Notes to SEFA
The schedule of expenditures of federal awards (the Schedule) includes federal award activity of Boston Graduate School of Psychoanalysis, Inc. (the Organization) under programs of the federal government for the year ended July 31, 2025. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Boston Graduate School of Psychoanalysis, Inc., it is not intended to and does not present the financial position, results of operations, changes in net assets, or cash flows of the Organization. The Organization includes loans granted under the Federal Direct Student Loan Program as expenditures of federal awards.
There was no federal capital contribution or match by the Organization during the current year. Direct Student Loan Program The Organization disbursed $1,301,374 of loans under the William D. Ford Federal Direct Loans Program, which include Direct Unsubsidized Loans and/or Direct Grad PLUS Loans. It is not practical to determine the balances of the loans outstanding to students of the Organization under the program at July 31, 2025. The Organization is only responsible for the performance of certain administrative duties and, accordingly, these loans are not included in the Organization’s financial statements.
The Organization has evaluated subsequent events for potential disclosure or recognition through January 15, 2026, the date which the Schedule was available to be issued.