FAC Explorer

Audit 389919

FY End
2025-06-30
Total Expended
$234.69M
Findings
0
Programs
267
Organization: New Mexico State University (NM)
Year: 2025 Accepted: 2026-03-02
Auditor: BAKER TILLY LLP US

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.063 FEDERAL PELL GRANT PROGRAM $56.92M Yes 0
84.268 FEDERAL DIRECT STUDENT LOANS $34.22M Yes 0
12.U01 DEPARTMENT OF DEFENSE $12.00M Yes 0
12.005 CONSERVATION AND REHABILITATION OF NATURAL RESOURCES ON MILITARY INSTALLATIONS $4.72M Yes 0
84.031 HIGHER EDUUCATION_INSTITUTIONAL AID $4.00M Yes 0
10.182 FOOD BANK NETWORK $2.93M Yes 0
10.511 SMITH-LEVER FUNDING $2.56M Yes 0
10.001 AGRICULTURAL RESEARCH BAASIC AND APPLIED $2.42M Yes 0
10.203 HATCH FEDERAL APPROPRIATIONS $2.32M Yes 0
10.561 SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM $2.02M Yes 0
93.600 HEAD START $1.84M Yes 0
20.109 AIR TRANSPORTATION CENTERS FO EXCELLENCE $1.79M Yes 0
66.309 SOUTH CENTRAL ENVIRONMENTAL JUSTICE $1.77M Yes 0
84.038 PERKINS LOANS - BEGINNING BALANCE $1.56M Yes 0
10.912 STRATEGIES TO IMPROVE SOIL & WATER $1.48M Yes 0
81.137 MSIPP-NUCHEME $1.34M Yes 0
84.425U COVID-19 HIGHER EDUCATION EMERG RELIEF FND ARP $1.31M Yes 0
93.397 PARTNERSHIP FOR THE ADVANCEMENT $1.22M Yes 0
12.U13 DEPARTMENT OF DEFENSE $1.18M Yes 0
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $1.16M Yes 0
84.033 FEDERAL WORK-STUDY PROGRAM $1.15M Yes 0
10.237 LEADING HISPANICS TO FEDERAL AGENCY $1.12M Yes 0
84.047 TRIO UPWARD BOUND $1.03M Yes 0
47.050 GEOSCIENCES $912,166 Yes 0
12.U18 DEPARTMENT OF DEFENSE $877,606 Yes 0
93.103 FOOD & DRUG ADMINISTRATION RESEARCH $849,720 Yes 0
93.732 MENTAL & BEHAVIORAL HEALTH EDUCATION & TRAINING $795,535 Yes 0
12.630 BASIC, APPLIED, & ADVANCED RESEARCH IN SCIENCE & ENG $792,824 Yes 0
84.042 TRIO STUDENT SUPPORT SERVICES PROGR $790,649 Yes 0
10.319 FARM BUSINESS MANAGEMENT AND BENCHMARKING $765,786 Yes 0
84.002 ADULT EDUCATION $751,455 Yes 0
12.U03 DEPARTMENT OF DEFENSE $695,052 Yes 0
12.U29 DEPARTMENT OF DEFENSE $677,746 Yes 0
81.252 RADIOCHEMISTRY AND NUCLEAR PHYSICS $656,311 Yes 0
11.028 NIST FINANCIAL ASSISTANCE $640,288 Yes 0
12.U17 DEPARTMENT OF DEFENSE $630,848 Yes 0
10.902 SOIL & WATER CONSERVATION $626,579 Yes 0
10.514 EXPANDED FOOD AND NUTRITION EDUCATION $615,399 Yes 0
66.700 CONSOLIDATED PESTICIDE ENFORCEMENT COOP $586,697 Yes 0
81.U19 DEPARTMENT OF ENERGY $574,654 Yes 0
81.U08 DEPARTMENT OF ENERGY $571,871 Yes 0
12.U16 DEPARTMENT OF DEFENSE $535,239 Yes 0
93.658 TITLE IV-E PROGRAM $526,204 Yes 0
12.U14 DEPARTMENT OF DEFENSE $485,137 Yes 0
12.800 AIR FORCE DEFENSE RESEARCH SCIENCES PROGRAM $483,613 Yes 0
84.149 COLLEGE ASSISTANCE MIGRANT PGM CAMP $477,553 Yes 0
