NEWTON, Mass. - SimpleTuition, Inc. (www.SimpleTuition.com) has closed $6 million in Series C financing from Atlas Venture, Flybridge Capital Partners, and North Hill Ventures. The company plans to use the funding for continued development of its award-winning site, SimpleTuition.com, as well as for expansion of its innovative loan comparison service.

The leading student loan comparison site for personalized student loan research, SimpleTuition.com connects students and parents to top student loan lenders. The site's interactive approach to researching, comparing and selecting federal and private student loans helps borrowers make informed decisions about borrowing options. More than 1.5 million families turned to SimpleTuition.com in 2008 to search for personalized information on student loans, resulting in more than 750,000 highly-qualified leads to lenders.

"SimpleTuition has established itself as a leader in enabling families to access student loans during a time of tremendous market turmoil. They are well-positioned to help the millions of families seeking college loan products in the years ahead," said Jeff Bussgang, general partner at Flybridge Capital Partners.

"This is going to be a challenging year for families paying for college, as the availability of some traditional sources of financing is still up in the air," said Kevin Walker, co-founder and CEO of SimpleTuition. "We are pleased that SimpleTuition is a go-to resource for loan options that are still available. We have thrived throughout the credit crunch because lenders know that we deliver the best quality prospective borrowers outside the financial aid office itself."

"With our expertise in user experience, supplier management and analytics," Walker continued, "we look forward to developing new ways to help people make smart financial decisions in a very troubled market."


About SimpleTuition, Inc.

SimpleTuition is the leading education loan comparison company for personalized student loan research. Dedicated to helping students and parents make sense of education financing options, SimpleTuition.com is an independent and interactive solution for researching and comparing multiple Stafford, private, PLUS, and GradPLUS loans from dozens of lenders. Recently named Best Financial Services Site by Kiplinger's, SimpleTuition is headquartered in Newton, Mass., and is funded by Atlas Venture, Flybridge Capital Partners, and North Hill Ventures. For more information, visit SimpleTuition.com.