Auditors have found that Cheyney University of Pennsylvania didn’t document the eligibility of students before giving them nearly $30 million in federal grants and loans in the last four years.
Pennsylvania State System of Higher Education officials said Thursday that the findings were from a 14-month review of financial aid records competed this month. System officials sent the new 400-page report to the U.S. Department of Education last week.
The Pittsburgh Tribune-Review reported that Chancellor Frank Brogan says the auditors’ report will serve as a starting point for federal regulators to determine how much must be repaid.
Cheyney University in suburban Philadelphia is the nation’s first historically black university.Last December, Pennsylvania Auditor General Eugene DePasquale sounded an alarm over Cheyney’s finances amid rising debt and falling enrollment and revenue.