Computing Options Unveils Regent Express, the First ASP-Hosted Financial Aid Management System for Higher Education
Small colleges that depend on Federal Title IV funding to attract and retain students must comply with the same strict Federal requirements as large colleges. Until now, spending hundreds of thousands of dollars on Financial Aid Management software to manage this process was out of the question for small colleges. Computing Options has addressed this critical need by offering Regent Express, an ASP version of Regent Enterprise, the robust Financial Aid Software that Computing Options has been providing for 25 years.
Frederick, MD (PRWEB) October 8, 2005
Computing Options, a leading provider of financial aid management solutions to the post-secondary education market for over 25 years, announced today the market’s first ASP-hosted financial aid management solution, Regent Express. The solution, which is based on the company’s category-leading financial aid management software, Regent, will be generally available in October of 2005. The solution will be sold on an annual subscription basis and requires no hardware, software or IT resources and is available at a fraction of the cost of traditional enterprise software.
Regent Express will provide thousands of colleges with an affordable, enterprise-grade solution who cannot afford costly competitive alternatives. For colleges with up to 1000 full-time enrollments (FTE’s), Regent Express addresses a major innovation gap in the market and enables financial aid automation and reporting previously enjoyed only by large institutions with multi-million dollar ERP systems. Clients can "go-live" with the system within 72 hours of purchase.
“Small schools have the same financial aid issues and needs that the large institutions have: federal compliance, reporting, packaging, etc., but don’t have the budget for an expensive financial aid management system,” says Bryan Chaney, Vice President of Sales for Computing Options. “Because our system is purely web-based, is easy to use and learn, and can be installed quickly, offering Regent Express as a service was a simple decision for us.”
Computing Options will offer Regent Express starting at $1,900 per month, billed annually, to colleges with fewer than 500 students and $2,500 per month for colleges up to 1000 students. Private 2 year colleges and career colleges are expected to be major takers of the new Regent Express. Full phone and online support will be available to Regent Express clients as well.
About Computing Options
Founded in 1979, Computing Options provides software solutions exclusively for higher education institutions, where it is a leading provider of financial aid management solutions. Acquired and operated by the current management team in 2003, Computing Options has spent over 2 years retooling its products and business operations. The web-based, open-standards architecture combines the benefits of 25 years of financial aid knowledge experience with today's flexible, interoperable web-based technologies. Computing Options is committed to developing administrative systems which allow institutions to utilize best-of-breed applications which integrate seamlessly with existing systems for maximum return on investment.
Computing Options is headquartered at: 4650 Wedgewood Blvd., Suite 104, Frederick, MD, 21703. Telephone: (800) 639-0927 www. computingoptions. com
For more information, please contact Bryan Chaney, VP of Sales at bryan. chaney@computingoptions. com, 240-215-6125
To see an online demo immediately, click the "view demo now" link on our website.
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