Notes to SEFA
The federal loan program listed subsequently is administered directly by the Institute and balances and transactions relating to this program is included in the Institute’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 balance of loans outstanding at June 30, 2025 consists of: Federal Perkins Loan Program 84.038 $ 275,803
The Institute provided no federal awards to subrecipients.