Financial Aid Thought Leader Joins Regent Team

Frederick, Maryland, November 1, 2006 - Regent® provides software solutions exclusively for higher education institutions, where it is a leading provider of Financial Aid Management Software. Regent today announced that Leonard Gude has joined Regent as Vice President, Financial Aid Solutions.

"I have invested over 25 years as a financial aid practitioner, and joining Regent provides me the opportunity to bring the financial aid community the solutions and services it so desperately needs", explained Gude. "There is a pervasive innovation gap for solutions and services that address the mission critical needs for administering student aid", added Gude.

Leonard Gude is a thought leader for federal, state, and institutional aid programs with over 25 years experience as a Higher Education practitioner. Leonard is regarded as one of the country’s leading experts in student financial aid. He possesses a comprehensive knowledge of the financial aid industry as a practitioner and recognized subject matter expert. Leonard has been on the bleeding edge of leveraging information technology to lead organizations to achieve operational excellence.

"Adding Leonard Gude to the Regent team serves notice to all of Higher Education that Regent will bring innovation and value to the financial aid innovation gap", stated Mike Ratti, Regent’s CEO. "Financial aid is the front door to every Institution in America and is a top-line strategic imperative – not a back office function", added Ratti.

Leonard Gude served on the PESC Board of Directors (representing NASFAA), the NASFAA Technology Initiatives Committee, and served NASFAA as a Standards of Excellence reviewer. Leonard has been a regular presenter at both regional and national events. Leonard also served on the advisory boards for TG, a major student loan guarantor. Leonard has spent the last 10 years at the University of South Florida.

About Regent

With more than 30 years of financial aid software experience, Regent has become an industry-leading provider of financial aid management software. Regent’s web-based, easy-to-use solutions interoperate with and enhance any student information system. The result: greater efficiencies, error reduction, and the enhancement of service provided to students - all equating to a positive, measurable 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. Regent Education is located at: 47 E. South Street, Suite 201, Frederick, MD 21701. Telephone: (800) 639-0927. Web site: www.regenteducation.com. For more information, email press@regenteducation.com.