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            "text": "KENTUCKY STATE UNIVERSITY",
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            "text": "Notes to the Financial Statements, continued",
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            "text": "2. Cash, Cash Equivalents, and Investments, continued",
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            "text": "Concentration of Credit Risk"
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            "text": "Concentration of credit risk is the risk of loss attributed to the magnitude of a government's investment in a single issuer. The University does not have a formal policy for concentration of credit risk."
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            "text": "For an investment, custodial credit risk is the risk that, in the event of the failure of the counterparty, the University will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. The University does not have a formal policy for custodial credit risk."
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            "text": "3. Accounts, Grants and Loan Receivable",
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