WECT INVESTIGATES: State Auditor flags financial oversight issue at CFCC | Fox Wilmington WSFX-TV

WECT INVESTIGATES: State Auditor flags financial oversight issue at CFCC | Fox Wilmington WSFX-TV

WILMINGTON, N.C. (WECT) – A new report from the North Carolina State Auditor’s Office uncovered a “significant deficiency” in Cape Fear Community College’s internal financial controls. The 2025 Statewide Single Audit, released this week, found CFCC lacked internal controls “to ensure changes in student enrollment status were reported accurately and timely.” During the audit, CFCC gave out roughly $21.3 million in federal financial aid to nearly …