43.U02 NATIONAL AERONAUTICS & SPACE ADMINISTRATION $473,789 Yes 0
84.325 PROJECT RISE: REIMAGINING INTERVENTION $464,768 Yes 0
11.024 NM BUILD TO SCALE PGRM $442,959 Yes 0
15.812 COOPERATIVE RESEARCH UNITS PROGRAM $440,250 Yes 0
84.215 INNOVATIVE APPROACHES TO LITERACY $435,832 Yes 0
93.925 SCHOLARSHIPS FOR DISADVANTAGED STUDENTS $402,151 Yes 0
47.075 SOCIAL, BEHAVIORAL, & ECONOMIC SCIENCES $382,545 Yes 0
15.805 ASSISTANCE TO STATE WATER RESEARCH INSTITUTES $382,072 Yes 0
15.666 ENDANGERED SPECIES CONSERV- WOLF LIVESTOCK LOSS $377,746 Yes 0
15.032 INDIAN ECONOMIC DEVELOPMENT $373,936 Yes 0
93.956 AGRICULTURAL HEALTH AND SAFETY PROGRAM $370,698 Yes 0
10.443 OUTREACH & ASSISTANCE FOR SOCIALLY DISADVANTAGED $369,163 Yes 0
15.945 COOPERATIVE RESEARCH & TRAINING PROGRAM $344,253 Yes 0
10.303 INTERGRATED PROGRAMS $340,470 Yes 0
12.U31 DEPARTMENT OF DEFENSE $334,083 Yes 0
81.U18 DEPARTMENT OF ENERGY $314,034 Yes 0
93.191 GRADUATE PSYCHOLOGY EDUCATION PROGRAM $292,061 Yes 0
11.469 CONGRESSIONALLY IDENTIFIED AWARDS AND PROJ $291,291 Yes 0
59.059 CONGRESSIONAL GRANTS $288,660 Yes 0
84.217 TRIO MCNAIR POST-BACCALAUREATE ACHIEVEMENT $286,421 Yes 0
12.U06 DEPARTMENT OF DEFENSE $275,518 Yes 0
15.247 WILDLIFE RESOURCE MANAGEMENT $268,257 Yes 0
47.U01 NATIONAL SCIENCE FOUNDATION $262,832 Yes 0
84.044 TALENT SEARCH PROGRAM $260,333 Yes 0
12.U04 DEPARTMENT OF DEFENSE $259,569 Yes 0
81.U12 DEPARTMENT OF ENERGY $254,803 Yes 0
10.190 RESILIENT FOOD SYSTEMS INFRASTRUCTURE $253,500 Yes 0
93.958 BLOCK GRANTS FOR COMMUNITY MENTAL HEALTH SERVICES $247,771 Yes 0
84.116 IMPROVEMENT OF POSTSECONDARY EDUCATION $244,411 Yes 0
93.395 CANCER TREATMENT RESEARCH $240,508 Yes 0
81.U15 DEPARTMENT OF ENERGY $232,656 Yes 0
15.664 CLIMATE CHANGE AND BIG GAME RANGE SCIENCE $222,375 Yes 0
10.309 SPECIALTY CROP RESEARCH INITIATIVE $216,909 Yes 0
10.558 HEADSTART CHILD AND ADULT CARE FOOD $215,237 Yes 0
81.122 ELECTRICITY RESEARCH, DEVELOPMENT AND ANALYSIS $211,688 Yes 0
12.U07 DEPARTMENT OF DEFENSE $210,628 Yes 0
81.U16 DEPARTMENT OF ENERGY $202,943 Yes 0
11.804 AMERICAN INDIAN BUSINESS ENTERPRISE $195,396 Yes 0
11.431 CLIMAS AIR QUALITY & CLIMATE ASSE $189,953 Yes 0
66.460 NONPOINT SOURCE IMPLEMENTATION GRANTS $186,207 Yes 0
10.330 THE COMPATIBILITY AND CONTRIBUTION $178,284 Yes 0
59.058 FEDERAL AND STATE TECHNOLOGY PARTNERSHIP $177,246 Yes 0
11.U01 DEPARTMENT OF COMMERCE $167,853 Yes 0
12.U12 DEPARTMENT OF DEFENSE $167,584 Yes 0
20.205 HIGHWAY PLANNING AND CONSTRUCTION $166,517 Yes 0
10.868 RURAL ENERGY FOR AMERICA $161,117 Yes 0
81.123 NNSA MINORITY SERVING INSTITUTION PGM $153,304 Yes 0
81.U21 DEPARTMENT OF ENERGY $149,083 Yes 0
15.514 DROUGHT RESILIENCY PROJECTS $148,294 Yes 0
