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    <ReturnTs>2017-02-09T10:04:25-05:00</ReturnTs>
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      <SignatureDt>2016-01-17</SignatureDt>
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    <TaxYr>2015</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
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            <AddressLine1Txt>444 North Wabash Ave</AddressLine1Txt>
            <CityNm>Chicago</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60611</ZIPCd>
          </USAddress>
        </ContractorAddress>
        <ServicesDesc>Advertising</ServicesDesc>
        <CompensationAmt>595800</CompensationAmt>
      </ContractorCompensationGrp>
      <ContractorCompensationGrp>
        <ContractorName>
          <PersonNm>Targetx</PersonNm>
        </ContractorName>
        <ContractorAddress>
          <USAddress>
            <AddressLine1Txt>PO Box 419202</AddressLine1Txt>
            <CityNm>Boston</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02241</ZIPCd>
          </USAddress>
        </ContractorAddress>
        <ServicesDesc>Training &amp; License</ServicesDesc>
        <CompensationAmt>124125</CompensationAmt>
      </ContractorCompensationGrp>
      <ContractorCompensationGrp>
        <ContractorName>
          <PersonNm>Starkey Printing</PersonNm>
        </ContractorName>
        <ContractorAddress>
          <USAddress>
            <AddressLine1Txt>2710 E 30th St</AddressLine1Txt>
            <CityNm>Chattanooga</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37407</ZIPCd>
          </USAddress>
        </ContractorAddress>
        <ServicesDesc>Printing</ServicesDesc>
        <CompensationAmt>100606</CompensationAmt>
      </ContractorCompensationGrp>
      <CntrctRcvdGreaterThan100KCnt>4</CntrctRcvdGreaterThan100KCnt>
      <FederatedCampaignsAmt>7739850</FederatedCampaignsAmt>
      <TotalContributionsAmt>7739850</TotalContributionsAmt>
      <ProgramServiceRevenueGrp>
        <Desc>Tuition &amp; Fees</Desc>
        <BusinessCd>611710</BusinessCd>
        <TotalRevenueColumnAmt>18432073</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>18432073</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>Auxiliary Income</Desc>
        <BusinessCd>611600</BusinessCd>
        <TotalRevenueColumnAmt>3451921</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>3451921</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>Misc Activity Income</Desc>
        <BusinessCd>900099</BusinessCd>
        <TotalRevenueColumnAmt>545811</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>545811</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <TotalProgramServiceRevenueAmt>22429805</TotalProgramServiceRevenueAmt>
      <InvestmentIncomeGrp>
        <TotalRevenueColumnAmt>147993</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>147993</RelatedOrExemptFuncIncomeAmt>
      </InvestmentIncomeGrp>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>30317648</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>22577798</RelatedOrExemptFuncIncomeAmt>
        <UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
        <ExclusionAmt>0</ExclusionAmt>
      </TotalRevenueGrp>
      <GrantsToDomesticIndividualsGrp>
        <TotalAmt>7731626</TotalAmt>
        <ProgramServicesAmt>7731626</ProgramServicesAmt>
      </GrantsToDomesticIndividualsGrp>
      <CompCurrentOfcrDirectorsGrp>
        <TotalAmt>581154</TotalAmt>
        <ProgramServicesAmt>181430</ProgramServicesAmt>
        <ManagementAndGeneralAmt>374724</ManagementAndGeneralAmt>
        <FundraisingAmt>25000</FundraisingAmt>
      </CompCurrentOfcrDirectorsGrp>
      <OtherSalariesAndWagesGrp>
        <TotalAmt>7542740</TotalAmt>
        <ProgramServicesAmt>6886147</ProgramServicesAmt>
        <ManagementAndGeneralAmt>541126</ManagementAndGeneralAmt>
        <FundraisingAmt>115467</FundraisingAmt>
      </OtherSalariesAndWagesGrp>
      <OtherEmployeeBenefitsGrp>
        <TotalAmt>1111914</TotalAmt>
        <ProgramServicesAmt>964354</ProgramServicesAmt>
        <ManagementAndGeneralAmt>124858</ManagementAndGeneralAmt>
