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Overview of American Public Education, Inc. (APEI)
American Public Education, Inc. (APEI) is a diversified provider of online and campus-based higher education focused on transforming lives through affordable, career-focused academic programs. APEI delivers its educational offerings through several subsidiary institutions, including the American Public University System (APUS), Rasmussen University, Hondros College of Nursing, and Graduate School USA (GSUSA). With a longstanding commitment to accessible education, APEI serves a broad spectrum of adult learners worldwide, including active-duty military, veterans, and working professionals in various fields.
Academic Programs and Core Offerings
APEI specializes in delivering nearly one hundred degree programs spanning a wide range of disciplines. The academic portfolio includes undergraduate and graduate programs in areas such as:
- Nursing and Health Sciences: Programs offered through Hondros College of Nursing and Rasmussen University cover pre-licensure nursing, practical nursing diplomas, and advanced nursing degrees, all designed to meet rigorous accreditation standards.
- Military and Homeland Security Studies: Through APUS, including American Military University and American Public University, APEI offers programs tailored to military personnel and veterans, emphasizing leadership, strategic studies, intelligence, and homeland security.
- Business and Technology: Courses in business administration, technology, and related fields aim to equip students with the skills necessary to thrive in competitive markets.
- Criminal Justice and Public Administration: APEI programs include criminal justice studies that prepare learners for roles in law enforcement, security, and public service.
- Education and Liberal Arts: These programs foster critical thinking and leadership skills, preparing students for serviceable roles in community and educational settings.
Each program is designed with a focus on both academic rigor and practical application, ensuring that students are prepared to meet the demands of today’s workplace.
Operational Structure and Business Model
APEI generates its revenue primarily through net course registrations, tuition fees, and other enrollment-related charges. The company’s business model capitalizes on the scalability of online education while also benefiting from the tangible value of campus-based learning. Its diversified institutional portfolio not only mitigates risk but also allows the organization to adapt to evolving market demands and shifting student demographics.
Key operational elements include:
- Accreditation and Compliance: Both APUS and Rasmussen University maintain accreditation through the Higher Learning Commission, while Hondros College of Nursing is accredited by the Accrediting Bureau of Health Education Schools. This adherence to rigorous standards underpins the company’s credibility.
- Student-Centric Approach: APEI is committed to providing robust student support services including flexible learning options, dedicated faculty expertise, and innovative technology integration. This focus ensures that students benefit from an interactive learning environment that is both accessible and effective.
- Market Adaptability: The institution embraces both technological innovation, such as AI-enhanced learning platforms, and traditional educational practices, ensuring that it can offer personalized learning experiences and keep pace with industry trends.
Market Position and Industry Relevance
Within the dynamic landscape of higher education, APEI distinguishes itself by catering to non-traditional learners, including those pursuing education alongside professional commitments. By addressing skill gaps in critical fields such as healthcare and national security, APEI solidifies its place as a vital contributor to workforce development on both national and international levels.
Industry-specific keywords such as "online education," "career-focused learning," and "affordable higher education" are integral to APEI’s identity and are strategically woven into its operational narrative to underscore its commitment to transforming lives through education.
Commitment to Excellence and Community Impact
APEI’s mission extends beyond the delivery of academic programs. The institution is dedicated to advancing careers and improving communities by bridging the gap between academic knowledge and real-world application. Its extensive network of subsidiary institutions collaborates to deliver high-quality educational experiences, thereby enhancing individual career prospects and contributing to broader social and economic development.
With a deep-rooted commitment to service, leadership, and academic quality, APEI continues to innovate and respond to the evolving needs of its students. The integration of advanced technology in its teaching methods and the strategic use of hybrid learning models ensure that APEI remains both competitive and responsive to contemporary educational challenges.
Operational Insights and Differentiation
The company’s operational framework reflects a balanced approach between maintaining traditional academic strengths and embracing modern educational technologies. By combining face-to-face instruction with flexible online courses, APEI meets the needs of diverse demographic groups, from full-time professionals to active-duty military personnel. This dual modality approach not only enhances student engagement but also supports the development of personalized learning paths tailored to individual needs.
APEI’s operational success is also driven by its consistent investment in technology and process optimization. This includes the integration of data-driven decision-making in enrollment, student retention, and academic performance enhancement, illustrating the company’s ability to leverage advancements in educational technology for improved outcomes.
Accreditation and Quality Assurance
Maintaining high academic standards is central to APEI’s operations. Each institution under its umbrella is accredited by respected national bodies, ensuring that the programs offered meet stringent quality and professional standards. This focus on accreditation not only reinforces the legitimacy of its programs but also builds trust with students, employers, and regulatory authorities.
