2012-11-07T16:39:23-06:00 2012-06-30 810385940 ANDERSON ZURMUEHLEN & CO PC PO BOX 1040 HELENA MT 59624 990 2011-07-01 810527529 STUDENT ASSISTANCE FOUNDATION OF MONTANA STUD 4064957800 2500 BROADWAY HELENA MT 59601 JAMES STIPCICH 4064957800 2012-11-01 1 SUZANNE M SEVERIN P00254608 4064421040 2012-10-30 2011 2016-02-24 21:20:13Z JAMES STIPCICH 2500 BROADWAY HELENA MT 59601 18166556 0 X WWW.SAFMT.ORG X 1999 MT TO PROVIDE MONTANAN'S THE KNOWLEDGE AND TOOLS TO FINANCE AND PURSUE POST-SECONDARY EDUCATION. 9 9 173 291 575733 -160679 459093 401654 20638624 17652646 14536 93606 -604 -11650 21111649 18136256 1518572 1650498 0 0 10678142 9817499 0 0 56516 9552888 6930696 21749602 18398693 -637953 -262437 211777797 13791458 208622936 10899034 3154861 2892424 X SAF'S PUBLIC BENEFIT ACTIVITIES ARE DESIGNED TO HELP MORE MONTANA STUDENTS ACCESS AND SUCCEED IN HIGHER EDUCATION. SAF CARRIES OUT ITS MISSION THROUGH A COMBINATION OF OUTREACH, PROGRAMS, GRANTS AND SCHOLARSHIPS, AND ELECTRONIC SERVICES. 0 0 11009334 12660737 PROVIDE STUDENT LOAN SERVICING AND MANAGEMENT SERVICES TO MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION (MHESAC). 1667559 2083623 PROVIDE STUDENT LOAN SERVICING TO MSLF. 1250761 1250761 PROVIDE FUNDING TO HELP STUDENTS OVERCOME TEMPORARY FINANCIAL BARRIERS TO CONTINUING THEIR EDUCATION. ACCESS GRANTS ARE AWARDED TO STUDENTS THROUGH THE FINANCIAL AID OFFICES OF MONTANA COLLEGES AND UNIVERSITIES. THE CRITERIA ARE ESTABLISHED BY EACH FINANCIAL AID OFFICE TO BEST MEET THE NEEDS OF STUDENTS. 1076018 399737 510304 COMMUNITY OUTREACH PROGRAMS FOCUS ON CONNECTING HIGH SCHOOL AND COLLEGE STUDENTS TO RESOURCES NECESSARY FOR THE PURSUIT OF POSTSECONDARY EDUCATION. 714085 PROVIDE OUTREACH AND SUPPORT TO STUDENTS THROUGH CAMPUS OFFICES. 2482171 1829949 OTHER LOAN SERVICES. 4272274 399737 2340253 18199928 1 1 0 1 0 0 0 0 0 1 1 0 1 1 1 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 1 1 1 0 0 1 87672 0 1 173 1 1 1 0 0 0 0 1 1 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CT FL IL KS KY ME MD MA MI MN MS NH NJ NM NY NC OK OR RI UT VI WV WI X X DJ WHITAKER 4064957800 2500 BROADWAY HELENA MT 59601 X JIM BELL 3.00 X 2400 2400 0 KIM CUNNINGHAM 1.00 X 2400 0 0 ED JASMIN 1.00 X 4800 2400 0 RUSS RITTER 1.00 X 2400 0 0 LILA TAYLOR 1.00 X 2400 1300 0 ROYAL JOHNSON 1.00 X 2400 0 0 ROD SUNDSTED 1.00 X 4800 0 0 ROB BARNOSKY 1.00 X 2400 0 0 RON SEXTON 1.00 X 1800 0 0 JAMES A STIPCICH 41.00 X 226115 12491 28864 JANET RIIS 1.00 X 0 0 0 SCOTT TODOROVICH 41.00 X 156909 248 25632 JOLENE SELBY 44.00 X 169399 1402 23634 DON OLIVER 22.00 X 0 173420 18036 KELLY CRESSWELL 43.00 X 146132 0 19703 SIMON POOLE 32.00 X 126640 