Leonard Gude Receives Distinguished Service Award

Frederick, MD, June 7, 2007 – Regent Education, the leading provider of financial aid management software solutions for higher education institutions, announced today that Leonard Gude, Regent’s Vice President of Financial Aid Solutions, was presented with a Distinguished Service Award from the Florida Association of Student Financial Aid Administrators (FASFAA) during the FASFAA Spring Conference.

“FASFAA’s Distinguished Service Award is bestowed on a FASFAA member who has made a significant contribution to the financial aid community at the national, regional, and/or state level,” said Tom Judge, former President of FASFAA. “We are proud to present this award to such a deserving candidate in Leonard, who has provided leadership and innovation throughout the financial aid community.”

Leonard has been a very active member of the Florida Association of Student Financial Aid Administrators (FASFAA) for nearly 30 years, holding both elected and appointed offices. Previously, Leonard served as President of FASFAA from 2002-2003. Other positions Leonard has held over the years include: Treasurer, Fiscal Concerns Committee Chair, Executive Board Member at Large, State Relations Committee Chair, Association Liaison, Research Committee Chair and Program Conference Committee Chair. He also served for two years as Chair of the Florida Council of Student Financial Aid Advisors (an advisory council to the State of Florida Legislature).

“The FASFAA Distinguished Service Award is a most deserved honor for Leonard Gude, and it is a great privilege to have Leonard as a key member of the Regent team,” said Mike Ratti, Regent’s CEO. “Leonard continues to be a leading innovator in the industry and has brought this talent to enhancing Regent’s financial aid solutions.”

With over 28 years of experience as a financial aid practitioner, Leonard is considered one of the country’s leading experts and innovators in student financial aid. He has been very active in other financial aid organizations, including the National Association for Student Financial Aid Administrators (NASFAA) and the Southern Association for Student Financial Aid Administrators (SASFAA). Leonard represented NASFAA on the PESC Board of Directors, served on the NASFAA Technology Initiatives Committee, and served NASFAA as a Standards of Excellence reviewer. Before joining Regent, Leonard served as Director of Financial Aid at the University of South Florida for 10 years. Leonard is responsible for ensuring the real-time reflection of the Higher Education market in Regent’s products and solutions.

About Regent

With nearly 30 years of Higher Education knowledge and experience, Regent is a leading provider of financial aid management software solutions for higher education institutions. Its highly functional, affordable, off-the-shelf solutions are designed to interoperate with and enhance existing ERP systems, while enabling institutions to realize a positive, quantifiable ROI in the same fiscal period they are deployed. Regent automates key processes such as packaging, awarding, tracking and disbursements. Built with financial aid offices in mind, Regent enables users to gain access to actionable information, anytime and anywhere. Regent Education is located at: 47 E. South Street, Suite 201, Frederick, MD 21701. Telephone: (800) 639-0927. Web site: www.regenteducation.com.