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For State Fiscal Year Ending September 30, 2005

Pursuant to MCL 390.1456 Section 6(5)

Overview

The Michigan Merit Award was established by Public Act 94 of 1999 (Michigan Merit Award Scholarship Act; MCL 390.1451 through 390.1459; as amended by Public Act 537 of 2002, Public Act 586 of 2002, and Public Act 595 of 2004), to recognize academic achievement on the Michigan Educational Assessment Program (MEAP) tests and to help make postsecondary education more affordable. The Michigan Merit Award Scholarship Act also provides a funding source for the Tuition Incentive Program (TIP) and the Michigan Nursing Scholarship (MNS). The Michigan Merit Award program is administered by the Michigan Department of Treasury and receives direction from the Michigan Merit Award Board. The MNS program is administered by the Michigan Department of Treasury’s Michigan Higher Education Assistance Authority (MHEAA) and does not receive direction from the Michigan Merit Award Board.

During the period of this report, the Act has been amended as follows:

January 5, 2005 – Public Act 595 of 2004 amended sections 2,6,7,8 and 9 (MCL 390.1452, 390.1456, 390.1457, 390.1458 and 390.1459), sections 2 and 7 as amended by 2002 PA 736, section 6 as amended by 2002 PA 537, and section 8 as amended by 2004 PA 69, and by adding sections 7a and 7b. • Students enrolled in 11th grade in or after the 2006-2007 school year will begin taking the Michigan Merit Examination, instead of the current high school (MEAP) assessment test

Award Amounts

The Michigan Merit Award Scholarship rewards academic achievement and makes postsecondary education more affordable. Unlike many other scholarship programs, it is based solely on academic achievement. Qualifying students in the high school Classes of 2000 through 2004 can receive $2,500 to be used at any approved postsecondary educational institution (see Exhibit 1). Beginning with the Class of 2005, qualifying students can receive up to $3,000. The award is available to all public school, public school academy, nonpublic school, and home school students. Funding is provided by a portion of Michigan’s share of the revenue from the November 1998 multi-state settlement agreement with tobacco manufacturers.

Merit Award 2005 Annual Report 2 Academic achievement is currently measured by the Michigan Educational Assessment Program (MEAP) test scores. Students, who achieve a qualifying score on all four high school tests (mathematics, reading, science, and writing) and meet all other eligibility requirements, qualify for the full award amount.

Table 1 Class of 2000 Class of 2003 Class of 2002 Class of 2005 and 2001 and 2004 Total Award $2,500 up to $3,000 $1,250 twice, paid over two consecutive academic years. Maximum payable in first $2,500 once, or $1,250 twice, year cannot exceed 1/2 of total award. Payments paid over two academic years Warning: Failure to use funds in next academic year will result in forfeiture of any balance. $2,500 in Michigan; $1,000 outside (full $2,500 if student attends a U.S. Military Use academy). May use $1,500 balance if student enrolls in a Michigan institution and payments can be made before expiration date. Expires after 7 years 4 years Additional money for No Yes (see Table 2 below) 7th/8th grade MEAP tests?

Beginning with the Class of 2005, all Merit Award Scholarship awardees that tested in the 7th and 8th grade MEAP are eligible for additional funds based on test scores.

Table 2 If the student achieved Bringing their entire Additional funds qualifying results in Michigan Merit Award to

TWO of the four 7th and $250 $2,750 8th grade MEAP tests

THREE of the four 7th and $375 $2,875 8th grade MEAP tests

FOUR of the four 7th and $500 $3,000 8th grade MEAP tests

Eligibility

Qualifying Scores

Current MEAP tests are based on the Content Standards developed by Michigan educators and approved by the State Board of Education in 1995. The MEAP tests have been recognized nationally as valid measurements of academic achievement. Qualifying score levels are determined by the Michigan Merit Award Board.

To be eligible for a Michigan Merit Award, a student must:

• Take all four MEAP high school tests prior to the end of the student's senior year of high school - Writing, Reading, Mathematics and Science. Social Studies and Listening are not required to earn a Michigan Merit Award.

Merit Award 2005 Annual Report 3 • Achieve Level I (“Exceeded Michigan Standards”) or Level II (“Met Michigan Standards”) on all four tests.

• Meet all other eligibility requirements. Alternate Ways to Qualify If a student takes all four of the MEAP tests, achieves Level I or Level II on at least two of the tests, and meets all other eligibility requirements, there are two alternate ways to qualify for an award:

• Alternate "A" - The student also scores at or above the 75th percentile on the ACT or SAT tests. The qualifying ACT and SAT scores may differ year-to-year, based on national norms for each test. Currently, the qualifying score for ACT is a Sum score of 94 or higher (or, a Composite score of 24 or higher); the qualifying score for SAT is 1170 or higher. These scores are not expected to change.

• Alternate "B" - The student also achieves qualifying scores on the ACT WorkKeys job skills assessment test. The Michigan Merit Award Board defines WorkKeys qualifying scores (Class of 2002 and after):

o Reading for Information test (a score of 5)

o Applied Mathematics test (a score of 5)

o Locating Information test (a score of 4)

o Writing test (a score of 3) If a student wishes to qualify through Alternate "A" or "B", all applicable tests must be taken prior to the end of the student's senior year of high school. Other Eligibility Requirements In addition to achieving qualifying scores on the high school MEAP tests (and other authorized tests, as needed), a student must:

• Graduate from a Michigan high school, acquire the GED, or as a Michigan resident graduate from an out-of-state high school.

• Have never been convicted of a felony involving an assault, physical injury or death.

• Enroll at an approved postsecondary educational institution.

• Use award monies for eligible costs.

Merit Award 2005 Annual Report 4 Fiscal Year 2005 in Review

Awards

The number of students from the Class of 2004 receiving Michigan Merit Award Scholarships was 52,827 with a total of $52,256,860 expended in Fiscal Year (FY) 2005.

For the Class of 2005, the Michigan Merit Award Scholarship was given to 52,981 students bringing the total to date up to 258,095 scholarships awarded. Of this number, 41,364 Class of 2005 students have returned a completed certification indicating that they have met all eligibility requirements (as of 10/03/05).

Chart 1

Michigan Merit Awards

53,500 52,827 52,981

52,500 51,914 51,653 51,500

50,500

49,500 48,720

Students 48,500

47,500

46,500

45,500 2001 2002 2003 2004 2005 Class

Note: Awardees by graduating class year will not completely correspond to a fiscal year. Due to appeals and reviews of individual test performances, occasionally awards are given to students of a given graduating class year in a future fiscal year. Awardees by graduating class may also change due to the verification of each student’s actual graduation date.

Participation

For FY 2005 there were 166,981 students who took at least one of the high school MEAP tests (reading, writing, mathematics, science, and/or social studies). This number includes all class years. During any given school year, the tests are administered to students in grade 12. In addition, the following groups of students may also be tested:

Merit Award 2005 Annual Report 5 • Grade 10 students with letter from parent or guardian indicating intent to dual enroll in the winter of their junior year • Grade 12 students who have not yet taken the high school MEAP tests before • Any grade 10, 11, or 12 students who wish to retake the tests for a higher score

Chart 2 Students Taking High School MEAP Test - FY 2005

34,445

Fall Retake Spring 132,536

The number of students taking all four required high school MEAP tests (reading, writing, mathematics, and science) was 112,906. Of these, Chart 3 below shows the number of qualifying scores (Level I or Level II) by test type.

Chart 3

Number of Qualifying Scores

100,000 91,458 90,000

80,000 68,521 68,059 68,919 70,000 60,000 50,000

Students 40,000 30,000 20,000 10,000 0 Reading Writing Mathematics Science

Note: Above counts of unique students are as of 11/21/2005.

The number of students who used either Alternate “A” or “B” to qualify was 3,102.

Merit Award 2005 Annual Report 6

Tuition Incentive Program (TIP)

The Michigan Merit Award Scholarship Act provides funding for the TIP program, which is an incentive program that encourages eligible students to complete high school by providing tuition assistance.

Table 3 Participation Amount Awarded FY 2005 in TIP through TIP Phase I (Associate Degree or Certificate) 7,637 $11,150,862.00 Phase II (Course work beyond Associate 615 $554,620.00 Degree) Total 7,637 $11,705,482.00

Michigan Merit Award Trust Fund

Table 4 shows revenue and expenditures projections for the Michigan Merit Award Trust fund for FY 2006 through FY 2016. Expenditures include program administration costs, Merit awards, TIP awards, and MNS awards.

Table 4 (Dollars in Millions) FY FY FY FY FY FY FY FY FY FY FY 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Revenue* $214.1 $213.9 $231.0 $230.3 $229.5 $228.8 $228.0 $227.3 $226.5 $225.8 $225.1 Expenditures $191.9 $189.8 $178.1 $171.7 $188.9 $206.4 $224.3 $242.7 $261.5 $280.7 $300.4 *Based on State Budget Office estimated Merit Award Trust fund revenues of 11/26/2004.

Michigan Merit Award Board Members

The Michigan Merit Award Scholarship Act states that the board shall consist of 7 members. The members shall include the state treasurer or his or her designee, the superintendent or his or her designee, the director of the Department of Career Development (now part of the Department of Labor and Economic Growth) or his or her designee, and 4 members appointed by the governor with the advice and consent of the senate. The state treasurer or his or her designee shall serve as the chairperson of the board. The term of a member appointed by the governor shall be 4 years. Of the members first appointed by the governor, 2 shall be appointed for 2-year terms and 2 shall be appointed for 4-year terms. The FY 2005 Board members are listed in Table 5.

Table 5 Name Representing Ms. Penelope Bailer General Public Pastor Marvin L. Winans General Public Ms. Carolyn A. Hart General Public Mr. Harold Voorhees General Public Mr. Jay B. Rising, State Treasurer Michigan Department of Treasury Mr. Mike Flanagan, Superintendent of Public Instruction Michigan Department of Education Mr. Robert E. Johnson, Michigan Department of Consumer and Michigan Department of Labor and Economic Growth Industry Services

Merit Award 2005 Annual Report 7 Exhibits

Exhibit 1 Current list of Approved Postsecondary Educational Institutions

Exhibit 2 Public Act 94 of 1999 (Michigan Merit Award Scholarship Act; as amended)

Merit Award 2005 Annual Report 8 Exhibit 1

Michigan Merit Award Approved Post Secondary Institutions

Counts of Approved Institutions

Outside of United States 51 Within Michigan 285 Within United States but Outside of Michigan 1593 Total Count of Approved Institutions 1929

Outside of United States BRIERCREST COLLEGE CARONPORT, SK 50H 05 1 CANADIAN UNIVERSITY COLLEGE LACOMBE, ALBERTA,CAN 1 MCMASTER UNIVERSITY (CANADA) HAMILTON, ON, CANADA 1 ROYAL SCOTTISH ACADEMY OF MUSIC & DRAMA UNITED KINGDOM, SCOT 1 UNIV OF CAPE TOWN CAPETOWN, SOUTH AFRI 1 VANCOUVER FILM SCHOOL VANCOUVER, BC, V6B I 1 COVENANT BIBLE COLLEGE (CANADA) CANADA 1 INTERNATIONAL BUSINESS SCHOOL-BUDAPEST BUDAPEST, HUNGARY 1 NEVE YERUSHALAYIM COLLEGE (ISRAEL) JERUSALEM, ISRAEL 1 ST FRANCIS XAVIER UNIVERSITY ANTIGONISH, NOVA SCO 1 UNIV OF VICTORIA CANADA 1 UNIV OF ZAGREB MEDICAL SCHOOL CROATIA 1 ACADIA UNIVERSITY NOVA SCOTIA CN 1 ALGOMA UNIVERSITY COLLEGE SAULT STE. MARIE, ON CN 1 ALGONQUIN COLLEGE OF APPLIED ARTS/TECH OTTAWA, ONTARIO CN 1 BETHANY BIBLE COLLEGE (CANADA) SUSSEX, NB CN 1 CARLETON UNIVERSITY OTTAWA, ONTARIO CN 1 EMMANUEL BIBLE COLLEGE KITCHENER, ONTARIO CN 1 LETHBRIDGE COMMUNITY COLLEGE LETHBRIDGE CN 1 MCGILL UNIVERSITY (CANADA) MONTREAL, QUEBEC CN 1 ONTARIO COLLEGE OF ART AND DESIGN TORONTO, ONTARIO CN 1 PRAIRIE BIBLE INSTITUTE THREE HILLS, CANADA CN 1 QUEENS UNIVERSITY KINGSTON, ONTARIO CN 1 REDEEMER COLLEGE (CANADA) ANCASTER, ONTARIO CN 1 SAULT COLLEGE OF APPLIED ARTS & TECH SAULT STE. MARIE, ON CN 1 SIMON FRASER UNIVERSITY BURNABY, BC, CN 1 ST STEPHENS UNIVERSITY (CANADA) ST. STEPHEN CN 1 THE KINGS UNIVERSITY COLLEGE (CANADA) EDMONTON, AB CN 1 UNIV OF ALBERTA ALBERTA CN 1 UNIV OF BRITISH COLUMBIA VANCOUVER, BC CN 1 UNIV OF GUELPH GUELPH, ONTARIO CN 1 UNIV OF GUELPH (CANADA)-RIDGETOWN CAMPUS RIDGETOWN, ONTARIO CN 1 UNIV OF TORONTO (CANADA) TORONTO, ONTARIO CN 1 UNIV OF WATERLOO (CANADA) WATERLOO, ONTARIO CN 1 UNIV OF WESTERN ONTARIO, THE (CANADA) LONDON, ONTARIO CN 1 UNIV OF WINDSOR (CANADA) WINDSOR, ONTARIO CN 1 UNIVERSITE DE MONTREAL MONTREAL QUEBEC CN 1 WILFRID LAURIER UNIVERSITY (CANADA) WATERLOO, ONTARIO CN 1 YORK UNIVERSITY (CANADA) NORTH YORK, TORONTO CN 1 FRANKLIN COLLEGE SWITZERLAND 6924 SORENGO SW 1 CENTRAL ST MARTINS (LONDON INSTITUTE) LONDON UK 1

Merit Award 2004-05 Annual Report Page 1 of 34 12/20/2005 LINCOLN COLLEGE-OXFORD (ENGLAND) OXFORD UK 1 LIVERPOOL INSTITUTE FOR PERFORMING ARTS LIVERPPOOL UK 1 RICHMOND COLLEGE (LONDON ENGLAND) SURREY UK 1 ST CLARES, OXFORD (ENGLAND) OXFORD UK 1 UNIV OF EDINBURGH (UK) EDINBURGH UK 1 UNIV OF MANCHESTER MANCHESTER UK 1 UNIV OF NOTTINGHAM (UK) NOTTINGHAM UK 1 UNIV OF SAINT ANDREWS ST. ANDREWS UK 1 UNIV OF SHEFFIELD (UK) SHEFFIELD UK 1 UNIV OF WALES, BANGOR BANGOR, GWYNEDD UK 1 51

Within Michigan

ABC BARTENDING SCHOOLS MADISON HEIGHTS MI 1 ABC CHAPTER CENTRAL MICHIGAN LANSING MI 1 ABC CONSTRUCTION ACADEMY (MIDLAND) MIDLAND MI 1 ACADEMY OF COURT REPORTING CLAWSON MI 1 ADRIAN COLLEGE ADRIAN MI 1 ALBION COLLEGE ALBION MI 1 ALMA COLLEGE ALMA MI 1 ALPENA COMMUNITY COLLEGE ALPENA MI 1 AMERICAN COL OF BEAUTY CULTURE KALAMAZOO MI 1 AMERICAN SCHOOL OF DOG GROOMING WARREN MI 1 AMERICAN TRUCK DRIVING SCHOOL OF MI INC COLDWATER MI 1 AMERICAN WINGS ACADEMY FLINT MI 1 ANDREWS UNIVERSITY BERRIEN SPRINGS MI 1 ANN ARBOR INST OF MASSAGE THERAPY ANN ARBOR MI 1 AQUINAS COLLEGE GRAND RAPIDS MI 1 ARESS NETWORKING ACADEMY SOUTHFIELD MI 1 ASSOCIATED BLDRS & CONTRACTORS OF SE MI MADISON HGTS MI 1 AVE MARIA COLLEGE (YPSILANTI) YPSILANTI MI 1 AVE MARIA SCHOOL OF LAW (ANN ARBOR) ANN ARBOR MI 1 BAKER COLLEGE OF ALLEN PARK ALLEN PARK MI 1 BAKER COLLEGE OF AUBURN HILLS AUBURN HILLS MI 1 BAKER COLLEGE OF CADILLAC CADILLAC MI 1 BAKER COLLEGE OF FLINT FLINT MI 1 BAKER COLLEGE OF JACKSON JACKSON MI 1 BAKER COLLEGE OF MT CLEMENS-CLINTON TWSP CLINTON TOWNSHIP MI 1 BAKER COLLEGE OF MUSKEGON MUSKEGON MI 1 BAKER COLLEGE OF OWOSSO OWOSSO MI 1 BAKER COLLEGE OF PORT HURON PORT HURON MI 1 BANNOW FLORAL SCHOOL UTICA MI 1 BARBER/STYLING COLLEGE INC. (LANSING) LANSING MI 1 BARBIZON SCHOOL OF MICHIGAN SOUTHFIELD MI 1 BAY DE NOC COMMUNITY COLLEGE ESCANABA MI 1 BAY MILLS COMMUNITY COLLEGE BRIMLEY MI 1 BAYSHIRE BEAUTY ACADEMY BAY CITY MI 1 BERZ FLYING SERVICE (MT CLEMENS) MT CLEMENS MI 1 BLUE HERON ACADEMY GRAND RAPIDS MI 1 BLUE WATER COLLEGE OF COSMETOLOGY MARYSVILLE MI 1 BOOKER INST COSMETOLOGY (HUDSONVILLE) HUDSONVILLE MI 1 BOOKER INST COSMETOLOGY (MUSKEGON) MUSKEGON MI 1 BOOKER INST OF COSMETOLOGY (HOLLAND) HOLLAND MI 1 BRIGHTON INST OF COSMETOLOGY BRIGHTON MI 1 BRUNO ACADEMY OF BEAUTY (DEARBORN) DEARBORN MI 1 BURTON ELECTRIC TRAINING ROCKFORD MI 1

Merit Award 2004-05 Annual Report Page 2 of 34 12/20/2005 CADILLAC INST OF COSMETOLOGY CADILLAC MI 1 CALVIN COLLEGE GRAND RAPIDS MI 1 CAREER QUEST LEARNING CENTERS INC EAST LANSING MI 1 CAREERLINE TECH CENTER (HOLLAND, MI) HOLLAND MI 1 CARNEGIE INSTITUTE (TROY, MI) TROY MI 1 CASINOS WILD TAYLOR MI 1 CENTENNIAL AIRCRAFT SERVICES INC BATTLE CREEK MI 1 CENTER FOR HUMANISTIC STUDIES DETROIT MI 1 CENTRAL BIBLE COLL - FARMINGTON HILLS FARMINGTON HILLS MI 1 CENTRAL MICHIGAN UNIVERSITY MOUNT PLEASANT MI 1 CHIC UNIV OF COSMETOLOGY (GRAND RAPIDS) GRAND RAPIDS MI 1 CHIC UNIV OF COSMETOLOGY (PORTAGE) PORTAGE MI 1 CLEARY UNIVERSITY - HOWELL HOWELL MI 1 COLLEGE FOR CREATIVE STUDIES DETROIT MI 1 CONCORDIA UNIVERSITY (MI) ANN ARBOR MI 1 CONLIN - HALLISSEY TRAVEL SCHOOL ANN ARBOR MI 1 CORNERSTONE UNIVERSITY GRAND RAPIDS MI 1 COSMETOLOGY UNIVERSITY - AUBURN AUBURN MI 1 CRANBROOK ACADEMY OF ART BLOOMFIELD HILLS MI 1 DAVENPORT U - CENTRAL (SAGINAW, BAD AXE) SAGINAW MI 1 DAVENPORT U - CENTRAL REG - CARO SAGINAW MI 1 DAVENPORT U - CENTRAL REG - MIDLAND SAGINAW MI 1 DAVENPORT U - EAST REG - FLINT SAGINAW MI 1 DAVENPORT U -WEST (GRAND RAPIDS,HOLLAND) GRAND RAPIDS MI 1 DAVENPORT U. EAST REG - DEARBORN DEARBORN MI 1 DAVENPORT U. EAST REG. - WARREN WARREN MI 1 DAVENPORT U. WEST REG - KALAMAZOO GRAND RAIPDS MI 1 DAVENPORT U. WEST REG - LANSING SAGINAW MI 1 DAVID PRESSLEY PROF SCH OF COSMTLGY ROYAL OAK MI 1 DELTA COLLEGE UNIVERSITY CENTER MI 1 DETROIT BUSINESS INST. DOWNRIVER RIVERVIEW MI 1 DETROIT BUSINESS INSTITUTE - SOUTHFIELD SOUTHFIELD MI 1 DETROIT INSTITUTE OF OPHTHALMOLOGY GROSSE PTE PARK MI 1 DIGITRAIN LTD SOUTHFIELD MI 1 DORSEY SCH OF BUSINESS (MADISON) MADISON HEIGHTS MI 1 DORSEY SCH OF BUSINESS (ROSEVILLE) ROSEVILLE MI 1 DORSEY SCH OF BUSINESS (SOUTHGATE) SOUTHGATE MI 1 DORSEY SCH OF BUSINESS (WAYNE) WAYNE MI 1 DOUGLAS J AVEDA INSTITUTE EAST LANSING MI 1 EASTERN MICHIGAN UNIVERSITY YPSILANTI MI 1 ELSA COOPER INST COURT REPORTING SOUTHFIELD MI 1 EXCEL ACAD OF COSMETOLOGY (KENTWOOD) KENTWOOD MI 1 EXCEL ACAD OF COSMETOLOGY (LANSING) LANSING MI 1 EXCEL ACAD OF COSMETOLOGY (TROY) TROY MI 1 FENTON ACAD OF COSMETOLOGY FENTON MI 1 FERRIS STATE UNIVERSITY BIG RAPIDS MI 1 FINLANDIA UNIVERSITY HANCOCK MI 1 FISERS COLLEGE OF COSMETOLOGY ADRIAN MI 1 FLIGHT 101, LLC WATERFORD MI 1 FLINT INSTITUTE OF BARBERING FLINT MI 1 FLINT SCH OF THERAPEUTIC MASSAGE GRAND BLANC MI 1 FOCUS HOPE INFORMATION TECH. CENTER DETROIT MI 1 FOCUS: HOPE MACHINIST TRAINING INST DETROIT MI 1 FRENCH ACADEMY OF COSMETOLOGY SPRING LAKE MI 1 GALLERY COLLEGE OF BEAUTY CLINTON TWP MI 1 GLEN OAKS COMMUNITY COLLEGE CENTREVILLE MI 1 GOGEBIC COMMUNITY COLLEGE IRONWOOD MI 1 GRACE BIBLE COLLEGE (MI) GRAND RAPIDS MI 1 GRAND RAPIDS COMMUNITY COLLEGE GRAND RAPIDS MI 1