32717 25298 850995 226378 141167 5 0 1 0 DORSEY & WHITNEY LLP PO BOX 1680 INDIANAPOLIS MN 55480 LEGAL SERVICES 238956 ANDERSON ZURMUEHLEN & CO PC PO BOX 1040 HELENA MT 59624 AUDIT AND CONSULTING 172398 SALLIE MAE SERVICING CORP PO BOX 66445 INDIANAPOLIS IN 46266 LOAN SERVICING 100185 3 44345 357309 401654 MANAGEMENT AND SERVICI 525990 12660737 12660737 INTEREST ON LOANS 525990 2083623 2083623 LOAN SERVICING FEE INC 525990 1829949 1829949 LOAN SERVICING FEE INC 525990 571883 571883 OTHER PROGRAM REVENUE 525990 506454 506454 17652646 93456 93456 3850 0 3850 3850 3850 150 0 150 150 150 14800 44345 30300 -15500 -15500 18136256 17080763 575733 78106 1468261 1468261 182237 182237 901356 857263 29228 14865 6755322 6658289 88235 8798 401588 394548 5620 1420 1230139 1227075 1598 1466 529094 521006 6457 1631 179996 179996 178593 178593 189493 189493 203442 203240 202 986888 976891 9997 586755 586755 198124 198124 169915 169915 15619 15619 464274 464274 560865 560865 96154 81689 14465 CONTRACT SERVICING FEES 1592581 1592581 CONSOLIDATION REBATE FE 752878 752878 PROGRAM AND LIQUIDITY F 402275 402275 BANK CHARGES 112127 112127 240717 241553 -18973 18137 18398693 18199928 142249 56516 800 770 7790326 3443455 499910 895110 2426342 113 299425 384159 10096410 4792785 5169828 5303625 543902 546918 194431922 769993 615342 2447315 211777797 13791458 2450034 2487420 1302700 1337695 200360786 5003228 149126 88266 4360290 1982425 208622936 10899034 X 3135080 2842969 19781 49455 3154861 2892424 211777797 13791458 -262437 0 X X 0 1 1 X 0 X X X 0 0 0 MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION 810393527 9 1 0 BOARD OF REGENTS OF THE MONTANA UNIVERSITY SYSTEM 521528682 6 1 0 2 0 SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: PART I LINE 11(VII) SUPPORT: STUDENT ASSISTANCE FOUNDATION IS A SUPPORTING ORGANIZATION ORGANIZED TO PROVIDE MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION (MHESAC),A 501(C)(3)ORGANIZATION, WITH ALL THE NECESSARY MANAGEMENT AND ADMINISTRATIVE SERVICES REQUIRED TO OPERATE MHESAC'S STUDENT LOAN PROGRAM,PERFORM ALL THE RESPONSIBILITIES UNDER THE INDENTURES, AND TO SERVICE ALL STUDENT LOANS OWNED BY MHESAC. THE BOARD OF REGENTS CONTROLS THE MONTANA UNIVERSITY SYSTEM WHOSE MEMBER SCHOOLS ARE THE LARGEST RECIPIENT OF SAF'S GRANT PROGRAMS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 0 0 0 0 1 6089 0 1 2875 8964 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: PORTION OF NONDEDUCTIBLE DUES PAID TO EDUCATION FINANCE COUNCIL THAT WERE ATTRIBUTABLE TO LOBBYING ACTIVITIES. STUDENT ASSISTANCE FOUNDATION IS NOT INVOLVED IN THE MANAGEMENT OF, CONTROLLED BY OR RELATED TO THE EDUCATION FINANCE COUNCIL. 