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Banking Controls Internal Control and Compliance Audit
www.minnstate.eduApr 16, 2013 · such as federal student financial aid and scholarship and endowment funds. As noted in Table 1, over $1 billion in receipts flow through local bank accounts each year. In addition, over $770 million in student loan activity flows through the local bank accounts. Table 1: Tuition, Fees, and Sales, Net for Year Ended June 30 (In Thousands)