ASPEN GROUP, INC.
aspu.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2023 10-Q, filed May 16, 2023. Its latest SEC filing is a SC 13G/A from Feb 14, 2024.
10-Q for Q3 FY2023, filed May 16, 2023
The sections below describe the company as of the FY2022 annual report.
What Did They Do?
Offers online and hybrid college degrees, particularly nursing programs, to students pursuing professional careers.
10-K for FY2022, filed Jul 29, 2022
Who Were Their Customers?
Students seeking nursing and other degrees take online programs, with some nursing and teaching programs combining online study with clinical or field work. They finance their education through personal resources, employer reimbursement, or federal student aid.
10-K for FY2022, filed Jul 29, 2022AGI leverages its education technology infrastructure and expertise to allow its two universities, Aspen University and United States…View ↗
Emphasis on Online Education - The curriculum for all courses at AGI's universities is designed primarily for online delivery. Two nursing…View ↗
Students attending our schools finance their education through a combination of individual resources, corporate reimbursement programs and…View ↗
How Were They Changing?
- Net income
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Sources
10-Q for Q3 FY2023, filed May 16, 2023
−$1.6MView ↗
- ▼ −58% (Loss)
- vs −$3.7M in Q3 FY2022
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Mar 15, 2023
Aspen Group chose to leave Nasdaq
The company said it would voluntarily delist, citing lower costs and a simpler compliance and governance structure.
Sources
8-K, filed Mar 15, 2023
On March 13, 2023, Aspen Group, Inc. (the “Company”) notified The Nasdaq Stock Market LLC (“Nasdaq”) of the Company’s decision to…View ↗
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Feb 24, 2023
Arizona board sought to end Phoenix nursing-program teach-out early
The board voted to notify Aspen University that it intended to end the teach-out early, which could close the BSN program.
Sources
8-K, filed Feb 24, 2023
On February 23, 2023, the Arizona State Board of Nursing voted unanimously to notify Aspen University Bachelors of Science in Nursing (BSN)…View ↗
More pre-licensure campuses
Aspen University described its pre-licensure BSN program at an initial Phoenix campus; the latest report describes locations in Phoenix, Austin, Tampa, Nashville and Atlanta.
10-K for FY2019, filed Jul 9, 2019 10-K for FY2022, filed Jul 29, 2022Additionally, Aspen University began its first semester in July 2018 for its pre-licensure Bachelor of Science in Nursing degree program at…View ↗
The Company is currently operating five pre-licensure locations in the Phoenix, Austin, Tampa, Nashville and Atlanta metros. We started…View ↗
Who Did They Compete With?
Competes with American Public Education, Adtalem Global Education, Apollo Education Group, Grand Canyon Education, Strategic Education, and Western Governors University
10-K for FY2022, filed Jul 29, 2022According to the most recent 2019 Digest of Education Statistics (nces.ed.gov), there are more than 4,300 U.S. colleges and universities…View ↗
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