Merit Award 2004-05 Annual Report Page 3 of 34 12/20/2005 GRAND VALLEY STATE UNIVERSITY ALLENDALE MI 1 GREAT LAKES ACADEMY OF HAIR DESIGN PORT HURON MI 1 GREAT LAKES CHRISTIAN COLLEGE LANSING MI 1 GREAT LAKES EMS ACADEMY JENISON MI 1 GREAT LAKES MARITIME ACADEMY TRAVERSE CITY MI 1 GRONDINS COLLEGE OF COSMETOLOGY LAPEER MI 1 GUARDIAN MASSAGE & REFLEXOLOGY PROGRAM STERLING HEIGHTS MI 1 HAIR FORCE ACADEMY INC FLINT MI 1 HEALTH ENRICHMENT CENTER, INC LAPEER MI 1 HENRY FORD COMMUNITY COLLEGE DEARBORN MI 1 HILLSDALE BEAUTY COLLEGE HILLSDALE MI 1 HILLSDALE COLLEGE HILLSDALE MI 1 HOLLOWAY'S REAL ESTATE INSTITUTE LANSING MI 1 HOLLYWOOD SCHOOL OF BEAUTY ALPENA MI 1 HOPE COLLEGE HOLLAND MI 1 HOUGHTON LAKE INST OF COSMETOLOGY HOUGHTON LAKE MI 1 HOWARDS CARO BEAUTY ACADEMY CARO MI 1 HOWELL COLLEGE OF COSMETOLOGY HOWELL MI 1 HURON VALLEY AMBULANCE CENTER FOR EMS ED ANN ARBOR MI 1 IKON OFFICE SOLUTIONS TROY MI 1 IN SESSION ARTS OF COSMETOLOGY SAGINAW MI 1 INSTITUTE OF NATURAL THERAPIES HANCOCK MI 1 INTERNATIONAL ACAD OF DESIGN & TECH (MI) TROY MI 1 IRENES MYOMASSOLOGY INSTITUTE, INC SOUTHFIELD MI 1 ITT TECHNICAL INST (GRAND RAPIDS) GRAND RAPIDS MI 1 ITT TECHNICAL INST (TROY) TROY MI 1 ITT TECHNICAL INSTITUTE (CANTON) CANTON MI 1 JACKSON COMMUNITY COLLEGE JACKSON MI 1 KALAMAZOO COLLEGE KALAMAZOO MI 1 KALAMAZOO CTR FOR HEALING ARTS KALAMAZOO MI 1 KALAMAZOO VALLEY COMMUNITY COLLEGE KALAMAZOO MI 1 KELLOGG COMMUNITY COLLEGE BATTLE CREEK MI 1 KENDALL/FERRIS COLLEGE OF ART AND DESIGN GRAND RAPIDS MI 1 KETTERING UNIVERSITY (MI) FLINT MI 1 KIRTLAND COMMUNITY COLLEGE ROSCOMMON MI 1 L ESPRIT ACADEMY LIVONIA MI 1 LAKE MICHIGAN COLLEGE BENTON HARBOR MI 1 LAKE SUPERIOR STATE UNIVERSITY SAULT STE. MARIE MI 1 LAKEWOOD SCH OF THERAPEUTIC MASSAGE PORT HURON MI 1 LANSING COMMUNITY COLLEGE LANSING MI 1 LAWRENCE TECHNOLOGICAL UNIVERSITY SOUTHFIELD MI 1 LEWIS COLLEGE OF BUSINESS DETROIT MI 1 LIVINGSTON REGIONAL M-TEC HOWELL MI 1 LOCAL 547 STATIONARY ENGINEERS ED FUND DETROIT MI 1 M J MURPHY BEAUTY CLG - MT PLEASANT MOUNT PLEASANT MI 1 MACOMB COMMUNITY COLLEGE WARREN MI 1 MADONNA UNIVERSITY LIVONIA MI 1 MANE STREET ACAD OF HAIR DESIGN (OWOSSO) OWOSSO MI 1 MARQUETTE GEN HOSP SCH RAD TECH MARQUETTE MI 1 MARQUETTE SCHOOL OF THERAPEUTIC MASSAGE MARQUETTE MI 1 MARYGROVE COLLEGE DETROIT MI 1 METRO TECHNICAL INSTITUTE OAK PARK MI 1 MICH INSTITUTE OF THERAPEUTIC MASSAGE HOLLAND MI 1 MICHIGAN ACADEMY OF EMERGENCY SERVICES GARDEN CITY MI 1 MICHIGAN BARBER SCHOOL INC DETROIT MI 1 MICHIGAN CAREER AND TECHNICAL INSTITUTE PLAINWELL MI 1 MICHIGAN COLLEGE OF BEAUTY - MONROE MONROE MI 1 MICHIGAN COLLEGE OF BEAUTY - TROY TROY MI 1 MICHIGAN HVAC VOCATIONAL TRAINING CENTER FERNDALE MI 1

Merit Award 2004-05 Annual Report Page 4 of 34 12/20/2005 MICHIGAN INST OF AVIATION AND TECHNOLOGY BELLEVILLE MI 1 MICHIGAN JEWISH INSTITUTE OAK PARK MI 1 MICHIGAN SCH OF CANINE COSMETOLOGY LANSING MI 1 MICHIGAN SCHOOL OF MYOMASSOLOGY (THE) BERKLEY MI 1 MICHIGAN STATE UNIVERSITY EAST LANSING MI 1 MICHIGAN STATE UNIVERSITY COLLEGE OF LAW EAST LANSING MI 1 MICHIGAN TECHNOLOGICAL UNIV HOUGHTON MI 1 MID MICHIGAN COMMUNITY COLLEGE HARRISON MI 1 MID-MICHIGAN BIBLE INSTITUTE SAGINAW MI 1 MIDWESTERN BAPTIST COLLEGE PONTIAC MI 1 MISS KATIES PLYMOUTH COLLEGE OF BEAUTY CANTON MI 1 MOBILE MEDICAL RESPONSE INC SAGINAW MI 1 MONROE COUNTY COMMUNITY COLLEGE MONROE MI 1 MONTCALM COMMUNITY COLLEGE SIDNEY MI 1 MOTION PICTURE INST OF MICHIGAN TROY MI 1 MOTT COMMUNITY COLLEGE FLINT MI 1 MOUNT HOPE BIBLE TRAINING INSTITUTE LANSING MI 1 MR BELAS SCHOOL OF COSMETOLOGY WARREN MI 1 MUSKEGON COMMUNITY COLLEGE MUSKEGON MI 1 NATL INSTITUTE OF TECHNOLOGY-DEARBORN DEARBORN MI 1 NATL INSTITUTE OF TECHNOLOGY-DETROIT DETROIT MI 1 NATL INSTITUTE OF TECHNOLOGY-SOUTHFIELD SOUTHFIELD MI 1 NATL INSTITUTE OF TECHNOLOGY-WYOMING WYOMING MI 1 NATUROPATHIC INSTITUTE OF THERAPIES & ED MT. PLEASANT MI 1 NEW HORIZONS COMP LEARNING CTR - LIVONIA LIVONIA MI 1 NEW HORIZONS COMP LEARNING CTR-E.LANSING EAST LANSING MI 1 NEW HORIZONS COMP LRNING CTR-GRAND RAPID GRAND RAPIDS MI 1 NEW TRIBES BIBLE INSTITUTE (MI) JACKSON MI 1 NORTH CENTRAL MICHIGAN COLLEGE PETOSKEY MI 1 NORTHEAST MICH SCHOOL OF WILDLIFE ART ALPENA MI 1 NORTHERN MICHIGAN UNIVERSITY MARQUETTE MI 1 NORTHWESTERN MICHIGAN COLLEGE TRAVERSE CITY MI 1 NORTHWESTERN TECHNOLOGICAL INST SOUTHFIELD MI 1 NORTHWOOD UNIVERSITY (MI) MIDLAND MI 1 NUVO COLLEGE OF COSMETOLOGY NORTON SHORES MI 1 OAKLAND COM COL-AUBURN HILLS BLOOMFIELD HILLS MI 1 OAKLAND COM COL-BLOOMFIELD HILLS BLOOMFIELD HILLS MI 1 OAKLAND COM COL-HIGHLAND LAKES/WATERFORD BLOOMFIELD HILLS MI 1 OAKLAND COM COL-ORCHARD RIDGE/FARM HILLS BLOOMFIELD HILLS MI 1 OAKLAND COM COL-ROYAL OAK/SOUTHFIELD BLOOMFIELD HILLS MI 1 OAKLAND UNIVERSITY ROCHESTER MI 1 OLIVET COLLEGE OLIVET MI 1 OLYMPIA CAREER TRAINING INSTITUTE GRAND RAPIDS MI 1 PARAGON SCHOOL OF PET GROOMING JENISON MI 1 PAYNE-PULLIAM SCHOOL - TRADE & COMMERCE DETROIT MI 1 PHLEBOTOMY EDUCATION LLC ALLEN PARK MI 1 PORT HURON COSMETOLOGY COLLEGE WATERFORD MI 1 PORT HURON HOSPITAL SCHOOL OF RADIOLOGY PORT HURON MI 1 RECORDING INSTITUTE OF DETROIT EASTPOINTE MI 1 REFLEXOLOGY INST. MASSAGE & NATUROPATHIC HOWARD CITY MI 1 REFORMED BIBLE COLLEGE GRAND RAPIDS MI 1 REINBOLD FLYING SERVICE, INC SAGINAW MI 1 RENAISSANC ACADEMY OF BEAUTY ESCANABA MI 1 ROBERT B MILLER COLLEGE (THE) BATTLE CREEK MI 1 ROCHESTER COLLEGE ROCHESTER HILLS MI 1 ROSS MEDICAL EDUC CTR - ANN ARBOR ANN ARBOR MI 1 ROSS MEDICAL EDUC CTR - BRIGHTON BRIGHTON MI 1 ROSS MEDICAL EDUC CTR - FLINT FLINT MI 1 ROSS MEDICAL EDUC CTR - GRAND RAPIDS GRAND RAPIDS MI 1

Merit Award 2004-05 Annual Report Page 5 of 34 12/20/2005 ROSS MEDICAL EDUC CTR - LANSING LANSING MI 1 ROSS MEDICAL EDUC CTR - REDFORD REDFORD MI 1 ROSS MEDICAL EDUC CTR - SAGINAW SAGINAW MI 1 SACRED HEART MAJOR SEMINARY DETROIT MI 1 SAGINAW BEAUTY ACADEMY SAGINAW MI 1 SAGINAW VALLEY STATE UNIVERSITY UNIVERSITY CENTER MI 1 SALLY ESSER BEAUTY SCHOOL DEARBORN HEIGHTS MI 1 SCHOOL OF CREATIVE HAIR DESIGN, THE COLDWATER MI 1 SCHOOL OF DESIGNING ARTS IN COSMETOLOGY BATTLE CREEK MI 1 SCHOOLCRAFT COLLEGE LIVONIA MI 1 SHARPS ACADEMY OF HAIRSTYLING INC. GRAND BLANC MI 1 SIENA HEIGHTS UNIVERSITY ADRIAN MI 1 SIGNATURE BEAUTY COLLEGE CLARE MI 1 SOMERSET SCHOOL OF MASSAGE THERAPY FLINT MI 1 SOUTHWESTERN MICHIGAN COLLEGE DOWAGIAC MI 1 SPECS HOWARD SCHOOL OF BROADCAST ARTS SOUTHFIELD MI 1 SPRING ARBOR UNIVERSITY SPRING ARBOR MI 1 SPRING RENEWAL, LLC SAUGATUCK MI 1 ST CLAIR COUNTY COMMUNITY COLLEGE PORT HURON MI 1 ST JOHN HOSP SCH OF RADIOLOGIC TECH (MI) DETROIT MI 1 STANLEY HARRIS SCHOOL OF COSMETOLOGY HOLLAND MI 1 TAWAS AREA ACADEMY OF COSMETOLOGY EAST TAWAS MI 1 TAYLORTOWN SCHOOL OF BEAUTY TAYLOR MI 1 TELT TRAINING SYSTEMS BURTON MI 1 THE LEARNING CENTER OF NORTHERN MICHIGAN PETOSKEY MI 1 THE REAL ESTATE EDUCATION CENTER INC STERLING HEIGHTS MI 1 THOMAS M. COOLEY LAW SCHOOL LANSING MI 1 TRAVEL EDUCATION INSTITUTE SOUTHFIELD MI 1 TRAVERSE BAY AREA CAREER TECH CENTER TRAVERSE CITY MI 1 TRI STATE BEAUTY COLLEGE TAYLOR MI 1 TTC-THE TRAINING CENTER DEARBORN MI 1 TWIN CITY BEAUTY COLLEGE, INC ST JOSEPH MI 1 U.P. ACADEMY OF HAIR DESIGN ESCANABA MI 1 UNIV OF DETROIT MERCY DETROIT MI 1 UNIV OF DETROIT MERCY - DENTAL SCHL DETROIT MI 1 UNIV OF DETROIT MERCY - LAW SCHOOL DETROIT MI 1 UNIV OF MICHIGAN - ANN ARBOR ANN ARBOR MI 1 UNIV OF MICHIGAN - DEARBORN DEARBORN MI 1 UNIV OF MICHIGAN - FLINT FLINT MI 1 UNIV OF MICHIGAN LAW SCHOOL ANN ARBOR MI 1 UNIV OF MICHIGAN MEDICAL SCHOOL ANN ARBOR MI 1 UNIV OF PHOENIX-MICHIGAN CAMPUSES TROY MI 1 UP NORTH SCHOOL OF COSMETOLOGY II SAULT STE. MARIE MI 1 US TRUCK DRIVER TRAINING INC DETROIT MI 1 VALLEY FORGE MILITARY COLLEGE WAYNE MI 1 VIRGINIA FARRELL BEAUTY SCH-FERNDALE FERNDALE MI 1 VIRGINIA FARRELL BEAUTY SCH-LIVONIA LIVONIA MI 1 VIRGINIA FARRELL BEAUTY SCH-ST CLAIR SH SAINT CLAIR SHORES MI 1 VIRGINIA FARRELL BEAUTY SCH-WESTLAND WESTLAND MI 1 WALKER MEDICAL INSTRUCTIONAL SERVICES WALKER MI 1 WALSH COLLEGE OF ACCT & BUS ADMN TROY MI 1 WARREN WOODS VOCATIONAL ADULT EDUCATION WARREN MI 1 WASHTENAW COMMUNITY COLLEGE ANN ARBOR MI 1 WAYNE COUNTY COMMUNITY COLLEGE DETROIT MI 1 WAYNE STARR SCHOOL OF COSMETOLOGY DAVISON MI 1 WAYNE STATE UNIVERSITY DETROIT MI 1 WAYNE STATE UNIVERSITY LAW SCH DETROIT MI 1 WAYNE STATE UNIVERSITY SCH OF MEDICINE DETROIT MI 1 WEST MICHIGAN TRAVEL INSTITUTE GRANDVILLE MI 1

Merit Award 2004-05 Annual Report Page 6 of 34 12/20/2005 WEST SHORE COMMUNITY COLLEGE SCOTTVILLE MI 1 WESTERN MICHIGAN UNIVERSITY KALAMAZOO MI 1 WRIGHT BEAUTY ACADEMY-BATTLE CREEK BATTLE CREEK MI 1 WRIGHT BEAUTY ACADEMY-PORTAGE Portage MI 1 YESHIVA GEDOLAH RABBINICAL COLLEGE OAK PARK MI 1 YESHIVATH BETH YEHUDAH SOUTHFIELD MI 1 285

Within the United States but Outside of Michigan

ALASKA BIBLE INSTITUTE HOMER AK 1 ALASKA PACIFIC UNIVERSITY ANCHORAGE AK 1 SHELDON JACKSON COLLEGE SITKA AK 1 UNIV OF ALASKA - ANCHORAGE ANCHORAGE AK 1 UNIV OF ALASKA - FAIRBANKS FAIRBANKS AK 1 UNIV OF ALASKA SOUTHEAST - JUNEAU JUNEAU AK 1 ALABAMA A&M UNIVERSITY NORMAL AL 1 ALABAMA STATE UNIVERSITY MONTGOMERY AL 1 AUBURN UNIV - MONTGOMERY (AL) MONTGOMERY AL 1 AUBURN UNIVERSITY (AL) AUBURN AL 1 BIRMINGHAM SOUTHERN COLLEGE (AL) BIRMINGHAM AL 1 CHATTAHOOCHEE VALLEY COMMUNITY COLLEGE PHENIX CITY AL 1 FAULKNER STATE COMMUNITY COLLEGE BAY MINETTE AL 1 JACKSONVILLE STATE UNIVERSITY (AL) JACKSONVILLE AL 1 JEFFERSON STATE COMMUNITY COLLEGE BIRMINGHAM AL 1 MARION MILITARY INSTITUTE (AL) MARION AL 1 NORTHEAST ALABAMA COMMUNITY COLLEGE RAINSVILLE AL 1 OAKWOOD COLLEGE (AL) HUNTSVILLE AL 1 SAMFORD UNIVERSITY BIRMINGHAM AL 1 SOUTHERN UNION STATE COMMUNITY COLLEGE WADLEY AL 1 SPRING HILL COLLEGE (AL) MOBILE AL 1 STILLMAN COLLEGE (AL) TUSCALOOSA AL 1 THE MEDICAL INSTITUTE (AL) FOLEY AL 1 TROY STATE UNIVERSITY (AL) TROY AL 1 TUSKEGEE UNIVERSITY (AL) TUSKEGEE AL 1 UNIV OF ALABAMA - BIRMINGHAM BIRMINGHAM AL 1 UNIV OF ALABAMA - HUNTSVILLE HUNTSVILLE AL 1 UNIV OF ALABAMA - TUSCALOOSA TUSCALOOSA AL 1 UNIV OF NORTH ALABAMA FLORENCE AL 1 UNIV OF SOUTH ALABAMA MOBILE AL 1 UNIV OF WEST ALABAMA LIVINGSTON AL 1 ARKANSAS STATE UNIVERSITY STATE UNIVERSITY AR 1 ARKANSAS STATE UNIVERSITY-BEEBE BEEBE AR 1 ARKANSAS TECH UNIVERSITY RUSSELLVILLE AR 1 CENTRAL BAPTIST COLLEGE (AR) CONWAY AR 1 HARDING UNIVERSITY (AR) SEARCY AR 1 JOHN BROWN UNIVERSITY SILOAM SPRINGS AR 1 LYON COLLEGE (AR) BATESVILLE AR 1 SOUTHERN ARKANSAS UNIVERSITY MAGNOLIA AR 1 UNIV OF ARKANSAS - FAYETTEVILLE FAYETTEVILLE AR 1 UNIV OF ARKANSAS - FORT SMITH FORT SMITH AR 1 UNIV OF ARKANSAS - PINE BLUFF PINE BLUFF AR 1 UNIV OF ARKANSAS COMM COL AT BATESVILLE BATESVILLE AR 1 ARIZONA STATE UNIVERSITY TEMPE AZ 1 ARIZONA WESTERN COLLEGE YUMA AZ 1 ARTISTIC BEAUTY COLLEGES/TUCSON PHOENIX AZ 1 CENTRAL ARIZONA COLLEGE COOLIDGE AZ 1 CHANDLER-GILBERT COMMUNITY COLLEGE CHANDLER AZ 1

