Press Release

October 31, 2005
MaxKnowledge and CCA Launch New Online Course:
Developing an Efficient Financial Aid Office

Santa Ana, CA, Oct. 31, 2005 - MaxKnowledge and Career College Association today announced the availability of an online training course for financial aid personnel.

Developing an Efficient Financial Aid Office is facilitated by nationally-known financial aid experts, Jimmy Addisson (CEO, Global Financial Aid Services), and Chyrl Ayers (COO, Global Financial Aid Services).

"In this course, you will learn to optimize the performance of your financial aid office with a minimum of waste, expense, and unnecessary effort," said Jimmy Addisson.

"The course covers the cornerstones of an efficient financial aid office: timeliness, accuracy and customer service. You will also be advised of pitfalls to avoid in the realm of Title IV compliance. You will learn the key points to building an effective business office processing procedure. Reports and notifications required by the Department of Education are also explained. In addition, you will be given pointers on preparation for the annual Student Financial Aid audit and alerted to the most common triggers for Department of Education Program Reviews," added Chyrl Ayers.

"This course provides a blueprint for running an effective financial aid office in the career college setting," said Dr. Amir Moghadam, Executive Director of MaxKnowledge.

The online course is delivered in an asynchronous fashion and participants receive 4 hours of continuing education credits upon successful completion of the training. The course is available on a continuous enrollment basis on the MaxKnowledge website: www.maxknowledge.com/FA110.php.



About MaxKnowledge
MaxKnowledge is the leading training provider for the career college sector of higher education. The company provides professional development and continuing education opportunities for the management, staff and faculty of career colleges and schools - worldwide. The company's mission is to maximize the performance of career college operations through effective employee training and development. For more information, please visit: www.maxknowledge.com.

About CCA
The Career College Association (CCA) is the premier national association in Washington, D.C. representing accredited, private, postsecondary schools, institutes, colleges and universities that provide career-specific educational programs. CCA has over 1,400 institutional members that educate and support almost two million students each year for employment in over 200 occupational fields. For more information, please visit: www.career.org.

About Global Financial Aid Services
Global Financial Aid Services, Inc. is a nationally recognized third-party financial aid servicer that provides a variety of outsourcing solutions for Title IV financial aid processing, including our newly developed SAINT Internet based software systems, comprehensive Platinum service and a wide range of consulting services. The state of the art SAINT system provides clients with Internet based paperless packaging options for ground and distance education students. For more information, please visit www.globalfas.com.

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