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        <NamePerson>Luanne C Wells</NamePerson>
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        <NamePerson>Joan Abrahamson</NamePerson>
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        <NamePerson>Steven D Lavine-See Sched J Part II</NamePerson>
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      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
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        <Description>Cash Cash Equivalents</Description>
        <MethodOfValuation>F</MethodOfValuation>
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      <OtherSecurities>
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        <Description>Fixed Income</Description>
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      <OtherSecurities>
        <Description>Funds Held in Custody by Others</Description>
        <BookValue>368172</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
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      <TotalOfBookValueSecurities>21615760</TotalOfBookValueSecurities>
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        <Description>Deposits and Advance Collections</Description>
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      <OtherLiabilities>
        <Description>U.S. Government Loans Refundable</Description>
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      <OtherLiabilities>
        <Description>Asset Retirement Oligation</Description>
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      <TotalOfAmounts>6616634</TotalOfAmounts>
      <TotalRevenue>73141221</TotalRevenue>
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      <NetUnrealizedGLOnInvestments>7994950</NetUnrealizedGLOnInvestments>
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      <ExpensesNotRptdF990>413185</ExpensesNotRptdF990>
      <ExpensesSubtotal>65272047</ExpensesSubtotal>
      <TotalExpensesPerForm990>65272047</TotalExpensesPerForm990>
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        <Explanation>Expenses for Special Events, SEOG/Worksudy Matching Funds</Explanation>
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        <ReturnReference>2d</ReturnReference>
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        <Explanation>The Institute had no uncertain tax positions for the year ending June 30, 2010.</Explanation>
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      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
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      <DiscriminateRaceUseOfFclts>false</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
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      <GovernmentFinancialAidReceived>true</GovernmentFinancialAidReceived>
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      <GovtFinancialAidExplanation>The Institute receives Workstudy, SEOG, Academic Competitiveness Grants, PELL Grants, Javits Fellowships, Cal Grants and National Endowment for the Arts funds from the federal government.</GovtFinancialAidExplanation>
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      <EventsInformation>
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        <TypeOfGrant>Academic Competitiveness Grants</TypeOfGrant>
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      <PersonalServices>X</PersonalServices>
      <WrittenPolicyReTAndEExpenses>true</WrittenPolicyReTAndEExpenses>
      <SubstantiationRequired>true</SubstantiationRequired>
      <CompensationCommittee>X</CompensationCommittee>
      <Form990OfOtherOrganizations>X</Form990OfOtherOrganizations>
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      <CompensationSurvey>X</CompensationSurvey>
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
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      <Form990ScheduleJPartII>
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      <GeneralExplanation>
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        <ReturnReference>2</ReturnReference>
        <Explanation>The Institute had 2 trustees who are father and son during the fiscal year.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
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        <ReturnReference>Line 6a The org receives aid, Line 6b The org has had their aid revoked or suspended.</ReturnReference>
        <Explanation>The Institute receives Workstudy, SEOG, Academic Competitiveness Grants, PELL Grants, Javits Fellowships, Cal Grants and National Endowment for the Arts funds from the federal government.</Explanation>
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</Return>