Aspen Group announces record 1,273 new student enrollments in Q4
Aspen Group announced a company record of 1,273 total new student enrollments for Q4. Aspen University accounted for 1,096 new student enrollments, while United States University accounted for 177 new student enrollments. Note that starting in March, 2018, Aspen University no longer admits students without official transcripts. This change was made for operational efficiency reasons, as the starts and revenues earned from conditional acceptance enrollments did not warrant the conditional acceptance policy to be continued. Aspen University's total active student body grew 39% year-over-year from 4,681 to 6,500. Aspen's School of Nursing grew 43% year-over-year, from 3,363 to 4,807 active students. Aspen's RN to BSN program accounted for the majority of the growth, from 2,104 to 3,158 active students, an increase of 1,054 active students, or 50% year-over-year. Aspen University students paying tuition and fees through a monthly payment method grew by 48% year-over-year, from 3,060 to 4,532. Those 4,532 students paying through a monthly payment method represent 70% of Aspen University's total active student body. USU's active degree-seeking student body grew sequentially from 446 to 557 students or a sequential increase of 25%. USU students paying tuition and fees through a monthly payment method grew from 204 to 293 students sequentially. Those 293 students paying through a monthly payment method represent 53% of USU's total active student body.