Hussain,
First of all, kudos on the great work!
Considering that I am the first one to put up a query of this kind, this might come off across as incredibly stupid. When I try to input 4 new colleges in the drop downs in 'Dashboard 1' it says , this file is currently protected. Unprotect it by going to the Tools Menu-->Unprotect. It will prompt you for a password.
Has anybody else come across this problem?
Note: I am using the compatibility pack and have Excel 2003. If that helps.