Merit Award 2004-05 Annual Report Page 7 of 34 12/20/2005 COCONINO CNTY COMM COLL (AZ) FLAGSTAFF AZ 1 COLLINS COLLEGE TEMPE AZ 1 CONSERVATORY RECORDING ARTS & SCIS (AZ) TEMPE AZ 1 DEVRY INST OF TECHNOLOGY (PHOENIX, AZ) PHOENIX AZ 1 GATEWAY COMMUNITY COLL/MARICOPA C C (AZ) PHOENIX AZ 1 GLENDALE COMMUNITY COLLEGE (AZ) GLENDALE AZ 1 GRAND CANYON UNIVERSITY PHOENIX AZ 1 MESA COMMUNITY COLLEGE (AZ) MESA AZ 1 MOHAVE COMMUNITY COLLEGE KINGMAN AZ 1 MOTORCYCLE MECHANICS INST (CLINTON TECH) PHOENIX AZ 1 NATIONAL PERSONAL TRAINING INST (AZ) PHOENIX AZ 1 NORTHERN ARIZONA UNIVERSITY FLAGSTAFF AZ 1 PHOENIX FIRST PASTORS COLLEGE PHOENIX AZ 1 PIMA COMMUNITY COLLEGE (AZ) TUCSON AZ 1 PRESCOTT COLLEGE (AZ) PRESCOTT AZ 1 ROBERTO-VENN SCHOOL OF LUTHIERY (AZ) PHOENIX AZ 1 SCOTTSDALE COMMUNITY COLLEGE (AZ) SCOTTSDALE AZ 1 UNIV OF ADVANCING TECHNOLOGY TEMPE AZ 1 UNIV OF ARIZONA - TUCSON TUCSON AZ 1 UNIVERSAL TECHNICAL INSTITUTE (AZ) AVONDALE AZ 1 YAVAPAI COLLEGE PRESCOTT AZ 1 ACADEMY OF ART COLLEGE (CA) SAN FRANCISCO CA 1 AMERICAN ACADEMY OF DRAMATIC ARTS-WEST HOLLYWOOD CA 1 AMERICAN RIVER COLLEGE (CA) SACRAMENTO CA 1 ART INSTITUTE OF LA SANTA MONICA CA 1 AZUSA PACIFIC UNIVERSITY (CA) AZUSA CA 1 BETHANY COLLEGE (CA) SCOTTS VALLEY CA 1 BIOLA UNIVERSITY (CA) LA MIRADA CA 1 BROOKS COLLEGE (CA) LONG BEACH CA 1 BROOKS INSTITUTE OF PHOTOGRAPHY (CA) SANTA BARBARA CA 1 BUTTE COMMUNITY COLLEGE (CA) OROVILLE CA 1 CALIF BAPTIST UNIV RIVERSIDE CA 1 CALIF COLLEGE OF ARTS & CRAFTS SAN FRANCISCO CA 1 CALIF INSTITUTE OF TECHNOLOGY PASADENA CA 1 CALIF INSTITUTE OF THE ARTS VALENCIA CA 1 CALIF POLYTECHNIC STATE UNIVERSITY SAN LUIS OBISPO CA 1 CALIF STATE POLYTECHNIC UNIV POMONA POMONA CA 1 CALIF STATE UNIV - BAKERSFIELD BAKERSFIELD CA 1 CALIF STATE UNIV - CHICO CHICO CA 1 CALIF STATE UNIV - FRESNO FRESNO CA 1 CALIF STATE UNIV - FULLERTON FULLERTON CA 1 CALIF STATE UNIV - LONG BEACH LONG BEACH CA 1 CALIF STATE UNIV - LOS ANGELES LOS ANGELES CA 1 CALIF STATE UNIV - NORTHRIDGE NORTHRIDGE CA 1 CALIF STATE UNIV - SACRAMENTO SACRAMENTO CA 1 CALIF STATE UNIV - SAN BERNARDINO SAN BERNARDINO CA 1 CALIF STATE UNIV - STANISLAUS TURLOCK CA 1 CHAPMAN UNIVERSITY (CA) ORANGE CA 1 CHRISTIAN HERITAGE COLLEGE EL CAJON CA 1 CLAREMONT MCKENNA COLLEGE (CA) CLAREMONT CA 1 COLEMAN COLLEGE (CA) LA MESA CA 1 COLLEGE OF THE CANYONS (CA) SANTA CLARITA CA 1 COLLEGE OF THE DESERT PALM DESERT CA 1 COLLEGE OF THE REDWOODS EUREKA CA 1 CONCORDIA UNIVERSITY (CA) IRVINE CA 1 COPPER MOUNTAIN COLLEGE JOSHUA TREE CA 1 COSUMNES RIVER COLLEGE SACRAMENTO CA 1 CRAFTON HILLS COLLEGE (CA) YUCAIPA CA 1 CYPRESS COLLEGE (CA) CYPRESS CA 1

Merit Award 2004-05 Annual Report Page 8 of 34 12/20/2005 DE ANZA COLLEGE (CA) CUPERTINO CA 1 EL CAMINO COLLEGE (CA) TORRANCE CA 1 FASHION INST DESIGN & MERCH (CA) LOS ANGELES CA 1 FULLERTON COLLEGE (CA) FULLERTON CA 1 GEMOLOGICAL INSTITUTE OF AMERICA INC. CARLSBAD CA 1 GLENDALE COMMUNITY COLLEGE (CA) GLENDALE CA 1 GOLDEN WEST COLLEGE (CA) HUNTINGTON BEACH CA 1 GROSSMONT-CUYAMACA COMMUNITY COLLEGE DRI EL CAJON CA 1 HARVEY MUDD COLLEGE (CA) CLAREMONT CA 1 HUMBOLDT STATE UNIVERSITY (CA) ARCATA CA 1 IRVINE VALLEY COLLEGE IRVINE CA 1 JOANNE BARON D W BROWN STUDIO SANTA MONICA CA 1 LA SIERRA UNIVERSITY RIVERSIDE CA 1 LAGUNA COLLEGE OF ART & DESIGN LAGUNA BEACH CA 1 LAKE TAHOE COMM COLLEGE S. LAKE TAHOE CA 1 LASSEN COMMUNITY COLLEGE SUSANVILLE CA 1 LOS ANGELES HARBOR COLLEGE WILMINGTON CA 1 LOS ANGELES PIERCE COLLEGE WILMINGTON CA 1 LOS ANGELES RECORDING WORKSHOP NORTH HOLLYWOOD CA 1 LOYOLA MARYMOUNT UNIVERSITY (CA) LOS ANGELES CA 1 MASTER S COLLEGE (THE) (CALIFORNIA) SANTA CLARITA CA 1 MENLO COLLEGE ATHERTON CA 1 MILLS COLLEGE (CA) OAKLAND CA 1 MIRA COSTA COLLEGE OCEANSIDE CA 1 MUSICIANS INSTITUTE (CA) HOLLYWOOD CA 1 NAPA VALLEY COMMUNITY COLLEGE NAPA CA 1 NATIONAL UNIVERSITY LA JOLLA CA 1 OCCIDENTAL COLLEGE (CA) LOS ANGELES CA 1 ORANGE COAST COLLEGE (CA) COSTA MESA CA 1 OTIS COLLEGE OF ART AND DESIGN LOS ANGELES CA 1 PACIFIC UNION COLLEGE (CA) ANGWIN CA 1 PALOMAR COLLEGE (CA) SAN MARCUS CA 1 PEPPERDINE UNIVERSITY (CA) MALIBU CA 1 PITZER COLLEGE (CA) CLAREMONT CA 1 POINT LOMA NAZARENE UNIVERSITY (CA) SAN DIEGO CA 1 POMONA COLLEGE (CA) CLAREMONT CA 1 POWAY ACADEMY OF HAIR DESIGN POWAY CA 1 RIVERSIDE COMMUNITY COLLEGE RIVERSIDE CA 1 SACRAMENTO CITY COLLEGE SACRAMENTO CA 1 SADDLEBACK COLLEGE MISSION VIEJO CA 1 SAN DIEGO MESA COLLEGE (CA) SAN DIEGO CA 1 SAN DIEGO STATE UNIVERSITY (CA) SAN DIEGO CA 1 SAN FRANCISCO STATE UNIVERSITY SAN FRANCISCO CA 1 SAN JOSE STATE UNIVERSITY (CA) SAN JOSE CA 1 SANTA BARBARA CITY COLLEGE (CA) SANTA BARBARA CA 1 SANTA CLARA UNIVERSITY (CA) SANTA CLARA CA 1 SANTA MONICA COLLEGE (CA) SANTA MONICA CA 1 SCRIPPS COLLEGE (CA) CLAREMONT CA 1 SIERRA COMMUNITY COLLEGE ROCKLIN CA 1 SOKA UNIVERSITY OF AMERICA ALISO VIEJO CA 1 SONOMA STATE UNIVERSITY (CA) ROHNERT PARK CA 1 SOUTHWESTERN COLLEGE (CA) CHULA VISTA CA 1 ST MARYS COLLEGE OF CALIFORNIA MORAGA CA 1 STANFORD UNIVERSITY (CA) STANFORD CA 1 TAFT COLLEGE-WEST KERN COMM COL (CA) TAFT CA 1 THOMAS AQUINAS COLLEGE (CA) SANTA PAULA CA 1 UNIV OF CALIFORNIA (UCLA) LOS ANGELES CA 1 UNIV OF CALIFORNIA - BERKELEY BERKELEY CA 1 UNIV OF CALIFORNIA - DAVIS DAVIS CA 1

Merit Award 2004-05 Annual Report Page 9 of 34 12/20/2005 UNIV OF CALIFORNIA - IRVINE IRVINE CA 1 UNIV OF CALIFORNIA - RIVERSIDE RIVERSIDE CA 1 UNIV OF CALIFORNIA - SAN DIEGO LA JOLLA CA 1 UNIV OF CALIFORNIA - SANTA BARBARA SANTA BARBARA CA 1 UNIV OF CALIFORNIA - SANTA CRUZ SANTA CRUZ CA 1 UNIV OF REDLANDS (CA) REDLANDS CA 1 UNIV OF SAN DIEGO (CA) SAN DIEGO CA 1 UNIV OF SAN FRANCISCO (CA) SAN FRANCISCO CA 1 UNIV OF SOUTHERN CALIFORNIA LOS ANGELES CA 1 UNIV OF THE PACIFIC (CA) STOCKTON CA 1 VANGUARD UNIV OF SOUTHERN CALIFORNIA COSTA MESA CA 1 VENTURA COUNTY COMMUNITY COLLEGE (CA) CAMARILLO CA 1 WEST HILLS COMMUNITY COLLEGE (CA) COALINGA CA 1 WESTMONT COLLEGE (CA) SANTA BARBARA CA 1 WESTWOOD COLLEGE (ANAHEIM) ANAHEIM CA 1 WHITTIER COLLEGE (CA) WHITTIER CA 1 WOODBURY UNIVERSITY (CA) BURBANK CA 1 ADAMS STATE COLLEGE (CO) ALAMOSA CO 1 ARAPAHOE COMMUNITY COLLEGE (CO) LITTLETON CO 1 ART INSTITUTE OF COLORADO DENVER CO 1 BEL-REA INSTITUTE OF ANIMAL TECHNOLOGY DENVER CO 1 COLORADO CHRISTIAN UNIVERSITY (LAKEWOOD) LAKEWOOD CO 1 COLORADO COLLEGE (COLORADO SPRINGS) COLORADO SPRINGS CO 1 COLORADO INSTITUTE OF MASSAGE THERAPY COLORADO SPRINGS CO 1 COLORADO MOUNTAIN COLL (GLENWOOD SPRGS) GLENWOOD SPRINGS CO 1 COLORADO SCHOOL OF MINES (GOLDEN) GOLDEN CO 1 COLORADO STATE UNIVERSITY (FT COLLINS) FORT COLLINS CO 1 COMMUNITY COLLEGE OF AURORA (CO) AURORA CO 1 DENVER SCHOOL OF MASSAGE THERAPY WESTMINSTER CO 1 FORT LEWIS COLLEGE (CO) DURANGO CO 1 FRONT RANGE COMMUNITY COL - LARIMER (CO) FT COLLINS CO 1 FRONT RANGE COMMUNITY COLLEGE (CO) WESTMINSTER CO 1 MESA STATE COLLEGE (CO) GRAND JUNCTION CO 1 METROPOLITAN STATE CLG OF DENVER (CO) DENVER CO 1 NAROPA UNIVERSITY (CO) BOULDER CO 1 PIKES PEAK COMMUNITY COLLEGE (CO) COLORADO SPRINGS CO 1 RED ROCKS COMMUNITY COLLEGE LAKEWOOD CO 1 REGIS UNIVERSITY (CO) DENVER CO 1 UNITED STATES AIR FORCE ACADEMY (CO) COLORADO SPRINGS CO 1 UNIV OF COLORADO - BOULDER BOULDER CO 1 UNIV OF COLORADO - COLO SPRINGS COLORADO SPRINGS CO 1 UNIV OF COLORADO - DENVER DENVER CO 1 UNIV OF DENVER (CO) DENVER CO 1 UNIV OF NORTHERN COLORADO GREELEY CO 1 WESTERN STATE COLLEGE (CO) GUNNISON CO 1 WESTWOOD COLLEGE OF TECHNOLOGY (CO) DENVER CO 1 ASNUNTUCK COMMUNITY COLLEGE ENFIELD CT 1 CONNECTICUT COLLEGE NEW LONDON CT 1 FAIRFIELD UNIVERSITY FAIRFIELD CT 1 GATEWAY COMMUNITY COLLEGE NEW HAVEN CT 1 QUINNIPIAC UNIVERSITY HAMDEN CT 1 SACRED HEART UNIVERSITY (CT) FAIRFIELD CT 1 SOUTHERN CONNECTICUT STATE UNIVERSITY NEW HAVEN CT 1 TRINITY COLLEGE (CT) HARTFORD CT 1 UNITED STATES COAST GUARD ACADEMY (CT) NEW LONDON CT 1 UNIV OF CONNECTICUT - STORRS STORRS CT 1 UNIV OF HARTFORD (CT) WEST HARTFORD CT 1 UNIV OF NEW HAVEN WEST HAVEN CT 1 WESLEYAN UNIVERSITY (CT) MIDDLETOWN CT 1

Merit Award 2004-05 Annual Report Page 10 of 34 12/20/2005 WESTERN CONNECTICUT STATE UNIV DANBURY CT 1 YALE UNIVERSITY (CT) NEW HAVEN CT 1 AMERICAN UNIVERSITY (WASHINGTON DC) WASHINGTON DC 1 CATHOLIC UNIV OF AMERICA (WASHINGTON DC) WASHINGTON DC 1 CORCORAN COLLEGE OF ART & DESIGN (DC) WASHINGTON DC 1 GALLAUDET UNIVERSITY (WASHINGTON DC) WASHINGTON DC 1 GEORGE WASHINGTON UNIV (WASHINGTON DC) WASHINGTON DC 1 GEORGETOWN UNIVERSITY (WASHINGTON DC) WASHINGTON DC 1 HOWARD UNIVERSITY (WASHINGTON DC) WASHINGTON DC 1 TRINITY COLLEGE (WASHINGTON DC) WASHINGTON DC 1 DELAWARE STATE UNIVERSITY DOVER DE 1 DELAWARE TECH & CMTY CLG-STANTON/WLM WILMINGTON DE 1 UNIV OF DELAWARE NEWARK DE 1 A.M.I., INC. (FL) DAYTONA BEACH FL 1 ACADEMY OF HEALING ARTS (FL) LAKE WORTH FL 1 ART INSTITUTE OF FT LAUDERDALE FT LAUDERDALE FL 1 AUDIO RECORDING TECHNOLOGY INSTITUTE ORLANDO FL 1 BARRY UNIVERSITY (FL) MIAMI SHORES FL 1 BETHUNE-COOKMAN COLLEGE (FL) DAYTONA BEACH FL 1 BREVARD COMMUNITY COLLEGE COCOA FL 1 BROWARD COMMUNITY COLL - CENTRAL (FL) DAVIE FL 1 BROWNSVILLE REVIVAL SCH OF MINISTRY (FL) PENSACOLA FL 1 CLEARWATER CHRISTIAN COLLEGE (FL) CLEARWATER FL 1 CLINTON TECHNICAL INSTITUTE ORLANDO FL 1 COMAIR AVIATION ACADEMY (FL) SANFORD FL 1 DAYTONA BEACH COMMUNITY COLLEGE DAYTONA BEACH FL 1 DELTA CONNECTION ACADEMY (FL) SANFORD FL 1 ECKERD COLLEGE (FL) ST PETERSBURG FL 1 EDISON COMMUNITY COLLEGE FORT MYERS FL 1 EMBRY RIDDLE AERONAUTICAL UNIV-AZ DAYTONA BEACH FL 1 EMBRY RIDDLE AERONAUTICAL UNIV-FL DAYTONA BEACH FL 1 FASHION FOCUS HAIR ACADEMY (FL) SARASOTA FL 1 FLAGLER COLLEGE (FL) ST. AUGUSTINE FL 1 FLIGHT SAFETY ACADEMY VERO BEACH FL 1 FLORIDA A & M UNIVERSITY TALLAHASSEE FL 1 FLORIDA ATLANTIC UNIVERSITY (BOCA RATON) BOCA RATON FL 1 FLORIDA CHRISTIAN COLLEGE INC KISSIMMEE FL 1 FLORIDA COLLEGE (TEMPLE TERRACE) TEMPLE TERRACE FL 1 FLORIDA COMMUNITY COLG AT JACKSONVILLE JACKSONVILLE FL 1 FLORIDA GULF COAST UNIVERSITY (FT MYERS) FORT MYERS FL 1 FLORIDA INST OF TECHNOLOGY (MELBOURNE) MELBOURNE FL 1 FLORIDA INTL UNIV (MIAMI)--FINANCIAL AID MIAMI FL 1 FLORIDA KEYS COMMUNITY COLLEGE KEY WEST FL 1 FLORIDA MEMORIAL UNIV MIAMI FL 1 FLORIDA SOUTHERN COLLEGE (LAKELAND) LAKELAND FL 1 FLORIDA STATE UNIVERSITY TALLAHASSEE FL 1 FULL SAIL REAL WORLD EDUCATION (FL) WINTER PARK FL 1 GOLF ACADEMY OF THE SOUTH (THE) ALTAMONTE SPRINGS FL 1 HILLSBOROUGH COMMUNITY COLLEGE (FL) TAMPA FL 1 INDIAN RIVER COMMUNITY COLLEGE FORT PIERCE FL 1 INTERNATIONAL ACAD DESIGN & TECH (FL) TAMPA FL 1 JACKSONVILLE UNIVERSITY (FL) JACKSONVILLE FL 1 JOHNSON & WALES UNIVERSITY (FL) N. MIAMI FL 1 LAKE SUMTER COMMUNITY COLLEGE LEESBURG FL 1 LYNN UNIVERSITY (FL) BOCA RATON FL 1 MANATEE COMMUNITY COLLEGE BRADENTON FL 1 MIAMI INT UNIV OF ART AND DESIGN MIAMI FL 1 MOTORCYCLE AND MARINE MECHANICAL INST ORLANDO FL 1 NATIONAL AVIATION ACADEMY CLEARWATER FL 1

