WTC 4.7 Narrative
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Section 4:  Federal Requirements

4.7

The institution is in compliance with its program responsibilities under Title IV of the 1998 Higher Education Amendments.

Compliance
Partial Compliance
Non-Compliance





Narrative:

Western Texas College receives Title IV federal funds from the U. S. Department of Education, and the College has met eligibility requirements under the Higher Education Act.  The College’s Application for Approval (LINK) to Participate in Federal Student Financial Aid Programs was approved on July 19, 2001, and will continue through June 30, 2007.

Western Texas College provides funds for financial aid programs such as Federal Pell, Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work Study, and Federal Family Educational Loan Programs.  The WTC loan programs include Federal Subsidized Stafford Loans, Federal Unsubsidized Stafford Loans, and Federal Parent Loans for Undergraduate Students (PLUS).

The Financial Aid Officer submits an annual report online to the Department of Education (E-Z audit), and the college has been consistently listed in good standing with U.S. Department of Education.   Further, an external audit is conducted annually by the firm of May and Hrbacek, which provides evidence of compliance with the requirements described in the U. S. Office of Budget and Management (OMB) Circular 1-133 Compliance Supplement.  The last external audit, (LINK to Audit report) which includes an audit for the College and a separate audit for Federal programs including Title IV, was conducted for the fiscal year ending August 31, 2006, and found the College in compliance with no findings.

Evidence of Support :

Application for Approval (Program Participation Agreement)
Audit report, 2005-2006

 

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