Consultant Insights

Avoid These 6 Compliance Mistakes in Financial Aid 

When it comes to Title IV compliance, most mistakes aren’t malicious, they’re mundane.  A missed file, a policy that was never updated, or a website link that points to last year’s SAP criteria can all trigger findings during an annual audit. At FAS, we’ve seen how small missteps can turn into major risks, especially when staffing […]

The Compliance Window: Higher Ed’s Most Overlooked Audit Risk 

When most leaders think about compliance and audit risk, they picture corporate boardrooms, quarterly reports, and spreadsheet-heavy risk assessments. But in higher education, particularly in financial aid, compliance risk is more dynamic, more visible, and more immediate.  It’s cyclical. It’s personal. And when institutions land on heightened cash monitoring, it’s public. The Compliance Window, which […]

Beyond the Checklist: Building a Culture of Audit Readiness

With federal oversight increasing, Title IV guidance evolving, and Return to Title IV (R2T4) updates drawing sharper scrutiny, audit readiness can no longer be treated as a once-a-year event. The institutions that will emerge stronger are those treating compliance as a daily discipline—and building it into the rhythm of their operations. Why It’s Time to […]

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