Notes to SEFA
The Corporation had the following federal government loan guarantees outstanding at June 30, 2025: Federal Assistance Listing 84.032 Guaranteed and Number Outstanding 95,123,212 Program title: United States Department of Education: Federal Family Education Loan Program: 84.032 95,123,212
Certain funds are passed-through to sub-grantee organizations by the Corporation. Expenditures incurred by the sub-grantees and reimbursed by the Corporation are included in the Schedule
The Corporation sold its Federal Family Education Loan (FFEL) portfolio to the Pennsylvania Higher Education Assistance Authority (PHEAA) in November of 2025. The Corporation has not initiated any FFEL loans since 2010 and the loan balances have decreased over the past 15 years.