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Rio Hondo College Chooses Computing Options’ Regent 4 Financial Aid Module

June 15, 2005 -- Computing Options, with over 25 years of leadership providing application-specific software solutions for higher education
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, today announced that Rio Hondo College has purchased the Regent 4 Financial Aid Management System. The fully web-based software is designed to administer every aspect of an institution of higher education’s student financial aid process.

 “  The Financial Aid Office is crucial to the success of our students.  
“Recruitment and retention of students is critical to the success of our college. The Financial Aid Office is crucial to the success of our students,” said Maria-Araceli Romero, Director of Financial Aid at Rio Hondo College. “If we can’t give students accurate, real-time financial aid information, they may go to another college or worse, drop out altogether. The Regent 4 financial aid system is insurance that won’t happen.”

“We’ve heard of other financial aid management systems costing 6 times what the Regent 4 system is costing us, and they are not web-based, take years to deploy and have less functionality,” said John Bryant, Director of Information Technology. “Computing Options is getting their clients live in just a few months.”

The Regent 4 Financial Aid Management System is web-based, uses open-standards architecture and can be deployed as a stand-alone system or integrated with most ERP administrative systems. Regent 4 is platform independent, (Windows, Linux, HP-UX), works with Oracle or MS-SQL databases, and is easy to learn
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 and use. Regent 4 Financial Aid Management System delivers a comprehensive feature set, including:

- Common Origination and Disbursement for Pell
- XML Compliant Direct Lending Compliance
- CommonLine Compliant FFELP Processing
- Work Study Processing and Monitoring
- Automated Award Packaging and Adjustments
- Automated Document Tracking and Letter Generation
- Academic Progress Monitoring
- Title IV Refund Calculations
- Student Self Service
- Extensive, Customizable Reporting

The Regent 4 Financial Aid Management System is one component of Computing Options’ suite of ERP modules designed to help educational institutions increase productivity, reduce costs and effectively comply with regulatory mandates. Additional modules include Student Information System, Financial & General Ledger, and Human Resources/Payroll.

About Rio Hondo College
Rio Hondo College (RHC), located in Southeast Los Angeles County, enrolls over 20,000 students each semester and is fully accredited by the Accrediting Commission for Community and Junior Colleges of the Western Association of Schools and Colleges. The college serves students from a variety of educational backgrounds, including recent high school
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 graduates, people seeking new skills or careers, and lifelong learners wanting to add to their knowledge base. The college graduates close to 600 students every year, awarding two-year, Associate of Arts/Sciences degrees and nearly 500 specialty certificates. The college’s Administration of Justice Program is the largest college-based program in the State of California and trains police officers for some 40 jurisdictions. Information about Rio Hondo College is available on the web at http://www.riohondo.edu or by calling the Office of Marketing and External Relations at (562) 908-3445.

About Computing Options
Computing Options is the category leading provider of Financial Aid Management Software for higher education institutions. Founded in 1979 and based in Frederick, Maryland, Computing Options provides a complete suite of enterprise software products that includes a Student Information System, HR/Payroll, Financial Management and our flagship product Financial Aid Management for higher education institutions.

Computing Options is headquartered at: 4650 Wedgewood Blvd., Suite 104, Frederick, MD, 21703. Telephone: (800) 639-0927. Web site: http://www.computingoptions.com
For more information, contact Bryan Chaney, VP of Sales, e-mail protected from spam bots.


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