Notes to SEFA
The Christ Hospital College of Nursing and Health Sciences (the College of Nursing), a subsidiary of the Network, acts as the intermediary for students participating in the Federal Direct Student Loans Program (Assistance Listing No. 84.268, which includes subsidized and unsubsidized loans, as well as Parent Loan for Undergraduate Students (PLUS)) of the federal government. The federal government is responsible for billing and collections of these loans. The College of Nursing assists the federal government by processing the applications and applying funds to student accounts from the federal government. Since this program is administered by the federal government, new loans made in the fiscal year ended June 30, 2025, related to the Federal Direct Student Loans Program are considered current year federal expenditures, whereas the outstanding loan balances are not. The new loans issued during the fiscal year ended June 30, 2025, totaled $3,890,494, and are summarized as follows: See Notes to the SEFA for chart/table.