Johns Hopkins Joins SA Cash 'Cashless' Program

New one-card program will offer peace of mind, ease of payment to students



Apr 02, 2001, 01:00 ET from Student Advantage, Inc.

    BOSTON, April 2 /PRNewswire/ -- Joining a growing list of schools, Johns
 Hopkins University has picked Student Advantage, Inc.'s (Nasdaq: STAD) SA Cash
 Program to launch a stored-value "cashless" payment program for full-time and
 graduate students at its main Homewood campus in Baltimore. The SA Cash
 Program will be up and running in Baltimore when the Homewood campus's
 students return for the fall semester.
     ( Photo:   http://www.newscom.com/cgi-bin/prnh/19991201/STADLOGO )
     Tied to the Johns Hopkins University Homewood campus's ID stored-value
 account, the SA Cash Program provides an outsourcing solution for universities
 to expand the utility of their university ID stored-value accounts, enabling
 students, faculty and staff at the Homewood campus to buy food, clothing and
 music off-campus at Student Advantage's partner retailers. Students will also
 use their university ID to make purchases on-campus from vending machines,
 cafeterias, bookstore and to do laundry.
     Working with the university's ID program, Student Advantage is creating an
 off-campus network of businesses at which Johns Hopkins students can make
 "cashless" purchases on Student Advantage point-of-sale terminals. Purchases
 are then debited against the students' stored value, or declining balance
 accounts controlled by the school. Students will receive their account balance
 on merchant receipts after each purchase.
     "The best part about SA Cash is that we do not have extra administrative
 burdens or labor costs.  Student Advantage handles everything from recruitment
 to settlement, marketing to branding, off-line to on-line," says Michael J.
 Kendzejeski, Director of ID Card Services at Johns Hopkins University's
 Homewood campus. "With SA Cash and the addition of off-campus merchants into
 our one-card program, we hope to dramatically decrease the use of cash around
 campus. This offers more 'peace of mind' for all our card members: students,
 faculty and staff."
 
     About Student Advantage
     Founded in 1992, Student Advantage, Inc. (Nasdaq: STAD) is the media and
 commerce connection for millions of college students and the businesses and
 universities that serve them.  Student Advantage reaches students online
 through its award-winning Web sites, collegeclub.com and studentadvantage.com,
 and offline through the Student Advantage Membership and SA Cash Programs.
 The company serves its corporate partners by providing sophisticated
 integrated marketing solutions as well as events and promotion services
 through SA Marketing Group.  Additionally, Student Advantage supplies
 information services, Internet content and data management services to
 colleges and universities.
 
      Contact:  Siobhan Houton
                (617) 880-7781
                Shouton@studentadvantage.com
 
 

SOURCE Student Advantage, Inc.
    BOSTON, April 2 /PRNewswire/ -- Joining a growing list of schools, Johns
 Hopkins University has picked Student Advantage, Inc.'s (Nasdaq: STAD) SA Cash
 Program to launch a stored-value "cashless" payment program for full-time and
 graduate students at its main Homewood campus in Baltimore. The SA Cash
 Program will be up and running in Baltimore when the Homewood campus's
 students return for the fall semester.
     ( Photo:   http://www.newscom.com/cgi-bin/prnh/19991201/STADLOGO )
     Tied to the Johns Hopkins University Homewood campus's ID stored-value
 account, the SA Cash Program provides an outsourcing solution for universities
 to expand the utility of their university ID stored-value accounts, enabling
 students, faculty and staff at the Homewood campus to buy food, clothing and
 music off-campus at Student Advantage's partner retailers. Students will also
 use their university ID to make purchases on-campus from vending machines,
 cafeterias, bookstore and to do laundry.
     Working with the university's ID program, Student Advantage is creating an
 off-campus network of businesses at which Johns Hopkins students can make
 "cashless" purchases on Student Advantage point-of-sale terminals. Purchases
 are then debited against the students' stored value, or declining balance
 accounts controlled by the school. Students will receive their account balance
 on merchant receipts after each purchase.
     "The best part about SA Cash is that we do not have extra administrative
 burdens or labor costs.  Student Advantage handles everything from recruitment
 to settlement, marketing to branding, off-line to on-line," says Michael J.
 Kendzejeski, Director of ID Card Services at Johns Hopkins University's
 Homewood campus. "With SA Cash and the addition of off-campus merchants into
 our one-card program, we hope to dramatically decrease the use of cash around
 campus. This offers more 'peace of mind' for all our card members: students,
 faculty and staff."
 
     About Student Advantage
     Founded in 1992, Student Advantage, Inc. (Nasdaq: STAD) is the media and
 commerce connection for millions of college students and the businesses and
 universities that serve them.  Student Advantage reaches students online
 through its award-winning Web sites, collegeclub.com and studentadvantage.com,
 and offline through the Student Advantage Membership and SA Cash Programs.
 The company serves its corporate partners by providing sophisticated
 integrated marketing solutions as well as events and promotion services
 through SA Marketing Group.  Additionally, Student Advantage supplies
 information services, Internet content and data management services to
 colleges and universities.
 
      Contact:  Siobhan Houton
                (617) 880-7781
                Shouton@studentadvantage.com
 
 SOURCE  Student Advantage, Inc.