Columbia Southern University Selects Regent

Online University Applying to Process Federal Financial Aid for the First Time

Frederick, MD, October 22, 2007 - Regent Education, the leading provider of financial aid management software solutions for higher education institutions, today announced that Columbia Southern University (CSU) has selected Regent Enterprise as its financial aid management solution.

Columbia Southern is one of the first 100% online universities to benefit from the elimination of the 50/50 rule, enabling the University to apply for approval with the Department of Education to make federal financial aid available to its students. This will significantly increase financial aid options and make it easier for CSU students to attend and afford college. The growth of CSU validates the increasing demand and maturity of online learning programs as an alternative for students.

“We selected Regent Enterprise because it is flexible and can meet the needs of our non-traditional, completely online university,” said Robert Mayes, Jr., CSU President. “At Columbia Southern University, our mission has always been to provide our students with personalized service. Regent Enterprise will be an important factor that will assist us in our mission. ”

Columbia Southern University was founded by Dr. Robert Mayes in 1993 to meet the demand for formal education in the safety and environment fields. Since then, CSU has been accredited by the Distance Education and Training Council (DETC), has received approval from the Veterans Administration and DANTES, and has become an Academic Partner of Delta Air Lines. Over the years, CSU has established more than 100 partnerships with corporations, municipalities, police departments, fire departments, and unions. One such partnership is with the Boeing Corporation, and most recently, Regent Education. In 2005, CSU was honored to be one of the select Universities to participate in the Army’s Centralized Tuition Assistance Program, GoArmyEd. Today, CSU offers online associate degrees, undergraduate degrees, graduate degrees, a doctoral degree, and undergraduate and graduate certificate programs.

“Regent’s financial aid solution is designed to work with both traditional colleges and universities, and non-traditional, non-standard term universities like Columbia Southern University. We are looking forward to growing with CSU as a partner as this growing field of online education continues to open up opportunities to more and more students,” said Michael Ratti, Regent’s CEO. “I am pleased to welcome CSU into the Regent family.”

About Regent

With more than 30 years of industry experience, Regent has become a leading provider of financial aid management software solutions. Our web-based, easy-to-use solutions interoperate with any established student information system. Regent provides institutions with improved efficiencies, fewer errors and enhanced services for students—equating to a positive return on investment within the first year.

Regent automates and streamlines critical financial aid processes, such as packaging, awarding, tracking, reporting and disbursements. Designed and built by and for members of the financial aid and enrollment management community, Regent enables institutions to better craft and execute their financial aid strategy—and offers the 21st century student access to information anytime, anywhere, from any device, in any language.