184891 277240 1617 463748 122825 60000 2066 184891 60567 60500 1758 122825 60000 567 60567 1.00000 0.00000 0.00000 0 0 1456000 285000 1741000 3863894 1718676 2145218 4053853 3074109 979744 437663 437663 5303625 EDUCATIONAL LOANS RECEIVABLE 18216 C INVESTMENT IN TRUSTUDENT 751777 C 769993 ENDOWMENT INTEREST RECEIVABLE 10 RECEIVABLE RELATED ENTITY 2447305 2447315 FUNDS HELD FOR LOAN SERVICING 1982425 1982425 18136256 18398693 -262437 -262437 18356294 8860 211178 220038 18136256 0 18136256 19996026 8860 1588473 1597333 18398693 0 18398693 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: FUNDS TO BE USED FOR PROGRAMS. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENDITURES FOR SPECIAL EVENTS NETTED AGAINST REVENUES 30,300. CONSOLIDATION ELIMINATING ENTRIES 180,878. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENDITURES FOR SPECIAL EVENTS NETTED AGAINST REVENUES 30,300. CONSOLIDATATION ELIMINATING ENTRIES 1,558,173. GOLF SCRAMBLE 59145 44345 14800 3720 15395 3865 4552 2292 476 59145 44345 14800 3720 15395 3865 4552 2292 476 30300 -15500 1 BLACKFEET COMMUNITY COLLEGE PO BOX 819 BROWNING MT 59417 810378943 501C(3) 10865 CASH EDUCATION BOZEMAN SCHOOLS FOUNDATION PO BOX 1803 BOZEMAN MT 59771 201645473 501C(3) 10000 CASH EDUCATION CARROLL COLLEGE 1601 N BENTON HELENA MT 59625 810231774 501C(3) 35115 CASH EDUCATION CHIEF DULL KNIFE COLLEGE PO BOX 98 LAME DEER MT 59043 810351900 501C(3) 8987 CASH EDUCATION DAWSON COMMUNITY COLLEGE 300 COLLEGE DRIVE GLENDIVE MT 59330 816000240 MT UNIVERSITY SYSTEM 10698 CASH EDUCATION FLATHEAD VALLEY COMMUNITY COLLEGE 777 GRANDVIEW DR KALISPELL MT 59901 810299199 501C(3) 60363 CASH EDUCATION AANIIIH NOKADA COLLEGE PO BOX 159 HARLEM MT 59526 810420980 501C(3) 4374 CASH EDUCATION FORT PECK COMMUNITY COLLEGE 605 INDIAN AVENUE POPLAR MT 59255 810374399 501C(3) 9367 CASH EDUCATION HELENA SYMPHONY PO BOX 1073 HELENA MT 59624 810352076 501C(3) 5000 CASH EDUCATION LITTLE BIG HORN COLLEGE PO BOX 370 CROW AGENCY MT 59022 810331905 501C(3) 9747 CASH EDUCATION MILES CITY COMMUNITY COLLEGE 2715 DICKENSON ST MILES CITY MT 59301 816000208 501C(3) 11554 CASH EDUCATION MISSOULA EDUCATION FOUNDATION PO BOX 1775 MISSOULA MT 59806 810514370 501C(3) 10000 CASH EDUCATION MONTANA POST SECONDARY EDUCATIONAL OPPORTUNITIES PO BOX 7548 MISSOULA MT 59807 810458218 501C(3) 16000 CASH EDUCATION MONTANA STATE UNIVERSITY - BILLINGS 1500 UNIVERSITY DR BILLINGS MT 59101 816001642 MT UNIVERSITY SYSTEM 126835 CASH EDUCATION MONTANA STATE UNIVERSITY - BOZEMAN PO BOX 174160 BOZEMAN MT 59717 816010045 MT UNIVERSITY SYSTEM 327354 CASH EDUCATION MONTANA STATE UNIVERSITY - GREAT FALLS COLLEGE