81.089 FOSSIL ENERGY RESEARCH AND DEVELOPMENT $142,972 Yes 0
81.117 ENERGY EFFICIENCY AND RENEWABLE ENERGY INFORMATION DISSEMINATION $142,425 Yes 0
97.005 STATE AND LOCAL HOMELAND SECURITY TRAINING PGM $137,343 Yes 0
47.074 BIOLOGICAL SCIENCES $130,805 Yes 0
12.U08 DEPARTMENT OF DEFENSE $128,665 Yes 0
10.435 STATE MEDIATION GRANTS $123,810 Yes 0
93.558 TEMPORARY ASSISTANCE FOR NEEDY FAMILIES $116,317 Yes 0
93.853 EXTRAMURAL RESEARCH PGM IN NEUROSCIENCES $114,406 Yes 0
11.307 BUILD RESILIENCE/ENTREP(BRECC) PROJECT $114,142 Yes 0
12.U32 DEPARTMENT OF DEFENSE $111,022 Yes 0
93.391 CDC PARTNER CRISIS RESPONSE $110,693 Yes 0
47.041 ENGINEERING GRANTS $106,521 Yes 0
81.U03 DEPARTMENT OF ENERGY $105,963 Yes 0
20.U03 DEPARTMENT OF TRANSPORTATION $105,295 Yes 0
10.680 FOREST HEALTH PROTECTION $104,250 Yes 0
77.008 US NUCLEAR REGULATORY COMMISSION SCHOL AND FELLOWSHIP PGM $99,846 Yes 0
10.620 SUSTAINABLE FORAGE PRODUCTION SOLUTIONS $99,743 Yes 0
93.667 SOCIAL SERVICES BLOCK GRANT $97,301 Yes 0
10.223 HISPANIC SERVING INSTITUTION GRANTS $96,937 Yes 0
12.006 NATIONAL DEFENSE EDUCATION PROGRAM $96,382 Yes 0
81.U07 DEPARTMENT OF ENERGY $92,934 Yes 0
81.U17 DEPARTMENT OF ENERGY $92,779 Yes 0
81.087 RENEWAL ENERGY RESEARCH & DEVELOPMENT $92,750 Yes 0
81.121 NUCLEAR ENERGY RESEARCH, DEVELOPMENT & DEMONSTRATION $92,482 Yes 0
47.076 EDUCATION & HUMAN RESOURCES $91,854 Yes 0
81.010 ENERGY PROGRAM FOR INNOVATION $86,696 Yes 0
10.905 PLANT MATERIALS FOR CONSERVATION $86,057 Yes 0
15.245 PLANT CONSERVATION AND RESTORATION MANAGEMENT $84,871 Yes 0
12.U15 DEPARTMENT OF DEFENSE $84,612 Yes 0
93.286 DISCOVERY AND APPLIED RESEARCH FOR TECHNOLOGY $83,632 Yes 0
12.300 BASIC & APPLIED SCIENTIFIC RESEARCH $83,473 Yes 0
10.515 RENEWABLE RESOURCES EXTENSION ACT $82,721 Yes 0
15.230 INVASIVE AND NOXIOUS PLANT MANAGEMENT $82,578 Yes 0
12.U25 DEPARTMENT OF DEFENSE $81,448 Yes 0
15.U01 DEPARTMENT OF INTERIOR $78,766 Yes 0
43.U07 NATIONAL AERONAUTICS & SPACE ADMINISTRATION $78,684 Yes 0
10.962 COCHRAN FELLOWSHIP PROGRAM $77,703 Yes 0
45.149 PROMOTION OF THE HUMANITIES $77,259 Yes 0
10.215 SUSTAINABLE AGRICULTURE RESEARCH & EDUCATION $76,644 Yes 0
47.079 INTERNATIONAL SCIENCE AND ENGINEERING $75,369 Yes 0
12.U26 DEPARTMENT OF DEFENSE $70,941 Yes 0
10.229 EXTENSION COLLABORATIVE ON IMMUNIZATION TEACH & ENGAGEMENT $68,552 Yes 0
21.027 COVID-19 CORONAVIRUS STATE & LCL FISCAL RECOVERY FUNDS $67,786 Yes 0
12.U20 DEPARTMENT OF DEFENSE $66,188 Yes 0
81.U11 DEPARTMENT OF ENERGY $65,232 Yes 0
10.250 AGRICULTURAL AND RURAL ECONOMIC RESEARCH $64,750 Yes 0
12.U02 DEPARTMENT OF DEFENSE $64,718 Yes 0
66.802 GOLD KING MINE LONG TERM MONITORING $64,670 Yes 0
