically conducts program reviews of schools every five years.
“Most schools do not get cited and have to pay back funds,” said the spokeswoman, Jane Glickman. ...
- NJ.com Read More
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