Merit Award 2004-05 Annual Report Page 11 of 34 12/20/2005 NORTHWOOD UNIVERSITY (FL) WEST PALM BEACH FL 1 NOVA SOUTHEASTERN UNIVERSITY (FL) FT LAUDERDALE FL 1 OKALOOSA WALTON COMMUNITY COLLEGE (FL) NICEVILLE FL 1 PALM BEACH ATLANTIC COLLEGE (FL) WEST PALM BEACH FL 1 PALM BEACH COMMUNITY COLLEGE LAKE WORTH FL 1 PASCO-HERNANDO COMMUNITY COLLEGE NEW PORT RICHEY FL 1 PENSACOLA CHRISTIAN COLLEGE (FL) PENSACOLA FL 1 PENSACOLA JUNIOR COLLEGE (FL) PENSACOLA FL 1 PINELLAS TECHNICAL EDUCATION CENTER CLEARWATER FL 1 RINGLING SCHOOL OF ART AND DESIGN SARASOTA FL 1 ROLLINS COLLEGE (FL) WINTER PARK FL 1 SANTA FE COMMUNITY COLLEGE GAINESVILLE FL 1 SEMINOLE COMMUNITY COLLEGE SANFORD FL 1 SHERIDAN VOCATIONAL CENTER (FL) HOLLYWOOD FL 1 SOUTH FLORIDA COMMUNITY COLLEGE AVON PARK FL 1 SOUTHEASTERN CLG ASSEMBLIES OF GOD (FL) LAKELAND FL 1 SOUTHWEST FLORIDA COLLEGE FORT MYERS FL 1 ST JOHNS RIVER COMMUNITY COLLEGE PALATKA FL 1 ST PETERSBURG JUNIOR COLLEGE (FL) ST PETERSBURG FL 1 ST THOMAS UNIVERSITY MIAMI FL 1 STETSON UNIVERSITY (FL) DELAND FL 1 SUNCOAST CENTER FOR NATIONAL HEALTH (FL) TAMPA FL 1 TALLAHASSEE COMMUNITY COLLEGE (FL) TALLAHASSEE FL 1 TRINITY BAPTIST COLLEGE (FL) JACKSONVILLE FL 1 TRINITY COLLEGE (FL) NEW PORT RICHEY FL 1 UNIV OF CENTRAL FLORIDA ORLANDO FL 1 UNIV OF FLORIDA GAINESVILLE FL 1 UNIV OF MIAMI (FL) CORAL GABLES FL 1 UNIV OF NORTH FLORIDA JACKSONVILLE FL 1 UNIV OF SOUTH FLORIDA - ST PETERSBURG TAMPA FL 1 UNIV OF SOUTH FLORIDA - TAMPA TAMPA FL 1 UNIV OF TAMPA (FL) TAMPA FL 1 UNIV OF WEST FLORIDA PENSACOLA FL 1 VALENCIA COMMUNITY COLLEGE (FL) ORLANDO FL 1 WEBBER COLLEGE BABSON PARK FL 1 ALBANY STATE UNIVERSITY (GA) ALBANY GA 1 AMERICAN INTERCONTINENTAL UNIVERSITY ATLANTA GA 1 ARMSTRONG ATLANTIC STATE UNIV (GA) SAVANNAH GA 1 ART INSTITUTE OF ATLANTA (GA) ATLANTA GA 1 ATHENS AREA TECHNICAL INST (GA) ATHENS GA 1 ATLANTA INSTITUTE OF MUSIC NORCROSS GA 1 AUGUSTA STATE UNIVERSITY (GA) AUGUSTA GA 1 BAUDER COLLEGE ATLANTA GA 1 BERRY COLLEGE (GA) MT BERRY GA 1 CENTRAL GEORGIA TECHNICAL COLLEGE MACON GA 1 CHATTAHOOCHEE TECHNICAL COLLEGE MARIETTA GA 1 CLARK ATLANTA UNIVERSITY (GA) ATLANTA GA 1 COLUMBUS STATE UNIVERSITY (GA) COLUMBUS GA 1 COVENANT COLLEGE (GA) LOOKOUT MOUNTAIN GA 1 DEVRY INSTIT (DECATUR & ALPHARETTA) DECATUR GA 1 EMMANUEL COLLEGE (GA) FRANKLIN SPRINGS GA 1 EMORY UNIVERSITY (GA) ATLANTA GA 1 GAINESVILLE COLLEGE GAINESVILLE GA 1 GEORGIA HIGHLANDS COLLEGE ROME GA 1 GEORGIA INSTITUTE OF TECHNOLOGY ATLANTA GA 1 GEORGIA PERIMETER-LAWRENCEVILLE/CLARKSTO CLARKSTON GA 1 GEORGIA SOUTHERN UNIVERSITY STATESBORO GA 1 GEORGIA STATE UNIVERSITY ATLANTA GA 1 GORDON COLLEGE (GA) BARNESVILLE GA 1

Merit Award 2004-05 Annual Report Page 12 of 34 12/20/2005 GWINNETT TECHNICAL COLLEGE LAWRENCEVILLE GA 1 KENNESAW STATE UNIVERSITY (GA) KENNESAW GA 1 LANIER TECHNICAL COLLEGE (GA) OAKWOOD GA 1 LIFE UNIVERSITY (GA) MARIETTA GA 1 MACON STATE COLLEGE MACON GA 1 MERCER UNIVERSITY (GA) MACON GA 1 MOREHOUSE COLLEGE (GA) ATLANTA GA 1 MORRIS BROWN COLLEGE (GA) ATLANTA GA 1 OGLETHORPE UNIVERSITY (GA) ATLANTA GA 1 PIEDMONT COLLEGE (GA) DEMOREST GA 1 SAVANNAH COLLEGE OF ART AND DESIGN (GA) SAVANNAH GA 1 SAVANNAH STATE UNIVERSITY (GA) SAVANNAH GA 1 SAVANNAH TECHNICAL COLLEGE SAVANNAH GA 1 SOUTH UNIVERSITY (GA) SAVANNAH GA 1 SOUTHEASTERN TECHNICAL COLLEGE (GA) VIDALIA GA 1 SPELMAN COLLEGE (GA) ATLANTA GA 1 STATE UNIVERSITY OF WEST GEORGIA CARROLITON GA 1 TOCCOA FALLS COLLEGE TACCOA FALLS GA 1 UNIV OF GEORGIA ATHENS GA 1 VALDOSTA STATE UNIVERSITY (GA) VALDOSTA GA 1 BRIGHAM YOUNG UNIV-HAWAII CAMPUS LAIE HI 1 HAWAII PACIFIC UNIVERSITY HONOLULU HI 1 HONOLULU SCHOOL OF MASSAGE HONOLULU HI 1 KAPIOLANI COMMUNITY COLLEGE HONOLULU HI 1 LEEWARD COM COL - UNIV OF HAWAII PEARL CITY HI 1 MAUI COMMUNITY COLLEGE (HI) KAHULUI HI 1 UNIV OF HAWAII - HILO HILO HI 1 UNIV OF HAWAII - MANOA HONOLULU HI 1 WINDWARD COMMUNITY COLLEGE KANEOHE HI 1 BUENA VISTA UNIVERSITY STORM LAKE IA 1 CENTRAL COLLEGE (IA) PELLA IA 1 COE COLLEGE CEDAR RAPIDS IA 1 CORNELL COLLEGE (IA) MOUNT VERNON IA 1 DIVINE WORD COLLEGE (IA) EPWORTH IA 1 DORDT COLLEGE (IA) SIOUX CENTER IA 1 DRAKE UNIVERSITY (IA) DES MOINES IA 1 EMMAUS BIBLE COLLEGE (IA) DUBUQUE IA 1 FAITH BAPTIST BIBLE CLG & THEOL SEM (IA) ANKENY IA 1 GRACELAND UNIVERSITY (IA) LAMONI IA 1 GRINNELL COLLEGE (IA) GRINNELL IA 1 INDIAN HILLS COM COL - OTTUMWA CAMPUS OTTUMWA IA 1 IOWA CENTRAL COMMUNITY COLL (FORT DODGE) FORT DODGE IA 1 IOWA STATE UNIVERSITY AMES IA 1 IOWA WESTERN COMM COLLEGE COUNCIL BLUFFS IA 1 KAPLAN UNIVERSITY (IA) DAVENPORT IA 1 KIRKWOOD COMMUNITY COLL (IA) CEDAR RAPIDS IA 1 LORAS COLLEGE DUBUQUE IA 1 LUTHER COLLEGE (IA) DECORAH IA 1 MAHARISHI UNIV OF MANAGEMENT (IA) FAIRFIELD IA 1 MARSHALLTOWN COMMUNITY COLLEGE (IA) MARSHALLTOWN IA 1 MORNINGSIDE COLLEGE SIOUX CITY IA 1 NORTH IOWA AREA COMMUNITY COLLEGE MASON CITY IA 1 NORTHEAST IOWA COMMUNITY COLLEGE CALMAR IA 1 NORTHWESTERN COLLEGE (IA) ORANGE CITY IA 1 SCOTT COMMUNITY COLLEGE BETTENDORF IA 1 SIMPSON COLLEGE (IA) INDIANOLA IA 1 UNIV OF DUBUQUE (IA) DUBUQUE IA 1 UNIV OF IOWA IOWA CITY IA 1 UNIV OF NORTHERN IOWA CEDAR FALLS IA 1

Merit Award 2004-05 Annual Report Page 13 of 34 12/20/2005 UPPER IOWA UNIVERSITY FAYETTE IA 1 VENNARD COLLEGE UNIVERSITY PARK IA 1 WARTBURG COLLEGE (IA) WAVERLY IA 1 WILLIAM PENN COLLEGE (IA) OSKALOOSA IA 1 ALBERTSON COLLEGE OF IDAHO CALDWELL ID 1 BOISE STATE UNIVERSITY (ID) BOISE ID 1 BRIGHAM YOUNG UNIVERSITY - IDAHO REXBURG ID 1 LEWIS-CLARK STATE COLLEGE (ID) LEWISTON ID 1 NORTHWEST NAZARENE UNIVERSITY NAMPA ID 1 UNIV OF IDAHO MOSCOW ID 1 AUGUSTANA COLLEGE (IL) ROCK ISLAND IL 1 AURORA UNIVERSITY (IL) AURORA IL 1 BENEDICTINE UNIVERSITY LISLE IL 1 BLACK HAWK COLLEGE MOLINE IL 1 BRADLEY UNIVERSITY (IL) PEORIA IL 1 CAREER COLLEGES OF CHICAGO CHICAGO IL 1 CHICAGO SCHOOL OF MASSAGE THERAPY CHICAGO IL 1 CHICAGO STATE UNIVERSITY (IL) CHICAGO IL 1 COLLEGE OF DUPAGE (IL) GLEN ELLYN IL 1 COLUMBIA COLLEGE (IL) CHICAGO IL 1 CONCORDIA UNIVERSITY (IL) RIVER FOREST IL 1 COOKING AND HOSPITALITY INST OF CHICAGO CHICAGO IL 1 DANVILLE AREA COMMUNITY COLLEGE Danville IL 1 DEPAUL UNIVERSITY (IL) CHICAGO IL 1 DEVRY INST OF TECHNOLOGY (ADDISON, IL) ADDISON IL 1 DEVRY INST OF TECHNOLOGY (CHICAGO, IL) CHICAGO IL 1 DOMINICAN UNIVERSITY (IL) RIVER FOREST IL 1 EASTERN ILLINOIS UNIVERSITY CHARLESTON IL 1 EDUCATORS OF BEAUTY STERLING IL 1 ELMHURST COLLEGE (IL) ELMHURST IL 1 EUREKA COLLEGE (IL) EUREKA IL 1 GREENVILLE COLLEGE (IL) GREENVILLE IL 1 HAIR PROFESSIONALS ACADEMY (IL) WHEATON IL 1 HAROLD WASHINGTON COLLEGE (IL) CHICAGO IL 1 HARRINGTON INST OF INTERIOR DESIGN CHICAGO IL 1 HARRY S TRUMAN COLLEGE (IL) CHICAGO IL 1 HEBREW THEOLOGICAL COLLEGE SKOKIE IL 1 ILLINOIS CENTRAL COLLEGE EAST PEORIA IL 1 ILLINOIS COLLEGE JACKSONVILLE IL 1 ILLINOIS INSTITUTE OF ART - CHICAGO CHICAGO IL 1 ILLINOIS INSTITUTE OF ART - SCHAUMBURG SCHAUMBURG IL 1 ILLINOIS INSTITUTE OF TECHNOLOGY CHICAGO IL 1 ILLINOIS STATE UNIVERSITY NORMAL IL 1 ILLINOIS WESLEYAN UNIV BLOOMINGTON IL 1 INTERNATIONAL ACAD OF DESIGN & TECH (IL) CHICAGO IL 1 JOLIET JUNIOR COLLEGE JOLIET IL 1 JUDSON COLLEGE (IL) ELGIN IL 1 KENDALL COLLEGE (IL) EVANSTON IL 1 KNOX COLLEGE (IL) GALESBURG IL 1 LAKE FOREST COLLEGE (IL) LAKE FOREST IL 1 LAKE LAND COLLEGE (IL) MATTOON IL 1 LEWIS UNIVERSITY (IL) ROMEOVILLE IL 1 LINCOLN CHRISTIAN COLLEGE AND SEMINARY LINCOLN IL 1 LINCOLN TRAIL COLLEGE ROBINSON IL 1 LOYOLA UNIVERSITY - CHICAGO (IL) CHICAGO IL 1 MACMURRAY COLLEGE JACKSONVILLE IL 1 MCKENDREE COLLEGE LEBANON IL 1 MILLIKIN UNIVERSITY (IL) DECATUR IL 1 MONMOUTH COLLEGE (IL) MONMOUTH IL 1

Merit Award 2004-05 Annual Report Page 14 of 34 12/20/2005 MOODY BIBLE INSTITUTE (IL) CHICAGO IL 1 MORAINE VALLEY COMMUNITY COLLEGE (IL) PALOS HILLS IL 1 NATIONAL LOUIS UNIVERSITY WHEELING IL 1 NORTH CENTRAL COLLEGE (IL) NAPERVILLE IL 1 NORTH PARK UNIVERSITY (IL) CHICAGO IL 1 NORTHERN ILLINOIS UNIVERSITY DE KALB IL 1 NORTHWESTERN BUSINESS COLLEGE (IL) ROSEMONT IL 1 NORTHWESTERN UNIV (IL) EVANSTON IL 1 OLIVET NAZARENE UNIVERSITY (IL) BOURBONNAIS IL 1 PARKLAND COLLEGE CHAMPAIGN IL 1 PIVOT POINT INTERNATIONAL BEAUTY SCHOOL EVANSTON IL 1 PRAIRIE STATE COLLEGE (IL) CHICAGO HEIGHTS IL 1 QUINCY UNIVERSITY QUINCY IL 1 REND LAKE COLLEGE INA IL 1 RICHLAND COMMUNITY COLLEGE DECATUR IL 1 ROBERT MORRIS COLLEGE (IL) CHICAGO IL 1 ROCKFORD COLLEGE (IL) ROCKFORD IL 1 ROOSEVELT UNIVERSITY (IL) CHICAGO IL 1 SCHOOL OF ART INSTITUTE OF CHICAGO (IL) CHICAGO IL 1 SOUTHEASTERN ILLINOIS COLLEGE HARRISBURG IL 1 SOUTHERN ILLINOIS UNIV - CARBONDALE CARBONDALE IL 1 SPRINGFIELD COLLEGE IN ILLINOIS SPRINGFIELD IL 1 ST XAVIER UNIVERSITY (IL) CHICAGO IL 1 TRINITY CHRISTIAN COLLEGE (IL) PALOS HEIGHTS IL 1 TRINITY INTERNATIONAL UNIVERSITY (IL) DEERFIELD IL 1 TRITON COLLEGE (IL) RIVER GROVE IL 1 UNIV OF CHICAGO (IL) CHICAGO IL 1 UNIV OF ILLINOIS - CHICAGO (IL) CHICAGO IL 1 UNIV OF ILLINOIS - URBANA-CHAMPAIGN (IL) CHAMPAIGN IL 1 UNIVERSAL TECHNICAL INSTITUTE (IL) GLENDALE HEIGHTS IL 1 VANDER COOK COLLEGE OF MUSIC (IL) CHICAGO IL 1 WABASH VALLEY COLLEGE-IL EASTERN COM COL OLNEY IL 1 WAUBONSEE COMMUNITY COLLEGE (IL) SUGAR GROVE IL 1 WESTERN ILLINOIS UNIVERSITY MACOMB IL 1 WESTWOOD COLLEGE OF TECH (DUPAGE) WOODRIDGE IL 1 WESTWOOD COLLEGE OF TECH (O HARE) SCHILLER PARK IL 1 WHEATON COLLEGE (IL) WHEATON IL 1 WILLIAM RAINEY HARPER COLLEGE (IL) PALATINE IL 1 ANDERSON UNIVERSITY (IN) ANDERSON IN 1 BALL STATE UNIVERSITY (IN) MUNCIE IN 1 BETHEL COLLEGE (IN) MISHAWAKA IN 1 BUTLER UNIVERSITY (IN) INDIANAPOLIS IN 1 CENTR FOR VITAL LIV SCHL OF MASSAGE THER FORT WAYNE IN 1 CROSSROADS BIBLE COLLEGE INDIANAPOLIS IN 1 DAVENPORT COLLEGE OF GRANGER (IN) GRANGER IN 1 DEPAUW UNIVERSITY (IN) GREENCASTLE IN 1 EARLHAM COLLEGE (IN) RICHMOND IN 1 FRANKLIN COLLEGE (IN) FRANKLIN IN 1 GOSHEN COLLEGE (IN) GOSHEN IN 1 GRACE COLLEGE & THEO SEMINARY (IN) WINONA LAKE IN 1 HANOVER COLLEGE (IN) HANOVER IN 1 HOLY CROSS COLLEGE (IN) NOTRE DAME IN 1 HUNTINGTON COLLEGE (IN) HUNTINGTON IN 1 INDIANA INSTITUTE OF TECHNOLOGY FORT WAYNE IN 1 INDIANA STATE UNIVERSITY TERRE HAUTE IN 1 INDIANA UNIV SOUTHEAST (NEW ALBANY) NEW ALBANY IN 1 INDIANA UNIV-BLOOMINGTON BLOOMINGTON IN 1 INDIANA UNIV-PURDUE UNIV FORT WAYNE FORT WAYNE IN 1 INDIANA UNIV-PURDUE UNIV INDPLS-SCHLRSHP INDIANAPOLIS IN 1

Merit Award 2004-05 Annual Report Page 15 of 34 12/20/2005 INDIANA UNIV-SOUTHBEND SOUTH BEND IN 1 INDIANA WESLEYAN UNIVERSITY MARION IN 1 INTERNATIONAL BUSINESS COLLEGE (IN) FORT WAYNE IN 1 ITT TECHNICAL INST (FT WAYNE, IN) FORT WAYNE IN 1 IVY TECH STATE COLL N CENTRAL-SOUTH BEND SOUTH BEND IN 1 IVY TECH STATE COLLEGE - BLOOMINGTON BLOOMINGTON IN 1 IVY TECH STATE COLLEGE - FORT WAYNE FORT WAYNE IN 1 IVY TECH STATE COLLEGE - INDIANAPOLIS INDIANAPOLIS IN 1 IVY TECH STATE COLLEGE E CENTRAL-MUNCIE MUNCIE IN 1 KASTURBA MEDICAL COLLEGE MANIPAL, INDIA IN 1 LINCOLN TECHNICAL INSTITUTE (IN) INDIANAPOLIS IN 1 MANCHESTER COLLEGE (IN) NORTH MANCHESTER IN 1 MARIAN COLLEGE (INDIANAPOLIS) INDIANAPOLIS IN 1 MASTERS OF COSMETOLOGY COLLEGE INC (THE) FORT WAYNE IN 1 MICHIANA COLLEGE (IN) SOUTH BEND IN 1 OAKLAND CITY UNIVERSITY (IN) OAKLAND CITY IN 1 PREMIER COLLEGE OF COSMETOLOGY SOUTH BEND IN 1 PURDUE UNIV - CALUMET HAMMOND IN 1 PURDUE UNIV - WEST LAFAYETTE (IN) WEST LAFAYETTE IN 1 PURDUE UNIVERSITY NORTH CENTRAL WESTVILLE IN 1 ROSE-HULMAN INSTITUTE OF TECHNOLOGY (IN) TERRE HAUTE IN 1 ST JOSEPHS COLLEGE RENSSELAER IN 1 ST MARY OF THE WOODS COLLEGE (IN) ST MARY OF THE WOODS IN 1 ST MARYS COLLEGE - NOTRE DAME (IN) NOTRE DAME IN 1 TAYLOR UNIVERSITY - FORT WAYNE (IN) FORT WAYNE IN 1 TAYLOR UNIVERSITY - UPLAND (IN) UPLAND IN 1 TRI-STATE UNIVERSITY (IN) ANGOLA IN 1 UNIV OF EVANSVILLE (IN) EVANSVILLE IN 1 UNIV OF INDIANAPOLIS (IN) INDIANAPOLIS IN 1 UNIV OF NOTRE DAME (IN) NOTRE DAME IN 1 UNIV OF SOUTHERN INDIANA EVANSVILLE IN 1 UNIV OF ST FRANCIS (IN)/ST FRANCIS COLG FORT WAYNE IN 1 VALPARAISO UNIVERSITY (IN) VALPARAISO IN 1 VINCENNES UNIVERSITY VINCENNES IN 1 WABASH COLLEGE (IN) CRAWFORDSVILLE IN 1 UNIV OF DUBLIN TRINITY COLLEGE (IRELAND) DUBLIN 2, IRELAND IR 1 BEN-GURION UNIVERSITY OF THE NEGEV BEER SHEVA IS 1 ALLEN COUNTY COMMUNITY COLLEGE (KS) IOLA KS 1 BETHANY COLLEGE (KS) LINDSBORG KS 1 CENTRAL CHRISTIAN COLLEGE OF KANSAS MCPHERSON KS 1 COFFEYVILLE COMMUNITY COLLEGE (KS) COFFEYVILLE KS 1 FORT HAYS STATE UNIVERSITY (KS) HAYS KS 1 FORT SCOTT COMMUNITY COLLEGE FORT SCOTT KS 1 FRIENDS UNIVERSITY WICHITA KS 1 GARDEN CITY COMMUNITY COLLEGE GARDEN CITY KS 1 HASKELL INDIAN NATIONS UNIVERSITY LAWRENCE KS 1 HESSTON COLLEGE (KS) HESSTON KS 1 JOHNSON COUNTY COMMUNITY COLLEGE (KS) OVERLAND PARK KS 1 KANSAS CITY KANSAS COMMUNITY COLLEGE KANSAS CITY KS 1 KANSAS STATE UNIVERSITY MANHATTAN KS 1 LABETTE COMMUNITY COLLEGE (KS) PARSON KS 1 MCPHERSON COLLEGE (KS) MCPHERSON KS 1 MIDAMERICA NAZARENE UNIVERSITY OLATHE KS 1 NEOSHO COUNTY COMMUNITY COLLEGE CHANUTE KS 1 NEWMAN UNIVERSITY (KS) WICHITA KS 1 SEWARD COUNTY COMMUNITY COLLEGE LIBERAL KS 1 STERLING COLLEGE (KS) STERLING KS 1 TABOR COLLEGE (KS) HILLSBORO KS 1 UNIV OF KANSAS LAWRENCE KS 1