        <FundraisingAmt>22702</FundraisingAmt>
      </OtherEmployeeBenefitsGrp>
      <PayrollTaxesGrp>
        <TotalAmt>563502</TotalAmt>
        <ProgramServicesAmt>482694</ProgramServicesAmt>
        <ManagementAndGeneralAmt>70062</ManagementAndGeneralAmt>
        <FundraisingAmt>10746</FundraisingAmt>
      </PayrollTaxesGrp>
      <FeesForServicesLegalGrp>
        <TotalAmt>87988</TotalAmt>
        <ProgramServicesAmt>87988</ProgramServicesAmt>
      </FeesForServicesLegalGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>43227</TotalAmt>
        <ProgramServicesAmt>10000</ProgramServicesAmt>
        <ManagementAndGeneralAmt>33227</ManagementAndGeneralAmt>
      </FeesForServicesAccountingGrp>
      <FeesForSrvcInvstMgmntFeesGrp>
        <TotalAmt>56492</TotalAmt>
        <ProgramServicesAmt>56492</ProgramServicesAmt>
      </FeesForSrvcInvstMgmntFeesGrp>
      <AdvertisingGrp>
        <TotalAmt>740525</TotalAmt>
        <ProgramServicesAmt>740525</ProgramServicesAmt>
      </AdvertisingGrp>
      <InformationTechnologyGrp>
        <TotalAmt>214715</TotalAmt>
        <ProgramServicesAmt>163183</ProgramServicesAmt>
        <ManagementAndGeneralAmt>38649</ManagementAndGeneralAmt>
        <FundraisingAmt>12883</FundraisingAmt>
      </InformationTechnologyGrp>
      <OccupancyGrp>
        <TotalAmt>1347568</TotalAmt>
        <ProgramServicesAmt>1145771</ProgramServicesAmt>
        <ManagementAndGeneralAmt>169499</ManagementAndGeneralAmt>
        <FundraisingAmt>32298</FundraisingAmt>
      </OccupancyGrp>
      <TravelGrp>
        <TotalAmt>492765</TotalAmt>
        <ProgramServicesAmt>475607</ProgramServicesAmt>
        <ManagementAndGeneralAmt>7263</ManagementAndGeneralAmt>
        <FundraisingAmt>9895</FundraisingAmt>
      </TravelGrp>
      <InterestGrp>
        <TotalAmt>420147</TotalAmt>
        <ProgramServicesAmt>363387</ProgramServicesAmt>
        <ManagementAndGeneralAmt>47651</ManagementAndGeneralAmt>
        <FundraisingAmt>9109</FundraisingAmt>
      </InterestGrp>
      <DepreciationDepletionGrp>
        <TotalAmt>627126</TotalAmt>
        <ProgramServicesAmt>555231</ProgramServicesAmt>
        <ManagementAndGeneralAmt>37630</ManagementAndGeneralAmt>
        <FundraisingAmt>34265</FundraisingAmt>
      </DepreciationDepletionGrp>
      <InsuranceGrp>
        <TotalAmt>187760</TotalAmt>
        <ProgramServicesAmt>168468</ProgramServicesAmt>
        <ManagementAndGeneralAmt>19292</ManagementAndGeneralAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>Food Service</Desc>
        <TotalAmt>1005205</TotalAmt>
        <ProgramServicesAmt>1005205</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>Contract Services</Desc>
        <TotalAmt>711335</TotalAmt>
        <ProgramServicesAmt>390045</ProgramServicesAmt>
        <ManagementAndGeneralAmt>286290</ManagementAndGeneralAmt>
        <FundraisingAmt>35000</FundraisingAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>Supplies</Desc>
        <TotalAmt>564566</TotalAmt>
        <ProgramServicesAmt>458629</ProgramServicesAmt>
        <ManagementAndGeneralAmt>66267</ManagementAndGeneralAmt>
        <FundraisingAmt>39670</FundraisingAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>Equipment</Desc>
        <TotalAmt>268160</TotalAmt>
        <ProgramServicesAmt>93821</ProgramServicesAmt>
        <ManagementAndGeneralAmt>174339</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>1057514</TotalAmt>
        <ProgramServicesAmt>928009</ProgramServicesAmt>
        <ManagementAndGeneralAmt>124051</ManagementAndGeneralAmt>
        <FundraisingAmt>5454</FundraisingAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>25356029</TotalAmt>
        <ProgramServicesAmt>22888612</ProgramServicesAmt>
        <ManagementAndGeneralAmt>2114928</ManagementAndGeneralAmt>
        <FundraisingAmt>352489</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>9106</BOYAmt>
        <EOYAmt>8753</EOYAmt>
      </CashNonInterestBearingGrp>
      <SavingsAndTempCashInvstGrp>
        <BOYAmt>2359055</BOYAmt>
        <EOYAmt>2240812</EOYAmt>
      </SavingsAndTempCashInvstGrp>
