2013-04-29T09:19:43-05:00 2012-06-30 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2011-07-01 362177133 SAINT XAVIER UNIVERSITY SAIN 7732983000 3700 WEST 103RD ST CHICAGO IL 60655 RAYMOND P CATANIA 7732983000 2013-04-02 1 GREGORY S ADAMS P00095597 6305738600 2011 2016-03-07 17:11:31Z RAYMOND P CATANIA 3700 WEST 103RD ST CHICAGO IL 60655 110307871 0 X WWW.SXU.EDU X 1846 IL SAINT XAVIER UNIVERSITY (SXU) EDUCATES MEN AND WOMEN TO SEARCH FOR THE TRUTH, THINK CRITICALLY, COMMUNICATE EFFECTIVELY, AND SERVE WISELY AND COMPASSIONATELY IN SUPPORT OF HUMAN DIGNITY AND THE COMMON GOOD. 24 23 1891 3 507082 -150680 6481365 7721857 96564613 98245532 292791 364805 1388297 1110016 104727066 107442210 23181104 24963629 0 0 45411674 45456036 0 93000 1593814 30248767 30681524 98841545 101194189 5885521 6248021 138249242 139857728 71640749 66880107 66608493 72977621 X SAINT XAVIER UNIVERSITY (SXU) EDUCATES MEN AND WOMEN TO SEARCH FOR THE TRUTH, THINK CRITICALLY, COMMUNICATE EFFECTIVELY, AND SERVE WISELY AND COMPASSIONATELY IN SUPPORT OF HUMAN DIGNITY AND THE COMMON GOOD. 0 0 71325529 24963629 89023669 SAINT XAVIER UNIVERSITY IS AN INDEPENDENT, CATHOLIC, COMPREHENSIVE UNIVERSITY OFFERING BACHELORS AND MASTER'S DEGREES TO A DIVERSE POPULATION OF OVER 4,800 STUDENTS. SXU OFFERS GRADUATE AND UNDERGRADUATE PROGRAMS IN BUSINESS ADMINISTRATION, LIBERAL ARTS AND SCIENCES, NURSING AND EDUCATION. BASED ON FALL SEMESTER STATISTICS, FULL-TIME EQUIVALENT STUDENTS ("FTES") ENROLLED IN THE UNIVERSITY DURING THE 2012 FISCAL YEAR AT THE UNDERGRADUATE LEVEL WERE 2,755 AND AT THE GRADUATE LEVEL WERE 823, HEADCOUNTS WERE 2,993 FOR UNDERGRADUATE AND 1,716 FOR GRADUATE. DURING THE FISCAL YEAR 2011, FALL SEMESTER FTES AT THE UNDERGRADUATE LEVEL WERE 2,706 AND AT THE GRADUATE LEVEL WERE 1,027, HEADCOUNTS WERE 2,968 FOR UNDERGRADUATE AND 1,893 FOR GRADUATE ADDITIONALLY, DURING THE 2012 FISCAL YEAR, THE UNIVERSITY'S FACULTY CONSISTED OF 208 FULL-TIME EMPLOYEES. COMPARABLE COUNTS FOR FISCAL YEAR 2011 WERE 209 FULL-TIME. SAINT XAVIER UNIVERSITY'S FULL-TIME UNDERGRADUATE ENROLLMENT RANGED FROM 2300 TO 2590 BETWEEN 2004-2011, AND EIGHT NEW FACILITIES WERE ADDED OVER THE LAST TEN YEARS. WITH 39 UNDERGRADUATE DEGREE PROGRAMS AND OVER 40 GRADUATE PROGRAM OPTIONS IN THE COLLEGE OF ARTS AND SCIENCES, THE SCHOOL OF EDUCATION, THE SCHOOL OF NURSING, THE GRAHAM SCHOOL OF MANAGEMENT, AND THE SCHOOL FOR CONTINUING AND PROFESSIONAL STUDIES, SAINT XAVIER OFFERS A FIRM FOUNDATION IN THE LIBERAL ARTS ALONG WITH SOLID CAREER PREPARATION. SAINT XAVIER CONTINUES TO RANK AS ONE OF THE TOP 40 COMPREHENSIVE MASTER'S UNIVERSITIES IN THE MIDWEST BY US NEWS & WORLD REPORT'S AMERICA'S BEST COLLEGES. 