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        <ManagementAndGeneralAmt>303513</ManagementAndGeneralAmt>
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        <Desc>STUDENT SERVICES</Desc>
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        <ProgramServicesAmt>3806890</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>OPERATIONAL AND MAINTENANCE</Desc>
        <TotalAmt>562124</TotalAmt>
        <ProgramServicesAmt>562124</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>INSTITUTIONAL SUPPORT</Desc>
        <TotalAmt>871034</TotalAmt>
        <ManagementAndGeneralAmt>871034</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>AUXILLIARY ENTERPRISES</Desc>
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        <ProgramServicesAmt>529122</ProgramServicesAmt>
        <ManagementAndGeneralAmt>301238</ManagementAndGeneralAmt>
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      <AllOtherExpensesGrp>
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        <ProgramServicesAmt>329122</ProgramServicesAmt>
        <ManagementAndGeneralAmt>240116</ManagementAndGeneralAmt>
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      <TotalFunctionalExpensesGrp>
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        <ProgramServicesAmt>18365183</ProgramServicesAmt>
        <ManagementAndGeneralAmt>5706634</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
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      <CashNonInterestBearingGrp>
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      <PledgesAndGrantsReceivableGrp>
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      <AccountsReceivableGrp>
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        <EOYAmt>646200</EOYAmt>
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      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>72720</BOYAmt>
        <EOYAmt>146020</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
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      <LandBldgEquipAccumDeprecAmt>18157505</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>31711002</BOYAmt>
        <EOYAmt>31199678</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <InvestmentsPubTradedSecGrp>
        <BOYAmt>5010925</BOYAmt>
      </InvestmentsPubTradedSecGrp>
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        <EOYAmt>14022548</EOYAmt>
      </InvestmentsOtherSecuritiesGrp>
      <OtherAssetsTotalGrp>
        <BOYAmt>2060944</BOYAmt>
      </OtherAssetsTotalGrp>
      <TotalAssetsGrp>
        <BOYAmt>55384206</BOYAmt>
        <EOYAmt>62601605</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
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        <EOYAmt>1934847</EOYAmt>
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        <EOYAmt>168542</EOYAmt>
      </DeferredRevenueGrp>
      <MortgNotesPyblScrdInvstPropGrp>
        <BOYAmt>17032742</BOYAmt>
      </MortgNotesPyblScrdInvstPropGrp>
      <OtherLiabilitiesGrp>
        <BOYAmt>1612584</BOYAmt>
        <EOYAmt>2043362</EOYAmt>
      </OtherLiabilitiesGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>20268933</BOYAmt>
        <EOYAmt>4146751</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>13399039</BOYAmt>
        <EOYAmt>6204284</EOYAmt>
      </NoDonorRestrictionNetAssetsGrp>
      <DonorRestrictionNetAssetsGrp>
        <BOYAmt>21716234</BOYAmt>
        <EOYAmt>52250570</EOYAmt>
      </DonorRestrictionNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>35115273</BOYAmt>
        <EOYAmt>58454854</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>55384206</BOYAmt>
        <EOYAmt>62601605</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>23238753</ReconcilationRevenueExpnssAmt>
      <PriorPeriodAdjustmentsAmt>100828</PriorPeriodAdjustmentsAmt>
      <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>
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    <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>
    <IRS990ScheduleC documentId="990C">
      <Form4720FiledSection4955TaxInd>false</Form4720FiledSection4955TaxInd>
      <CorrectionMadeInd>false</CorrectionMadeInd>
    </IRS990ScheduleC>
    <IRS990ScheduleD documentId="990D">
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        <BeginningYearBalanceAmt>10954922</BeginningYearBalanceAmt>
        <EndYearBalanceAmt>10954922</EndYearBalanceAmt>
      </CYEndwmtFundGrp>
      <CYMinus1YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>10907917</BeginningYearBalanceAmt>
        <ContributionsAmt>39255</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>8508</InvestmentEarningsOrLossesAmt>
        <EndYearBalanceAmt>10955680</EndYearBalanceAmt>
      </CYMinus1YrEndwmtFundGrp>
      <CYMinus2YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>9907917</BeginningYearBalanceAmt>
        <ContributionsAmt>335504</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>663738</InvestmentEarningsOrLossesAmt>
        <EndYearBalanceAmt>10907159</EndYearBalanceAmt>
      </CYMinus2YrEndwmtFundGrp>
      <CYMinus3YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>9636178</BeginningYearBalanceAmt>
        <ContributionsAmt>170616</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>101123</InvestmentEarningsOrLossesAmt>
        <EndYearBalanceAmt>9907917</EndYearBalanceAmt>
      </CYMinus3YrEndwmtFundGrp>
      <CYMinus4YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>8740671</BeginningYearBalanceAmt>
        <ContributionsAmt>81573</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>813934</InvestmentEarningsOrLossesAmt>
