Rio Hondo College Chooses Computing Options’ Regent 4 Financial Aid Module
Computing Options has about 100 clients who have been using it's best-of-class Financial Aid Management software since 1979. One of it's legacy clients, Rio Hondo College, recently made the decision to purchase Computing Option's newly transformed, web-based financial aid management system, Regent 4.
Frederick, MD (PRWEB) June 15, 2005 -- Computing Options, with over 25 years
of leadership providing application-specific software solutions for higher
education, 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.
“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 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 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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Source : http://www.prweb.com/releases/2005/6/prweb250860.htm