81.U22 DEPARTMENT OF ENERGY $62,079 Yes 0
12.U27 DEPARTMENT OF DEFENSE $60,883 Yes 0
15.224 CULTURAL AND PALEONTOLOGICAL RESOURCE MANAGEMENT $60,808 Yes 0
12.U21 DEPARTMENT OF DEFENSE $60,288 Yes 0
12.431 BASIC SCIENTIFIC RESEARCH $59,604 Yes 0
12.U28 DEPARTMENT OF DEFENSE $59,561 Yes 0
47.049 MATHEMATICAL & PHYSICAL SCIENCES $58,541 Yes 0
81.U14 DEPARTMENT OF ENERGY $57,539 Yes 0
47.084 NSF TECHNOLOGY, INNOVATION, AND PARTNERSHIPS $56,158 Yes 0
10.937 EXPANDING A STAR PROGRAM ACROSS COLLEGES $53,146 Yes 0
20.U02 DEPARTMENT OF TRANSPORTATION $49,444 Yes 0
93.137 COMMUNITY PROGRAMS TO IMPROVE MINORITY HEALTH GRANT $48,364 Yes 0
10.U01 DEPARTMENT OF AGRICULTURE $47,628 Yes 0
11.432 NATIONAL OCEANIC AND ATMOSPHERIC COOP $47,577 Yes 0
10.200 GRANTS FOR AGRICULTURAL RESEARCH $45,383 Yes 0
15.U03 DEPARTMENT OF INTERIOR $41,579 Yes 0
10.527 NEW BEGINNINGS FOR TRIBAL STUDENTS $40,052 Yes 0
45.301 MUSEUMS FOR AMERICA $39,327 Yes 0
81.049 OFFICE OF SCIENCE FINANCIAL ASSISTANCE PROGRAM $38,568 Yes 0
81.U01 DEPARTMENT OF ENERGY $38,363 Yes 0
15.963 SOUTHWEST BORDER RESOURCE PROTECTION PROGRAM $37,884 Yes 0
43.U01 NATIONAL AERONAUTICS & SPACE ADMINISTRATION $37,787 Yes 0
81.U23 DEPARTMENT OF ENERGY $37,686 Yes 0
47.070 COMPUTER & INFORMATION SCIENCE & ENGINEERING $37,100 Yes 0
93.U01 DEPARTMENT OF HEALTH & HUMAN SERVICES $36,923 Yes 0
15.237 RANGELAND RESOURCE MANAGEMENT $36,781 Yes 0
10.U04 DEPARTMENT OF AGRICULTURE $36,353 Yes 0
77.008 U.S. NUCLEAR REGULATORY COMMISSION SCHOLARSHIP AND FELLOWSHIP PROGRAM $35,678 Yes 0
10.500 COOPERATIVE EXTENSION SERVICE $35,077 Yes 0
20.215 HIGHWAY TRAINING AND EDUCATION $33,500 Yes 0
81.U09 DEPARTMENT OF ENERGY $30,266 Yes 0
93.434 NAEYC FY24 $29,636 Yes 0
93.121 ORAL DISEASES AND DISORDERS RESEARCH $29,632 Yes 0
10.217 IENDEAVORS:INNOVATIVE ENHANCEMENT $29,149 Yes 0
15.517 FISH AND WILDLIFE COORDINATION ACT $28,686 Yes 0
15.657 ENDAGERED SPECIES RECOVERY IMPLEMENTATION $25,803 Yes 0
43.U06 NATIONAL AERONAUTICS & SPACE ADMINISTRATION $23,505 Yes 0
10.304 HOMELAND SECURITY_AGRICULTURAL $21,497 Yes 0
89.003 NATIONAL HISTORICAL PUBLICATIONS AND RECORDS GRANTS $20,380 Yes 0
81.U10 DEPARTMENT OF ENERGY $19,803 Yes 0
98.001 USAID FOREIGN ASSISTANCE FOR PROGRAMS OVERSEAS $19,780 Yes 0
15.808 US GEOLOGICAL SURVEY $19,318 Yes 0
81.104 ENVIR REMEDIATION & WASTE PROCESSING & DISPOSAL $19,058 Yes 0
12.U05 DEPARTMENT OF DEFENSE $18,948 Yes 0
84.411 EDUCATION INNOVATION AND RESEARCH $18,474 Yes 0
10.310 AGRICULTURE & FOOD RESEARCH INITIATIVE $18,399 Yes 0
12.U19 DEPARTMENT OF DEFENSE $18,342 Yes 0
66.716 EDUCATING NEW MEXICO'S PESTICIDE AP $17,902 Yes 0
12.U11 DEPARTMENT OF DEFENSE $16,137 Yes 0
