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Capella University and CEBS announce education alliance

Online university provides college credit for CEBS coursework

MINNEAPOLIS, December 17, 2007 – Human resource and compensation professionals may receive college credit for completed Certified Employee Benefit Specialist® (CEBS) coursework through an alliance between the CEBS Program and Capella University, an accredited online university. The CEBS professional designation program is administered by the International Foundation of Employee Benefit Plans, the largest educational organization in the employee benefits field.

The education alliance provides college credit for CEBS coursework on an individual, course-by-course basis—and means that individuals who have completed CEBS courses may have a head start toward an academic degree. The credits may be applied toward a bachelor's or master's degree from Capella's School of Undergraduate Studies or School of Business and Technology.

“The pursuit of a college degree and a professional designation is demanding and requires a serious level of commitment,”” said Daniel Graham, senior director, CEBS Program. “The blending of professional coursework with academic achievement is one of the keys to helping students shape their future career paths.”

A transfer guide listing the number of credits eligible for transfer from completed CEBS program courses is available at www.capella.edu/cebs. For more information about credits and how to earn an online degree at Capella, call to speak to an enrollment counselor at 1-888-CAPELLA (227-3552), option 3.

About CEBS
The CEBS designation is the oldest and the most respected professional credential in employee benefits and compensation. CEBS was established in 1976 through a partnership of the International Foundation of Employee Benefit Plans and the Wharton School of the University of Pennsylvania. The International Foundation, the largest educational organization in the employee benefits field, is responsible for the overall administration of the program. The Wharton School, one of the preeminent business schools in the U.S., oversees academic content and standards. For more information, visit www.cebs.org.

About Capella University
Founded in 1993, Capella University is an accredited*, fully online university that offers graduate degree programs in business, information technology, education, human services, psychology, public health, and public safety, and bachelor's degree programs in business, information technology, and public safety. Within those areas, Capella offers 104 graduate and undergraduate specializations and 15 certificate program. The online university currently serves more than 20,000 students from all 50 states and 56 countries. It is committed to providing high-caliber academic excellence and pursuing balanced business growth. Capella University is a wholly-owned subsidiary of Capella Education Company (NASDAQ: CPLA), headquartered in Minneapolis. For more information, please visit http://www.capella.edu or call 1-888-CAPELLA (227-3552).

*Capella University is accredited by The Higher Learning Commission and is a member of the North Central Association of Colleges and Schools (NCA), http://www.ncahlc.org.
Capella University, 225 South Sixth Street, Ninth Floor, Minneapolis, MN 55402, 1.888.CAPELLA (227.3552).

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