Notes to SEFA
The federal loan program listed subsequently is administered directly by Kalamazoo College and balances and transactions relating to this program are included in Kalamazoo College's 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. The balance of loans outstanding at June 30, 2025, consists of: CFDA 84.038, Federal Perkins Loans, $1,047,916
Of the federal expenditures presented in this schedule, Kalamazoo College provided no federal awards to subrecipients