EXHIBIT II - F

                                    STATEMENT OF OPERATIONS

                         Facility__________________Month of__________________

                                                                   Year-to-Date
    Month                                                                                                         Variance
Variance                                        Regular         Summer       Conference,         Total           from Plan
from Plan Actual                                Sessions %    Sessions  %   Catering   %        Amount %        Amount   % 

                  INCOME:
                    Room & Board
                    Forfeits
_________ ______      Other                 ____________ ____ _________ ____ ________  ____   _________  ____    ______ ____
_________ ______      Total Oper.  Income   ____________ ____ _________ ____ ________  ____   _________  ____    ______ ____
                  HOUSEHOLD EXPENSE:
                    Administration and clerical
                    Housekeeping
                    Linen  Service
                    Telephone Service
                    Repairs & Maintenance
                      Ordinary
                    Utilities
_________ ______    Miscellaneous           ____________ ____ __________ ____ _______ _____   __________ ____    ______ ____
_________ ______      Total  Household      ____________ ____ __________ ____ _______ _____   __________ ____    ______ ____
                  FOOD SERVICE EXPENSE:
                    Administration
                    Raw Food  Cost
                    Food Preparation,
                    Serving & Clean-up
                    Repairs & Maintenance
                      Ordinary
                    Utilities
_________ ______    Miscellaneous          _____________ ____ __________ ____ ______ _____   __________ ____      ______ ____
_________ ______      Total Food Service   _____________ ____ __________ ____ ______ _____   __________ ____      ______ ____
_________ ______  STUDENT PROGRAM          _____________ ____ __________ ____ ______ _____   __________ ____      ______ ____
                  GENERAL EXPENSES
                    Administration Recharges
                    Grounds Maintenance
_________ ______    (Other Direct Charges) _____________ ____ __________ ____ ______ _____   __________ ____      _______ ____
_________ ______      Total Oper. Expenses _____________ ____ __________ ____ ______ _____   __________ ____      _______ ____
  
                  NET REVENUE
                     Less Target Assessment:   (Note:  The Target assessment is to be reported in the  Regular
                       Debt Serv. & Contg.         Sessions  and total columns only.)
                       Major Maint. & Equip.
_________ ______         Replacement Res.  _____________ ____ __________ ____ ______ _____   __________ ____      ________ ____

_________ ______     Surplus (Deficit)     _____________ ____ __________ ____ ______ _____   __________ ____      ________ ____

NOTE:  The Regular Sessions, Summer Sessions, and (Conference & Catering   columns are not required for apartment
       units.