Lincoln Educational Services' Student Attendance Rates Remain Above 90% As Technology Platforms Keep Students Engaged

Rhea-AI Summary

Lincoln Educational Services Corporation (NASDAQ: LINC) reported that student attendance rates exceeded 90% during the second quarter, attributed to the effective use of technology platforms for remote learning amidst COVID-19 disruptions. With students receiving Lincoln-issued laptops, the organization was able to ensure continuity in education as campuses gradually reopened. The company plans to adopt a blended curriculum, combining on-campus hands-on training with remote instruction to enhance learning experiences for its students.

Positive

• Student attendance rates above 90% during the second quarter due to remote learning capabilities.
• Effective transition to online instruction maintained through issued laptops.
• Blended curriculum planned for future, integrating lab work and online learning.

Negative

• None.

WEST ORANGE, N.J., July 21, 2020 /PRNewswire/ -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 20 hands-on career fields, reported that average attendance across its nationwide system of campuses was above 90% for the majority of the second quarter. The Company attributes the high attendance rates to its technology platforms, which allowed remotely-delivered instruction as campuses were closed due to the COVID-19 pandemic. Working with Lincoln-issued laptops, students experienced little to no interruption, allowing them to make a smoother transition as campuses re-opened for on-site instruction.

"Lincoln students have traditionally been provided with laptops in the vast majority of our programs, and those laptops are theirs to keep upon graduation," says Scott Shaw, Lincoln Tech's President and CEO. "It has been a priority for Lincoln to ensure that students have access to the technology they need to train for 21^st century career fields – all of which are technologically-driven. While the COVID-19 crisis forced abrupt changes to educational delivery of all kinds, our strategic initiative to issue laptops allowed us to act quickly and as a result the average student attendance for remote learning exceeded 90% at Lincoln's 22 campuses across the country."

"During this time of physical isolation, I want to applaud our faculty for continuing to deliver their instruction in an engaging manner, demonstrating a sense of community and providing students with the academic instruction they expect from Lincoln Tech," says Ami Bhandari, Lincoln Tech's Senior Vice President for Education and Strategy. "We believe that the exceptional attendance rates reflected the quality of those classes, and also our students' commitment to remain connected and diligent in pursuit of their new careers."

As Lincoln Tech moves forward, campuses will utilize a blended curriculum format, with students completing the hands-on, lab portion of their programs on campus, while receiving instructor-led presentations and discussions via remote, online technology platforms.

About Lincoln Educational Services Corporation

Lincoln Educational Services Corporation is a leading provider of diversified career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults career-oriented programs in five principal areas of study: automotive technology, health sciences, skilled trades, information technology, and hospitality services. Lincoln has provided the workforce with skilled technicians since its inception in 1946. 

Lincoln currently operates 22 campuses in 14 states under three brands: Lincoln Technical Institute, Lincoln College of Technology, and Euphoria Institute of Beauty Arts and Sciences.  Lincoln also operates Lincoln Culinary Institute in the states of Connecticut and Maryland.

For more information, go to lincolntech.edu.

Contact Information
Lincoln Educational Services Corporation
Peter Tahinos
(973) 736-9340 x49233
ptahinos@lincolntech.edu  

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SOURCE Lincoln Educational Services Corporation

FAQ

What are the attendance rates reported by Lincoln Educational Services Corporation for Q2?

Lincoln Educational Services Corporation reported that student attendance rates exceeded 90% during the second quarter.

How has COVID-19 affected Lincoln Educational Services' operations?

COVID-19 forced Lincoln Educational Services to implement remote learning, but attendance remained high due to their technology platforms.

What technology did Lincoln Educational Services provide to students?

Lincoln Educational Services issued laptops to students, ensuring access to technology for remote learning.

What is the future education format planned by Lincoln Educational Services?

Lincoln Educational Services plans to utilize a blended curriculum format, combining hands-on lab work on campus with online instruction.

What is the stock symbol for Lincoln Educational Services Corporation?

The stock symbol for Lincoln Educational Services Corporation is LINC.