Merit Award 2004-05 Annual Report Page 16 of 34 12/20/2005 WICHITA STATE UNIVERSITY (KS) WICHITA KS 1 ASBURY COLLEGE (KY) WILMORE KY 1 BELLARMINE UNIVERSITY (KY) LOUISVILLE KY 1 BEREA COLLEGE BEREA KY 1 CAMPBELLSVILLE UNIVERSITY (KY) CAMPBELLSVILLE KY 1 CENTRE COLLEGE (KY) DANVILLE KY 1 CUMBERLAND COLLEGE (KY) WILLIAMSBURG KY 1 EASTERN KENTUCKY UNIVERSITY RICHMOND KY 1 GEORGETOWN COLLEGE (KY) GEORGETOWN KY 1 HOPKINSVILLE COMMUNITY COLLEGE (KCTCS) HOPKINSVILLE KY 1 JEFFERSON COMMUNITY AND TECHNICAL COLLEG LOUISVILLE KY 1 KENTUCKY CHRISTIAN COLLEGE GRAYSON KY 1 KENTUCKY MOUNTAIN BIBLE COLLEGE VANCLEVE KY 1 KENTUCKY STATE UNIVERSITY FRANKFORT KY 1 LEXINGTON COMMUNITY COLLEGE LEXINGTON KY 1 LINDSEY WILSON COLLEGE (KY) COLUMBIA KY 1 MIDWAY COLLEGE (KY) MIDWAY KY 1 MOREHEAD STATE UNIVERSITY (KY) MOREHEAD KY 1 MURRAY STATE UNIVERSITY (KY) MURRAY KY 1 NORTHERN KENTUCKY UNIVERSITY HIGHLAND HEIGHTS KY 1 PADUCAH COMMUNITY COLLEGE PADUCAH KY 1 PIKEVILLE COLLEGE PIKEVILLE KY 1 SOMERSET COMMUNITY COLLEGE (KY) SOMERSET KY 1 TRANSYLVANIA UNIVERSITY (KY) LEXINGTON KY 1 UNION COLLEGE (KY) BARBOURVILLE KY 1 UNIV OF KENTUCKY LEXINGTON KY 1 UNIV OF LOUISVILLE (KY) LOUISVILLE KY 1 WESTERN KENTUCKY UNIVERSITY BOWLING GREEN KY 1 DELGADO COMMUNITY COLLEGE NEW ORLEANS LA 1 DILLARD UNIVERSITY (LA) NEW ORLEANS LA 1 GRAMBLING STATE UNIVERSITY (LA) GRAMBLING LA 1 GRANTHAM UNIVERSITY /LEVEL PLAYING FIELD SLIDELL LA 1 LOUISIANA STATE UNIV & A&M COLG BATON ROUGE LA 1 LOUISIANA STATE UNIVERSITY - SHREVEPORT SHREVEPORT LA 1 LOUISIANA TECH UNIVERSITY RUSTON LA 1 LOYOLA UNIVERSITY - NEW ORLEANS (LA) NEW ORLEANS LA 1 MCNEESE STATE UNIVERSITY LAKE CHARLES LA 1 NORTHWESTERN STATE UNIVERSITY (LA) NATCHITOCHES LA 1 SOUTHERN UNIVERSITY A & M COLLEGE (LA) BATON ROUGE LA 1 TULANE UNIVERSITY (LA) NEW ORLEANS LA 1 UNIV OF LOUISIANA (LAFAYETTE) LAFAYETTE LA 1 UNIV OF LOUISIANA (MONROE) MONROE LA 1 UNIV OF NEW ORLEANS (LA) NEW ORLEANS LA 1 XAVIER UNIVERSITY OF LOUISIANA NEW ORLEANS LA 1 AMHERST COLLEGE (MA) AMHERST MA 1 BABSON COLLEGE (MA) BABSON PARK MA 1 BAY PATH COLLEGE LONGMEADOW MA 1 BENTLEY COLLEGE WALTHAM MA 1 BERKLEE COLLEGE OF MUSIC (MA) BOSTON MA 1 BERKSHIRE COMMUNITY COLLEGE PITTSFIELD MA 1 BOSTON COLLEGE (MA) CHESTNUT HILL MA 1 BOSTON CONSERVATORY OF MUSIC BOSTON MA 1 BOSTON UNIVERSITY (MA) BOSTON MA 1 BRANDEIS UNIVERSITY (MA) WALTHAM MA 1 BRISTOL COMMUNITY COLLEGE FALL RIVER MA 1 CLARK UNIVERSITY (MA) WORCESTER MA 1 COLLEGE OF THE HOLY CROSS (MA) WORCESTER MA 1 EASTERN NAZARENE COLLEGE (MA) QUINCY MA 1 EMERSON COLLEGE (MA) BOSTON MA 1

Merit Award 2004-05 Annual Report Page 17 of 34 12/20/2005 EMMANUEL COLLEGE (MA) BOSTON MA 1 ENDICOTT COLLEGE BEVERLY MA 1 FRAMINGHAM STATE COLLEGE FRAMINGHAM MA 1 GORDON COLLEGE (MA) WENHAM MA 1 HALLMARK INSTITUTE OF PHOTOGRAPHY (MA) TURNERS FALLS MA 1 HAMPSHIRE COLLEGE (MA) AMHERST MA 1 HARVARD UNIVERSITY (MA) CAMBRIDGE MA 1 HELLENIC COLLEGE BROOKLINE MA 1 LESLEY UNIVERSITY CAMBRIDGE MA 1 MASSACHUSETTS COL-PHARMACY & HLTH SCIENC BOSTON MA 1 MASSACHUSETTS COLLEGE OF ART BOSTON MA 1 MASSACHUSETTS INST OF TECHNOLOGY CAMBRIDGE MA 1 MERRIMACK COLLEGE (MA) NORTH ANDOVER MA 1 MIDDLESEX COMMUNITY COLLEGE LOWELL MA 1 MOUNT HOLYOKE COLLEGE SOUTH HADLEY MA 1 NEW ENGLAND CONSERVATORY OF MUSIC BOSTON MA 1 NEW ENGLAND INSTITUTE OF ART (THE) BROOKLINE MA 1 NORTH SHORE COMMUNITY COLLEGE (MA) DANVERS MA 1 NORTHEASTERN UNIVERSITY (MA) BOSTON MA 1 QUINCY COLLEGE QUINCY MA 1 SCHOOL OF THE MUSEUM OF FINE ARTS BOSTON MA 1 SIMMONS COLLEGE (MA) BOSTON MA 1 SMITH COLLEGE (MA) NORTHAMPTON MA 1 SPRINGFIELD COLLEGE (MA) SPRINGFIELD MA 1 SUFFOLK UNIVERSITY BOSTON MA 1 TUFTS UNIVERSITY (MA) MEDFORD MA 1 UNIV OF MASSACHUSETTS - AMHERST AMHERST MA 1 UNIV OF MASSACHUSETTS - BOSTON BOSTON MA 1 UNIV OF MASSACHUSETTS - DARTMOUTH NORTH DARTMOUTH MA 1 UNIV OF MASSACHUSETTS - LOWELL LOWELL MA 1 WELLESLEY COLLEGE (MA) WELLESLEY MA 1 WENTWORTH INSTITUTE OF TECHNOLOGY (MA) BOSTON MA 1 WESTFIELD STATE COLLEGE WESTFIELD MA 1 WHEATON COLLEGE (MA) NORTON MA 1 WILLIAMS COLLEGE (MA) WILLIAMSTOWN MA 1 WORCESTER POLYTECHNIC INSTITUTE (MA) WORCESTER MA 1 ANNE ARUNDEL COMMUNITY COLLEGE ARNOLD MD 1 COLLEGE OF NOTRE DAME OF MARYLAND BALTIMORE MD 1 COLUMBIA UNION COLLEGE (MD) TAKOMA PARK MD 1 COMMUNITY COLLEGE OF BALTIMORE COUNTY CATONSVILLE MD 1 COPPIN STATE COLLEGE (MD) BALTIMORE MD 1 FROSTBURG STATE UNIVERSITY (MD) FROSTBURG MD 1 GOUCHER COLLEGE (MD) BALTIMORE MD 1 HOOD COLLEGE FREDERICK MD 1 JOHNS HOPKINS PEABODY CON MUSIC (MD) BALTIMORE MD 1 JOHNS HOPKINS UNIV (MD) BALTIMORE MD 1 LOYOLA COLLEGE (MD) BALTIMORE MD 1 MARYLAND INST COLLEGE OF ART BALTIMORE MD 1 MORGAN STATE UNIVERSITY (MD) BALTIMORE MD 1 MOUNT ST MARYS COLLEGE (MD) EMMITSBURG MD 1 ST JOHNS COLLEGE (MD) ANNAPOLIS MD 1 TOWSON UNIVERSITY (MD) TOWSON MD 1 UNITED STATES NAVAL ACADEMY (MD) ANNAPOLIS MD 1 UNIV OF MARYLAND - BALTIMORE BALTIMORE MD 1 UNIV OF MARYLAND - BALTIMORE COUNTY BALTIMORE MD 1 UNIV OF MARYLAND - COLLEGE PARK COLLEGE PARK MD 1 UNIV OF MARYLAND - EASTERN SHORE PRINCESS ANNE MD 1 UNIV OF MARYLAND UNIVERSITY COLLEGE ADELPHI MD 1 WASHINGTON BIBLE COLLEGE LANHAM MD 1

Merit Award 2004-05 Annual Report Page 18 of 34 12/20/2005 BATES COLLEGE (ME) LEWISTON ME 1 BOWDOIN COLLEGE (ME) BRUNSWICK ME 1 COLBY COLLEGE (ME) WATERVILLE ME 1 COLLEGE OF THE ATLANTIC (ME) BAR HARBOR ME 1 LANDING SCHOOL OF BOAT BUILDING & DESIGN KENNEBUNKPORT ME 1 MAINE MARITIME ACADEMY CASTINE ME 1 UNITY COLLEGE UNITY ME 1 UNIV OF MAINE ORONO ME 1 UNIV OF MAINE - AUGUSTA AUGUSTA ME 1 UNIV OF MAINE - FARMINGTON FARMINGTON ME 1 UNIV OF MAINE - FORT KENT FORT KENT ME 1 UNIV OF MAINE - MACHIAS MACHIAS ME 1 UNIV OF MAINE - PRESQUE ISLE PRESQUE ISLE ME 1 UNIV OF NEW ENGLAND BIDDEFORD ME 1 UNIV OF SOUTHERN MAINE PORTLAND ME 1 APOSTOLIC BIBLE INSTITUTE (MN) ST. PAUL MN 1 ART INSTR SCHLS, INC. - BUR OF ENGRAVING MINNEAPOLIS MN 1 AUGSBURG COLLEGE (MN) MINNEAPOLIS MN 1 AVEDA INSTITUTE (MN) MINNEAPOLIS MN 1 BEMIDJI STATE UNIVERSITY (MN) BEMIDJI MN 1 BETHANY COLLEGE OF MISSIONS BLOOMINGTON MN 1 BETHANY LUTHERAN COLLEGE INC (MN) MANKATO MN 1 BETHEL COLLEGE (MN) ST PAUL MN 1 BROWN COLLEGE (MN) MENDOTA HEIGHTS MN 1 CARLETON COLLEGE (MN) NORTHFIELD MN 1 CARLSON INSTITUTE - NORTH CENTRAL UNIV MINNEAPOLIS MN 1 CENTRAL LAKES COLLEGE-BRAINERD BRAINERD MN 1 CENTRAL LAKES COLLEGE-STAPLES STAPLES MN 1 CENTURY COLG/A COMM & TECHNICAL CLG (MN) WHITE BEAR LAKE MN 1 COLLEGE OF ST BENEDICT (MN) ST JOSEPH MN 1 COLLEGE OF ST CATHERINE (MN) MINNEAPOLIS MN 1 COLLEGE OF ST SCHOLASTICA (MN) DULUTH MN 1 CONCORDIA COLLEGE - MOORHEAD (MN) MOORHEAD MN 1 CONCORDIA UNIVERSITY (MN) ST PAUL MN 1 CROWN COLLEGE (MN) ST BONIFACIUS MN 1 DUNWOODY COLLEGE OF TECHNOLOGY (MN) MINNEAPOLIS MN 1 GUSTAVUS ADOLPHUS COLLEGE (MN) SAINT PETER MN 1 HAMLINE UNIVERSITY (MN) ST PAUL MN 1 ITASCA COMMUNITY COLLEGE GRAND RAPIDS MN 1 LAKE SUPERIOR COLLEGE DULUTH MN 1 MACALESTER COLLEGE (MN) SAINT PAUL MN 1 MARTIN LUTHER COLLEGE (MN) NEW ULM MN 1 MEDICAL INSTITUTE OF MINNESOTA BLOOMINGTON MN 1 MESABI RANGE COMMUNITY AND TECH COLLEGE VIRGINIA MN 1 MINNEAPOLIS COLLEGE OF ART & DESIGN (MN) MINNEAPOLIS MN 1 MINNEAPOLIS COMMUNITY & TECHNICAL COLLEG MINNEAPOLIS MN 1 MINNESOTA STATE COLLEGE-REDWING CAMPUS REDWING MN 1 MINNESOTA STATE UNIVERSITY - MANKATO MANKATO MN 1 MINNESOTA STATE UNIVERSITY - MOORHEAD MOORHEAD MN 1 MUSICTECH COLLEGE ST PAUL MN 1 NORMANDALE COMMUNITY COLLEGE BLOOMINGTON MN 1 NORTH CENTRAL UNIVERSITY (MN) MINNEAPOLIS MN 1 NORTH HENNEPIN COMMUNITY COLLEGE BROOKLYN PARK MN 1 NORTHWESTERN COLLEGE - ST PAUL (MN) ST PAUL MN 1 OAK HILLS CHRISTIAN COLLEGE BEMIDJI MN 1 OAK HILLS FELLOWSHIP, INC. BEMIDJI MN 1 PILLSBURY BAPTIST BIBLE COLLEGE (MN) OWATONNA MN 1 RIDGEWATER COLLEGE-WILLMAR CAMPUS WILLMAR MN 1 ROCHESTER COMM AND TECHNICAL COL (MN) ROCHESTER MN 1

Merit Award 2004-05 Annual Report Page 19 of 34 12/20/2005 SCOT LEWIS SCHOOL OF COSMETOLOGY BLOOMINGTON MN 1 SOUTH CENTRAL COLLEGE NORTH MANKATO MN 1 ST CLOUD STATE UNIVERSITY (MN) SAINT CLOUD MN 1 ST JOHNS UNIVERSITY - COLLEGEVILLE (MN) COLLEGEVILLE MN 1 ST MARYS UNIVERSITY OF MINNESOTA WINONA MN 1 ST OLAF COLLEGE (MN) NORTHFIELD MN 1 THE ART INSTITUTES INTERNATL MINNESO MINNEAPOLIS MN 1 UNIV OF MINNESOTA - CROOKSTON CROOKSTON MN 1 UNIV OF MINNESOTA - DULUTH DULUTH MN 1 UNIV OF MINNESOTA - MORRIS MORRIS MN 1 UNIV OF MINNESOTA - TWIN CITIES MINNEAPOLIS MN 1 UNIV OF ST THOMAS (MN) SAINT PAUL MN 1 VERMILION COMMUNITY COLLEGE (MN) ELY MN 1 WINONA STATE UNIVERSITY (MN) WINONA MN 1 AVILA COLLEGE (MO) KANSAS CITY MO 1 BAPTIST BIBLE COLLEGE (MO) SPRINGFIELD MO 1 CALVARY BIBLE COLLEGE (MO) KANSAS CITY MO 1 CENTRAL BIBLE COLLEGE (MO) SPRINGFIELD MO 1 CENTRAL CHRISTIAN COLLEGE OF THE BIBLE MOBERLY MO 1 CENTRAL METHODIST COLLEGE-FAYETTE FAYETTE MO 1 CENTRAL MISSOURI STATE UNIV WARRENSBURG MO 1 CENTRE CONSR OF MINISTERING ARTS(CA),THE FLORISSANT MO 1 COLLEGE OF THE OZARKS POINT LOOKOUT MO 1 COLUMBIA COLLEGE (MO) COLUMBIA MO 1 COTTEY COLLEGE (MO) NEVADA MO 1 DRURY COLLEGE (MO) SPRINGFIELD MO 1 EVANGEL UNIVERSITY (MO) SPRINGFIELD MO 1 GLOBAL UNIVERSITY SPRINGFIELD MO 1 HARRIS-STOWE STATE COLLEGE ST LOUIS MO 1 KANSAS CITY ART INSTITUTE (MO) KANSAS CITY MO 1 LINDENWOOD UNIVERSITY ST. CHARLES MO 1 LOGAN COLLEGE OF CHIROPRACTIC (MO) CHESTERFIELD MO 1 LONGVIEW COMMUNITY COLLEGE LEE'S SUMMIT MO 1 MARYVILLE UNIVERSITY OF SAINT LOUIS ST. LOUIS MO 1 MESSENGER COLLEGE (MO) JOPLIN MO 1 MISSOURI SOUTHERN STATE COLLEGE JOPLIN MO 1 MISSOURI VALLEY COLLEGE MARSHALL MO 1 MOBERLY AREA COMMUNITY COLLEGE MOBERLY MO 1 NORTHWEST MISSOURI STATE UNIV MARYVILLE MO 1 OZARK CHRISTIAN COLLEGE JOPLIN MO 1 OZARKS TECH COMMUNITY COLLEGE (MO) SPRINGFIELD MO 1 PARK UNIVERSITY PARKVILLE MO 1 ROCKHURST UNIVERSITY KANSAS CITY MO 1 SHALOM BIBLE COLLEGE AND SEMINARY FLORISSANT MO 1 SOUTHWEST BAPTIST UNIVERSITY BOLIVAR MO 1 SOUTHWEST MISSOURI STATE UNIV - SPRNGFLD SPRINGFIELD MO 1 ST LOUIS COLLEGE OF PHARMACY ST. LOUIS MO 1 ST LOUIS COMMUNITY COLLEGE ST LOUIS MO 1 ST LOUIS UNIVERSITY (MO) ST LOUIS MO 1 STATE FAIR COMMUNITY COLLEGE SEDALIA MO 1 STEPHENS COLLEGE (MO) COLUMBIA MO 1 TRUMAN STATE UNIVERSITY (MO) KIRKSVILLE MO 1 UNIV OF MISSOURI - COLUMBIA COLUMBIA MO 1 UNIV OF MISSOURI - KANSAS CITY KANSAS CITY MO 1 UNIV OF MISSOURI - ROLLA ROLLA MO 1 WASHINGTON UNIVERSITY (MO) SAINT LOUIS MO 1 WEBSTER UNIVERSITY (MO) ST LOUIS MO 1 WENTWORTH MILITARY ACADEMY (MO) LEXINGTON MO 1 WILLIAM JEWELL COLLEGE (MO) LIBERTY MO 1

