A Performance Audit
Audit Request - Closeout Procedures for the Federal Perkins Loan Program at the University of North Texas
July 2025
Overview
The University of North Texas (University) ended its participation in the Federal Perkins Loan Program (Perkins Program) during fiscal year 2025. The U.S. Department of Education (Department) requires institutions to obtain a closeout audit when an institution liquidates its Perkins Program loans.
The State Auditor's Office determined that the University performed the required closeout procedures for its loan assignment and liquidation of the Perkins Program.