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Institution | Mississippi State Legislature, Jackson. Performance Evaluation and Expenditure Review Committee. |
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Titel | A Review of Institutions of Higher Learning's Student Financial Aid Administrative Expenditures and the Post-Secondary Board's Enforcement of Residence Requirements for Grants. |
Quelle | (1996), (54 Seiten)
PDF als Volltext |
Sprache | englisch |
Dokumenttyp | gedruckt; online; Monographie |
Schlagwörter | Accountability; Administration; Educational Finance; Financial Audits; Financial Policy; Governance; Governing Boards; Higher Education; Money Management; Policy Formation; Public Agencies; State Boards of Education; State Colleges; State Legislation; State Programs; State Universities; Student Financial Aid; Trustees; Mississippi Verantwortung; Verwaltung; Bildungsfonds; Fiscal policy; Finanzpolitik; Education; Educational policy; Financing; Steuerung; Bildung; Erziehung; Bildungspolitik; Finanzierung; Governing body; Governing bodies; Leitungsgremium; Hochschulbildung; Hochschulsystem; Hochschulwesen; Politische Betätigung; Öffentliche Einrichtung; Landesrecht; Regierungsprogramm; Staatliche Universität; Finanzielle Beihilfe; Studienfinanzierung; Studienförderung; Treuhandanstalt |
Abstract | This report to the Mississippi Legislature presents the findings of a review of student financial aid administrative expenditures and enforcement of residence requirements by the State Board of Trustees of Institutions of Higher Learning (IHL). The review found that IHL privatized a loan guarantee program and redirected special funds to a private company that assumed the workload while IHL retained staff members thus doubling salary expenditures. It was also found that IHL spent contractual funds for a computer loan management system that was not used. IHL administrators failed to assure consistent compliance with the state's four-year residence requirements for Mississippi Resident Tuition Assistance Grants (MTAG) and the Mississippi Eminent Scholars Grants Program (MESG) with some grants awarded without proof of Mississippi residence. Six recommendations address needed actions by the IHL Board and staff concerning the management of administrative expenditures and three recommendations to improve verification of student residence status. A summary of the response by the Board to each of these recommendations is also provided. Five appendices provide additional detail on trends in expenditures and staffing, a summary of residential requirements, a summary of MTAG and MESG guidelines, and the MTAG and MESG application and contract. (JLS) |
Erfasst von | ERIC (Education Resources Information Center), Washington, DC |