As well as that problem there are a few issues with your code that you might want to bear in mind.
Firstly, if there is an error between opening and closing the connection (as indeed there was) then you're probably going to leave connections open. Eventually this will choke your site. Use
using (SqlConnection cn = new SqlConnection())
{
}
when you're out of the scope of the using statement the connection will be closed and disposed of.
Also, you probably want to parameterize your query (for reasons both of security and efficiency), so that it is
sql = "SELECT inst_name FROM institude WHERE(inst_id=@inst_id)";
Then add that parameter to your command object and set its value to your combo box selected item value.