STOCK TITAN

Arkansas Virtual Academy Opens New Education Hub in Little Rock

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Arkansas Virtual Academy opens new education hub in downtown Little Rock, providing personalized education and training for K-12 students. The hub will serve as the school's headquarters and offer career preparation programs. The project was financed using federal COVID-19 relief funds.
Positive
  • Arkansas Virtual Academy opens new education hub in downtown Little Rock, expanding its facilities and providing more opportunities for in-person student activities, testing, and training. The hub will also serve as the school's statewide headquarters, strengthening its presence in the state. This expansion could positively impact the stock price as it demonstrates the school's growth and commitment to providing quality education.
Negative
  • None.

New center to provide tailored education sessions, onsite career preparation and programs

LITTLE ROCK, Ark.--(BUSINESS WIRE)-- Arkansas Virtual Academy (ARVA), a tuition-free, online K-12 public charter school providing personalized education, opened its new 24,450-square-foot education hub in downtown Little Rock today. The new education center will provide space for in-person student activities, testing and training and will serve as the school’s statewide headquarters. The site opens as Arkansas Virtual Academy enters its 20th year in the state and continues to grow as a school of choice among students statewide.

"The Arkansas Virtual Academy offers students a tailored and individualized learning journey, catering to their unique needs, empowering them to excel," said Amy Johnson, Head of School at Arkansas Virtual Academy. "Our new education hub will act as a centralized platform, enhancing our mission by granting students even greater access to educational programs that will continuously elevate their learning experience."

The ARVA education hub will also allow space for training the school’s more than 140 faculty members and will act as a space to bring students for additional academic support. It will also host student sessions focusing on career preparation and readiness programs, which will impact the city of Little Rock and Pulaski County as a whole.

The new building is the result of a one-year renovation at the previous site of a furniture warehouse and showroom. Arkansas Virtual Academy wisely utilized a portion of its one-time federal COVID-19 relief funds to finance the project, strategically allocating these resources for a more robust and enduring impact on its educational offerings. Arkansas Virtual Academy is a statewide, tuition-free public charter school powered by Stride, Inc. with more than 4,000 students in all of Arkansas’ 75 counties.

About Arkansas Virtual Academy

Arkansas Virtual Academy is a full-time public charter school serving students in grades K through 12. As part of the Arkansas public school system, ARVA is tuition-free and gives families the choice to access the engaging curriculum and tools provided by Stride, Inc. (NYSE: LRN). For more information about ARVA, visit: arva.k12.com

About Stride, Inc.

At Stride, Inc. (NYSE: LRN), we are reimagining learning—where learning is lifelong, deeply personal, and prepares learners for tomorrow. The company has transformed millions of people’s teaching and learning experiences by providing innovative, high-quality, tech-enabled education solutions, curriculum, and programs directly to students, schools, the military, and enterprises in primary, secondary, and postsecondary settings. Stride is a premier provider of K-12 education for students, schools, and districts, including career learning services through middle and high school curriculum. For adult learners, Stride delivers professional skills training in healthcare and technology, as well as staffing and talent development for Fortune 500 companies. Stride has delivered millions of courses over the past decade and serves learners in all 50 states and more than 100 countries. More information can be found at: stridelearning.com

Angela Rachels

angela@ghidotti.com

501-837-2363

Source: Stride, Inc.

FAQ

What is the purpose of the new education hub in downtown Little Rock?

The new education hub will provide space for in-person student activities, testing, and training. It will also serve as the school's statewide headquarters.

How was the project financed?

The project was financed using federal COVID-19 relief funds.

How many students does Arkansas Virtual Academy have?

Arkansas Virtual Academy has more than 4,000 students in all of Arkansas' 75 counties.

Stride, Inc.

NYSE:LRN

LRN Rankings

LRN Latest News

LRN Stock Data

4.47B
43.59M
3.02%
109.79%
16.73%
Education & Training Services
Services-educational Services
Link
United States of America
RESTON