OF TECH 2100 16TH AVE S GREAT FALLS MT 59406 810522790 MT UNIVERSITY SYSTEM 41914 CASH EDUCATION MONTANA STATE UNIVERSITY - NORTHERN PO BOX 7751 HAVRE MT 59501 816001663 MT UNIVERSITY SYSTEM 31002 CASH EDUCATION MONTANA TECH OF THE UM & COLLEGE OF TECHNOLOGY 1300 W PARK ST BUTTE MT 59701 816001654 MT UNIVERSITY SYSTEM 54776 CASH EDUCATION PETERSON'S SATACT PRACTICE GUIDES PO BOX 30216 OMAHA NE 68103 470828363 15000 CASH EDUCATION ROCKY MOUNTAIN COLLEGE 1511 POLY DR BILLINGS MT 59102 810235407 501C(3) 23655 CASH EDUCATION SALISH KOOTENAI COLLEGE PO BOX 70 PABLO MT 59855 810378823 501C(3) 29351 CASH EDUCATION STONE CHILD COLLEGE RR1 BOX 1082 BOX ELDER MT 59521 810420650 501C(3) 5278 CASH EDUCATION STUDIO DESIGNS 1801 THIRD AVENUE NORTH GREAT FALLS MT 59401 262307100 6000 CASH EDUCATION UNIVERSITY OF GREAT FALLS 1301 20TH ST S GREAT FALLS MT 59405 810231777 501C(3) 22776 CASH EDUCATION UNIVERSITY OF MONTANA - HELENA COLLEGE OF TECHNOLOGY 1115 N ROBERTS HELENA MT 59601 810302402 MT UNIVERSITY SYSTEM 35661 CASH EDUCATION UNIVERSITY OF MONTANA - MISSOULA LOMMASSON RM 218 MISSOULA MT 59812 816001713 MT UNIVERSITY SYSTEM 377637 CASH EDUCATION UNIVERSITY OF MONTANA - WESTERN 710 S ATLANTIC DILLION MT 59725 816001713 MT UNIVERSITY SYSTEM 37452 CASH EDUCATION HELENA EDUCATION FOUNDATION PO BOX 792 HELENA MT 59624 810544494 501C(3) 14500 CASH EDUCATION GRANDSTREET THEATRE PO BOX 1258 HELENA MT 59624 810357843 501C(3) 7000 CASH EDUCATION THOMPSON FALLS HIGH SCHOOL PO BOX 129 THOMPSON FALLS MT 59873 816000916 PUBLIC INSTITUTION 5000 CASH EDUCATION PLAINS HIGH SCHOOL PO BOX 549 PLAINS MT 59859 816000915 PUBLIC INSTITUTION 5000 CASH EDUCATION MONTANA CREDIT UNIONS FOR COMMUNITY DEVELOPMENT 101 N RODNEY HELENA MT 59601 753103575 501C(3) 50000 CASH EDUCATION MONTANA OFFICE OF PUBLIC INSTRUCTION 1300 11TH AVE HELENA MT 59601 810302402 PUBLIC INSTITUTION 50000 CASH EDUCATION 31 2 FOSTER CARE - ETV 29 108737 GRANT EXPENSE DETAIL JOBS FOR MONTANA GRADS 1 500 GRANT EXPENSE DETAIL CIRCLE OF SUCCESS 64 63000 GRANT EXPENSE DETAIL COLLEGE GOAL SUNDAY 20 10000 GRANT EXPENSE DETAIL PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SAF'S GRANTS AND SCHOLARSHIP PROGRAMS ARE DESIGNATED TO SUPPORT STUDENTS WHO ARE FACING TEMPORARY FINANCIAL OBSTACLES TO COMPLETING THEIR EDUCATION. ACCESS GRANTS TOTALING MORE THAN $1.2 MILLION WERE DELIVERED TO MONTANA'S COLLEGES AND UNIVERSITIES. THESE DOLLARS ARE DISTRIBUTED TO STUDENTS THROUGH THE FINANCIAL AID OFFICE, AND ON AVERAGE, ARE $1,000 AWARDS. EACH SCHOOL DEVELOPS AND ADMINISTERS THEIR OWN DISTRIBUTION PROCESS. SAF ALSO DELIVERS FUNDS TO THE STUDENTS THROUGH ITS CIRCLE OF SUCCESS SCHOLARSHIP. THESE