        <EndYearBalanceAmt>9636178</EndYearBalanceAmt>
      </CYMinus4YrEndwmtFundGrp>
      <EndowmentsHeldUnrelatedOrgInd>false</EndowmentsHeldUnrelatedOrgInd>
      <EndowmentsHeldRelatedOrgInd>false</EndowmentsHeldRelatedOrgInd>
      <LandGrp>
        <OtherCostOrOtherBasisAmt>1831860</OtherCostOrOtherBasisAmt>
        <BookValueAmt>1831860</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>37522360</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>13286809</DepreciationAmt>
        <BookValueAmt>24235551</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>10002963</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>4870696</DepreciationAmt>
        <BookValueAmt>5132267</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>31199678</TotalBookValueLandBuildingsAmt>
      <FinancialDerivativesGrp>
        <BookValueAmt>14022548</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </FinancialDerivativesGrp>
      <TotalBookValueSecuritiesAmt>14022548</TotalBookValueSecuritiesAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>ACCRUED LIABILITIES</Desc>
        <Amt>652483</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>DEPOSITS</Desc>
        <Amt>113919</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>PAYROLL TAXES</Desc>
        <Amt>234076</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>DEPOSITS</Desc>
        <Amt>20316</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>GRANT PAYABLE</Desc>
        <Amt>323690</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>TRUST PAYABLE</Desc>
        <Amt>153077</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>CAPITAL LEASE PAYABLE</Desc>
        <Amt>545801</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>2043362</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>47310570</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueSubtotalAmt>47310570</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>47310570</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>24594061</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>24594061</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>24594061</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="990E">
      <NondiscriminatoryPolicyStmtInd>true</NondiscriminatoryPolicyStmtInd>
      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>true</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>
    </IRS990ScheduleE>
    <IRS990ScheduleG documentId="990G" />
    <IRS990ScheduleI documentId="990I">
      <GrantRecordsMaintainedInd>true</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>STUDENT SCHOLARSHIPS</BusinessNameLine1Txt>
        </RecipientBusinessName>
      </RecipientTable>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="990J">
      <FirstClassOrCharterTravelInd>X</FirstClassOrCharterTravelInd>
      <WrittenPolicyRefTAndEExpnssInd>true</WrittenPolicyRefTAndEExpnssInd>
      <SubstantiationRequiredInd>true</SubstantiationRequiredInd>
      <Form990OfOtherOrganizationsInd>X</Form990OfOtherOrganizationsInd>
      <WrittenEmploymentContractInd>X</WrittenEmploymentContractInd>
      <SeverancePaymentInd>false</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>false</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>false</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>false</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>false</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>false</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>false</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>COLETTE PIERCE BURNETTE</PersonNm>
        <TitleTxt>PRESIDENT</TitleTxt>
        <BaseCompensationFilingOrgAmt>235486</BaseCompensationFilingOrgAmt>
        <OtherCompensationFilingOrgAmt>7298</OtherCompensationFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>242784</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="990O">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 governing body review Part VI line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>The governing body reguarly reviews 990 prior to issuance</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Conflict of interest policy compliance Part VI line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>the college makes available the conflict of interest policy to all available employees</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>CEO executive director top management comp Part VI line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>an ad hoc committee along with an investment consultant reviews faculty and staff salaries. Officers and key employees are determined using negotiations, historical data and experience in the field</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Other officer or key employee compensation Part VI line 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>SALAIRES OF KEY EMPLOYEES ARE REVIEWED BY AN ADHOC COMITTEE WITH THE HELP OF AN OUTSIDE CONSULTANT</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing documents etc available to public Part VI line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>documents are made available to the public on the school website</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VIII response or note to any line in Part VIII</FormAndLineReferenceDesc>
        <ExplanationTxt>the governing body makes available conflict of interest policy on the company website and the 990 is made available to the public upon request</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
