Notes to SEFA
The federal loan programs listed subsequently are administered directly by Bethel University, and balances and transactions relating to these programs are included in Bethel 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 balance of loans outstanding at June 30, 2025, consists of: CFDA 84.038, Federal Perkins Loan Program, $192,041; CFDA 93.264, Nursing Loan Program, $145,485.
Of the federal expenditures presented in this schedule, Bethel University provided no federal awards to subrecipients.