NC Central University Cited For Financial Issues

State auditors have cited North Carolina Central University for
"significant deficiencies" in the university's handling of its finances.

The Herald-Sun of Durham reports Saturday that auditors found overpayments to employees of more than $13,000 and underpayments of $6,200.

Auditors also found the university mismanaged students' accounts, a mistake that allowed ineligible students to live on campus and register for classes.

Auditors said the mistakes occurred while N.C. Central was experiencing turnover in its payroll division and had hired temporary employees in that department.

In a statement, the school said it was working to resolve any issues identified by auditors, including hiring an accountant to supervise payroll.

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  • by Tad Location: Jamesville on Mar 28, 2009 at 09:48 PM
    Anybody surprised? There are people at institutions like this one that become very proactive when they don't like the rules for who is eligable for benefits and who isn't. They are entitlement oriented and twist rules to meet their personal agendas. I've seen this kind of line blurring before, often the politics of the people in charge protect the rule benders.

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