71325529 1 1 0 1 0 0 1 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 186 0 1 1891 1 1 1 0 0 0 0 1 1 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SAINT XAVIER UNIVERSITY 7732983000 3700 WEST 103RD ST CHICAGO IL 60655 JOSEPH A BALASA 1.00 X 0 0 0 SISTER GILMARY BAUERRSM 1.00 X 0 0 0 JOHN J BENISH JR 1.00 X 0 0 0 SISTER MARY ANN BERGFELD RSM 1.00 X 0 0 0 BARBARA J BRADEN 1.00 X 0 0 0 REVEREND JOHN F CANARY 1.00 X 0 0 0 JOHN T COSTELLO 1.00 X X 0 0 0 DANIEL K CURLEY 1.00 X 0 0 0 TERRENCE A DUFFY 1.00 X 0 0 0 SISTER NANCY J HOULIHAN RSM 1.00 X 0 0 0 WILLIAM KEYSER 1.00 X 0 0 0 SISTER MARGARET MARY KNITTEL RSM 1.00 X 0 0 0 SISTER GEORGINE SCARPINO RSM 1.00 X X 0 0 0 BRIAN O SHANNON JR 1.00 X 0 0 0 CHRISTINE M WISEMAN 40.00 X X 353250 0 30627 RAYMOND L KRATZER 1.00 X 0 0 0 MARY MACLAREN 1.00 X 0 0 0 HOPE L FLACK 1.00 X 0 0 0 CAROL A KEENE 1.00 X 0 0 0 WILLIAM G LAIRD 1.00 X 0 0 0 MARY CLARE LOFTUS 1.00 X 0 0 0 ALEXANDRA J MORAN 1.00 X 0 0 0 JOHN L SIMMONS 1.00 X 0 0 0 SISTER MARYANNE STEVENS RSM 1.00 X 0 0 0 ANGELA DURANTE 40.00 X 184749 0 18854 STEVE MURPHY 40.00 X 151551 0 25329 ROBERT TENCZAR 40.00 X 133198 0 14301 JOHN PELRINE 40.00 X 125486 0 6433 KATHLEEN CARLSON 40.00 X 125031 0 14976 SISTER SUSAN SANDERS 40.00 X 0 0 15107 RAYMOND CATANIA 40.00 X 213700 0 11923 JAMES BRODZINSKI 40.00 X 156522 0 25318 GLORIA JACOBSON 40.00 X 151264 0 25365 1594751 0 188233 14 0 1 0 CHARTWELLS DINING SERVICES PO BOX 91337 CHICAGO IL 60693 FOOD SERVICE 3624419 DELTAK EDU INC 1415 W 22ND STREET OAK BROOK IL 60523 ONLINE EDUCATION SERVICES 1028590 HENRY BROTHERS 9821 S 78TH AVE HICKORY HILLS IL 60457 GENERAL CONTRACTOR 786350 ELLUCIAN INC 4375 FAIR LAKES CT FAIRFAX VA 22033 INFORMATION TECHNOLOGY 504066 INTERNATIONAL RENEWAL INSTITUTE INC 310 KEYSTONE COURT GLENCOE IL 60022 COURSE PROGRAM FEES 358010 22 337595 5558819 1825443 66070 7721857 TUITION 611310 88357932 88357932 ROOM AND BOARD 611310 7486318 7486318 BOOKSTORE REVENUE 611310 1616549 1616549 WORKSHOP REVENUE 611310 201301 201301 583432 583432 98245532 230588 230588 296794 0 296794 296794 296794 2839524 3883 2586311 122879 253213 -118996 134217 -118996 253213 156471 337595 156471 0 RESTAURANT FOOD SALES 722210 451470 451470 PARKING FEE REVENUE 611600 306140 306140 HEALTH CENTER REVENUE 621400 55612 55612 813222 107442210 89023669 507082 10189602 24963629 24963629 2465452 1313978 991510 159964 35280588 26897047 7666198 717343 1020890 763003 234159 23728 4112779 3073851 943337 95591 2576327 1925522 590925 59880 176821 176821 151176 4500 146676 96448 96448 93000 93000 7055687 6506599 384692 164396 1159254 50959 1077109 31186 2640911 1032494 1576054 32363 825510 449694 375416 400 2844063 1085130 1758930 3 99596 85011 10235 4350 889925 775018 86200 28707 2865758 2865758 5579647 5579647 754798 69942 684856 TUITION WAIVERS 1517355 1517355 PRODUCT COSTS 1475596 1474281 584 731 BAD DEBT 1346049 1346049 STUDENT EVENTS 553162 413347 8970 130845 649768 441524 156917 51327 101194189 71325529 28274846 1593814 5365054 9345161 2216689 1797571 1195306 1234335 3567258 3167783 3042887 3021550 806077 651757 3130368 2810772 174829364 64441773 111293653 110387591 5623596 5393700 595598 680483 1412756 1367025 138249242 139857728 6584824 6123631 2473336 1993827 50000000 46800000 61473 0 5000000 5000000 7521116 6962649 71640749 66880107 X 56830384 61468054 1845688 4050916 