Scholarship Program Administrators Becomes International Scholarship and Tuition Services, Inc. To Reflect Growth, Reach

Expansion, acquisition shape company’s future

Nashville, Tenn.

Scholarship Program Administrators, a leading scholarship and tuition reimbursement management company, has become International Scholarship and Tuition Services, Inc. (ISTS) following the rapid growth of the company and recent acquisition by president and CEO Becky Sharpe.

The new name reflects the company’s expansion to provide comprehensive scholarship and tuition management services and its global reach. ISTS serves hundreds of organizations and businesses including many Fortune 500 companies.

Experiencing more than 600 percent growth in the last five years, ISTS’ revenues haveincreased dramatically from $3.5 million in 2002 to nearly $22 million in 2007 under the leadership of Sharpe. Earlier this year, Sharpe acquired 100 percent of the company and ISTS recently achieved state and national woman-owned Business certifications.

“This is an exciting transition for our company at a time when we are ready to build from our history and continue growing as the national leader in scholarship and tuition reimbursement, “said Sharpe. “While our name has changed, our unparalleled scholarship and tuitions reimbursement services will continue to aid students in theirquest for continuing education.”

ISTS specializes in developing and managing customized scholarship and tuition reimbursement programs for businesses, associations, unions, foundations and trusts worldwide. ISTS’ comprehensive services include scholarship and tuition program design, coordination with college financial aid offices, processing scholarship applications, selecting and notifying scholarship winners, and managing awards payment.

In addition to rebranding, ISTS now offers clients a “Green Certification” based on clients who utilize ISTS’ progressive technology and online capabilities.

About International Scholarship and Tuition Services, Inc.

Founded in 1985, International Scholarship and Tuition Services, Inc. (ISTS) provides comprehensive scholarship and tuition reimbursement program management for corporations, foundations, associations, unions and trusts worldwide. For more information about ISTS, visit