Saber Healthcare Group's Affiliated Employees Can Now Take Advantage of Substantial Tuition Grants to Pursue Degrees at American Public University System

Rhea-AI Summary

American Public University System (APUS) and Saber Healthcare Group, have announced a TuitionWise partnership that allows Saber's affiliated employees to earn degrees and certificates using APUS' newly launched TuitionWise Grant. This program enables employees to pursue education with no out-of-pocket tuition costs by combining the company's tuition assistance with an APUS partner grant.

The TuitionWise program is designed to help companies recruit, retain, and upskill employees through meaningful education benefits. APUS offers over 200 programs, including various health sciences courses, which are delivered through an online, asynchronous model with monthly class starts. The partnership aims to support Saber's mission of professional development and employee growth across its 130+ skilled nursing and assisted living facilities in six states.

Positive

• Partnership allows Saber's affiliated employees to earn degrees with no out-of-pocket tuition costs
• Program designed to help recruit, retain, and upskill employees
• APUS offers over 200 programs, including health sciences courses relevant to Saber's industry
• Online, asynchronous model with monthly class starts provides flexibility for working professionals

Negative

• None.

News Market Reaction

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+0.98% News Effect

On the day this news was published, APEI gained 0.98%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

University's TuitionWise Program Helps Companies Recruit, Retain, and Upskill Employees with Meaningful Education Benefits

CHARLES TOWN, W.Va., Oct. 16, 2024 /PRNewswire/ -- American Public University System (APUS) and Saber Healthcare Group, LLC (Saber) today announced a TuitionWise partnership that enables Saber's affiliated employees to earn degrees and certificates using APUS' newly launched TuitionWise Grant.

"Many of our affiliated employees want to earn their degrees while still working, and we take that seriously here at Saber," said Sarah Whitesel, Director of Student Success Programs at Cleveland-based Saber Healthcare Group, LLC. "We assist with our affiliated employees' professional development and are dedicated to their growth and retention to help support our mission. We are excited to partner with APUS to help us achieve this."

TuitionWise is an education benefits program that augments an employee tuition-assistance program and may make courses available to partners' employees at with no out-of-pocket tuition cost¹. In Saber's case, these no out-of-pocket tuition costs are made possible by their affiliated employees using the company's tuition assistance combined with an APUS partner grant.

"We created TuitionWise as a meaningful way to help companies retain, recruit, and upskill their employees," said Jose Molleja, Vice President of Brand Expansion and Student Success at American Public University (APU), which, along with American Military University (AMU) is operated by APUS. "Our online programs are a natural fit for Saber's affiliated, geographically dispersed workers, and thanks to APUS' TuitionWise Grant, they can avoid the financial burden of potential loans, or out-of-pocket costs, when pursuing degrees."

With companies that have an annual $5,250 education assistance benefit, a student could take six undergraduate courses, or four graduate courses, with no personal out-of-pocket tuition expenses in a year. 

Saber affiliated facilities provide care services at over 130 skilled nursing and assisted living facilities in six states: Ohio, Pennsylvania, Virginia, Indiana, Delaware, and North Carolina.

APUS has over 200 programs, and within the School of Health Sciences, these include Nursing, RN to MSN, Healthcare Administration, Nursing Education, Public Health, and Health Information Management.

APUS's online delivery model features asynchronous courses with monthly class starts (most are eight-week sessions). APUS provides transfer credit for eligible academic coursework, job experience, and military service; APUS evaluates and applies transfer credits at no cost.

For more information on TuitionWise, visit here.

About American Public University System 
American Public University System (APUS) delivers affordable, high-quality, workforce-relevant higher education. With a vibrant, diverse, and inclusive 33-year history, and over 147,000 alumni from more than 80 countries, APUS is recognized for its innovative approach to online learning². APUS is in the top 11% for students' return on educational investment, compared to 4,500 colleges and universities nationwide, according to the Georgetown University Center on Education and the Workforce (2022)³.

APUS, which includes American Military University (AMU) and American Public University (APU), is accredited by the Higher Learning Commission (HLC), an institutional accreditation agency recognized by the U.S. Department of Education. APUS is a wholly owned subsidiary of American Public Education, Inc. (Nasdaq: APEI). For more information, visit www.apus.edu. 

¹ This program is available to eligible participants only. No out-of-pocket tuition cost may be possible through the use of an employer's tuition assistance benefit, combined with an APUS partner grant. Some programs also may include in-person activities, such as practicums or labs, and other fees, which may result in additional costs to eligible participants.

² APUS has been honored with the online Learning Consortium's Gomory Award for Quality Online Education and is a five-time recipient of the consortium's Effective Practice Award https://www.apus.edu/newsroom/awards/.

³ Ranking based on 20-year net present value (NPV) https://cew.georgetown.edu/cew-reports/roi2022/. 

CONTACT
Frank Tutalo
Associate Vice President, Public Relations, APUS
FTutalo@apus.edu

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SOURCE American Public University System

FAQ

What is the TuitionWise partnership between APUS and Saber Healthcare Group?

The TuitionWise partnership allows Saber Healthcare Group's affiliated employees to earn degrees and certificates at American Public University System (APUS) using the TuitionWise Grant, which combines the company's tuition assistance with an APUS partner grant to provide education with no out-of-pocket tuition costs.

How does the TuitionWise program benefit Saber Healthcare Group's employees?

The TuitionWise program enables Saber Healthcare Group's affiliated employees to pursue higher education without personal tuition expenses, supporting their professional development and growth while working. It combines the company's tuition assistance with an APUS partner grant to cover tuition costs.

What types of programs does APUS (APEI) offer for Saber Healthcare Group employees?

APUS offers over 200 programs, including relevant courses in the School of Health Sciences such as Nursing, RN to MSN, Healthcare Administration, Nursing Education, Public Health, and Health Information Management. These programs are delivered online with monthly class starts and eight-week sessions.

How many courses can Saber Healthcare Group employees take annually without out-of-pocket tuition expenses?

With companies offering a $5,250 annual education assistance benefit, employees could take six undergraduate courses or four graduate courses per year without personal out-of-pocket tuition expenses through the TuitionWise program.