FINANCING RECEIVABLES (Tables)

12 Months Ended

Jun. 30, 2012

Institutional Loan Balances and Related Allowances for Credit Losses

The following table details the institutional loan balances along with the related allowances for credit losses as of June 30, 2012 and 2011.

	As of June 30,
	2012						2011
	(Dollars in thousands)
Gross Institutional Student Loans				$	54,779					$	50,025
Allowance for Credit Losses
Balance at Beginning of Period		(20,284	)					(16,652	)
Charge-offs		10,612						10,222
Recoveries		(457	)					(329	)
Additional Provision		(8,132	)					(13,525	)
Balance at End of Period					(18,261	)					(20,284	)
Net Institutional Student Loans				$	36,518					$	29,741

Credit Risk Profiles of Institutional Student Loan Balances

The following tables detail the credit risk profiles of the institutional student loan balances based on payment activity and provide an aging analysis of past due institutional student loans as of June 30, 2012 and 2011. Loans are considered nonperforming if they are more than 120 days past due (dollars in thousands).

	As of June 30,
	2012		2011
Institutional Student Loans:
Performing	$	41,704	$	37,168
Nonperforming		13,075		12,857
Total Institutional Student Loans	$	54,779	$	50,025

Institutional Student Loans Past Due

	30-59 Days Past Due		60-89 Days Past Due		90-119 Days Past Due		Greater Than 120 Days Past Due		Total Past Due		Current		Total Institutional Student Loans
Institutional Student Loans:
June 30, 2012	$	3,803	$	1,587	$	1,269	$	13,075		19,734	$	35,045	$	54,779
June 30, 2011	$	3,405	$	1,705	$	1,444	$	12,857		19,411	$	30,614	$	50,025