Notes to SEFA
New loans disbursed of $560,095 and $542,084 under the NFLP and NSL programs, respectively, are included in the schedule of expenditures of federal awards for the year ended December 31, 2024. Administrative costs were $0 for 2024. For these loans, the Health System reports on the accompanying schedule of expenditures of federal awards and the Data Collection Form the loans outstanding at the beginning of the fiscal year, new loans disbursed during the fiscal year, and any administrative costs.