15.232 JOINT FIRE SCIENCE PROGRAM $14,756 Yes 0
15.922 NATIVE AMERICAN GRAVES PROTECTION AND REPATRIATION ACT $14,369 Yes 0
10.328 NATIONAL FOOD SAFETY TRAINING, EDUCATION $14,088 Yes 0
10.153 MARKET NEWS SERVICE $14,044 Yes 0
10.307 FOSTERING SUSTAINABLE ORGANICCOTTON $14,020 Yes 0
93.350 CCTS - KL2 SCHOLARS PROGRAM $13,239 Yes 0
43.002 AERONATICS COOPERATIVE $13,163 Yes 0
15.647 MIGRATORY BIRD CONSERVATION $12,914 Yes 0
11.620 PREP BOULDER $12,634 Yes 0
81.086 CONSERVATION RESEARCH AND DEVELOPMENT $12,000 Yes 0
10.025 PLANT & ANIMAL DISEASE, PEST CONTROL, & ANIMAL CARE $11,500 Yes 0
12.U09 DEPARTMENT OF DEFENSE $11,324 Yes 0
43.U05 NATIONAL AERONAUTICS & SPACE ADMINISTRATION $10,118 Yes 0
93.643 CHILDREN'S JUSTICE GRANTS TO STATES $10,000 Yes 0
93.283 PUBLIC HEALTH RESPONSE, FORECASTING, AND ANALYTICS $9,649 Yes 0
84.379 TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION $9,380 Yes 0
10.U02 DEPARTMENT OF AGRICULTURE $9,232 Yes 0
10.903 SOIL SURVEY $9,092 Yes 0
43.001 SCIENCE GRANTS $9,063 Yes 0
66.U01 ENVIRONMENTAL PROTECTION AGENCY $9,003 Yes 0
81.U20 DEPARTMENT OF ENERGY $8,961 Yes 0
93.859 BIOMEDICAL RESEARCH & RESEARCH TRAINING $8,158 Yes 0
93.242 A DATA-DRIVEN RECONCEPTUALIZATION $7,820 Yes 0
93.U02 DEPARTMENT OF HEALTH & HUMAN SERVICES $7,603 Yes 0
15.815 NATIONAL LAND REMOTE SENSINGEDUCATION OUTREACH $7,567 Yes 0
93.110 MATERNAL AND CHILD HEALTH $7,280 Yes 0
43.012 SPACE TECHNOLOGY $7,276 Yes 0
12.U22 DEPARTMENT OF DEFENSE $6,880 Yes 0
12.330 STEM EDUCATION, OUTREACH AND WORKFORCE PROGRAM $6,870 Yes 0
11.609 MEASUREMENT AND ENGINEERING RESEARCH $6,818 Yes 0
93.855 ALLERGY, IMMUNOLOGY & TRANSPLANTATION RESEARCH $6,603 Yes 0
10.202 COOPERATIVE FORESTRY RESEARCH $6,400 Yes 0
43.U04 NATIONAL AERONAUTICS & SPACE ADMINISTRATION $5,946 Yes 0
45.024 PROMOTION OF THE ARTS GRANTS TO ORGANIZATIONS $5,778 Yes 0
43.008 EDUCATION $5,500 Yes 0
15.654 COOPERATIVE MARKETING FOR RECREATION ACTIVITIES $5,308 Yes 0
93.398 SOUTHWEST TRANSFORMATIVE EDUCATION $5,000 Yes 0
10.174 DEVELOPING MAPLE SYRUP INDUSTRY $4,744 Yes 0
43.U03 NATIONAL AERONAUTICS & SPACE ADMINISTRATION $4,000 Yes 0
93.959 BLOCK GRANTS FOR TREATMENT OF SUBSTANCE ABUSE $4,000 Yes 0
10.207 ANIMAL HEALTH FEDERAL APPROPRIATION $3,309 Yes 0
81.U05 DEPARTMENT OF ENERGY $3,271 Yes 0
81.005 DEPARTMENT OF ENERGY CEMRC $3,174 Yes 0
11.300 INVESTMENTS FOR PUBLIC WORKS AND ECON DEVELOPMENT $3,007 Yes 0
66.708 POLLUTION PREVENTION GRANTS $2,508 Yes 0
10.311 BEGINNING FARMER AND RANCHER DEVELOPMENT PRO $2,442 Yes 0
45.162 PROMOTION OF THE HUMANITIES TEACHING $2,340 Yes 0
15.634 STATE WILDLIFE GRANTS $2,014 Yes 0
10.329 CROP PROTECTION AND PEST MANAGEMENT $2,000 Yes 0
