Notes to SEFA
During the fiscal year ended June 30, 2025, students and their parents were awarded $20,618,334 of federally guaranteed loans under Federal Direct Student Loans (which includes Stafford Loans and Parent Loans for Undergraduate Students). The University is responsible only for the performance of certain administrative duties with respect to the federally guaranteed student loan programs and, accordingly, balances and transactions relating to these loan programs are not included in the University’s basic financial statements. Therefore, it is not practicable to determine the balance of loans outstanding to students and former students of the University at June 30, 2025.