AWARDS ARE $1,000 EACH, AND THE INTENT OF THE PROGRAM IS TO AWARD A GRANT TO AT LEAST ONE STUDENT FROM EACH OF MONTANA'S 56 COUNTIES. CIRCLE OF SUCCESS SCHOLARSHIPS ARE AWARDED BASED ON APPLICATIONS SUBMITTED BY STUDENTS. STUDENT ENROLLMENT IS VERIFIED AND CHECKS ARE ISSUED TO SCHOOLS IN THE STUDENT'S NAME. X X X X X 0 0 0 1 0 0 0 0 0 JAMES A STIPCICH 179996 10141 46119 2350 0 0 14102 609 13748 405 253965 13505 0 0 SCOTT TODOROVICH 122609 248 30550 0 3750 0 9910 15 15679 28 182498 291 0 0 JOLENE SELBY 131798 1402 32313 0 5288 0 10506 84 12885 159 192790 1645 0 0 DON OLIVER 0 130370 0 30550 0 12500 0 10448 0 7588 0 191456 0 0 KELLY CRESSWELL 117897 0 28235 0 0 0 8965 0 10738 0 165835 0 0 0 SIMON POOLE 90340 32717 30550 0 5750 0 8054 1954 13353 1937 148047 36608 0 0 PART I, LINE 5 THE EXECUTIVE COMPENSATION PLAN INCLUDES AN INCENTIVE PLAN. ONE OF THE TARGETS OF THE INCENTIVE PLAN IS BASED ON THE LEVEL OF ANNUAL GROSS REVENUE EARNED. SUPPLEMENTAL INFORMATION PART III EMPLOYEES FOR STUDENT ASSISTANCE FOUNDATION ARE COMMON PAYMASTER EMPLOYEES AND THE COSTS FOR THE RELATED ENTITY, TRUSTUDENT ARE REIMBURSED FOR COSTS INCURRED. KELLY CRESSWELL COMPUTER PURCHASE LOAN X 559 140 0 1 1 KELLY CRESSWELL PREPAID HEALTH CLUB DUES X 778 162 0 1 1 KELLY CRESSWELL COMPUTER PURCHASE LOAN X 772 579 0 1 1 881 JAMES STIPCICH TOP MANAGEMENT OFFICIAL FOR MHESAC NOTED TOP MANAGEMENT OFFICIAL FOR MHESAC IS AN OFFICER OF STUDENT ASSISTANCE FOUNDATION 0 LILA TAYLOR VICE CHAIR NOTED BOARD MEMBER IS ON BOTH STUDENT ASSISTANCE FOUNDATION AND MHESAC BOARDS 0 JOLENE SELBY TOP FINANCE OFFICIAL FOR MHESAC NOTED TOP FINANCE OFFICIAL FOR MHESAC IS AN OFFICER OF STUDENT ASSISTANCE FOUNDATION 0 FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD MEMBER IS ON BOTH STUDENT ASSISTANCE FOUNDATION AND MHESAC BOARDS: LILA TAYLOR. THE FOLLOWING BOARD MEMBERS ARE ON BOTH THE STUDENT ASSISTANCE FOUNDATION AND TRU STUDENT BOARDS: ED JASMIN AND JIM BELL SAF OFFICERS JAMES STIPCICH AND JOLENE SELBY ARE TOP MANAGEMENT OFFICIAL AND TOP FINANCE OFFICIAL, RESPECTIVELY, FOR MHESAC. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS MADE AVAILABLE TO THE FULL BOARD AND REVIEWED BY THE AUDIT COMMITTEE PRIOR TO FILING. THE AUDIT COMMITTEE PRESENTS THE RETURN TO THE FULL BOARD AT THE NEXT SCHEDULED MEETING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST PRIOR TO PARTICIPATING IN THE DISCUSSION OF THE TOPIC. THE DISCLOSURE IS NOTED IN THE MINUTES. ALL VOTES HAVE TO BE CARRIED BY A MAJORITY OF DISINTERESTED PARTIES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING EXECUTIVE COMPENSATION IS AS FOLLOWS: THE SAF BOARD APPOINTS A COMPENSATION