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Hurricane Survivors Forgiven of Student Loans

Universal Accounting® releases victims from all school commitments.

SALT LAKE CITY, UT (September 9, 2005) - Students of the Universal Accounting® hit by Hurricane Katrina will be forgiven of any current student loans with the school. Universal administrators have identified students living in the most stricken areas of Louisiana and Mississippi and are attempting to inform them of the exemption.

"We are presently attempting to notify students that we will release them from any further obligations associated with our coursework," said Universal President Allen Bostrom.

Universal Accounting® is an international firm headquartered in Salt Lake City, UT providing accounting, bookkeeping and income tax training. Skills are taught through live classroom sessions or through Universal's patented home-study course, allowing students to learn at their own pace.

More information about the Universal Accounting® can be found by calling 1-800-343-4827. ###

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