Press Release

National Student Clearinghouse President, Daniel Boehmer, Announces Plan To Retire

HERNDON, VA, June 15, 2007 - Daniel R. Boehmer, president of the National Student Clearinghouse, has announced his plan to retire at the end of 2007. Boehmer announced his decision at the Clearinghouse's annual board meeting that was held last week. Boehmer has served as the Clearinghouse's president since it was founded in 1993.

"Dan has played a pivotal role in the success of the Clearinghouse," said Clearinghouse Board Chairman Dr. Keith Jepsen. "Nearly 15 years ago, before the Clearinghouse, student enrollment and academic verifications were time-consuming, manual processes. Under Dan's leadership, the Clearinghouse developed a fully automated system that has yielded tremendous benefits and service improvements for the nation's colleges, students, student aid providers, and many others. Although we are saddened by his leaving, we are grateful for his many years of hard work and dedication."

The Clearinghouse, a non-profit organization, is the leading provider of educational reporting, verification and research on behalf of its participating institutions. The Clearinghouse serves the nation's colleges and high schools, student lending community, federal government, state and other educational agencies, students and alumni, and thousands of employers and other organizations. More than 3,000 colleges and universities, enrolling more than 91% of U.S. college students, and hundreds of high school districts participate in the Clearinghouse.

"My long career at the Clearinghouse has been extremely rewarding. I appreciate the unique opportunities that it has afforded me to make significant contributions, along with my fellow Clearinghouse employees and our higher education partners, to the nation's higher education system and the students and alumni that it serves," said Boehmer. "I have complete confidence in the Clearinghouse's board, its management team, and staff. I know that under their stewardship the Clearinghouse will continue to fulfill its mission of providing high quality service and support to our higher education partners and customers."

An executive search committee, led by Dr. Jepsen, has been established by the Clearinghouse's board. The committee has retained the firm Spencer Stuart to assist in the recruitment of the Clearinghouse's next president. Interested candidates should email Spencer Stuart at NSC@spencerstuart.com.

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