University of Texas Medical Branch Selects Regent Enterprise

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Financial aid software provides leading health center with a web-based, affordable solution.

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UTMB is a 21st century institution that is on the cutting edge of medical research and technology. With Regent Enterprise, UTMB’s financial aid office will move into the 21st century, empowering them to support the institutional goals and objectives

Regent, the leading provider of financial aid management software solutions for higher education institutions, today announced that the University of Texas Medical Branch at Galveston (UTMB) has selected Regent Enterprise as its financial aid software solutions provider.

Prior to selecting Regent Enterprise, UTMB used a home-grown financial aid database to process financial aid. As its needs have become more complex, the university needed software that could process financial aid, enable audit trails and enhance service to its students. Regent was selected because it offered a flexible product capable of meeting immediate and future needs at a reasonable price, according to Vicki Brewer, UTMB’s director of enrollment services and university registrar. The software will be live by the close of 2007.

“As a major academic health center, UTMB educates tomorrow’s physicians, nurses, allied health scientists and biomedical scientists at the professional, graduate and undergraduate levels. It was important that the financial aid system selected be able to process our unique professional programs, provide web-based self-service to our students and meet our needs for additional functionality in Enrollment Services,” Brewer said.

Opened in 1891, UTMB is the oldest academic health center in Texas. Today a $1.4 billion institution, UTMB has awarded more than 26,000 degrees throughout its history to graduates of its medical, nursing, allied health sciences and graduate schools. It currently enrolls more than 2,511 students and nearly 700 medical residents and postgraduate fellows. In addition to its educational programs, UTMB operates an extensive clinical network that includes six hospitals in Galveston, the Austin Women’s Hospital in the state’s capital, and more than 80 clinics based on campus and in communities throughout East and Southeast Texas. Research expenditures exceed $155 million each year in basic and clinical studies.

“UTMB is a 21st century institution that is on the cutting edge of medical research and technology. With Regent Enterprise, UTMB’s financial aid office will move into the 21st century, empowering them to support the institutional goals and objectives,” said Michael Ratti, Regent’s CEO. “We are honored to welcome UTMB to the Regent family.”

About Regent
With more than 30 years of financial aid software experience, Regent has become an industry-leading provider of financial aid management software. The Web-based, easy-to-use solutions interoperate with and enhance any student information system. Regent provides greater efficiencies, fewer errors and enhanced services for students - all equating to a positive return on Investment (ROI) within the first year. Regent software automates and streamlines key financial aid processes, such as packaging, awarding, tracking, reporting and disbursements. Designed and built for the financial aid and enrollment management community, Regent enables institutions to execute their financial aid strategy, and enables the 21st century student to access information - anytime, anywhere, any device, in any language. For more information, visit: http://www.regenteducation.com.

Contact:
Maggie Laabs
Marketing Manager
240-215-6176

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