Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal award activity of AMDA, Inc. under programs of the federal government for the year ended June 30, 2025. The information in this Schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”). Because the Schedule presents only a selected portion of the operations of AMDA, Inc., it is not intended to and does not present the consolidated financial position, changes in net assets or cash flows of AMDA, Inc.
Nonmonetary assistance is reported in the Schedule based on the amount disbursed or received. AMDA, Inc. received no nonmonetary assistance for the year ended June 30, 2025.
AMDA, Inc. participates in the Federal Direct Student Loans Program (FALN 84.268), which includes Direct PLUS Loans, Direct Subsidized Loans and Direct Unsubsidized Loans for undergraduate students.
AMDA, Inc. expended $256,246 for its Federal Work-Study Program (FALN 84.033) for the year ended June 30, 2025.