Notes to SEFA
The University administers the following Federal loan programs: AL # Loans Extended for the Year Ended 6/30/2025 Outstanding Principal Balance at 6/30/2025 Perkins Loan Program 84.038 $ 2,780 Nursing Faculty Loan Program 93.264 $ 376,340 The University is no longer participating in the Perkins Loan Program and did not have any related expenses incurred during the 2025 or 2024 fiscal years.
During the fiscal year ended June 30, 2025, the University processed the following amount of new loans under the Federal Direct Stafford Student Loan programs (which includes Stafford Loans and Parents’ Loans for Undergraduate Students): AL # Value of Loans Stafford Loans (Direct) 84.268 $50,666,992 Parent Loans for Undergraduate Students (PLUS) $12,572,538