7932421 7458651 66608493 72977621 138249242 139857728 X 6248021 121107 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 96448 0 0 96448 0 PART IV, SUPPLEMENTAL INFORMATION: SAINT XAVIER UNIVERSITY RETAINS A PROFESSIONAL SERVICE FIRM, MCALLISTER & QUINN, TO ASSIST IN LOBBYING VARIOUS FEDERAL DEPARTMENTS, INCLUDING THE U.S. DEPARTMENT OF EDUCATION. SAINT XAVIER'S LOBBYING EFFORTS SUPPORT HIGHER EDUCATION POLICY AND FUNDING ISSUES. X 1 21.40 1 0 8016905 235149 -166209 117779 7968066 7543156 283892 1030102 134509 705736 8016905 9680208 119676 1232014 149093 3323743 15906 7543156 12482378 200402 -2486957 103356 412259 9680208 0.06000 0.93000 0.01000 1 0 15760873 15760873 123647444 36465789 87181655 35229519 27975984 7253535 191528 191528 110387591 CONDITIONAL ASSET RETIREMENT OBLIGATION 3507773 STUDENT DEPOSITS 200485 REFUNDABLE GOVERNMENT LOANS 3254391 6962649 107442210 101194189 6248021 -676494 797601 121107 6369128 82913206 -676494 797601 121107 82792099 24650111 24650111 107442210 76544078 0 76544078 24650111 24650111 101194189 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUND IS TO FACILITATE DONORS' DESIRES TO MAKE SUBSTANTIAL LONG-TERM GIFTS TO THE COMMUNITY AND TO DEVELOP A NEW AND SIGNIFICANT SOURCE OF REVENUE FOR THE UNIVERSITY. IN SO DOING, THE ENDOWMENT FUND WILL PROVIDE A SECURE, LONG-TERM SOURCE OF FUNDS TO 1) STABILIZE AGENCY FUNDING DURING PERIODS OF BELOW NORMAL ANNUAL CAMPAIGNS, 2) FUND SPECIAL GRANTS 3) ENSURE LONG-TERM GROWTH 4) ENHANCE OUR ABILITY TO MEET CHANGING COMMUNITY NEEDS IN BOTH THE SHORT AND LONG-TERM, AND, 5) SUPPORT THE ADMINISTRATIVE EXPENSES OF THE UNIVERSITY AS DEEMED APPROPRIATE. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY DETERMINED THAT IS WAS NOT REQUIRED TO RECORD A LIABILITY FOR ANY UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2012. THE FEDERAL AND STATETAX RETURNS OF THE UNIVERSITY FOR 2009, 2010 AND 2011 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 8 - OTHER ADJUSTMENTS: INCREASE IN FAIR VALUE OF INTEREST RATE SWAP 797,601. PART XII, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN INTEREST RATE SWAP FAIR VALUE 797,601. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL FINANCIAL AID 24,650,111. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL FINANCIAL AID 24,650,111. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 SXU PUBLISHES THEIR RACIALLY NONDISCRIMINATORY POLICY ON THEIR WEBSITE AT WWW.SXU.EDU. THE UNIVERSITY SEEKS STUDENTS OF DIVERSE TALENTS, EXPERIENCES, KNOWLEDGE, INTERESTS, AND CULTURES WHO ARE WILLING TO LEARN, AND TO SEEK EXCELLENCE IN THEMSELVES AND OTHERS. ONE OF THE CORE VALUES OF THE UNIVERSITY IS DIVERSITY. DIVERSITY BUILDS A COMMUNITY THAT FOSTERS A CLIMATE THAT IS OPEN AND WELCOMING TO DIVERSE PEOPLE, IDEAS, AND PERSPECTIVES, THAT PROMOTES A CONSTRUCTIVE DISCOURSE ON THE NATURE OF DIVERSITY, AND THAT ENGAGES FACULTY, STAFF AND STUDENTS IN ACTIVITIES THAT PROMOTE THE UNIVERSITY'S CORE VALUES. SXU ADMITS QUALIFIED STUDENTS WITHOUT REGARD TO RACE, RELIGION, AGE, SEX, NATIONAL OR ETHNIC ORIGIN. THE UNIVERSITY DOES NOT DISCRIMINATE AGAINST HANDICAPPED PERSONS WHO ARE OTHERWISE QUALIFIED TO PARTICIPATE IN THE INTELLECTUAL AND SOCIAL LIFE OF THE UNIVERSITY. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 U.S. DEPARTMENT OF EDUCATION - $2,469,436 ILLINOIS BOARD OF HIGHER EDUCATION - $2,851,469 ILLINOIS STATE BOARD OF EDUCATIONS - $ 113,655 NATIONAL SCIENCE FOUNDATION - $ 124,258 X X X X X X X 1 LAURUS BRUNI PARTNERS LLC 55 W MONROE STREET CHICAGO IL 60603 CONSULTING RELATED TO CAPITAL CAMPAIGN 0 0 93000 -93000 93000 -93000 IL ANNUAL DINNER 369417 244687 124730 124730 GOLF OUTING 124649 92908 31741 31741 494066 337595 156471 156471 156471 0 1 INSTITUTIONAL AWARDS 2782 24557191 ENDOWED AND NAMED SCHOLARSHIPS 104 406438 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE UNIVERSITY'S OFFICE OF FINANCIAL AID, ADMINISTERS A WIDE VARIETY OF FEDERAL, STATE, INSTITUTIONAL AND PRIVATE FINANCIAL ASSISTANCE PROGRAMS. ITS MAJOR OBJECTIVE IS THE EQUITABLE DISTRIBUTION OF FINANCIAL AID TO ALL STUDENTS. THE ORGANIZATION SERVICES IN ORDER TO HELP STUDENTS FINANCE THEIR EDUCATION. RECIPIENTS ARE DETERMINED BY ACADEMIC MERIT, AS WELL AS FEDERAL, STATE AND INSTITUTIONAL GUIDELINES. FINANCIAL AID AND SCHOLARSHIPS ARE APPLIED TOWARD TUITION CHARGES ONLY AND RECIPIENTS MUST MAINTAIN CERTAIN ELIGIBLITY REQUIREMENTS TO RECEIVE THEM. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 CHRISTINE M WISEMAN 353250 0 0 0 0 0 0 0 30627 0 383877 0 0 0 ANGELA DURANTE 184749 0 0 0 0 0 0 0 18854 0 203603 0 0 0 STEVE MURPHY 151551 0 0 0 0 0 0 0 25329 0 176880 0 0 0 RAYMOND CATANIA 213700 0 0 0 0 0 0 0 11923 0 225623 0 0 0 JAMES BRODZINSKI 156522 0 0 0 0 0 0 0 25318 0 181840 0 0 0 GLORIA JACOBSON 151264 0 0 0 0 0 0 0 25365 0 176629 0 0 0 ILLINOIS FINANCE AUTHORITY SERIES 2008 BONDS 861091967 45200FLH0 2008-06-25 25000000 RESIDENCE HALL CONSTRUCTION 0 0 0 ILLINOIS FINANCE AUTHORITY SERIES 2006 BONDS 861091967 45200BYZ5 2006-06-08 10000000 RESIDENCE HALL CONSTRUCTION 0 0 0 2009 0 0 1 1 2007 0 0 1 1 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 1 1 BANK OF AMERICA 3.000000000000 0 0 0 0 0 SEE SCHEDULE O N/A 220231 SCHLRSHP X 7 33743 COST BASIS TOTALS X 1 5500 ESTIMATED VALUE X 1 2789 ESTIMATED VALUE X EVENT TICKETS 3 900 ESTIMATED VALUE OF TICKETS X OVERNIGHT STAYS/ AIRLINE TICKETS/BOAT TOUR 5 3869 ESTIMATED VALUE OF TICKETS X GIFT CERTIFICATES 5 580 DOLLAR VALUE OF GIFT CERTIFICATES X MISCELLEANOUS 9 5411 ESTIMATED VALUE OF ITEMS FROM INTERNET 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, COPIES OF THE COMPLETED DRAFT FORM 990 (INCLUDING REQUIRED SCHEDULES) WILL BE DISTRIBUTED TO THE AUDIT COMMITTEE IN EITHER ELECTRONIC OR PAPER FORM FOR REVIEW AND APPROVAL. ANY QUESTIONS OR CONCERNS WILL BE NOTED AND ADDRESSED, AND MANAGEMENT STAFF WILL ENSURE THAT CHANGES ARE INCORPORATED INTO THE FORM 990 AS APPROPRIATE. COPIES OF THE DRAFT FORM 990 WILL THEN BE DISTRIBUTED TO THE BOARD OF TRUSTEES IN EITHER ELECTRONIC OR PAPER FORM FOR REVIEW