      <AccountsReceivableGrp>
        <BOYAmt>162080</BOYAmt>
        <EOYAmt>173278</EOYAmt>
      </AccountsReceivableGrp>
      <OthNotesLoansReceivableNetGrp>
        <BOYAmt>1006270</BOYAmt>
        <EOYAmt>1023852</EOYAmt>
      </OthNotesLoansReceivableNetGrp>
      <InventoriesForSaleOrUseGrp>
        <BOYAmt>36719</BOYAmt>
        <EOYAmt>26798</EOYAmt>
      </InventoriesForSaleOrUseGrp>
      <PrepaidExpensesDefrdChargesGrp>
        <EOYAmt>11344</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>45248671</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>15902758</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>22875954</BOYAmt>
        <EOYAmt>29345913</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <InvestmentsPubTradedSecGrp>
        <BOYAmt>6961669</BOYAmt>
        <EOYAmt>5771929</EOYAmt>
      </InvestmentsPubTradedSecGrp>
      <OtherAssetsTotalGrp>
        <BOYAmt>31906</BOYAmt>
        <EOYAmt>21000</EOYAmt>
      </OtherAssetsTotalGrp>
      <TotalAssetsGrp>
        <BOYAmt>33442759</BOYAmt>
        <EOYAmt>38623679</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>462043</BOYAmt>
        <EOYAmt>712758</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <DeferredRevenueGrp>
        <BOYAmt>523830</BOYAmt>
        <EOYAmt>293095</EOYAmt>
      </DeferredRevenueGrp>
      <MortgNotesPyblScrdInvstPropGrp>
        <BOYAmt>8268647</BOYAmt>
        <EOYAmt>8568107</EOYAmt>
      </MortgNotesPyblScrdInvstPropGrp>
      <OtherLiabilitiesGrp>
        <BOYAmt>2304371</BOYAmt>
        <EOYAmt>2204232</EOYAmt>
      </OtherLiabilitiesGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>11558891</BOYAmt>
        <EOYAmt>11778192</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
      <UnrestrictedNetAssetsGrp>
        <BOYAmt>14856881</BOYAmt>
        <EOYAmt>19807352</EOYAmt>
      </UnrestrictedNetAssetsGrp>
      <TemporarilyRstrNetAssetsGrp>
        <BOYAmt>1125856</BOYAmt>
        <EOYAmt>1105724</EOYAmt>
      </TemporarilyRstrNetAssetsGrp>
      <PermanentlyRstrNetAssetsGrp>
        <BOYAmt>5901131</BOYAmt>
        <EOYAmt>5932411</EOYAmt>
      </PermanentlyRstrNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>21883868</BOYAmt>
        <EOYAmt>26845487</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>33442759</BOYAmt>
        <EOYAmt>38623679</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>4961619</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>true</FederalGrantAuditRequiredInd>
      <FederalGrantAuditPerformedInd>true</FederalGrantAuditPerformedInd>
    </IRS990>
    <IRS990ScheduleA documentId="990A">
      <SchoolInd>X</SchoolInd>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="990B">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="990D">
      <CYEndwmtFundGrp>
        <BeginningYearBalanceAmt>6318952</BeginningYearBalanceAmt>
        <ContributionsAmt>31280</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>-53980</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>163243</GrantsOrScholarshipsAmt>
        <EndYearBalanceAmt>6133009</EndYearBalanceAmt>
      </CYEndwmtFundGrp>
      <CYMinus1YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>6276846</BeginningYearBalanceAmt>
        <ContributionsAmt>53050</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>144259</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>155203</GrantsOrScholarshipsAmt>
        <EndYearBalanceAmt>6318952</EndYearBalanceAmt>
      </CYMinus1YrEndwmtFundGrp>
      <CYMinus2YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>5809140</BeginningYearBalanceAmt>
        <ContributionsAmt>58310</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>683517</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>274121</GrantsOrScholarshipsAmt>
        <EndYearBalanceAmt>6276846</EndYearBalanceAmt>
      </CYMinus2YrEndwmtFundGrp>
      <CYMinus3YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>5565008</BeginningYearBalanceAmt>
        <ContributionsAmt>26426</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>361163</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>143457</GrantsOrScholarshipsAmt>
