Notes to SEFA
The College is responsible for the performance of certain administrative duties with respect to the Federal Direct Loan Program (Federal Stafford, Federal Parents Loans for Undergraduate Students and Unsubsidized Federal Stafford Loans). These loan programs collectively are Assistance Listing #84.268. It is not practical to determine the balance of loans outstanding to students and former students of the College under these generally guaranteed loan programs at June 30, 2025.
The loan program noted above is administered directly by the College and balances and transactions relating to these programs are included in the College’s financial statements. The amount of Federal Perkins Loans outstanding at June 30, 2025, totaled $17,174. Loans outstanding at the beginning of the year are included in the federal expenditures presented in the Schedule.
The Institution is in compliance with the following institutional and program eligibility requirements under the Higher Education Act of 1965 and Federal regulations under 34 CFR 668.23: • Correspondence courses the institution offers under 34 CFR 600.7(b) and (g) • Regular students that enroll in correspondence courses under 34 CFR 600.7(b) and (g) • Institution’s regular students that are incarcerated under 34 CFR 600.7(c) and (g) • Completion rates for confined or incarcerated individuals enrolled in non-degree programs at nonprofit institutions under 34 CFR 600.7(c)(3)(ii) and (g) • Institution’s regular students that lack a high school diploma or its equivalent under 34 CFR 600.7(d) and (g) • Completion rates for short-term programs under 34 CFR 668.8(f) and (g) • Placement rates for short-term programs under https://www.ecfr.gov/current/title- 34/subtitle-B/chapter-VI/part-668/subpart-A/section-668.8 34 CFR 668.8(e)(2)