October 28, 2016 2:35 AM ET

Internet Software and Services

Company Overview of Regent Education, Inc.

Company Overview

Regent Education, Inc. develops software solutions to optimize the financial aid and enrollment processes for schools using BBAY and non-term enrollment models. It offers Regent 8, a cloud-based financial aid management solution to offer complete support for non-term, nonstandard term, and standard academic year schools; and Regent Review that automates the collection of verification documents, C-code processing, task assignments, and workflows for schools. The company also offers Regent Financial Planner, a detailed student financial planning solution that provides students and families with a complete picture and enables them to create a personalized financial plan. In addition, it offers ...

12 West Church Street

Frederick, MD 21701

United States

Founded in 1979





Key Executives for Regent Education, Inc.

Chief Executive Officer
Age: 49
Chief Operating Officer
Senior Vice President of Marketing & Business Development
Senior Industry Advisor
Compensation as of Fiscal Year 2016.

Regent Education, Inc. Key Developments

Regent Education Announces Release 3.5, Latest Version of Regent 8 Financial Aid Management Solution

Regent Education has enhanced the functionality of its Regent 8 Financial Aid Management Solution with the upgrade to Release 3.5. This release provides support for the 2017-2018 Prior-Prior Year (PPY) ISIR processing, development of select overrides and data view capabilities, and State fund application processing and submission of e-ASFA (similar to the FAFSA). 2017-2018 Regulatory Updates included in the release are: ISIR processing and corrections export; Verification tracking group bar updates to ISIR tab and ISIR wizard; SAR comment code updates; Reject code updates; EFC calculation formula updates; Updates to TEACH amounts for federal sequestration; Handling of certain tax documents; Institutionally-required solution for C-code 399 to block 16/17 disbursements; ISIR Conflicting Information report. Regent's e-ASFA was developed to provide students with a simple and straightforward online state financial application similar to the FAFSA.

Texas A&M University-Commerce Leverages Multiple Regent Education Products to Serve Entire Population

Texas A&M University-Commerce has expanded the use of Regent Education's financial aid management solution, Regent 8, to support the administration of financial aid for its entire population. In addition, it has added Regent's SNAP product to its solution set to automate the financial aid application process for students who are not eligible for federal financial aid but are eligible for state-funded programs. Texas A&M University-Commerce initially selected Regent 8 to automate the administration of financial aid for its competency-based programs. After a very successful pilot of Regent 8, the institution has launched the product campus-wide, selecting Regent's SNAP solution to automate the TASFA process. Previously, students applying for aid through TASFA were required to complete paper forms, resulting in a manual process for both the student and the institution.

Regent Education Names Jim Hermens as President

Regent Education announced the addition of Jim Hermens to the executive team where he will serve as the company's president. Hermens's career has spanned nearly 20 years in education technology and services, serving as the Vice President of Industry Management and Business Development at Blackboard, General Manager for Blackboard Analytics at Blackboard, President and CEO of Educate Online, and Vice President of Operations at Sylvan (Laureate) International Universities.

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