Regent Partners with Carnegie Mellon’s Tepper School to Launch Managed Services Offering

Leading Business School to Increase Efficiency and Security Through Hosted Financial Aid Management Solution

Frederick, MD, January 8 2008 - Today, Regent Education announced that Carnegie Mellon University’s Tepper School of Business has selected Regent Enterprise as its financial aid management solution for its graduate programs. Regents’ new managed services offering enables customers to manage their complete business process for financial aid management, administration, disbursement, packaging, compliance, tracking, communications, verification, imaging, and all student self-service activities - all in one turnkey system.

Regent Enterprise will provide the Tepper School financial aid office with an automated, easy to use, managed solution, freeing up time, money and employees. Using the new hosting service, Regent will house student data on a secured network for the school. The Regent financial aid management solution allows the school to set access levels for confidential information for its employees, students and intermediaries based on responsibilities and permission levels. Regent’s comprehensive service also provides ongoing maintenance which, as well as state and federal regulatory updates.

“The option to choose a managed services offering was a critical driver behind our selection of Regent Enterprise as the school’s financial aid management system,” said Lynne LaLone, Executive Director of Business Affairs, Human Resources and Facilities at the Tepper School. “Additionally, the Executive Dashboard will assist us in managing our loan counseling efforts, which is an added value that we offer to our students, and will provide a tool to assist in monitoring and evaluating our transaction metrics.”

The Tepper School of Business at Carnegie Mellon, founded in 1949 by William Larimer Mellon and located in Pittsburgh, Pennsylvania, consistently ranks among the top business schools in the world. In 2007, the Wall Street Journal ranked the Tepper School #5 among the top MBA programs in the U.S., and its undergraduate program has been ranked a Top Ten business program by U.S. News & World Report for several consecutive years. The Tepper School is most recognized for research and teaching in economics, finance, operations management, operations research and organizational behavior.

Regent solutions have the ability to help clients adhere to strict regulatory compliance while avoiding a costly solution environment. Ease of use, rapid deployment, plus the advantages of reduced software management responsibility combine to make Regent the preferred financial aid management standard for the higher education industry.

Regent’s managed services offerings include:

• Managed Site Security
• Managed Updates (OS, Regent Application, SQL Server)
• Managed Backups (Daily with 30-day archive)
• Managed State and Federal regulatory updates
• Single Environment with the option of additional Contexts, Test or Sandbox environments
• Default Student Self Service Portal
• Analysis of business requirements and training

“Schools want superb operational software that is cost effective, well maintained and runs on a secure environment,” explained Regent CEO Michael Ratti. “Our customers, like Carnegie Mellon, are enthusiastic about the possibilities for greater productivity, enhanced security and the lower cost that this delivery option offers.”

About Regent

With more than 30 years of industry experience, Regent is a leading provider of financial aid management software solutions. The company’s 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—equaling a positive return on investment within the first year.

Regent’s management solutions are 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. With the Student Self Service Portal, the company also offers Twenty-first century access for students seeking financial aid information anytime, anywhere, from any device, in any language.