        <EndYearBalanceAmt>5809140</EndYearBalanceAmt>
      </CYMinus3YrEndwmtFundGrp>
      <CYMinus4YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>5707917</BeginningYearBalanceAmt>
        <ContributionsAmt>83396</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>-116388</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>109917</GrantsOrScholarshipsAmt>
        <EndYearBalanceAmt>5565008</EndYearBalanceAmt>
      </CYMinus4YrEndwmtFundGrp>
      <BoardDesignatedBalanceEOYPct>0.16610</BoardDesignatedBalanceEOYPct>
      <PrmnntEndowmentBalanceEOYPct>0.83390</PrmnntEndowmentBalanceEOYPct>
      <EndowmentsHeldUnrelatedOrgInd>false</EndowmentsHeldUnrelatedOrgInd>
      <EndowmentsHeldRelatedOrgInd>false</EndowmentsHeldRelatedOrgInd>
      <LandGrp>
        <OtherCostOrOtherBasisAmt>4144063</OtherCostOrOtherBasisAmt>
        <BookValueAmt>4144063</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>36786856</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>11863397</DepreciationAmt>
        <BookValueAmt>24923459</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>4317752</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>4039361</DepreciationAmt>
        <BookValueAmt>278391</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>29345913</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>Deposits</Desc>
        <Amt>77118</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>Funds held in custody</Desc>
        <Amt>117892</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>Pension liability payable</Desc>
        <Amt>10416</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>Annuity liability payable</Desc>
        <Amt>382852</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>Interest rate swap agreement</Desc>
        <Amt>412834</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>Advances from federal government</Desc>
        <Amt>1203120</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>2204232</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>30398184</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>141162</NetUnrealizedGainsInvstAmt>
      <RevenueNotReportedAmt>141162</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>30257022</RevenueSubtotalAmt>
      <OtherRevenuesNotIncludedAmt>60626</OtherRevenuesNotIncludedAmt>
      <RevenueNotReportedFinclStmtAmt>60626</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>30317648</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>25356029</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>25356029</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>25356029</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Other revenues included on Form 990 (Part XI, line 4b)</FormAndLineReferenceDesc>
        <ExplanationTxt>Unrealized gain on interest rate swap agreements.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="990E">
      <NondiscriminatoryPolicyStmtInd>true</NondiscriminatoryPolicyStmtInd>
      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>false</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>true</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>true</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>true</MaintainCpyOfBrochuresEtcInd>
      <MaintainCpyOfAllSolInd>true</MaintainCpyOfAllSolInd>
      <DiscriminateRaceStdntsRghtsInd>false</DiscriminateRaceStdntsRghtsInd>
      <DiscriminateRaceAdmissPlcyInd>false</DiscriminateRaceAdmissPlcyInd>
      <DiscriminateRaceEmplmFcultyInd>false</DiscriminateRaceEmplmFcultyInd>
      <DiscriminateRaceSchsInd>false</DiscriminateRaceSchsInd>
      <DiscriminateRaceEducPlcyInd>false</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>false</DiscriminateRaceUseOfFcltsInd>
      <DiscriminateRaceAthltProgInd>false</DiscriminateRaceAthltProgInd>
      <DiscriminateRaceOtherActyInd>false</DiscriminateRaceOtherActyInd>
      <GovernmentFinancialAidRcvdInd>true</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>false</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>true</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governmental Agency Financial Aid (Questions 6a and 6b)</FormAndLineReferenceDesc>