Merit Award 2004-05 Annual Report Page 20 of 34 12/20/2005 WILLIAM WOODS UNIVERSITY (MO) FULTON MO 1 ALCORN STATE UNIVERSITY (MS) ALCORN STATE MS 1 BELHAVEN COLLEGE (MS) JACKSON MS 1 BLUE MOUNTAIN COLLEGE BLUE MOUNTAIN MS 1 EAST CENTRAL COMMUNITY COLLEGE (MS) DECATUR MS 1 ITAWAMBA COMMUNITY COLLEGE (MS) FULTON MS 1 JACKSON STATE UNIVERSITY (MS) JACKSON MS 1 JONES COUNTY JUNIOR COLLEGE (MS) ELLISVILLE MS 1 MISSISSIPPI COLLEGE CLINTON MS 1 MISSISSIPPI STATE UNIVERSITY MISSISSIPPI STATE MS 1 RUST COLLEGE HOLLY SPRINGS MS 1 RYERSON UNIVERSITY (CANADA) TORONTO, ONT, CANADA MS 1 UNIV OF MISSISSIPPI UNIV OF MISSISSIPPI MS 1 UNIV OF SOUTHERN MISSISSIPPI HATTIESBURG MS 1 WILLIAM CAREY COLLEGE HATTIESBURG MS 1 CARROLL COLLEGE HELENA MT 1 CHIEF DULL KNIFE COLLEGE (MT) LAME DEER MT 1 DAHLS COLLEGE OF BEAUTY, INC (MT) GREAT FALLS MT 1 DAWSON COMMUNITY COLLEGE (MT) GLENDIVE MT 1 MONTANA STATE UNIVERSITY - BILLINGS BILLINGS MT 1 MONTANA STATE UNIVERSITY - BOZEMAN BOZEMAN MT 1 MONTANA TECH OF THE UNIV OF MONTANA BUTTE MT 1 ROCKY MOUNTAIN COLLEGE BILLINGS MT 1 UNIV OF MONTANA MISSOULA MT 1 WESTERN MONTANA COLLEGE DILLON MT 1 APPALACHIAN STATE UNIVERSITY (NC) BOONE NC 1 ART INSTITUTE OF CHARLOTTE CHARLOTTE NC 1 ASHEVILLE BUNCOMBE TECH CMTY CLG (NC) ASHEVILLE NC 1 BENNETT COLLEGE (NC) GREENSBORO NC 1 BREVARD COLLEGE (NC) BREVARD NC 1 CAMPBELL UNIVERSITY BUIES CREEK NC 1 CARTERET COMM COLLEGE (NC) MOREHEAD CITY NC 1 CATAWBA COLLEGE SALISBURY NC 1 CENTRAL CAROLINA COMMUNITY COLLEGE SANFORD NC 1 COASTAL CAROLINA COMMUNITY COLLEGE JACKSONVILLE NC 1 CRAVEN COMMUNITY COLLEGE (NC) NEW BERN NC 1 DAVIDSON COLLEGE (NC) DAVIDSON NC 1 DUKE UNIVERSITY (NC) DURHAM NC 1 EAST CAROLINA UNIVERSITY (NC) GREENVILLE NC 1 ELON UNIVERSITY (NC) ELON COLLEGE NC 1 FAYETTEVILLE TECHNICAL COMMUNITY COLLEGE FAYETTEVILLE NC 1 FORSYTH TECH COMMUNITY COLLEGE (NC) WINSTON-SALEM NC 1 GARDNER-WEBB UNIVERSITY BOILING SPRINGS NC 1 GUILFORD COLLEGE (NC) GREENSBORO NC 1 GUILFORD TECHNICAL COMM COLL (NC) JAMESTOWN NC 1 HIGH POINT UNIVERSITY (NC) HIGH POINT NC 1 JOHNSON C. SMITH UNIVERSITY CHARLOTTE NC 1 LEES-MCRAE COLLEGE (NC) BANNER ELK NC 1 LENOIR COMMUNITY COLLEGE KINGSTON NC 1 MEREDITH COLLEGE RALEIGH NC 1 METHODIST COLLEGE (NC) FAYETTEVILLE NC 1 MILLER MOTTE TECHNICAL COLLEGE WILMINGTON NC 1 MONTREAT COLLEGE (NC) MONTREAT NC 1 MOUNT OLIVE COLLEGE MOUNT OLIVE NC 1 NASCAR TECHNICAL INSTITUTE MOORESVILLE NC 1 NORTH CAROLINA A&T STATE UNIV GREENSBORO NC 1 NORTH CAROLINA CENTRAL UNIV DURHAM NC 1 NORTH CAROLINA SCHOOL OF THE ARTS WINTON-SALEM NC 1 NORTH CAROLINA STATE UNIV - RALEIGH RALEIGH NC 1

Merit Award 2004-05 Annual Report Page 21 of 34 12/20/2005 PFEIFFER UNIVERSITY (NC) MISENHEIMER NC 1 QUEENS COLLEGE CHARLOTTE NC 1 ROCKINGHAM COMMUNITY COLLEGE WENTWORTH NC 1 SOUTHWESTERN COMMUNITY COLLEGE (NC) SYLVA NC 1 ST ANDREWS PRESBYTERIAN COLLEGE (NC) LAURINBURG NC 1 ST AUGUSTINES COLLEGE (NC) RALEIGH NC 1 UNIV OF NORTH CAROLINA - ASHEVILLE ASHEVILLE NC 1 UNIV OF NORTH CAROLINA - CHAPEL HILL CHAPEL HILL NC 1 UNIV OF NORTH CAROLINA - CHARLOTTE CHARLOTTE NC 1 UNIV OF NORTH CAROLINA - GREENSBORO GREENSBORO NC 1 UNIV OF NORTH CAROLINA - WILMINGTON WILMINGTON NC 1 WAKE FOREST UNIVERSITY (NC) WINSTON-SALEM NC 1 WAKE TECHNICAL COMMUNITY COLLEGE RALEIGH NC 1 WARREN WILSON COLLEGE (NC) ASHEVILLE NC 1 WESTERN CAROLINA UNIVERSITY (NC) CULLOWHEE NC 1 BISMARCK STATE COLLEGE (ND) BISMARCK ND 1 DICKINSON STATE UNIVERSITY (ND) DICKINSON ND 1 JAMESTOWN COLLEGE JAMESTOWN ND 1 MINOT STATE UNIVERSITY (MSU) - BOTTINEAU BOTTINEAU ND 1 NORTH DAKOTA STATE UNIVERSITY FARGO ND 1 UNIV OF NORTH DAKOTA - GRAND FORKS GRAND FORKS ND 1 BELLEVUE UNIVERSITY (NE) BELLEVUE NE 1 CONCORDIA UNIVERSITY (NE) SEWARD NE 1 CREIGHTON UNIVERSITY (NE) OMAHA NE 1 DOANE COLLEGE CRETE NE 1 GRACE UNIVERSITY OMAHA NE 1 NORTHEAST COMMUNITY COLLEGE (NE) NORFOLK NE 1 UNION COLLEGE (NE) LINCOLN NE 1 UNIV OF NEBRASKA - KEARNEY KEARNEY NE 1 UNIV OF NEBRASKA - LINCOLN LINCOLN NE 1 UNIV OF NEBRASKA - OMAHA OMAHA NE 1 COLBY-SAWYER COLLEGE NEW LONDON NH 1 DARTMOUTH COLLEGE (NH) HANOVER NH 1 ST ANSELM COLLEGE (NH) MANCHESTER NH 1 UNIV OF NEW HAMPSHIRE DURHAM NH 1 BLOOMFIELD COLLEGE BLOOMFIELD NJ 1 CALDWELL COLLEGE (NJ) CALDWELL NJ 1 CENTENARY COLLEGE (NJ) HACKETTSTOWN NJ 1 DREW UNIVERSITY (NJ) MADISON NJ 1 FAIRLEIGH DICKINSON UNIV-TEANECK (NJ) TEANECK NJ 1 FAIRLEIGH DICKINSON UNIVERSITY (NJ) MADISON NJ 1 JOE KUBERT SCHOOL OF CARTOON & GRAPHICS DOVER NJ 1 MERCER COUNTY COMMUNITY COLLEGE TRENTON NJ 1 MONMOUTH UNIVERSITY (NJ) WEST LONG BRANCH NJ 1 PRINCETON UNIVERSITY (NJ) PRINCETON NJ 1 RARITAN VALLEY COMMUNITY COLLEGE (NJ) SOMERVILLE NJ 1 RIDER UNIVERSITY (NJ) LAWRENCEVILLE NJ 1 RUTGERS THE ST UNIV OF N J-NEW BRUNSWICK NEW BRUNSWICK NJ 1 RUTGERS THE ST UNIV OF N J-NEWARK CAMPUS NEWARK NJ 1 SETON HALL UNIVERSITY (NJ) SOUTH ORANGE NJ 1 STEVENS INSTITUTE OF TECHNOLOGY (NJ) HOBOKEN NJ 1 ALBUQUERQUE TECHNICAL VOCATIONAL INST/CC ALBUQUERQUE NM 1 COLLEGE OF SANTA FE (NM) SANTA FE NM 1 NEW MEXICO INSTITUTE OF MINING & TECH SOCORRO NM 1 NEW MEXICO MILITARY INSTITUTE ROSWELL NM 1 NEW MEXICO STATE UNIV - DONA ANA CLG LAS CRUCES NM 1 NEW MEXICO STATE UNIVERSITY-ALAMOGORDO ALAMOGORDO NM 1 ST JOHNS COLLEGE (NM) SANTA FE NM 1 UNIV OF NEW MEXICO ALBUQUERQUE NM 1

Merit Award 2004-05 Annual Report Page 22 of 34 12/20/2005 WESTERN NEW MEXICO UNIVERSITY SILVER CITY NM 1 ART INSTITUTE OF LAS VEGAS HENDERSON NV 1 COMMUNITY COLLEGE OF SOUTHERN NEVADA NORTH LAS VEGAS NV 1 GREAT BASIN COLLEGE ELKO NV 1 SIERRA NEVADA COLLEGE INCLINE VILLAGE NV 1 TRUCKEE MEADOWS COMMUNITY COLLEGE RENO NV 1 UNIV OF NEVADA - LAS VEGAS LAS VEGAS NV 1 UNIV OF NEVADA - RENO RENO NV 1 ADELPHI UNIVERSITY (NY) GARDEN CITY NY 1 ALFRED UNIVERSITY (NY) ALFRED NY 1 AMERICAN ACADEMY OF DRAMATIC ARTS NEW YORK NY 1 AMERICAN MUSICAL & DRAMATIC ACAD (NY) NEW YORK NY 1 BARD COLLEGE (NY) ANNANDALE-ON-HUDSON NY 1 BARNARD COLLEGE-COLUMBIA UNIV (NY) NEW YORK NY 1 BERKELEY COLLEGE (NY) WHITE PLAINS NY 1 BERNARD BARUCH COLLEGE - CUNY NEW YORK NY 1 BINGHAMTON UNIVERSITY (NY - SUNY) BINGHAMTON NY 1 BROOME COMMUNITY COLLEGE BINGHAMTON NY 1 CANISIUS COLLEGE BUFFALO NY 1 CAYUGA COMMUNITY COLLEGE AUBURN NY 1 CLARKSON UNIVERSITY (NY) POTSDAM NY 1 COLGATE UNIVERSITY (NY) HAMILTON NY 1 COLUMBIA UNIVERSITY (NY) NEW YORK NY 1 CONCORDIA COLLEGE (NY) BRONXVILLE NY 1 COOPER UNION (NY) NEW YORK NY 1 CORNELL UNIVERSITY (NY) ITHACA NY 1 CULINARY INSTITUTE OF AMERICA (NY) HYDE PARK NY 1 CUNY CITY COLLEGE NEW YORK NY 1 CUNY-HUNTER COLLEGE NEW YORK CITY NY 1 DAEMEN COLLEGE (NY) AMHERST NY 1 EASTMAN SCHOOL OF MUSIC (NY) ROCHESTER NY 1 ELIM BIBLE INSTITUTE, INC (NY) LIMA NY 1 ELMIRA COLLEGE ELMIRA NY 1 FASHION INSTITUTE OF TECHNOLOGY (NY) NEW YORK NY 1 FINGER LAKES COMMUNITY COLLEGE CANANDAIGUA NY 1 FORDHAM UNIVERSITY (NY) BRONX NY 1 FRENCH CULINARY INSTITUTE (NY) NEW YORK NY 1 HAMILTON COLLEGE CLINTON NY 1 HARTWICK COLLEGE ONEONTA NY 1 HERKIMER COUNTY COMMUNITY COLLEGE HERKIMER NY 1 HOBART & WILLIAM SMITH COLLEGES (NY) GENEVA NY 1 HOFSTRA UNIVERSITY (NY) HEMPSTEAD NY 1 HOUGHTON COLLEGE (NY) HOUGHTON NY 1 ITHACA COLLEGE (NY) ITHACA NY 1 JAMESTOWN COMMUNITY COLLEGE (NY) JAMESTOWN NY 1 JEFFERSON COMMUNITY COLLEGE WATERTOWN NY 1 JEWISH THEOLOGICAL SEMINARY OF AMER (NY) NEW YORK NY 1 JUILLIARD SCHOOL, THE (NY) NEW YORK NY 1 KINGS COLLEGE, THE (NY) NEW YORK NY 1 LE MOYNE COLLEGE SYRACUSE NY 1 LONG ISLAND UNIV - SOUTHAMPTON CAMPUS SOUTHAMPTON NY 1 LONG ISLAND UNIVERSITY - CW POST CAMPUS BROOKVILE NY 1 MANHATTAN SCHOOL OF MUSIC (NY) NEW YORK NY 1 MANHATTANVILLE COLLEGE PURCHASE NY 1 MARIST COLLEGE (NY) POUGHKEEPSIE NY 1 MARYMOUNT COLLEGE (NY) TARRYTOWN NY 1 MARYMOUNT MANHATTAN COLLEGE (NY) NEW YORK NY 1 MOUNT SAINT MARY COLLEGE (NY) NEWBURGH NY 1 NAZARETH COLLEGE OF ROCHESTER ROCHESTER NY 1

Merit Award 2004-05 Annual Report Page 23 of 34 12/20/2005 NEW SCHOOL UNIVERSITY NEW YORK NY 1 NEW YORK FILM ACADEMY LTD NEW YORK NY 1 NEW YORK INSTITUTE OF TECHNOLOGY OLD WESTBURY NY 1 NEW YORK SCHOOL OF INTERIOR DESIGN NEW YORK NY 1 NEW YORK UNIVERSITY NEW YORK NY 1 NIAGARA UNIVERSITY (NY) NIAGARA UNIVERSITY NY 1 NYACK COLLEGE (NY) NYACK NY 1 ONONDAGA COMMUNITY COLLEGE (NY) SYRACUSE NY 1 PACE UNIVERSITY - NEW YORK NEW YORK NY 1 PAUL SMITHS COLLEGE PAUL SMITHS NY 1 PHILLIPS BETH ISRAEL SCHOOL OF NURSING NEW YORK NY 1 PLATTSBURGH STATE UNIVERSITY OF NY PLATTSBURGH NY 1 POLYTECHNIC UNIVERSITY BOOKLYN NY 1 PRATT INSTITUTE (NY) BROOKLYN NY 1 REDKEN EXCHANGE NEW YORK NY 1 RENSSELAER POLYTECHNIC INSTITUTE (NY) TROY NY 1 ROBERTS WESLEYAN COLLEGE ROCHESTER NY 1 ROCHESTER INSTITUTE OF TECHNOLOGY (NY) ROCHESTER NY 1 ROCKEFELLER UNIVERISTY (NY) NEW YORK NY 1 SAGE COLLEGE - ALBANY CAMPUS ALBANY NY 1 SARAH LAWRENCE COLLEGE (NY) BRONXVILLE NY 1 SCHENECTADY COUNTY COMMUNITY COLLEGE SCHENECTADY NY 1 SCHOOL FOR FILM & TELEVISION, THE NEW YORK NY 1 SCHOOL OF VISUAL ARTS (NY) NEW YORK NY 1 SKIDMORE COLLEGE (NY) SARATOGA SPRINGS NY 1 SOUTHAMPTON COLLEGE (LONG ISLAND UNIV.) SOUTHAMPTON NY 1 ST BONAVENTURE UNIVERSITY (NY) SAINT BONAVENTURE NY 1 ST JOHN FISHER COLLEGE ROCHESTER NY 1 ST JOHNS UNIVERSITY - JAMAICA (NY) JAMAICA NY 1 ST LAWRENCE UNIVERSITY (NY) CANTON NY 1 SUNY - ALBANY ALBANY NY 1 SUNY - BUFFALO BUFFALO NY 1 SUNY - CORTLAND CORTLAND NY 1 SUNY - FREDONIA FREDONIA NY 1 SUNY - MARITIME COLLEGE BRONX NY 1 SUNY - STONY BROOK STONY BROOK NY 1 SUNY CANTON COLLEGE OF TECHNOLOGY CANTON NY 1 SUNY COL OF AG & TECH - MORRISVILLE MORRISVILLE NY 1 SUNY COLL OF ENVIR SCIENCE & FORESTRY SYRACUSE NY 1 SUNY COLLEGE - BROCKPORT BROCKPORT NY 1 SUNY COLLEGE - BUFFALO BUFFALO NY 1 SUNY COLLEGE - GENESEO GENESEO NY 1 SUNY COLLEGE - NEW PALTZ NEW PALTZ NY 1 SUNY COLLEGE - OSWEGO OSWEGO NY 1 SUNY COLLEGE - POTSDAM POTSDAM NY 1 SUNY COLLEGE - PURCHASE PURCHASE NY 1 SUNY COLLEGE OF TECH AT ALFRED ALFRED NY 1 SYRACUSE UNIVERSITY (NY) SYRACUSE NY 1 TOURO COLLEGE (NY) NEW YORK NY 1 UNION COLLEGE (NY) SCHENECTADY NY 1 UNITED STATES MERCHANT MARINE ACADEMY KING'S POINT NY 1 UNITED STATES MILITARY ACADEMY-WESTPOINT WEST POINT NY 1 UNIV OF ROCHESTER (NY) ROCHESTER NY 1 UTICA COLLEGE UTICA NY 1 VASSAR COLLEGE (NY) POUGHKEEPSIE NY 1 WAGNER COLLEGE STATEN ISLAND NY 1 WEBB INSTITUTE (NY) GLEN COVE NY 1 WELLS COLLEGE (NY) AURORA NY 1 WORD OF LIFE BIBLE INSTITUTE (NY) POTTERSVILLE NY 1

