Helps Parents and Students Find the Best Loan Option

BOSTON - January 16, 2007 - SimpleTuition, Inc., a company dedicated to helping students and parents make sense of education financing choices, today announced the availability of an online resource at AOL Money & Finance to help parents and students easily compare student loan options. Available today at http://money.aol.com/loans/college, the comparison tool helps parents and students analyze, assess and apply for student loans based on their unique financial situation.

"Working with AOL to develop a customized college loan comparison solution significantly extends our reach to help parents and students make difficult student loan decisions," said Kevin Walker, co-founder and CEO of SimpleTuition. "This online solution will help parents and students make sense of the range of financing options available to them and provide an efficient and objective way to alleviate the complexities of student loan scenarios and of college funding in general."

With the cost of college at an all-time high - projected to reach $220 billion this year, $86 billion of which will be financed by students or their parents - families nationwide require multiple loans each year to cover tuition and fees. Many are desperate for a clear, concise and easy-to-use resource to help find the best student loan options, especially at this time of year, when interest in PLUS loans for parents is so high.

The only objective comparison resource available for student loans and student loan and student loan consolidation options, SimpleTuition helps parents, students and financial aid administrators compare, analyze, and apply for education financing. Since its launch in May, SimpleTuition has helped thousands of families determine the best loans for their needs.

With SimpleTuition, parents and students can quickly compare loans by simply entering the estimated amount needed and answering a few non-personal questions. The company offers over 40 loan products for all loan types including Private, PLUS, GradPLUS, Federal Consolidation, and Private consolidation loans from 20 lenders. Results can be sorted by monthly payment, total cost of the loan, number of payments, first payment due date and APR. With direct links to the financial institution's online application, the entire process can be completed online or via a toll free call. To ensure the objectivity and accuracy, SimpleTuition is not a lender.

About SimpleTuition, Inc.

Founded in 2005, SimpleTuition is dedicated to helping students and parents make sense of education financing options. Recently featured as one of Fast Company's Top 12 Web 2.0 sites, SimpleTuition is the only company to offer an independent and objective solution for researching and comparing private, PLUS, Stafford, GradPLUS, federal consolidation and private consolidation loans. SimpleTuition is headquartered in Boston, Massachusetts and is funded by Atlas Venture, IDG Ventures Boston and North Hill Ventures.