Notes to SEFA
The College participates in the federal loan programs listed below. Perkins Loan Program (AL No. 84.038) Effective September 30, 2017, the Perkins Loan Program was terminated. The College will continue to service outstanding loans; however, no new loans were disbursed for the year ended June 30, 2025. Direct Student Loans (AL No. 84.268) During the year ended June 30, 2025, the College awarded a total of $5,780,690 of new loans under the Direct Student Loan Program (which includes Stafford Subsidized and Unsubsidized Loans, Parents’ Loans for Undergraduate Students, and Stafford Independent Student Unsubsidized Loans). Loans are held by private institutions.
The College receives an administrative allowance for participating in various student financial assistance programs included on the Schedule as follows:
The College derived 16.17% of its tuition, fees, and other institutional charges for students from Title IV funds during the year ended June 30, 2025. The College’s calculation of this percentage is included in the table below: