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        <ExplanationTxt>THE UNIVERSITY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. THE POLICY IS PUBLICIZED IN THE ACADEMIC CATALOG AND ON THE WEBSITE.</ExplanationTxt>
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        <ExplanationTxt>THE UNIVERSITY HAS A CONFLICT OF INTEREST POLICY THAT IS MONITORED BY HAVING EVERY BOARD MEMBER SIGN A COMPLIANCE AND DISCLOSURE STATEMENT ANNUALLY.</ExplanationTxt>
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        <ExplanationTxt>THE BOARD OF DIRECTORS APPROVES CEO COMPENSATION BASED ON REASONABLE, COMPARABLE DATA FOR EDUCATIONAL INSTITUTIONS IN CALIFORNIA AND THE PROCEEDINGS ARE RECORDED IN MEETING MINUTES.</ExplanationTxt>
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        <ExplanationTxt>THE BOARD OF DIRECTORS APPROVES OFFICER AND EXECUTIVE COMPENSATION BASED ON REASONABLE, COMPARABLE DATA FOR EDUCATIONAL INSTITUTIONS IN CALIFORNIA AND THE PROCEEDINGS ARE RECORDED IN MEETING MINUTES.</ExplanationTxt>
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</Return>
