FAC Explorer

Audit 389489

FY End
2025-05-31
Total Expended
$9.89M
Findings
0
Programs
5
Organization: Lees-McRae College INC (NC)
Year: 2025 Accepted: 2026-02-27
Auditor: BROWN EDWARDS

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 FEDERAL DIRECT STUDENT LOANS $7.38M Yes 0
84.063 FEDERAL PELL GRANT PROGRAM $2.36M Yes 0
84.033 FEDERAL WORK-STUDY PROGRAM $68,478 Yes 0
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $60,420 Yes 0
84.425 EDUCATION STABILIZATION FUND $19,286 Yes 0

Contacts

Name Title Type
JVHFTCMDCUU3 Susan Stephenson Auditee
8288988741 John Hash Auditor
No contacts on file

Notes to SEFA

The college is responsible for the performance of only certain administrative duties with respect to its Federal Direct Loan program and, accordingly, these loans are not included in its financial statements. It is not practical to determine the balance of loans outstanding to students and former students of the College under these programs as of May 31, 2025.