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Major brand names under Citigroup's
trademark red umbrella include Citibank, CitiFinancial, Primerica,
Smith Barney, Banamex , and Travelers Life and Annuity. Citibank was one
of the first banks to finance higher education , beginning in 1958.

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Business Editors/Education Editors

STAMFORD, Conn.citigroup.
The suit seeks to prohibit the NCAA from telling member colleges they cannot
offer athletic scholarships up to the full cost of attendance.

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"Both Citibank and
Kaplan University share a commitment to education and a
student-centered service and support approach."

Kaplan University (www.

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College planning and
financing information is also available at studentloan.

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com

The Student Loan Corporation (NYSE: STU) is one of the nation's
leading originators and holders of insured student loans providing a
full range of education financing products and services to meet the
needs of students, parents , schools, and lenders.

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----Kaplan
University, a unit of Kaplan, Inc. The
suit asks for the restoration of funds for incidental expenses, which the NCAA
eliminated in 1973 in a cost-cutting move.

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Going forward, Kaplan University will begin to move from the
Direct Lending Program to the Federal Family Education Loan Program
partnering with Citibank to provide both loan products and assistance
during the transition.edu), based in Davenport, Iowa, is
accredited by the Higher Learning Commission of the North Central
Association of Colleges and Schools (NCA). With
over 22,000 on-ground and online students, Kaplan University joins the
ranks of the largest universities in the U.

For information or inquiries regarding student loan accounts,
please call 1-800-967-2400.

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Class action lawsuit an outgrowth of a California-led campus movement
supported by the Steelworkers

PITTSBURGH, The United Steelworkers (USW) hailed
the federal antitrust lawsuit filed last Friday in Los Angeles by college
student-athletes against the National Collegiate Athletic Association (NCAA).
The suit is an outgrowth of the work of the Collegiate Athletes Coalition, an
advocacy group started by former UCLA football player Ramogi Huma, with
support from the USW.

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Additional
information may be found at: www.7 million customers and
over 3,000 schools nationwide .

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Kaplan University Selects Citibank to Provide Federal and Private Loans to Its Students

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7 million customers and over 3,000 schools.
The suit alleges that "the (grant-in-aid) cap is simply a cost containment
mechanism that enables the NCAA and its member institutions to preserve more
of the benefits of their enterprise for themselves.

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"After examining several loan providers, we selected Citibank as
the organization best able to meet the needs of our unique student
population," says Jane Smalec, Chief Financial Officer, Kaplan
University. "Citibank understands customer needs and its suite of
products and services will make the process of obtaining financial aid
easy and provide our students a resource for their future financial
needs as they begin their careers.

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"
A member of Citigroup, the world's premier financial organization,
The Student Loan Corporation is one of the country's leading
originators of student loans.

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A. is a member of Citigroup (NYSE: C), the preeminent
global financial services company with some 200 million customer
accounts in more than 100 countries .A.

USW Lauds Legal Action Taken by Collegiate Athletes

Costs not covered include the
student-athlete 's travel costs, laundry, supplies, insurance and other
incidental expenses outside of the NCAA definition of a scholarship.

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The university offers
master, bachelor and associate degrees, as well as certificates
designed to provide students with the skills necessary to qualify them
for employment in fields such as business, criminal justice,
education, design, information technology and paralegal studies .

This category contains links to athletic departments of colleges and universities whose names begin with 'I.

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Federal Stafford Loan, Federal PLUS Loan and
the CitiAssist(R) loan programs will all be handled through Citibank.

About Citibank

Citibank, N. The company was
previously a division of Citibank and became a NYSE-listed corporation
in 1992.

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is the majority shareholder. Educational Loan Center, Inc.

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Citibank, N.

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"Citibank advocates a healthy approach to money and we are pleased
to have the opportunity to bring our products, technology and
unparalleled service to Kaplan students ," says Michael Reardon, Chief
Executive Officer of The Student Loan Corporation.

'

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Today, The Student Loan Corporation serves 1. is a
subsidiary of The Student Loan Corporation.
Gerard, USW International President." The NCAA's current
definition of a scholarship, which is limited to covering tuition and fees,
room and board and required books, is by its own admission about $2,500 less
than a student would incur to attend the school.

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Today, The Student Loan Corporation
serves 1. Citigroup provides consumers,
corporations, governments and institutions with a broad range of
financial products and services, including consumer banking and
credit, corporate and investment banking, insurance , securities
brokerage, and asset management.com. "When a major football program produces
annual revenues of more than $50 million, and nearly $40 million of profits,
how can the NCAA tell the school that it can't provide its players, many from
low-income backgrounds, with a thousand dollars or so of incidental school
expenses?"
Despite the revenues, athletes are the only students subject to aid
restrictions imposed by an agreement among universities. Talented students in
other fields like the arts or applied sciences can be bid upon by individual
colleges, without limits on the total value of their scholarship packages.

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, announced today that it has
selected The Student Loan Corporation , a subsidiary of Citibank, to be
the principal provider of federally guaranteed and private student
loans.S. Customers with Telecommunication Devices
for the Deaf (TDD) may call 1-800-846-1298.

The class-action claim was brought on behalf of Division I-A football
players and major-college basketball players, whose programs generate the
overwhelming amount of revenue that flows into college athletic departments.
"From day one, we saw that the NCAA took very good care of everybody in
Division-1 football and basketball, except the student-athletes," said Leo W.

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kaplan.

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CONTACTS:
Tim Waters (412) 999-3587
Wayne Ranick (412) 562-2444