FAC Explorer

Audit 391450

FY End
2025-06-30
Total Expended
$4.25M
Findings
0
Programs
5
Organization: Salem Academy and College (NC)
Year: 2025 Accepted: 2026-03-11
Auditor: BROWN EDWARDS AND COMPANY LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 FEDERAL DIRECT STUDENT LOANS $2.35M Yes 0
84.063 FEDERAL PELL GRANT PROGRAM $1.68M Yes 0
43.008 OFFICE OF STEM ENGAGEMENT (OSTEM) $133,215 Yes 0
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $46,592 Yes 0
84.033 FEDERAL WORK-STUDY PROGRAM $44,487 Yes 0

Contacts

Name Title Type
MJEQCK9FLF61 Scott Morin Auditee
3369175743 John Hash Auditor
No contacts on file

Notes to SEFA

The College is responsible only for the performance of 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 practicable to determine the balance of loans outstanding to students and former students of the College under these programs as of June 30, 2025.