Audit 389599

FY End
2025-06-30
Total Expended
$6.03M
Findings
0
Programs
5
Organization: Corban University (OR)
Year: 2025 Accepted: 2026-02-27
Auditor: CAPINCROUSE LLC

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 FEDERAL DIRECT STUDENT LOANS $4.27M Yes 0
84.063 FEDERAL PELL GRANT PROGRAM $1.56M Yes 0
84.033 FEDERAL WORK-STUDY PROGRAM $120,198 Yes 0
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $67,897 Yes 0
84.379 TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS (TEACH GRANTS) $15,088 Yes 0

Contacts

Name Title Type
D4WFRK6LUJ33 Jordan Wade Auditee
5035818600 Christopher Gordon, CPA Auditor
No contacts on file

Notes to SEFA

See the Notes to the SEFA for chart/table
The University did not provide any federal funds to subrecipients nor did they receive any federal non-cash assistance, insurance, or loan guarantees. The University received a U.S. Small Business Administration (SBA) Disaster Assistance Loan (EIDL), in the fiscal year ending June 30, 2025 for working capital. SBA requires that EIDL are reported on the schedule based on when loan proceeds are expended. As of June 30, 2025, the University had not spent any EIDL funds and therefore, it is excluded from the schedule until the 2026 fiscal year.