EpicQuest Education's EduGlobal College Signs Agreement to Further Propel International Student Recruitment

Rhea-AI Summary

EpicQuest Education Group International (NASDAQ: EEIQ) announced that its EduGlobal College has signed an agreement with Northern Lights College on March 3, 2025. The partnership creates a pathway for international students completing EduGlobal's English for Academic Purposes (EAP) program to directly enroll in Northern Lights' diploma programs without additional language testing.

Students who complete EduGlobal's EAP Level 2 program will gain automatic eligibility for Northern Lights' diploma programs in fields such as business and technology. This agreement supports both institutions' enrollment efforts while advancing EEIQ's strategic growth plan of internationalization through its owned institutions, Davis University and EduGlobal College.

Positive

• New partnership expands international student recruitment opportunities
• Streamlined admission process eliminates additional language testing requirements
• Enhanced pathway program strengthens EEIQ's international education offerings

Negative

• None.

The Agreement is a Key Element of EEIQ's Growth Plan of Internationalization

MIDDLETOWN, Ohio, March 5, 2025 /PRNewswire/ -- EpicQuest Education Group International Limited (NASDAQ: EEIQ), ("EpicQuest Education", "EEIQ" or the "Company"), a provider of comprehensive education solutions for domestic and  international students seeking college and university degrees in the US, Canada and the UK, today announced that on March 3, 2025, EduGlobal College ("EduGlobal") entered into an agreement (the "Agreement") with Northern Lights College ("Northern Lights"). The Agreement is designed to provide an expanded pathway for international students seeking to transition from English language studies at EduGlobal to diploma and degree programs at Northern Light's campuses in British Columbia.

Jeff Romonko, Vice President of Operations and Strategic Development of EduGlobal College, commented, "We are pleased to enter into this Agreement as it furthers our mission of providing our international students with the best possible options to further their academic journeys and professional development. EduGlobal is renowned for providing the very best of English proficiency courses, providing international students the linguistic skill set needed in both academic and professional settings."

"The Agreement is expected to provide expansive international recruitment opportunities for EduGlobal while also supporting Northern Light's enrollment efforts. Students completing the English for Academic Purposes (EAP) program at EduGlobal will gain the academic preparation and language proficiency necessary for success in Northern Light's diploma programs in such fields as business and technology. We feel strongly that our greatest reward is the ongoing success of our students and their ability to find fulfillment in their personal and professional lives," EduGlobal's Jeff Romonko concluded.

Under the Agreement, EduGlobal's EAP program will serve as an approved pathway for students to meet the English language proficiency requirements for admission into Northern Light's diploma programs. Further, students who successfully complete EduGlobal's EAP Level 2 program will be eligible to enroll directly in programs at Northern Lights without the need for additional standardized language testing.

EpicQuest Education's Strategy of Internationalization

EpicQuest Education's strategic growth plan is to achieve sustainable growth through internationalization through its owned and operated Davis University and EduGlobal College. The two schools have become increasingly focused on international recruiting and enrollment as they provide enhanced globalized learning to their students as well as pathways to achieve university degrees. The Company's foundational programs essentially exports its academic programming internationally at an affordable cost: international students can study in their home countries while earning course credits prior to their attendance at the Company's two institutions of higher learning in the US and Canada. A vital component of EpicQuest Education's strategic growth plan is to become increasingly engaged with international collaborations in order to leverage its distinct academic programming and unique culture of learning.

About Northern Lights College

Northern Lights College ("Northern Lights") is a public college located in Northern British Columbia, Canada. Its programs provide students with a diverse range of in-person and online courses for a successful transition into further education and the workforce. Northern Lights currently has campuses, access and training centers in seven communities across the northern third of British Columbia, with administration located at the Dawson Creek campus. Northern Lights is a member of British Columbia Colleges, a provincial group made up of 11 colleges that has a long history of collaboration with industry, employers, communities and policy makers. Northern Lights is named after the Aurora Borealis that are often seen throughout its region.  For more information, please visit https://www.nlc.bc.ca/.

About EduGlobal College

EduGlobal College is a private college located in the Metro Vancouver area, British Columbia. EduGlobal College provides English language programs for international students who are seeking academic and career advancement and specializes in English for Academic Purposes (EAP) programs that focus on helping international students acquire the advanced competencies in academic English necessary for them to complete their degree programs. In tandem with its EAP program, EduGlobal College offers first-year university courses and a Master's Academic Preparation Program to help prepare international students who have completed a bachelor's degree and aspire to pursue graduate studies at a Canadian university. EduGlobal College also offers students an innovative model for bridging the gap between private and public sector post-secondary education in Canada through its pathway programs. EduGlobal College is approved by The Private Training Institutions Branch (PTIB) of the Ministry of Advanced Education and Skills Training in the Province of British Columbia. For more information, please visit https://eduglobalcollege.com/.

About EpicQuest Education Group International Limited 

EpicQuest Education Group International Limited ("EpicQuest Education" or the "Company") provides comprehensive education solutions for domestic and international students seeking university and college degrees in the US, Canada and the UK. The Company owns and operates EduGlobal College, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The Company operates and is a 70% owner of Davis College, a career training college located in Toledo, Ohio. In addition, the Company has a recruiting relationship with the Miami University Regional campuses, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University. The Company is also a recruiting agent for the University of the West of Scotland (through The Education Group (London) Ltd) and Coventry University, both of which are located in the UK. EpicQuest Education has also established a wholly owned subsidiary, Gilmore Inv LLC, in Ohio, that will offer international educational programs related to kinesiology and recreation education. The Company also established a company in Ohio, SouthGilmore LLC that has been formed to organize sports-related entertainment projects, which is 40% owned by Gilmore. For more information, please visit www.epicquesteducation.com/.

Safe Harbor Statement

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our most recent Form 20-F and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Contacts:

EpicQuest Education Group International Limited
+1 513-649-8350
info@epicquesteducation.com 

Investor Relations:

Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com 

Source: EpicQuest Education Group International Limited

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SOURCE EpicQuest Education Group International Limited

FAQ

What are the key benefits of the March 2025 agreement between EduGlobal College and Northern Lights College for EEIQ?

The agreement expands international student recruitment opportunities and creates a direct pathway for EduGlobal's EAP students to enter Northern Lights' diploma programs without additional language testing.

How does the EduGlobal-Northern Lights College partnership affect international student admissions in 2025?

Students completing EduGlobal's EAP Level 2 program gain automatic eligibility for Northern Lights' diploma programs without requiring additional standardized language testing.

What academic programs are available to international students through the EEIQ Northern Lights College partnership?

The partnership provides access to Northern Lights' diploma programs in business and technology fields for students who complete EduGlobal's English for Academic Purposes program.

How does this agreement align with EEIQ's internationalization strategy?

The agreement supports EEIQ's strategic growth plan by expanding international collaborations and leveraging its academic programming through Davis University and EduGlobal College.