Press Release

DegreeVerify Grows To More Than 1,000 Colleges; 
Includes 54% Of All US Degrees 

Newest Participants Include the University of Miami

HERNDON, VA, June 7, 2005 - The National Student Clearinghouse, the nation's trusted source for degree and enrollment information, today announced that its online degree verification service, DegreeVerify, has grown to 1,015 participating institutions. DegreeVerify contains information on 54% of all degrees awarded in the US, making it the nation's largest source of degree data. One of the newest institutions to go live with DegreeVerify is the University of Miami, a prestigious private research university in the southeastern United States. DegreeVerify is free to participating institutions.

Participating in DegreeVerify relieves colleges and universities from the administrative burden of processing degree verifications. Requestors confirm degrees online instantly at www.degreeverify.org or integrate the data into their internal applications via Web services. The Clearinghouse is the only provider to offer manual, EDI and real-time Web service options. More than 10,000 requestors use DegreeVerify each year, including many of the country's leading background screening firms and employers.

"The University of Miami has a large and diverse alumni population located throughout the US and the world," said Cindy Koon, associate registrar at the University of Miami, "DegreeVerify provides us with the flexibility to provide instant degree verifications to our alumni's prospective employers around the clock." More than 15,000 undergraduate and graduate students attend the University of Miami, located in Coral Gables, Florida.

Over the past 12 months, the number of institutions participating in DegreeVerify increased nearly 25%. According to Daniel Boehmer, president of the National Student Clearinghouse, "The steady growth that DegreeVerify has experienced in the three years since its launch is a clear indication that the collegiate registrar community recognizes the accuracy and efficiency of the service and values the substantial time-savings benefits it yields to their institutions."

For a complete list of participating institutions and more information on the DegreeVerify program, please visit the Clearinghouse website at www.degreeverify.org.

About The National Student Clearinghouse®

The National Student Clearinghouse (a non-profit formed in 1993) is the unique and trusted source for higher education enrollment and degree verifications. The Clearinghouse serves as a single point of contact for the collection and timely exchange of accurate and comprehensive enrollment, degree and certificate records on behalf of its more than 3,300 participating higher education institutions, which represent over 92% of the national enrollment.

Through its verification and reporting services, the Clearinghouse saves higher education institutions cumulatively more than a hundred million dollars annually. Most Clearinghouse services are provided to colleges and universities at little or no charge, including enhanced transcript and research services, enabling institutions to redistribute limited staff and budget resources to more important student service efforts. All Clearinghouse services are operated in full compliance with the Family Educational Rights and Privacy Act (FERPA).

In addition, the Clearinghouse provides accurate FERPA compliant verifications to student loan providers, employers, student credit issuers, student health insurance providers, the U.S. Department of Education, and others who access its registry more than 100 million times annually.

For more information, visit www.studentclearinghouse.org.

For Questions About This Press Release Only, Contact:
Kathleen Dugan
Marketing Director
703-742-4208
dugan@studentclearinghouse.org

For Help With or Questions About Any Clearinghouse Service, Contact:
703-742-4200
service@studentclearinghouse.org