A new 160-page report from the state comptroller's office reveals Tennessee State University has continued to make financial errors involving taxpayer dollars, with many issues being repeat findings from previous audits.
The report lists 15 total findings at the historically Black college during the last half of 2022 and the first half of 2023, with at least six of these issues having been identified in previous audits.
According to the comptroller's office, university leaders failed to properly oversee their finances in the past eight audits, resulting in millions of dollars in errors.
The audit shows TSU overstated its cash holdings by more than $5 million and mishandled money related to university housing charges, debt and scholarship allocations.
Students have faced significant financial consequences from these errors. The report indicates TSU undercharged graduate students a total of $1.5 million.
The audit also revealed instances where students were charged for tuition, housing or meal plans despite TSU having no record of those students attending classes.
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