AND APPROVAL. BOARD MEMBERS WILL BE PROVIDED WITH AT LEAST FIVE BUSINESS DAYS TO REVIEW THE FORM. THE FORM 990 WILL BE FILED ONCE A MOTION TO APPROVE HAS BEEN PASSED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES. THESE INDIVIDUALS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONAIRE TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST THEY MAY HAVE WITH THE ORGANIZATION. CONFLICT OF INTEREST QUESTIONNAIRES ARE COMPLETED ON AN ANNUAL BASIS BY ALL INTERESTED PERSONS. COMPLETED CONFLICT OF INTEREST QUESTIONAIRRES WILL BE REVIEWED BY THE ORGANIZATION'S COMPLIANCE OFFICER (OR CHAIRMAN). IF IT IS DETERMINED AN ACTUAL CONFLICT OF INTEREST EXISTS, THE INDIVIDUAL WITH A CONFLICT WILL BE EXCUSED FROM ANY DISCUSSION OR VOTE ON THE MATTER FOR WHICH THEY HAVE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY'S INDEPENDENT EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES UTILIZES COMPARABILITY DATA FROM COMPENSATION SURVEYS AND STUDIES TO DETERMINE, EVALUATE AND ADJUST THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL, THE PRESIDENT, ON AN ANNUAL BASIS. THE FINAL COMPENSATION PACKAGE IS SUBJECT TO THE FULL EXECUTIVE COMMITTEE'S REVIEW AND APPROVAL AND IS DOCUMENTED IN A WRITTEN EMPLOYEE CONTRACT. DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION PACKAGE ARE DOCUMENTED IN THE MINUTES OF THE MEETING. PROCESS USED TO ESTABLISH COMPENSATION FOR OTHER OFFICERS FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION OF THE UNIVERSITY'S OTHER OFFICERS IS DETERMINED, EVALUATED AND REVIEWED BY UNIVERSITY PRESIDENT AND SUBSEQUENTLY APPROVED BY THE BOARD OF TRUSTEES ON AN ANNUAL BASIS. THE PRESIDENT UTILIZES COMPARABILITY DATA FROM COMPENSATION SURVEYS AS A BASIS FOR THIS DETERMINATION. THE FINAL COMPENSATION PACKAGES OF THE UNIVERSITY'S OTHER OFFICERS IS DOCUMENTED IN A WRITTEN EMPLOYMENT CONTRACT. DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION PACKAGES ARE DOCUMENTED IN THE MINUTES OF THE BOARD MEETING. FACULTY COMPENSATION IS BASED ON COLLECTIVE BARGAINING AGREEMENT WHICH IS RENEWED EVERY THREE YEARS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -676,494. INCREASE IN FAIR VALUE OF INTEREST RATE SWAP 797,601. TOTAL TO FORM 990, PART XI, LINE 5: 121,107. FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. THIS POLICY HAS NOT CHANGED FROM PRIOR YEARS. GRANTS OR ASSISTANCE BENEFITTING INTERESTED PERSONS SCHEDULE L PART III PURSUANT TO IRS FAQS ISSUED IN NOVEMBER 2009 FOR SCHEDULE L, GRANTS OR ASSISTANCE PROVIDED TO INTERESTED PERSONS OR THEIR FAMILY MEMBERS FOR TRAVEL, STUDY, OR OTHER SIMILAR PURPOSES ARE REPORTED IN PART III OF SCHEDULE L. RECOGNIZING PRIVACY ISSUES, THE TYPES OF REPORTING REQUIRED IN PART III FOR COLLEGES AND UNIVERSITIES IS LIMITED. THE SCHOOL IS NOT REQUIRED TO IDENTIFY INDIVIDUALS TO WHOM IT PROVIDED SUCH ASSISTANCE. INSTEAD, THESE ORGANIZATIONS MUST GROUP EACH TYPE OF FINANCIAL ASSISTANCE (E.G., NEED-BASED, MERIT DISCOUNTED TUITION, ETC.) THEREFORE, COLUMNS (A) AND (B) WERE INTENTIONALLY LEFT BLANK.