Frequently Asked Questions and Investor Insights
The comprehensive structure of APEI’s educational offerings and its robust business model provide clarity to both students and investors. Frequently asked questions typically address the nature of its academic programs, revenue generation through tuition and enrollment fees, and the company’s positioning within the competitive market of higher education. The detailed, structured information available reflects APEI’s commitment to operational transparency and excellence, thereby contributing to its reputation as a trusted provider of higher education solutions.
Conclusion
American Public Education, Inc. (APEI) exemplifies a steadfast commitment to providing high-quality, accessible education that bridges the gap between academic achievement and career advancement. Its integrated approach, combining robust academic programs with flexible delivery models and stringent quality assurance protocols, positions it as a significant player in the higher education arena. By continuously adapting to technological advancements and evolving market needs, APEI ensures that its offerings remain both relevant and transformational for a diverse student population worldwide.
This comprehensive overview serves to inform investors, academics, and prospective students about APEI’s multifaceted operations, underscoring its commitment to excellence, innovation, and community impact.
American Public Education, Inc. (Nasdaq: APEI) has initiated a public offering of its common stock, exclusively selling shares owned by the company. The offering includes a 30-day option for underwriters to purchase an additional 15% of shares. Proceeds from the offering are expected to be used for general corporate purposes, including potential costs related to the acquisition of Rasmussen University, which involves replacing a $29 million preferred stock obligation. The offering is subject to market conditions and is made under an effective SEC shelf registration.
American Public University System (APUS) and Rio Salado College have partnered to offer students a streamlined pathway to earn an online associate degree with guaranteed admission to select baccalaureate programs. This collaboration aims to enhance educational access for non-traditional students, including military personnel, by allowing them to transfer up to 90 credits toward their bachelor's degrees. With nearly 50,000 students served annually, both institutions emphasize high-quality and affordable education. APUS provides over 200 programs, fostering career growth through accessible online learning.
Hondros College of Nursing announced plans to open a new campus in Akron, Ohio, in April 2021 to address the ongoing nursing shortage in the region and across the U.S. The Bureau of Labor Statistics anticipates over 175,000 registered nursing job openings annually through 2029, with substantial growth expected in Northeast Ohio. The new campus will be Hondros' seventh location and aims to provide practical nursing education, enhancing workforce readiness in the healthcare sector, particularly amid the COVID-19 pandemic.
American Public Education, Inc. (NASDAQ: APEI) will announce its fourth quarter and full year 2020 results on March 9, 2021, after U.S. market close. A live conference call will be held at 5:00 p.m. Eastern time that same day, accessible via the company's investor relations website. A replay will be available two hours post-call and archived for one year. APEI is a key player in the online education sector, serving over 88,000 learners globally with more than 220 programs.
American Public Education, Inc. (NASDAQ: APEI) will participate in the 23rd Annual Needham Virtual Growth Conference on January 12, 2021. CEO Angela Selden will present at 2:00 p.m. Eastern time.
Investors can access a live broadcast here. APEI will also conduct one-on-one meetings with investors throughout the day. Interested parties can contact Needham & Company for scheduling.
A recording of the presentation will be available on APEI's website for 90 days post-event.
Four master's-level students and alumni from the American Public University System have been named Presidential Management Fellowship Finalists for 2021. Since 2011, nearly 60 alumni achieved this prestigious status. The finalists include Joshua Baker (Environmental Policy Studies), Rebecca J. Bryson (Public Administration), Benjamin Kenyon (Business Administration), and Marsha D. Reveal (Conflict Analysis). The PMF program aims to cultivate future government leaders and has a selection rate of under 10% of applicants.
American Public University System (APUS) has renamed its business school to the Dr. Wallace E. Boston School of Business in honor of Dr. Boston's nearly two decades of leadership. As of September 30, 2020, APUS had 86,300 active students, a tenfold increase since Dr. Boston's tenure began. The School of Business offers 51 online programs and has conferred over 26,500 degrees and certificates. Dr. Boston's leadership contributed to key milestones, including initial accreditation and an IPO in 2007. APUS aims to prepare students for careers in the global business community.
American Public Education, Inc. (NASDAQ: APEI) will participate in two virtual investor conferences. CEO Angela Selden will present at the Sidoti & Company 2020 Virtual Microcap Conference on November 19, 2020, at 11:30 a.m. ET, with a live broadcast available. Following this, she will engage in a fireside chat at the B. Riley Securities Education Services & Technology Conference on December 2, 2020, at 8:45 a.m. ET. Both events will be accessible via APEI's website, where recordings will also be archived.
American Public Education, Inc. (APEI) reported strong financial results for Q3 2020, with a 16.6% increase in consolidated revenue to $79.1 million. Key highlights include 25% growth in net course registrations at APUS and 88% growth in new student enrollment at Hondros College of Nursing. Net income rose to $2.6 million or $0.18 per share. Adjusted EBITDA increased 49% to $10.8 million. APEI plans to acquire Rasmussen University, aiming for annual revenue of $600 million post-acquisition, positioning itself as the top educator for pre-licensure nurses.