The present invention provides a new and useful system and method for processing on-line degree and current enrollment verification inquiries. The system includes a requestor computer and an institutional computer each connected to a server computer via the Internet. The server computer is capable of processing and storing educational information/education records provided by the institutional computer, and receiving at least one inquiry from the requestor computer and providing educational information/education records in response to the inquiry. The system also includes a database for storing educational information/education records and a search engine module that searches for and retrieves educational information/education records from the database. Communication means are also included which allow the system to transfer data between the requestor computer and the institutional computer.