        <ExplanationTxt>The college receives assistance from the following federal programs: Federal Supplemental Educational Opportunity Grant, Federal Work Study, Federal Perkins Loan Program, Federal Pell Grant Program, Federal Direct Loan Program and Federal Teach Grant Program.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Description of nondiscriminatory policy (Question 3)</FormAndLineReferenceDesc>
        <ExplanationTxt>It is placed in the Chattanooga, TN paper annually.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleE>
    <IRS990ScheduleI documentId="990I">
      <GrantRecordsMaintainedInd>true</GrantRecordsMaintainedInd>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>Scholarship Allowances to Students</GrantTypeTxt>
        <RecipientCnt>1163</RecipientCnt>
        <NonCashAssistanceAmt>7731626</NonCashAssistanceAmt>
        <ValuationMethodUsedDesc>FMV</ValuationMethodUsedDesc>
        <NonCashAssistanceDesc>Tuition Credit</NonCashAssistanceDesc>
      </GrantsOtherAsstToIndivInUSGrp>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="990J">
      <HousingAllowanceOrResidenceInd>X</HousingAllowanceOrResidenceInd>
      <WrittenPolicyRefTAndEExpnssInd>true</WrittenPolicyRefTAndEExpnssInd>
      <SubstantiationRequiredInd>false</SubstantiationRequiredInd>
      <CompensationCommitteeInd>X</CompensationCommitteeInd>
      <Form990OfOtherOrganizationsInd>X</Form990OfOtherOrganizationsInd>
      <CompensationSurveyInd>X</CompensationSurveyInd>
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <CompBasedOnRevenueOfFlngOrgInd>false</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>false</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>false</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>false</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>false</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>false</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Stephen Livesay</PersonNm>
        <TitleTxt>President</TitleTxt>
        <BaseCompensationFilingOrgAmt>225000</BaseCompensationFilingOrgAmt>
        <BonusFilingOrganizationAmount>48474</BonusFilingOrganizationAmount>
        <NontaxableBenefitsFilingOrgAmt>35036</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>308510</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleL documentId="990L">
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <PersonNm>Corinne Livesay</PersonNm>
        </NameOfInterested>
        <RelationshipDescriptionTxt>Wife of President</RelationshipDescriptionTxt>
        <TransactionAmt>4900</TransactionAmt>
        <TransactionDesc>Salary - Adjunct teaching</TransactionDesc>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="990O">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 governing body review Part VI line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>Return is provided to all trustees requesting their review and comments prior to completion and submittal of the Return.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Conflict of interest policy compliance Part VI line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>Trustees, officers, directors and key employees are required annually to complete a conflict of interest statement in accordance with the Conflict of Interest Policy.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>CEO executive director top management comp Part VI line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>An independent Compensation Committee of the trustee board makes the decision. Comparability information includes information provided by the Council of Christian Colleges &amp; Universities.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing documents etc available to public Part VI line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>990 form is listed on Guidestars website and the governing documents, audited financials and conflict of interest policy are available to anyone who requests them.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>