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Student
Online Offers Schools IT Grant Opportunity; Grants Range From
$150,000 to $500,000 for Two- and Four-Year Schools
NEW
YORK--(BUSINESS WIRE)--March 7, 2000--StudentOnline.com, Inc.,
a higher education intranet portal company, has recently announced
the availability of its Information Technology Grant Program.
Designed to underwrite all external costs associated with
implementing Student Online Version 1.0, a revenue generating
intranet portal system, the grant offer to institutions of
higher education includes all hardware, software, and systems
integration costs needed for its installation and operation.
Student Online Version 1.0 facilitates academic and social
communications while creating a growing revenue stream for
partner institutions, all in an advertising free environment.
"Our
IT Grant Program is an excellent opportunity for administrators
of
colleges
and universities across the country to satisfy their institution's
particular technological needs virtually risk free," said
Sunil Deshmukh, CEO of Student Online. "Designed for both
two- and four-year institutions, our grant committee will
consider those colleges that have a strong desire to be technologically
innovative. It's a good way for Student Online to help level
the playing field between those institutions that are at a
financial disadvantage and those larger establishments without
such budget-related constraints."
Depending
on the size of the institution, the Student Online Information
Technology Grant will range from $150,000 to $500,000 for
those interested in using technology to better facilitate
the on-campus learning experience. Recipients will receive
financial and consulting assistance in integrating protocols
for online and distance education, administrative computing,
e-commerce capabilities, intercampus communication, and much
more.
Student
Online will select grant recipients based on leadership in
IT
initiatives,
distance learning capabilities, strength in academic alliances,
existing e-business experience, and compatibility with Student
Online's technological goals. Grant applications are due April
30, 2000 and upon review, 10 recipients will be announced
in mid-May. Beginning in September, two schools per month
will have the product implemented so that all 10 selected
will be operating with Student Online by January 2001. Applications
are available at www.studentonline.com.
About Student Online
Student
Online creates revenue-generating, Web-based intranet portals
for higher education institutions providing students, faculty,
and administrators with secure Web and wireless access to
on, off, and inter-campus academic and social information.
It also is the only such company that offers these features,
plus e-commerce capabilities, in an advertising-free environment.
Student Online allows users to buy products and services at
the lowest cost through a vendor-neutral, collective-buying
agreement that shares revenue with institutions. The company
also has created a unified platform to distribute and retrieve
university-wide information more effectively, thereby transforming
the
college
campus into a truly interactive community. Student Online's
deployment of the latest Web-based and wireless technology
enables students, faculty, and administrators to meet their
communication needs with limited budget, time and staff resources.
Additional information about Student Online is available at
www.studentonline.com.
CONTACT: StudentOnline.com, New York
Matt Wasowski
212/430-3880, x. 3877
matt@studentonline.com
or
Edelman
Worldwide, New York
Audrey Merwin/Lawrence Greenberg
212/704-8130/8277
audrey_merwin@edelman.com
lawrence_greenberg@edelman.com
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