There are various kinds of student exchange programs between the United States and other countries. Here are some that most interest foreign students.
    ASSE is the American Scandinavian Student Exchange. This program was established in Sweden in nineteen seventy-six to organize exchanges with the United States. It expanded to include students in Denmark, Norway, and Finland. Today ASSE organizes international exchanges for high school students in thirty-one countries. The students live with a family and attend school for a year.
    Other programs also offer high school students a chance to come to the United States, like the Program of Academic Exchange, or PAE.
    For college students, there are programs like the International Student Exchange Program, or ISEP. This is a group of almost three hundred colleges in thirty-nine countries. ISEP is an independent organization that was supported by the United States government until nineteen ninety-six. ISEP is a true exchange program. That means two students from different countries trade places for a semester or a year.
    Work and Travel USA is also for college students. But this program is not for those who want to study in the United States. It provides international students with the chance to work for up to four months while exploring American life. The State Department says they generally work in hotels, restaurants and amusement parks but may also work for other employers. An organization called CIEE administers this program. It says students must understand that the money they earn from their work may not be enough to pay all of their costs.

Which of the following statements is NOT true about ISEP?（）