William Penn University Selects Regent Enterprise

Frederick, Maryland (Vocus) May 12, 2009

Regent Education, the leading provider of financial aid management Software-as-a-Service (SaaS) solutions for higher education institutions, today announced that William Penn University has selected Regent Enterprise as its financial aid management solution. The Regent solution will be integrated with William Penn's existing database system.

Located in Oskaloosa, IA, William Penn University has a full-time student population of over 1,700, with 700 in the non-term program. 98% of those students receive some form of financial aid. With such a high percentage of students receiving aid, William Penn needed a solution that could easily, efficiently, and securely handle its financial aid management needs, especially a solution that would automate its non-term processing.

"Regent Enterprise is taking William Penn to the next level of technology, allowing us to process aid in a non-term environment, using a secure, on-demand solution," said Dr. Ann Fields, William Penn University's Provost. "The time that the financial aid staff will save through Regent's automated non-term capabilities, which William Penn is helping to define during our implementation, will allow the financial aid staff to focus more of their attention on the students and less on data processing and paperwork."

Key benefits of Regent Enterprise include:

• Automatic updates, including state and federal regulations
• Lower total cost of ownership
• Accelerated implementation
• Secure IT infrastructure

"As more and more colleges and universities are expanding their offerings from traditional programs, to non-traditional, non-term programs, Regent Enterprise is staying a step ahead of the curve by providing cutting edge technology that will allow schools like William Penn to automate their entire financial aid processing lifecycle," said Michael Ratti, Regent's CEO. "We welcome William Penn to the Regent family, and we look forward to a successful partnership for years to come."

About Regent

Named Firm of the Year by the Tech Council of Maryland and a 2008 and 2009 CODiE Award Finalist for Best Postsecondary Enterprise Solution, Regent is a leading Software-as-a-Service provider of financial aid management software solutions with more than 30 years of industry experience. 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 communities. Regent enables institutions to better craft and execute financial aid strategies. With its Student Self Service Portal, the company also offers 21st century access for students seeking financial aid information anytime, anywhere, from any device, in any language. For more information, visit: http://www.regenteducation.com .

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