Merit Award 2004-05 Annual Report Page 24 of 34 12/20/2005 YESHIVA UNIVERSITY (NY) NEW YORK NY 1 ANTIOCH UNIVERSITY (OH) YELLOW SPRINGS OH 1 ASHLAND UNIVERSITY (OH) ASHLAND OH 1 BALDWIN-WALLACE COLLEGE (OH) BEREA OH 1 BLUFFTON UNIVERSITY (OH) BLUFFTON OH 1 BOWLING GREEN STATE UNIVERSITY (OH) BOWLING GREEN OH 1 CAPITAL UNIVERSITY (OH) COLUMBUS OH 1 CASE WESTERN RESERVE UNIV (OH) CLEVELAND OH 1 CEDARVILLE COLLEGE (OH) CEDARVILLE OH 1 CENTRAL STATE UNIVERSITY (OH) WILBERFORCE OH 1 CINCINNATI BIBLE COLLEGE & SEMINARY CINCINNATI OH 1 CINCINNATI STATE TECH & COMMUNITY COLLEG CINCINNATI OH 1 CLEVELAND INSTITUTE OF ART (OH) CLEVELAND OH 1 CLEVELAND INSTITUTE OF MUSIC (OH) CLEVELAND OH 1 CLEVELAND STATE UNIVERSITY (OH) CLEVELAND OH 1 COLLEGE OF MT ST JOSEPH (OH) CINCINNATI OH 1 COLLEGE OF WOOSTER (OH) WOOSTER OH 1 COLUMBUS COLLEGE OF ART AND DESIGN (OH) COLUMBUS OH 1 COLUMBUS STATE COMMUNITY COLLEGE (OH) COLUMBUS OH 1 CUYAHOGA COMMUNITY COLLEGE (OH) CLEVELAND OH 1 DAVIS COLLEGE (OH) TOLEDO OH 1 DEFIANCE COLLEGE (OH) DEFIANCE OH 1 DENISON UNIVERSITY (OH) GRANVILLE OH 1 DEVRY UNIVERSITY (COLUMBUS, OH) COLUMBUS OH 1 FRANCISCAN UNIV OF STEUBENVILLE (OH) STEUBENVILLE OH 1 GODS BIBLE SCH & COLLEGE (OH) CINCINNATI OH 1 GUYAHOGA COMMUNITY COLLEGE-CLEVELAND CLEVELAND OH 1 GUYAHOGA COMMUNITY COLLEGE-HIGHLAND HILL HIGHLAND HILLS VILLA OH 1 HEIDELBERG COLLEGE (OH) TIFFIN OH 1 HIRAM COLLEGE (OH) HIRAM OH 1 HIXSONS SCHOOL OF FLORAL DESIGN (OHIO) LAKEWOOD OH 1 HOBART INST OF WELDING TECHNOLOGY (OH) TROY OH 1 HOCKING COLLEGE (OH) NELSONVILLE OH 1 JOHN CARROLL UNIVERSITY (OH) UNIVERSITY HEIGHTS OH 1 KENT STATE UNIV - KENT CAMPUS KENT OH 1 KENYON COLLEGE (OH) GAMBIER OH 1 KETTERING COLLEGE OF MEDICAL ARTS (OH) KETTERING OH 1 LAKE ERIE COLLEGE (OH) PAINESVILLE OH 1 LIMA TECHNICAL COLLEGE LIMA OH 1 LORAIN COUNTY COMMUNITY COLLEGE ELYRIA OH 1 LOURDES COLLEGE (OH) SYLVANIA OH 1 MALONE COLLEGE (OH) CANTON OH 1 MARIETTA COLLEGE (OH) MARIETTA OH 1 MERCY COLLEGE OF NORTHWEST OHIO TOLEDO OH 1 MIAMI UNIV (OXFORD & MIDDLETOWN) OXFORD OH 1 MOUNT UNION COLLEGE (OH) ALLIANCE OH 1 MOUNT VERNON NAZARENE COLLEGE (OH) MOUNT VERNON OH 1 MUSKINGUM COLLEGE (OH) NEW CONCORD OH 1 MYERS UNIVERSITY CLEVELAND OH 1 NORTHWEST ACADEMY OF MASSOTHERAPY INC MAUMEE OH 1 NORTHWEST STATE COMMUNITY COLLEGE (OH) ARCHBOLD OH 1 NOTRE DAME COLLEGE OF OHIO CLEVELAND OH 1 OBERLIN COLLEGE (OH) OBERLIN OH 1 OHIO COLLEGE OF MASSOTHERAPY AKRON OH 1 OHIO DOMINICAN UNIVERSITY COLUMBUS OH 1 OHIO INSTITUTE OF PHOTOGRAPHY & TECH DAYTON OH 1 OHIO NORTHERN UNIVERSITY ADA OH 1 OHIO STATE UNIVERSITY COLUMBUS OH 1 OHIO STATE UNIVERSITY - MANSFIELD CAMPUS MANSFIELD OH 1

Merit Award 2004-05 Annual Report Page 25 of 34 12/20/2005 OHIO STATE UNIVERSITY AT LIMA, THE LIMA OH 1 OHIO TECHNICAL COLLEGE CLEVELAND OH 1 OHIO UNIVERSITY ATHENS OH 1 OHIO WESLEYAN UNIVERSITY DELAWARE OH 1 OTTERBEIN COLLEGE (OH) WESTERVILLE OH 1 OWENS STATE COMMUNITY COLLEGE (OH) TOLEDO OH 1 PONTIFICAL COLLEGE JOSEPHINUM (OH) COLUMBUS OH 1 RECORDING WORKSHOP CHILLICOTHE OH 1 ROSEDALE BIBLE INSTITUTE (OH) IRWIN OH 1 SINCLAIR COMMUNITY COLLEGE (OH) DAYTON OH 1 STARK STATE COLLEGE OF TECHNOLOGY (OH) CANTON OH 1 STAUTZENBERGER COLLEGE (OH) TOLEDO OH 1 TERRA COMMUNITY COLLEGE (OH) FREMONT OH 1 TIFFIN ACADEMY OF HAIR DESIGN (OH) TIFFIN OH 1 TIFFIN UNIVERSITY (OH) TIFFIN OH 1 TOLEDO ACADEMY OF BEAUTY CULTURE TOLEDO OH 1 TOLEDO DENTAL ACADEMY TOLEDO OH 1 TOLEDO SCHOOL OF PRACTICAL NURSING TOLEDO OH 1 UNIV OF AKRON (OH) AKRON OH 1 UNIV OF CINCINNATI (OH) CINCINNATI OH 1 UNIV OF DAYTON (OH) DAYTON OH 1 UNIV OF FINDLAY (OH) FINDLAY OH 1 UNIV OF NORTHWESTERN OHIO LIMA OH 1 UNIV OF TOLEDO (OH) TOLEDO OH 1 URBANA UNIVERSITY (OH) URBANA OH 1 WILMINGTON COLLEGE (OH) WILMINGTON OH 1 WITTENBERG UNIVERSITY (OH) SPRINGFIELD OH 1 WRIGHT STATE UNIV -MAIN CMPS-DAYTON (OH) DAYTON OH 1 XAVIER UNIVERSITY (OH) CINCINNATI OH 1 YAVNE TEACHERS COLLEGE FOR WOMEN WICKLIFFE OH 1 YOUNGSTOWN STATE UNIVERSITY (OH) YOUNGSTOWN OH 1 CAMERON UNIVERSITY LAWTON OK 1 LANGSTON UNIVERSITY (OK) LANGSTON OK 1 MID-AMERICA CHRISTIAN UNIVERSITY OKLAHOMA CITY OK 1 NATL EDUC CTR-SPARTAN SCH AERONAUT (OK) TULSA OK 1 NORTHEASTERN OKLAHOMA A & M COLLEGE MIAMI OK 1 NORTHEASTERN STATE UNIVERSITY (OK) TAHLEQUAH OK 1 OKLAHOMA BAPTIST UNIVERSITY SHAWNEE OK 1 OKLAHOMA CHRISTIAN UNIV SCI & ARTS OKLAHOMA CITY OK 1 OKLAHOMA CITY UNIVERSITY OKLAHOMA CITY OK 1 OKLAHOMA STATE UNIVERSITY - STILLWATER STILLWATER OK 1 OKLAHOMA WESLEYAN COLLEGE (OK) BARTLESVILLE OK 1 ORAL ROBERTS UNIVERSITY (OK) TULSA OK 1 RHEMA BIBLE TRAINING CTR (OK) ADMISSIONS TULSA OK 1 ROGERS STATE UNIVERSITY CLAREMORE OK 1 SOUTHERN NAZARENE UNIVERSITY BETHANY OK 1 ST GREGORYS UNIVERSITY SHAWNEE OK 1 TULSA COMMUNITY COLLEGE TULSA OK 1 UNIV OF OKLAHOMA NORMAN OK 1 UNIV OF TULSA (OK) TULSA OK 1 ART INSTITUTE OF PORTLAND (OR) PORTLAND OR 1 CENTRAL OREGON COMMUNITY COLLEGE BEND OR 1 EASTERN OREGON STATE COLLEGE LA GRANDE OR 1 LANE COMMUNITY COLLEGE (OR) EUGENE OR 1 LEWIS AND CLARK COLLEGE PORTLAND OR 1 MOUNT HOOD COMMUNITY COLLEGE GRESHAM OR 1 MULTNOMAH BIBLE COLLEGE/SEMINARY (OR) PORTLAND OR 1 OREGON STATE UNIVERSITY CORVALLIS OR 1 PACIFIC NORTHWEST COLLEGE OF ART PORTLAND OR 1

Merit Award 2004-05 Annual Report Page 26 of 34 12/20/2005 PACIFIC UNIVERSITY (OR) FOREST GROVE OR 1 PORTLAND COMMUNITY COLLEGE PORTLAND OR 1 REED COLLEGE (OR) PORTLAND OR 1 SOUTHERN OREGON UNIVERSITY ASHLAND OR 1 SOUTHWESTERN OREGON COMMUNITY COLLEGE COOS BAY OR 1 UMPQUA COMMUNITY COLLEGE ROSEBURG OR 1 UNIV OF OREGON EUGENE OR 1 UNIV OF PORTLAND (OR) PORTLAND OR 1 WESTERN CULINARY INSTITUTE (OR) PORTLAND OR 1 WESTERN OREGON UNIVERSITY MONMOUTH OR 1 WILLAMETTE UNIVERSITY (OR) SALEM OR 1 ACADEMY OF THE NEW CHURCH (PA) BRYN ATHYN PA 1 ALLEGHENY COLLEGE (PA) MEADVILLE PA 1 ART INSTITUTE OF PITTSBURGH (PA) PITTSBURGH PA 1 BAPTIST BIBLE COLG OF PENNSYLVANIA CLARKS SUMMIT PA 1 BRYN MAWR COLLEGE (PA) BRYN MAWR PA 1 BUCKNELL UNIVERSITY (PA) LEWISBURG PA 1 CARNEGIE-MELLON UNIVERSITY (PA) PITTSBURGH PA 1 CEDAR CREST COLLEGE (PA) ALLENTOWN PA 1 CHATHAM COLLEGE PITTSBURGH PA 1 CHESTNUT HILL COLLEGE PHILADELPHIA PA 1 COMMUNITY COLLEGE OF BEAVER COUNTY MONACA PA 1 COMMUNITY COLLEGE OF PHILADELPHIA PHILADELPHIA PA 1 CURTIS INSTITUTE OF MUSIC PHILADELPHIA PA 1 DELAWARE VALLEY COLLEGE DOYLESTOWN PA 1 DICKINSON COLLEGE (PA) CARLISLE PA 1 DOUGLAS EDUCATION CENTER (PA) MONESSEN PA 1 DREXEL UNIVERSITY (PA) PHILADELPHIA PA 1 DUQUESNE UNIVERSITY (PA) PITTSBURGH PA 1 EAST STROUDSBURG UNIVERSITY (PA) EAST STROUDSBURG PA 1 EASTERN UNIVERSITY (PA) ST DAVIDS PA 1 EDINBORO UNIVERSITY OF PENNSYLVANIA EDINBORO PA 1 GANNON UNIVERSITY ERIE PA 1 GENEVA COLLEGE BEAVER FALLS PA 1 GETTYSBURG COLLEGE GETTYSBURG PA 1 GROVE CITY COLLEGE (PA) GROVE CITY PA 1 HAVERFORD COLLEGE (PA) HAVERFORD PA 1 INDIANA UNIV OF PENNSYLVANIA INDIANA PA 1 INTERNATIONAL ACAD OF DESIGN & TECH (PA) PITTSBURGH PA 1 KUTZTOWN UNIV OF PENNSYLVANIA KUTZTOWN PA 1 LAFAYETTE COLLEGE (PA) EASTON PA 1 LASALLE UNIVERSITY (PA) PHILADELPHIA PA 1 LEHIGH UNIVERSITY (PA) BETHLEHEM PA 1 LINCOLN UNIVERSITY (PA) LINCOLN UNIVERSITY PA 1 MERCYHURST COLLEGE (PA) ERIE PA 1 MESSIAH COLLEGE (PA) GRANTHAM PA 1 MUHLENBERG COLLEGE (PA) ALLENTOWN PA 1 NATIONAL PERSONAL TRAINING INST (PA) PHILADELPHIA PA 1 NORTHAMPTON COMMUNITY COLLEGE (PA) BETHLEHEM PA 1 OAKBRIDGE ACADEMY OF ARTS LOWER BURRELL PA 1 PENNSYLVANIA ACAD OF THE FINE ARTS PHILADELPHIA PA 1 PENNSYLVANIA COLLEGE OF TECHNOLOGY WILLIAMSPORT PA 1 PENNSYLVANIA INST OF CULINARY ARTS PITTSBURGH PA 1 PENNSYLVANIA INSTITUTE OF TAXIDERMY INC EBENSBURG PA 1 PENNSYLVANIA STATE UNIV-ABINGTON ABINGTON PA 1 PENNSYLVANIA STATE UNIV-ALTOONA ALTOONA PA 1 PENNSYLVANIA STATE UNIV-BEAVER MONACA PA 1 PENNSYLVANIA STATE UNIV-BERKS READING PA 1 PENNSYLVANIA STATE UNIV-BERKS LEHIG FOGELSVILLE PA 1

Merit Award 2004-05 Annual Report Page 27 of 34 12/20/2005 PENNSYLVANIA STATE UNIV-CAPITAL SCHUYLKILL HAVEN PA 1 PENNSYLVANIA STATE UNIV-CAPITAL CLG MIDDLETOWN PA 1 PENNSYLVANIA STATE UNIV-DELAWARE MEDIA PA 1 PENNSYLVANIA STATE UNIV-DUBOIS DU BOIS PA 1 PENNSYLVANIA STATE UNIV-ERIE ERIE PA 1 PENNSYLVANIA STATE UNIV-FAYETTE UNIONTOWN PA 1 PENNSYLVANIA STATE UNIV-HAZLETON HAZLETON PA 1 PENNSYLVANIA STATE UNIV-HERSHEY MED CTR HERSHEY PA 1 PENNSYLVANIA STATE UNIV-MCKEESPORT MCKEESPORT PA 1 PENNSYLVANIA STATE UNIV-MONT ALTO MONT ALTO PA 1 PENNSYLVANIA STATE UNIV-NEW KENSING NEW KENSINGTON PA 1 PENNSYLVANIA STATE UNIV-SHENANGO SHARON PA 1 PENNSYLVANIA STATE UNIV-UNIVERSITY PARK UNIVERSITY PARK PA 1 PENNSYLVANIA STATE UNIV-WILKES-BARR LEHMAN PA 1 PENNSYLVANIA STATE UNIV-WORTHINGTON DUNMORE PA 1 PENNSYLVANIA STATE UNIV-YORK YORK PA 1 PHILADELPHIA COLLEGE OF BIBLE (PA) LANGHORNE PA 1 PHILADELPHIA UNIVERSITY (PA) PHILADELPHIA PA 1 PITTSBURGH TECHNICAL INSTITUTE (PA) PITTSBURGH PA 1 POINT PARK COLLEGE (PA) PITTSBURGH PA 1 READING AREA COMMUNITY COLLEGE READING PA 1 ROBERT MORRIS UNIVERSITY (PA) CORAOPOLIS PA 1 ROSEMONT COLLEGE (PA) ROSEMONT PA 1 SHIPPENSBURG UNIVERSITY (PA) SHIPPENSBURG PA 1 SLIPPERY ROCK UNIVERSITY (PA) SLIPPERY ROCK PA 1 ST FRANCIS COLLEGE (PA) LORETTO PA 1 ST JOSEPHS UNIVERSITY (PA) PHILADELPHIA PA 1 ST VINCENT COLLEGE LATROBE PA 1 SWARTHMORE COLLEGE (PA) SWARTHMORE PA 1 TEMPLE UNIV - MAIN CAMPUS (PA) PHILADELPHIA PA 1 TEMPLE UNIV - SCHL OF ALLIED HEALTH (PA) PHILADELPHIA PA 1 THE CURTIS INSTITUTE OF MUSIC (PA) PHILADELPHIA PA 1 THIEL COLLEGE (PA) GREENVILLE PA 1 UNIV OF PENNSYLVANIA PHILADELPHIA PA 1 UNIV OF PITTSBURGH - BRADFORD (PA) BRADFORD PA 1 UNIV OF PITTSBURGH - PITTSBURGH/MAIN PITTSBURGH PA 1 UNIV OF PITTSBURGH AT TITUSVILLE TITUSVILLE PA 1 UNIV OF THE ARTS (PA) PHILADELPHIA PA 1 UNIV OF THE SCIENCES IN PHILADELPHIA (PA PHILADELPHIA PA 1 URSINUS COLLEGE (PA) COLLEGEVILLE PA 1 VALLEY FORGE CHRISTIAN COLLEGE PHOENIXVILLE PA 1 VET TECH INSTITUTE (MEDIAN SCHOOL) PITTSBURG PA 1 VILLANOVA UNIVERSITY (PA) VILLANOVA PA 1 WASHINGTON AND JEFFERSON COLLEGE WASHINGTON PA 1 WESTERN PENNSYLVANIA SCHOOL OF TAXIDERMY OLIVEBURG PA 1 WESTMINSTER COLLEGE (PA) NEW WILMINGTON PA 1 WIDENER UNIVERSITY (PA) CHESTER PA 1 WILKES UNIVERSITY (PA) WILKES-BARRE PA 1 WILLIAMSON FREE SCHOOL OF MECH TRADES MEDIA PA 1 WYOTECH (PA) BLAIRSVILLE PA 1 YORK COLLEGE OF PENNSYLVANIA YORK PA 1 BROWN UNIVERSITY (RI) PROVIDENCE RI 1 BRYANT COLLEGE (RI) SMITHFIELD RI 1 JOHNSON & WALES UNIVERSITY (RI) PROVIDENCE RI 1 PROVIDENCE COLLEGE (RI) PROVIDENCE RI 1 RHODE ISLAND SCHOOL OF DESIGN PROVIDENCE RI 1 ROGER WILLIAMS UNIVERSITY BRISTOL RI 1 SALVE REGINA UNIVERSITY NEWPORT RI 1 UNIV OF RHODE ISLAND KINGSTON RI 1

Merit Award 2004-05 Annual Report Page 28 of 34 12/20/2005 ANDERSON COLLEGE (SC) ANDERSON SC 1 BENEDICT COLLEGE (SC) COLUMBIA SC 1 BOB JONES UNIVERSITY (SC) GREENVILLE SC 1 CHARLESTON SOUTHERN UNIVERSITY (SC) CHARLESTON SC 1 CITADEL, THE (SC) CHARLESTON SC 1 CLAFLIN UNIVERSITY (SC) ORANGEBURG SC 1 CLEMSON UNIVERSITY (SC) CLEMSON SC 1 COASTAL CAROLINA UNIVERSITY (SC) CONWAY SC 1 COKER COLLEGE (SC) HARTSVILLE SC 1 COLLEGE OF CHARLESTON (SC) CHARLESTON SC 1 COLUMBIA INTERNATIONAL UNIVERSITY COLUMBIA SC 1 ERSKINE COLLEGE (SC) DUE WEST SC 1 FURMAN UNIVERSITY (SC) GREENVILLE SC 1 GREENVILLE TECHNICAL COLLEGE (SC) GREENVILLE SC 1 LANDER UNIVERSITY GREENWOOD SC 1 LIMESTONE COLLEGE (SC) GAFFNEY SC 1 NORTH GREENVILLE COLLEGE TIGERVILLE SC 1 PRESBYTERIAN COLLEGE CLINTON SC 1 SOUTH CAROLINA STATE COLLEGE (SC) ORANGEBURG SC 1 SOUTHERN WESLEYAN UNIVERSITY (SC) CENTRAL SC 1 SPARTANBURG TECHNICAL COLLEGE SPARTANBURG SC 1 TRIDENT TECHNICAL COLLEGE (SC) CHARLESTON SC 1 UNIV OF SOUTH CAROLINA - BEAUFORT BEAUFORT SC 1 UNIV OF SOUTH CAROLINA - COLUMBIA COLUMBIA SC 1 UNIV OF SOUTH CAROLINA - SPARTANBURG SPARTANBURG SC 1 WINTHROP UNIVERSITY (SC) ROCK HILL SC 1 AUGUSTANA COLLEGE (SD) SIOUX FALLS SD 1 BLACK HILLS STATE UNIVERSITY (SD) SPEARFISH SD 1 DAKOTA WESLEYAN UNIVERSITY (SD) MITCHELL SD 1 HURON UNIVERSITY (SD) HURON SD 1 NORTHERN STATE UNIVERSITY (SD) ABERDEEN SD 1 SOUTH DAKOTA SCHOOL OF MINES & TECHNOLOG RAPID CITY SD 1 SOUTH DAKOTA STATE UNIVERSITY BROOKINGS SD 1 UNIV OF SIOUX FALLS SIOUX FALLS SD 1 UNIV OF SOUTH DAKOTA - VERMILLION VERMILLION SD 1 AUSTIN PEAY STATE UNIVERSITY (TN) CLARKSVILLE TN 1 BELMONT UNIVERSITY (TN) NASHVILLE TN 1 BRYAN COLLEGE (TN) DAYTON TN 1 CARSON-NEWMAN COLLEGE JEFFERSON CITY TN 1 CHRISTIAN BROTHERS UNIVERSITY (TN) MEMPHIS TN 1 CLEVELAND STATE COMMUNITY COLLEGE CLEVELAND TN 1 COLUMBIA STATE COMMUNITY COLLEGE (TN) COLUMBIA TN 1 CRICHTON COLLEGE (TN) MEMPHIS TN 1 CROWN COLLEGE OF THE BIBLE POWELL TN 1 CUMBERLAND UNIVERSITY (TN) LEBANON TN 1 DAVID LIPSCOMB UNIVERSITY (TN) NASHVILLE TN 1 EAST TENNESSEE STATE UNIV JOHNSON CITY TN 1 FISK UNIVERSITY (TN) NASHVILLE TN 1 FREE WILL BAPTIST BIBLE COLLEGE NASHVILLE TN 1 FREED-HARDEMAN UNIVERSITY (TN) HENDERSON TN 1 HIGH TECH INSTITUTE (TN) NASHVILLE TN 1 JACKSON STATE COMMUNITY COLLEGE (TN) JACKSON TN 1 JOHNSON BIBLE COLLEGE (TN) KNOXVILLE TN 1 LANE COLLEGE (TN) JACKSON TN 1 LE MOYNE-OWEN COLLEGE (TN) MEMPHIS TN 1 LEE UNIVERSITY (TN) CLEVELAND TN 1 LINCOLN MEMORIAL UNIVERSITY HARROGATE TN 1 MARYVILLE COLLEGE MARYVILLE TN 1 MIDDLE TENNESSEE STATE UNIV MURFREESBORO TN 1

