Notes to SEFA
The federal student loan programs listed subsequently are administered directly by the University, and balances and transactions relating to these programs are included in the University’s basic financial statements. Loans outstanding at the beginning of the year and loans made during the year are included in the federal expenditures presented in the Schedule. The University did not make any new loans during 2025. The balance of loans outstanding at June 30, 2025 consists of: See the Notes to the SEFA for chart/table
Federally-guaranteed loans issued to students of the University during the year ended June 30, 2025 are summarized as follows: See the Notes to the SEFA for chart/table The University is only responsible for the performance of certain administrative duties with respect to federally-guaranteed student loan programs and, accordingly, balances and transactions relating to these loan programs are not included in the University’s general purpose financial statements. It is not practical to determine the balance of loans outstanding to students and former students of the University as of June 30, 2025.
The Student Financial Assistance Administrative Cost Allowances for the year ended June 30, 2025 are as follows: See the Notes to the SEFA for chart/table