93.575 TANF ADULT BASIC EDUCATION $1,563 Yes 0
15.560 SECURE WATER ACT $1,255 Yes 0
93.243 SUBSTANCE ABUSE AND MENTAL HEALTH SERVICES $871 Yes 0
10.664 COOPERATIVE FORESTRY ASSISTANCE $810 Yes 0
15.655 MIGRATORY BIRD MONITORING $274 Yes 0
84.048 CARL PERKINS $253 Yes 0
12.U23 DEPARTMENT OF DEFENSE $212 Yes 0
12.U10 DEPARTMENT OF DEFENSE $201 Yes 0
81.U04 DEPARTMENT OF ENERGY $136 Yes 0
10.U03 DEPARTMENT OF AGRICULTURE $123 Yes 0
81.U06 DEPARTMENT OF ENERGY $2 Yes 0
20.219 RECREATIONAL TRAILS PROGRAM $1 Yes 0
15.506 WATER DESALINATION RESEARCH & DEV $0 Yes 0
11.805 MBDA BUSINESS CENTER $0 Yes 0
81.U02 DEPARTMENT OF ENERGY $0 Yes 0
15.611 WILDLIFE RESTORATION AND BASIC HUNTER EDUCATION $-10 Yes 0
15.670 ADAPTIVE SCIENCE $-117 Yes 0
47.083 OFFICE OF INTEGRATIVE ACTIVITIES $-474 Yes 0
20.U01 DEPARTMENT OF TRANSPORTATION $-1,014 Yes 0
10.170 SPECIALTY CROP BLOCK GRANT $-1,127 Yes 0
81.U13 DEPARTMENT OF ENERGY $-1,166 Yes 0
15.U02 DEPARTMENT OF INTERIOR $-1,253 Yes 0
93.988 ADVANCING HEALTH EQUITY $-1,290 Yes 0
12.U30 DEPARTMENT OF DEFENSE $-2,044 Yes 0
12.U24 DEPARTMENT OF DEFENSE $-3,277 Yes 0
10.147 OUTREACH EDUCATION AND TECHNICAL ASSISTANCE $-4,847 Yes 0

Contacts

Name Title Type
J3M5GZAT8N85 Ross Justus Auditee
5756467663 Lisa Todd Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of Federal Awards (the schedule) is prepared on the accrual basis of accounting and includes the federal grant activity of the University under programs of the Federal Government for the year ended June 30, 2025. The information in this schedule is presented in accordance with 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Because the schedule presents only a selected portion of the operations of the University, it is not intended to and does not present the financial position, changes in net position, or cash flows of the University.
The accompanying Schedule of Expenditures of Federal Awards follows the accounting policies presented in Note 2 of the University's Notes to Financial Statements.
Federal Direct Student Loans, ALN # 84.268. During the fiscal year ended June 30, 2025, the University processed $34,217,778 in new loans under the Direct Student Loan Program (which includes Stafford Loans and Parents' Plus Loans).
During the fiscal year ended June 30, 2025, there were no federal funds made available in the form of non-cash assistance.
Federal Perkins Loan Program, ALN #84.038. No additional Perkins loans were awarded for the year ended June 30, 2025, and the outstanding student loan balances under the Federal Perkins Loan Program was $939,307.
New Mexico State University has elected not to use the de minimis indirect cost rate.