Complex sentence: As of late 2010, ISA was affiliated with 242 universities and awarded $60,000 in scholarships each year, with $40,000 reserved for students originating at affiliate universities.
Split into simpler sentences: As of late 2010, ISA was affiliated with 242 universities. ISA awards $60,000 in scholarships each year, with $40,000 reserved for students who originate at affiliate universities.