Notes to SEFA
The accompanying consolidated Schedule of Expenditures of Federal Awards (the “Schedule”) summarizes the expenditures of Dickinson College (the “College”) under programs of the federal government for the year ended June 30, 2025. The information presented in the Schedule is presented on the accrual basis of accounting, which is in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the “Uniform Guidance”). Because the Schedule presents only the federal award activity of the College, it is not intended to and does not present the financial position, changes in net assets and cash flows of the College. Assistance listing numbers and pass-through numbers are provided when available.
The Federal Perkins Loan Program (the “Program”) listed subsequently is administered directly by the College and balances and transactions relating to the Program are included in the College's basic consolidated financial statements. Loans outstanding at the beginning of the year are included in the federal expenditures presented in the Schedule. The balance of loans outstanding at June 30, 2025 is: SEE FINANCIAL STATEMENTS FOR TABLE.