Audit 402593

FY End
2025-06-30
Total Expended
$15.42M
Findings
0
Programs
7
Organization: Madonna University (MI)
Year: 2025 Accepted: 2026-05-29

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 FEDERAL DIRECT STUDENT LOANS $11.18M Yes 0
84.063 FEDERAL PELL GRANT PROGRAM $3.55M Yes 0
93.264 NURSE FACULTY LOAN PROGRAM (NFLP) $281,849 Yes 0
84.042 TRIO STUDENT SUPPORT SERVICES $252,573 Yes 0
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $104,224 Yes 0
16.560 NATIONAL INSTITUTE OF JUSTICE RESEARCH, EVALUATION, AND DEVELOPMENT PROJECT GRANTS $46,560 Yes 0
84.033 FEDERAL WORK-STUDY PROGRAM $6,672 Yes 0

Contacts

Name Title Type
UMTMQNPXWHR6 Mathew Rheinecker Auditee
7344325762 Adam Smith Auditor
No contacts on file

Notes to SEFA

The University participates in the Nurse Faculty Loan Program through the Department of Health and Human Services. This loan program is administered by a third party and is considered a revolving loan program where collections received on past loans, including interest, and new funds received from federal agencies are loaned out to current students. The outstanding balance of this loan program at June 30, 2025 is $269,637.
There were no subrecipients during the year ended June 30, 2025.