Notes to SEFA
The federal loan programs listed subsequently are administered directly by Adrian College, and balances and transactions relating to these programs are included in Adrian College’s 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 balance of loans outstanding at June 30, 2025, consists of: CDFA 10.766, Community Facilities and Loans Grants, $37,224,760.
Of the federal expenditures presented in this Schedule, Adrian College provided no federal awards to subrecipients.