Notes to SEFA
During the year ended December 31, 2025, the College processed $5,104,198 in new loans (which includes the Stafford and GradPlus Loans) under the Federal Direct Student Loans Program (Assistance Listing No. 84.268). New loans made in the year ended December 31, 2025 relating to this program are considered current period federal expenditures, whereas the outstanding balances are not. The new loans made in the year ended December 31, 2025 are reported in the Schedule.