Merit Award 2004-05 Annual Report Page 29 of 34 12/20/2005 MILLIGAN COLLEGE (TN) MILLIGAN COLLEGE TN 1 NASHVILLE AUTO DIESEL COLLEGE (TN) NASHVILLE TN 1 NASHVILLE STATE TECH INST (TN) NASHVILLE TN 1 PELLISSIPPI STATE TECH COM COL (TN) KNOXVILLE TN 1 RHODES COLLEGE MEMPHIS TN 1 ROANE STATE COMMUNITY COLLEGE (TN) HARRIMAN TN 1 SAE INSTITUTE OF TECH (NASHVILLE) NASHVILLE TN 1 SOUTHERN ADVENTIST UNIVERSITY (TN) COLLEGEDALE TN 1 TENNESSEE STATE UNIVERSITY NASHVILLE TN 1 TENNESSEE TECHNOLOGICAL UNIVERSITY COOKEVILLE TN 1 TENNESSEE TEMPLE UNIVERSITY CHATTANOOGA TN 1 TREVECCA NAZARENE UNIVERSITY (TN) NASHVILLE TN 1 UNION UNIVERSITY (TN) JACKSON TN 1 UNIV OF MEMPHIS (TN) MEMPHIS TN 1 UNIV OF TENNESSEE - CHATTANOOGA CHATTANOOGA TN 1 UNIV OF TENNESSEE - KNOXVILLE KNOXVILLE TN 1 UNIV OF TENNESSEE - MARTIN MARTIN TN 1 UNIV OF THE SOUTH (TN) SEWANEE TN 1 VANDERBILT UNIVERSITY (TN) NASHVILLE TN 1 VOLUNTEER STATE COMMUNITY COLLEGE GALLATIN TN 1 WALTERS STATE COMMUNITY COLLEGE (TN) MORRISTOWN TN 1 ABILENE CHRISTIAN UNIVERSITY (TX) ABILENE TX 1 AMARILLO COLLEGE AMARILLO TX 1 AUSTIN COMMUNITY COLLEGE AUSTIN TX 1 BAYLOR UNIVERSITY (TX) WACO TX 1 BLINN COLLEGE BRENHAM TX 1 BROOKHAVEN COLLEGE (TX) FARMERS BRANCH TX 1 CENTRAL TEXAS COLLEGE KILLEEN TX 1 CHRIST FOR THE NATIONS (TX) DALLAS TX 1 COASTAL BEND COLLEGE BEEVILLE TX 1 DEL MAR COLLEGE (TX) CORPUS CHRISTI TX 1 EAST TEXAS BAPTIST UNIV MARSHALL TX 1 EASTFIELD COMMUNITY COLLEGE (TX) MESQUITE TX 1 GRAYSON COUNTY COLLEGE DENISON TX 1 HOUSTON BAPTIST UNIVERSITY HOUSTON TX 1 HOUSTON COMMUNITY COLLEGE HOUSTON TX 1 LAMAR UNIVERSITY BEAUMONT TX 1 LETOURNEAU UNIVERSITY (TX) LONGVIEW TX 1 MCMURRY UNIVERSITY ABILENE TX 1 MIDWESTERN STATE UNIVERSITY WICHITA FALLS TX 1 OCEAN CORPORATION (THE) HOUSTON TX 1 PRAIRIE VIEW A&M UNIVERSITY (TX) PRAIRIE VIEW TX 1 RICE UNIVERSITY (TX) HOUSTON TX 1 SAM HOUSTON STATE UNIVERSITY (TX) HUNTSVILLE TX 1 SAN JACINTO COLLEGE FOUNDATION PASADENA TX 1 SOUTH PLAINS COLLEGE LEVELLAND TX 1 SOUTHERN METHODIST UNIVERSITY (TX) DALLAS TX 1 SOUTHWEST TEXAS STATE UNIVERSITY SAN MARCOS TX 1 SOUTHWESTERN ADVENTIST UNIVERSITY KEENE TX 1 SOUTHWESTERN ASSEMBLIES OF GOD WAXAHACHIE TX 1 ST EDWARDS UNIVERSITY AUSTIN TX 1 ST MARYS UNIVERSITY OF SAN ANTONIO (TX) SAN ANTONIO TX 1 SUL ROSS STATE UNIVERSITY ALPINE TX 1 TARRANT COUNTY COLLEGE DISTRICT (TX) FORT WORTH TX 1 TEXAS A&M INTERNATIONAL UNIVERSITY LAREDO TX 1 TEXAS A&M UNIVERSITY - COLLEGE STATION COLLEGE STATION TX 1 TEXAS A&M UNIVERSITY - CORPUS CHRISTI CORPUS CHRISTI TX 1 TEXAS A&M UNIVERSITY - GALVESTON GALVESTON TX 1 TEXAS CHRISTIAN UNIVERSITY FORT WORTH TX 1

Merit Award 2004-05 Annual Report Page 30 of 34 12/20/2005 TEXAS SOUTHERN UNIVERSITY HOUSTON TX 1 TEXAS TECH UNIVERSITY LUBBOCK TX 1 TRINITY UNIVERSITY (TX) SAN ANTONIO TX 1 TYLER JUNIOR COLLEGE (TX) TYLER TX 1 UNIV OF DALLAS IRVING TX 1 UNIV OF HOUSTON (TX) HOUSTON TX 1 UNIV OF HOUSTON - CLEAR LAKE (TX) HOUSTON TX 1 UNIV OF HOUSTON - VICTORIA (TX) VICTORIA TX 1 UNIV OF NORTH TEXAS DENTON TX 1 UNIV OF TEXAS - ARLINGTON ARLINGTON TX 1 UNIV OF TEXAS - AUSTIN AUSTIN TX 1 UNIV OF TEXAS - EL PASO EL PASO TX 1 UNIV OF TEXAS - PAN AMERICAN EDINBURG TX 1 UNIV OF TEXAS AT DALLAS RICHARDSON TX 1 UNIV OF TEXAS AT SAN ANTONIO SAN ANTONIO TX 1 UNIV OF TEXAS AT TYLER TYLER TX 1 UNIVERSAL TECHNICAL INSTITUTE (TX) HOUSTON TX 1 WHARTON COUNTY JUNIOR COLLEGE (TX) WHARTON TX 1 BRIGHAM YOUNG UNIVERSITY (UT) PROVO UT 1 COLLEGE OF EASTERN UTAH PRICE UT 1 DIXIE STATE COLLEGE (UT) ST GEORGE UT 1 LDS BUSINESS COLLEGE SALT LAKE CITY UT 1 SALT LAKE COMMUNITY COLLEGE (UT) SALT LAKE CITY UT 1 SOUTHERN UTAH UNIVERSITY CEDAR CITY UT 1 UNIV OF UTAH SALT LAKE CITY UT 1 UTAH COLLEGE OF MASSAGE THERAPY SALT LAKE CITY UT 1 UTAH STATE UNIVERSITY LOGAN UT 1 UTAH VALLEY STATE COLLEGE OREM UT 1 VON CURTIS ACADEMY OF HAIR DESIGN PROVO UT 1 WEBER STATE UNIVERSITY (UT) OGDEN UT 1 WESTMINSTER COLLEGE (UT) SALT LAKE CITY UT 1 AVERETT UNIVERSITY DANVILLE VA 1 BLUE RIDGE COMMUNITY COLLEGE WEYERS CAVE VA 1 COLLEGE OF WILLIAM & MARY (VA) WILLIAMSBURG VA 1 EASTERN MENNONITE UNIVERSITY (VA) HARRISONBURG VA 1 EMORY & HENRY COLLEGE EMORY VA 1 GEORGE MASON UNIVERSITY (VA) FAIRFAX VA 1 HAMPDEN-SYDNEY COLLEGE (VA) HAMPDEN-SYDNEY VA 1 HAMPTON UNIVERSITY (VA) HAMPTON VA 1 HOLLINS UNIV (VA) ROANOKE VA 1 JAMES MADISON UNIVERSITY (VA) HARRISONBURG VA 1 LIBERTY UNIVERSITY (VA) LYNCHBURG VA 1 LORD FAIRFAX COMMUNITY COLLEGE MIDDLETOWN VA 1 MARY WASHINGTON COLLEGE FREDERICKSBURG VA 1 MARYMOUNT UNIVERSITY (VA) ARLINGTON VA 1 MEDICAL TRANSCRIPTION ADV CAREER CENTER WILLIAMSBURG VA 1 NORFOLK STATE UNIVERSITY (VA) NORFOLK VA 1 NORTHERN VIRGINIA COMMUNITY COLLEGE ANNANDALE VA 1 OLD DOMINION UNIVERSITY (VA) NORFOLK VA 1 PATRICK HENRY COLLEGE PURCELLVILLE VA 1 RADFORD UNIVERSITY (VA) RADFORD VA 1 RANDOLPH-MACON COLLEGE (VA) ASHLAND VA 1 RANDOLPH-MACON WOMANS COLLEGE (VA) LYNCHBURG VA 1 ROANOKE COLLEGE (VA) SALEM VA 1 SHENANDOAH UNIVERSITY (VA) WINCHESTER VA 1 SOUTHERN VIRGINIA UNIVERSITY BUENA VISTA VA 1 SWEET BRIAR COLLEGE (VA) SWEET BRIAR VA 1 THOMAS NELSON COMMUNITY COLLEGE (VA) HAMPTON VA 1 TIDEWATER COMMUNITY COLLEGE (VA) NORFOLK VA 1

Merit Award 2004-05 Annual Report Page 31 of 34 12/20/2005 UNIV OF RICHMOND (VA) RICHMOND VA 1 UNIV OF VIRGINIA CHARLOTTESVILLE VA 1 VIRGINIA BEACH SCHOOL OF PRACTICAL NURSI VIRGINIA BEACH VA 1 VIRGINIA COMMONWEALTH UNIVERSITY RICHMOND VA 1 VIRGINIA INTERMONT COLLEGE BRISTOL VA 1 VIRGINIA MILITARY INSTITUTE LEXINGTON VA 1 VIRGINIA POLYTECH INSTITUTE & STATE UNIV BLACKSBURG VA 1 VIRGINIA STATE UNIVERSITY PETERSBURG VA 1 VIRGINIA WESLEYAN COLLEGE NORFOLK VA 1 WASHINGTON AND LEE UNIVERSITY (VA) LEXINGTON VA 1 UNIV OF THE VIRGIN ISLANDS--ST THOMAS ST THOMAS VI 1 BENNINGTON COLLEGE (VT) BENNINGTON VT 1 CHAMPLAIN COLLEGE (VT) BURLINGTON VT 1 COMMUNITY COLLEGE OF VERMONT WATERBURY VT 1 GREEN MOUNTAIN COLLEGE POULTNEY VT 1 JOHNSON STATE COLLEGE JOHNSON VT 1 LANDMARK COLLEGE (VT) PUTNEY VT 1 MIDDLEBURY COLLEGE (VT) MIDDLEBURY VT 1 NATIONAL MIDWIFERY INSTITUTE BRISTOL VT 1 NEW ENGLAND CULINARY INSTITUTE MONTPELIER VT 1 NORWICH UNIVERSITY (VT) NORTHFIELD VT 1 STERLING COLLEGE (VT) CRAFTSBURY COMMON VT 1 UNIV OF VERMONT BURLINGTON VT 1 ART INSTITUTE OF SEATTLE (WA) SEATTLE WA 1 ASHMEAD COLLEGE VANCOUVER WA 1 BATES TECHNICAL COLLEGE (WA) TACOMA WA 1 BELLINGHAM TECHNICAL COLLEGE (WA) BELLINGHAM WA 1 CITY UNIVERSITY (WA) BELLEVUE WA 1 CORNISH COLLEGE OF THE ARTS SEATTLE WA 1 DIGIPEN INSTITUTE OF TECHNOLOGY REDMOND WA 1 EASTERN WASHINGTON UNIVERSITY (WA) CHENEY WA 1 EVERGREEN STATE COLLEGE, THE (WA) OLYMPIA WA 1 GONZAGA UNIVERSITY (WA) SPOKANE WA 1 GRAYS HARBOR COLLEGE ABERDEEN WA 1 GREEN RIVER COMMUNITY COLLEGE AUBURN WA 1 HIGHLINE COMMUNITY COLLEGE (WA) DES MOINES WA 1 OLYMPIC COLLEGE BREMERTON WA 1 PACIFIC LUTHERAN UNIVERSITY (WA) TACOMA WA 1 PIERCE COLLEGE (WA) PUYALLUP WA 1 SEATTLE CENTRAL COMMUNITY COLLEGE SEATTLE WA 1 SEATTLE PACIFIC UNIVERSITY (WA) SEATTLE WA 1 SEATTLE UNIVERSITY (WA) SEATTLE WA 1 SHORELINE COMMUNITY COLLEGE (WA) SHORELINE WA 1 SKAGIT VALLEY COLLEGE (WA) MT VERNON WA 1 SPOKANE COMMUNITY COLLEGE SPOKANE WA 1 TACOMA COMMUNITY COLLEGE (WA) TACOMA WA 1 UNIV OF PUGET SOUND (WA) TACOMA WA 1 UNIV OF WASHINGTON SEATTLE WA 1 WALLA WALLA COLLEGE COLLEGE PLACE WA 1 WASHINGTON STATE UNIVERSITY PULLMAN WA 1 WESTERN WASHINGTON UNIVERSITY BELLINGHAM WA 1 WHITMAN COLLEGE (WA) WALLA WALLA WA 1 YAKIMA VALLEY COMMUNITY COLLEGE (WA) YAKIMA WA 1 BELLIN HOSPITAL SCHOOL OF RADIOLOGY TECH GREEN BAY WI 1 BELOIT COLLEGE (WI) BELOIT WI 1 CARROLL COLLEGE (WI) WAUKESHA WI 1 CARTHAGE COLLEGE (WI) KENOSHA WI 1 CHIPPEWA VALLEY TECHNICAL COLLEGE (WI) EAU CLAIRE WI 1 CONCORDIA UNIVERSITY (WI) MEQUON WI 1

Merit Award 2004-05 Annual Report Page 32 of 34 12/20/2005 EDGEWOOD COLLEGE (WI) MADISON WI 1 FOX VALLEY TECHNICAL COLLEGE (WI) APPLETON WI 1 GILL-TECH ACADEMY OF HAIR DESIGN APPLETON WI 1 ITT TECHNICAL INSTITUTE (WI) GREENBAY WI 1 LAKELAND COLLEGE (WI) SHEBOYGAN WI 1 LAKESHORE TECHNICAL COLLEGE CLEVELAND WI 1 LAKESIDE SCHOOL OF MASSAGE THERAPY MILWAUKEE WI 1 LAWRENCE UNIVERSITY (WI) APPLETON WI 1 MARANATHA BAPTIST BIBLE COLLEGE (WI) WATERTOWN WI 1 MARQUETTE UNIVERSITY (WI) MILWAUKEE WI 1 MARTINS SCHOOL OF HAIR DESIGN-GREEN BAY GREEN BAY WI 1 MID-STATE TECHNICAL COLLEGE WISCONSIN RAPIDS WI 1 MILWAUKEE AREA TECHNICAL COLLEGE MILWAUKEE WI 1 MILWAUKEE INSTITUTE OF ART & DESIGN MILWAUKEE WI 1 MILWAUKEE SCH OF ENGINEERING (WI) MILWAUKEE WI 1 MORAINE PARK TECHNICAL COLLEGE FOND DU LAC WI 1 MOUNT MARY COLLEGE (WI) MILWAUKEE WI 1 NEW TRIBES BIBLE INSTITUTE (WI) WAUKESHA WI 1 NICOLET AREA TECHNICAL COLLEGE (WI) RHINELANDER WI 1 NORTHCENTRAL TECHNICAL COLLEGE (WI) WAUSAU WI 1 NORTHEAST WISCONSIN TECHNICAL CLG GREEN BAY WI 1 NORTHLAND BAPTIST BIBLE COLLEGE DUNBAR WI 1 NORTHLAND COLLEGE (WI) ASHLAND WI 1 RIPON COLLEGE (WI) RIPON WI 1 SILVER LAKE COLLEGE MANITOWOC WI 1 ST NORBERT COLLEGE (WI) DE PERE WI 1 UNIV OF WISCONSIN - 2 YEAR CAMPUSES MADISON WI 1 UNIV OF WISCONSIN - BARRON COUNTY RICE LAKE WI 1 UNIV OF WISCONSIN - EAU CLAIRE EAU CLAIRE WI 1 UNIV OF WISCONSIN - GREEN BAY GREEN BAY WI 1 UNIV OF WISCONSIN - LA CROSSE LA CROSSE WI 1 UNIV OF WISCONSIN - MADISON MADISON WI 1 UNIV OF WISCONSIN - MARINETTE MARINETTE WI 1 UNIV OF WISCONSIN - MILWAUKEE MILWAUKEE WI 1 UNIV OF WISCONSIN - OSHKOSH OSHKOSH WI 1 UNIV OF WISCONSIN - PARKSIDE KENOSHA WI 1 UNIV OF WISCONSIN - RIVER FALLS RIVER FALLS WI 1 UNIV OF WISCONSIN - STEVENS POINT STEVENS POINT WI 1 UNIV OF WISCONSIN - STOUT MENOMONIE WI 1 UNIV OF WISCONSIN - SUPERIOR SUPERIOR WI 1 UNIV OF WISCONSIN - WAUKESHA WAUKESHA WI 1 UNIV OF WISCONSIN - WHITEWATER WHITEWATER WI 1 VITERBO COLLEGE (WI) LA CROSSE WI 1 WISCONSIN COLLEGE OF COSMOTOLOGY GREEN BAY WI 1 WISCONSIN INDIANHEAD TECH CLG - SUPERIOR SUPERIOR WI 1 WISCONSIN INDIANHEAD TECH CLG-RICE LAKE RICE LAKE WI 1 WISCONSIN INDIANHEAD TECHNICAL COLLEGE SHELL LAKE WI 1 WISCONSIN LUTHERAN COLLEGE MILWAUKEE WI 1 ALDERSON-BROADDUS COLLEGE (WV) PHILIPPI WV 1 AMERICAN PUBLIC UNIVERSITY SYSTEM (WV) CHARLES TOWN WV 1 APPALACHIAN BIBLE COLLEGE (WV) BRADLEY WV 1 BETHANY COLLEGE (WV) BETHANY WV 1 FAIRMONT STATE COLLEGE (WV) FAIRMONT WV 1 MARSHALL UNIVERSITY (WV) HUNTINGTON WV 1 SALEM INTERNATIONAL UNIVERSITY (WV) SALEM WV 1 SHEPHERD UNIVERSITY SHEPHERDSTOWN WV 1 UNIV OF CHARLESTON (WV) CHARLESTON WV 1 WEST LIBERTY STATE COLLEGE (WV) WEST LIBERTY WV 1 WEST VIRGINIA STATE COLLEGE INSTITUTE WV 1

Merit Award 2004-05 Annual Report Page 33 of 34 12/20/2005 WEST VIRGINIA TRAINING SCHOOL POINT PLEASANT WV 1 WEST VIRGINIA UNIVERSITY - MORGANTOWN MORGANTOWN WV 1 WEST VIRGINIA UNIVERSITY INST OF TECH MONTGOMERY WV 1 WEST VIRGINIA WESLEYAN COLLEGE BUCKHANNON WV 1 WHEELING JESUIT UNIVERSITY WHEELING WV 1 CENTRAL WYOMING COLLEGE RIVERTON WY 1 FRONTIER SCHOOL OF THE BIBLE LA GRANGE WY 1 LARAMIE COUNTY COMMUNITY CLG (WY) CHEYENNE WY 1 NORTHWEST COMMUNITY COLLEGE (WY) POWELL WY 1 UNIV OF WYOMING LARAMIE WY 1 WYOMING TECHNICAL INSTITUTE (WY) LARAMIE WY 1 1593

Merit Award 2004-05 Annual Report Page 34 of 34 12/20/2005

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