Notes to SEFA
The federal loan program listed subsequently is administered directly by Anderson University and balances and transactions relating to this program are included in Anderson University’s consolidated 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 May 31, 2025, consists of 84.038 Federal Perkins Loans at $1,571,903
Of the federal expenditures presented in this schedule, Anderson University provided no federal awards to subrecipients.