Audit 371907

FY End
2025-05-31
Total Expended
$9.33M
Findings
0
Programs
13
Organization: Illinois College (IL)
Year: 2025 Accepted: 2025-11-07
Auditor: SIKICH CPA LLC

Organization Exclusion Status:

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Contacts

Name Title Type
LQ3JZVN4MBD6 Kent Siltman Auditee
2172453003 Ray Krouse Auditor
No contacts on file

Notes to SEFA

Expenditures of the Direct Loan program include the total value of the loans awarded and paid to the College’s students during the year ended May 31, 2025. The Perkins loans represent the amounts of the federal Perkins loans outstanding at May 31, 2024. During the year ended May 31, 2025, $81,408 was collected and cancelled for Perkins loans. The College had the following Perkins loan balances outstanding at May 31, 2025:
As of and during the year ended May 31, 2025, the College did not receive any noncash federal assistance or federal insurance. In addition, the College did not pass through any federal grants to sub-recipients.