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Press Release

Dr. Keith J. Jepsen Elected Chairman of National Student Clearinghouse Board of Directors

HERNDON, VA, October 18, 2004 - The board of directors of the National Student Clearinghouse, the nation's most trusted source for post-secondary degree and enrollment verification, has elected Dr. Keith J. Jepsen to serve as chairman of its board. Dr. Jepsen, who has served on the Clearinghouse board since 1999, will begin his term immediately.

Dr. Jepsen has more than 35 years of experience in higher education finance at the national, state and university levels, including serving as a senior advisor to the U.S. Department of Education. Currently, he is president of the Global Student Loan Corporation, which provides private loans to distance learners and international students, and is an adjunct professor of Higher Education at New York University (NYU). Dr. Jepsen is the former national chairman of Project EASI (Easy Access for Students and Institutions), a collaborative effort among government, business and education leaders to reengineer the U.S. student financial aid delivery system. In addition, Dr. Jepsen has held positions as director of financial aid at NYU, chief operating officer at the Illinois State Scholarship Commission, and assistant vice president and director of operations at the American College Testing Program.

"I've enjoyed serving on the Clearinghouse board of directors for the past five years," said Dr. Jepsen, "I am excited by this new opportunity to help this unique organization further develop and expand its state-of-the-art verification services to keep pace with the changing needs of the nation's colleges."

"We're honored to have Dr. Jepsen serve as chairman of the Clearinghouse board," said Daniel R. Boehmer, president of the National Student Clearinghouse, "His impressive track record of leadership in working with the higher education and lending communities as well as all levels of government offers a unique level of expertise that will be highly beneficial to the Clearinghouse and the institutions and organizations that utilize our services."

About The National Student Clearinghouse

The National Student Clearinghouse, a non-profit organization founded by the higher education community, streamlines the student record verification process for colleges and universities, students and alumni, lending institutions, employers, and other organizations. The Clearinghouse maintains a comprehensive electronic registry of student records that provides a single, automated point-of-contact for organizations and individuals requiring timely, accurate verification of student enrollment, degree, and loan data. More than 2,700 colleges, enrolling 91% of US college students, participate in the Clearinghouse.

Student loan providers, employers, student credit issuers, student health insurance providers, the federal government and others access the Clearinghouse's registry over 100 million times annually to conduct electronic student record verifications. 

For more information, visit www.studentclearinghouse.org.

National Student Clearinghouse Contact:
Kathleen Dugan
Marketing Director
703-742-4208
dugan@studentclearinghouse.org