COMMITTEE IN CONJUNCTION WITH AN EXTERNAL CONSULTANT TO REVIEW AND RECOMMEND COMPENSATION OF THE CEO FOR BOARD APPROVAL. MARKET CONDITIONS ARE LOOKED AT ANNUALLY VIA A MARKET SURVEY. THE SAF BOARD APPROVES ANY ANNUAL COST OF LIVING ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AVAILABLE FROM THE ORGANIZATIONS'S WEBSITE AND OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. HOURS FOR RELATED ORGANIZATIONS FORM 990, PART VII, SECTION A, COLUMN B DON OLIVER'S AVERAGE WEEKLY HOURS IS 43 HOURS. HE HAS AVERAGED 22 HOURS OF HIS TIME TO SAF. SIMON POOLE'S AVERAGE WEEKLY HOURS IS 43 HOURS. HE HAS AVERAGED 11 HOURS OF HIS TIME TO TRU STUDENT, AND 32 HOURS OF HIS TIME TO SAF. JIM STIPCICH'S AVERAGE WEEKLY HOURS IS 43 HOURS. HE HAS AVERAGED 2 HOURS OF HIS TIME TO TRU STUDENT, AND 41 HOURS OF HIS TIME TO SAF. JOLENE SELBY'S AVERAGE WEEKLY HOURS IS 45. HER AVERAGE FOR TRU STUDENT IS 1 HOUR AND 44 HOURS TO SAF. SCOTT TODOROVICH'S AVERAGE WEEKLY HOURS IS 41. HIS TRU STUDENT TIME IS MINIMAL. OVERSIGHT OF FINANCIAL STATEMENT AUDIT: FORM 990, PART XII, LINE 2C, THE PROCESS FOR THE OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEARS. FINANCIAL STATEMENT REPORTING FORM 990, PART XII, LINE 2 B THE FINANCIAL STATEMENTS DO NOT CONTAIN A FOOTNOTE REGARDING A FIN 48 STATEMENT OF UNCERTAIN TAX POSITIONS. DECREASE IN TOTAL ASSETS AND TOTAL LIABILITIES FORM 990, PART I AND PART X DURING THE FISCAL YEAR, MONTANA STUDENT LOAN FUNDING, A WHOLLY-OWNED AND FULLY CONSOLIDATED COMPANY ENTERED INTO A STRUCTURED RELINQUISHMENT OF STUDENT LOANS IN EXCHANGE FOR THE EXTINGUISHMENT OF THE RELATED DEBT. THE RESULT WAS A SIGNIFICANT DECREASE IN BOTH THE TOTAL ASSETS AND TOTAL LIABILITIES OF THE CONSOLIDATED COMPANY. THE ASSETS RELINQUISHED AND THE CORRESPONDING DEBT RELIEVED WERE EACH $193 MILLION. MONTANA STUDENT LOAN FUNDINGLLC 2500 BROADWAY ROOM 237 HELENA MT 59601 731672105 STUDENT LOAN SERVICING MT 1975766 21 N/A MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION 2500 BROADWAY HELENA MT 59601 810393527 PROVIDE FUNDS FOR STUDENT LOANS MT 501(C)(3) 9 N/A 0 TRU STUDENT CORPORATION 2500 BROADWAY HELENA MT 59601 272815636 SERVICE STUDENT LOANS MT N/A C 1057713 1291299 1.00000 1 1 0 1 0 0 0 1 0 0 1 1 0 1 0 0 0 0 TRU STUDENT CORPORATION B 500000 AMOUNT TRANSFERRED TRU STUDENT CORPORATION K 482312 SERVICES PROVIDED TRU STUDENT CORPORATION L 303603 SERVICES PROVIDED TRU STUDENT CORPORATION D 2250000 AMOUNT OF ADVANCE TRU STUDENT CORPORATION A 3850 AMOUNT PAID FOR RENT TRU STUDENT CORPORATION N 139210 SALARIES PAID BY SAF TRU STUDENT CORPORATION N 391812 SALARIES PAID BY TRU STUDENT TRU STUDENT CORPORATION A 87072 INTEREST PAID ON LOAN