|Financial Audit Division Report 06-17||Released June 20, 2006|
Lake Superior College did not establish adequate controls to prevent or detect fraud or accounting errors and to ensure compliance with state statutes and Minnesota State Colleges and Universities’ (MnSCU) policies.
Lake Superior College resulted from a 1995 merger of Duluth’s community and technical colleges. It is one of 32 colleges that make up the Minnesota State Colleges and Universities system. The college served about 8,500 students in fiscal year 2005, representing a full-time equivalent of over 3,400 students. Lake Superior College offers more than 90 technical majors and courses from 27 academic disciplines. Dr. Kathleen Nelson is the college president.