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…to pay cycle timing at June 30.
In FY 2018, WSU recorded a new liability as the Federal government winds down the Perkins loan
program. This new liability of $7.5 million reflects the amount of student loan funds the Federal
government gave WSU to lend to students. As students pay back their Perkins loans, WSU will repay the
Federal government their…
https://www.wichita.edu/_archive/services/controller/Accounting/_documents/afr_18.pdf