Notes to SEFA
The federal loan program listed subsequently is administered directly by Westmont College, and balances and transactions relating to these programs are included in Westmont College’s basic financial statements. Loans outstanding at the beginning of the year and loans made during the year are included in the federal expenditures presented in the Schedule. There were no remaining outstanding at May 31, 2025, and there were no new loans made during the year, for the Federal Perkins Loan Program.
Of the federal expenditures presented in this schedule, Westmont College provided no federal awards to subrecipients.