Notes to SEFA
The following is a summary of loans made during the years then ended: In fiscal year 2007-2008, the College was approved to engage in the Federal Direct Student Lending program. The Department of Education acts as the lender, providing funds for Stafford Loans and Parent Loans for Undergraduate Students (PLUS) loans in similar fashion to the Federal Family Education Loans (FFEL) program. FFEL include loans made under the Stafford and PLUS loan programs. No FFEL loans were awarded in fiscal years 2024-2025 or 2023-2024.