Webinar: Maintaining Audit-Proof Financial Aid Student Files Through Effective Compliance Reviews

Description

In today’s regulatory environment, schools face increased scrutiny over financial aid administration. This session will guide participants through best practices for creating and maintaining student financial aid files that can stand up to the most rigorous audits. We will explore the importance of a structured compliance review process, from initial document collection and verification to ongoing quality control checks. Attendees will learn how to identify common documentation errors, implement corrective measures, and create a file review schedule that ensures ongoing compliance with federal, state, and accreditor requirements. Key takeaways will include: How to build a comprehensive, organized, and audit-ready student file. Strategies for conducting proactive compliance reviews before auditors arrive. Tips for avoiding common findings that can lead to liabilities or penalties. Tools and checklists to streamline the review process and maintain consistent standards. Whether you are new to financial aid or a seasoned administrator, this presentation will provide practical steps to protect your institution from compliance risks and foster a culture of accuracy and accountability.