Welcome to our dedicated page for American Public news (Ticker: APEI), a resource for investors and traders seeking the latest updates and insights on American Public stock.
American Public Education, Inc. (NASDAQ: APEI) news covers developments across its three institutions: American Public University System (APUS), Rasmussen University, and Hondros College of Nursing. As an education services company in the Educational Services sector, APEI regularly reports on academic initiatives, enrollment trends, institutional partnerships, and financial performance related to its online and campus-based postsecondary education offerings.
News about APUS often highlights its role serving adult learners and military and veteran students, along with updates on online programs in fields such as business administration, health science, technology, criminal justice, education, liberal arts, national security, military studies, intelligence, and homeland security. Company communications also feature stories on student engagement, including the growth of student-run organizations and honor societies that support leadership and academic success in an online environment.
Rasmussen University–related news focuses on nursing and health sciences programs, as well as additional schools in Business, Technology, Design, Early Childhood Education, and Justice Studies. Releases may describe new program launches, campus expansions, and alliances with employers that provide tuition benefits and support workforce development. Hondros College of Nursing news typically centers on pre-licensure nursing education and campus-based training for practical nursing and related roles.
Investors and observers can also find APEI’s announcements on quarterly financial results, investor day presentations, and other material events through its press releases and SEC-referenced communications. This news page aggregates these updates so readers can follow how APEI’s institutions evolve their academic offerings, respond to regulatory and funding conditions, and serve diverse student populations across online and campus-based settings.
American Public University System (APUS) has announced the launch of TuitionWise, an education benefits program designed to help companies recruit, retain, and enhance the skills of their employees. TuitionWise aims to reduce the potential costs of student debt for eligible participants by offering the possibility of no out-of-pocket tuition costs when combined with employer tuition-assistance benefits. The program includes an APUS partner grant for U.S.-based organizations meeting minimum tuition assistance standards. According to APUS President Nuno Fernandes, the program targets companies dedicated to investing in their employees' education, making higher education more accessible through partner grants, no application fees, and no costs for undergraduate books and transfer credit evaluations. With more than 300 organizations as partners, APUS collaborates with various sectors, including associations, businesses, government agencies, and healthcare organizations, to create effective learning strategies.
American Public University System (APUS) has appointed Dr. Mary A. Papazian, the Executive Vice President at the Association of Governing Boards of Universities and Colleges (AGB), to its Board of Trustees. Dr. Papazian brings over 35 years of higher education experience, including presidencies at San Jose State University and Southern Connecticut State University. She is known for her strategic vision in leveraging emerging technologies like AI and advancing diversity, equity, and inclusion. Her leadership is expected to enhance APUS's educational offerings and extend its reach to diverse student populations, including military and public service communities.
American Public University System (APUS) is partnering with Home School Legal Defense Association (HSLDA) to offer tuition grants for HSLDA members and their families to earn degrees and certificates at American Public University (APU). The partnership allows nearly 100,000 HSLDA member families to access a 10% tuition grant for bachelor's and master's degrees. This initiative aims to make higher education more accessible, especially for those involved in home schooling. APUS offers a flexible, online education model with monthly class starts, making it suitable for home-schooled families. HSLDA, an advocacy organization founded over 40 years ago, provides resources and legal support to facilitate home schooling.
American Public Education (NASDAQ: APEI) announced its participation in two upcoming investor conferences. Management will attend the B. Riley Institutional Investor Conference on May 22-23 in Los Angeles, engaging in one-on-one meetings. Additionally, APEI will present at the William Blair Annual Growth Stock Conference on June 4 in Chicago at 1:40 pm ET, with a webcast available on the company's website. APEI serves over 125,000 students through its four subsidiary institutions, offering both online and campus-based education.
Rasmussen University has launched the Professional Achievement Grant for Saber Healthcare Group employees, providing up to 100% tuition assistance on advanced nursing degrees. This initiative, combined with Saber's tuition reimbursement program, helps qualified employees pursue RN to BSN and MSN degrees at no out-of-pocket cost. Additionally, a 20% corporate grant is available for other programs. The grant aims to address the workforce's evolving needs, enhance patient care, and support Saber's talent retention. Eligibility requires six months of full-time employment at Saber in a leadership role.
APUS will celebrate over 16,000 graduates at its 28th annual commencement on May 10-11, including around 4,100 master's, 8,800 bachelor's, and 3,600 associate degrees. The ceremonies will be held at the Gaylord Hotel in National Harbor, Md., and live streamed for remote viewing. Award winners will also be recognized during the event.
American Public Education, Inc. (APEI) reported solid financial results for the first quarter of 2024, with revenue increasing by 3.2% year-over-year to $154.4 million. Adjusted EBITDA also saw a substantial growth of 143% to $17.1 million. The company maintained a strong liquidity position and is raising its full-year revenue and Adjusted EBITDA guidance. Management highlighted the positive momentum in financial performance driven by enrollment growth and cost reductions. Total revenue increased primarily in the APUS and HCN Segments, while costs and expenses decreased compared to the same period last year. The net loss available to common stockholders improved significantly, with a total cash, cash equivalents, and restricted cash of $153.2 million as of March 31, 2024.
American Public Education, Inc. (APEI) will be presenting at the Sidoti Micro Cap Conference on May 8, 2024. Angela Selden, President and CEO, will present at 1:45 p.m. ET. The company offers education services through campus-based and online post-secondary education.
Rasmussen University has expanded its Bloomington Bachelor of Science in Nursing program to the Hennepin/Anoka campus in response to nursing shortages in Minnesota. The CCNE-accredited BSN program aims to meet the demand for registered nurses with baccalaureate degrees. Enrollment is open, with classes starting soon. The expansion follows a successful launch at the Eagan campus, where 93% of BSN students passed the NCLEX-RN exam in 2023. Rasmussen offers various entry tracks for students at different academic stages, emphasizing evidence-based practices and real-world clinical settings.
American Public Education, Inc. has been named one of the 'World's Top EdTech Companies' for 2024 by TIME Magazine and Statista Inc. This recognition validates APEI's commitment to academic excellence. The company was selected from over 7,000 companies based on financial strength and industry impact. APEI offers online and campus-based post-secondary education services through its subsidiaries.
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