Notes to SEFA
The federal loan program listed subsequently is administered directly by La Sierra University, and balance and transactions relating to this program is included in La Sierra University’s financial statements. Loans outstanding at the beginning of the are included in the federal expenditures presented in the Schedule. There were no loans made during the year. The balance of loans outstanding at June 30, 2025, consists of Federal Perkins Loan Program (Assistance Listing Number: 84.038) of $480,260.
Of the federal expenditures presented in this schedule, La Sierra University provided no federal awards to subrecipients.