EX-99.3 4 v472665_ex99-3.htm EXHIBIT 99.3

Exhibit 99.3

 

 

 

 

JUNE 2017 TICKER: APEI EXCHANGE: NASDAQAMERICAN PUBLIC EDUCATION, INC. (NASDAQ: APEI) is a leading provider of higher learning dedicated to preparing students all over the world for excellence in service, leadership and achievement. The Company offers respected, innovative and affordable academic programs and services to students, universities and partner organizations through wholly owned subsidiaries: American Public University System and National Education Seminars Inc., which we refer to in this press release as Hondros College of Nursing.American Public University System (APUS), which is accredited by the Higher Learning Commission (HLC), offers online degree and certificate programs through American Military University (AMU) and American Public University (APU). Hondros College of Nursing (HCN) educates nurses at five Ohio campuses in Cincinnati/West Chester, Cleveland/Independence, Columbus/Westerville, Dayton/Fairborn and Toledo/Maumee. Together, these institutions serve more than 85,000 adult learners worldwide and offer more than 200 degree and certificate programs in fields ranging from homeland security, military studies, intelligence, and criminal justice to technology, business administration, public health, nursing and liberal arts. For additional information, please visit www.apei.com.30+HCON RELATIONSHIPSwith healthcare employers91%APUS SENIORS SURVEYEDRespondents would probably or definitely chose APUS again if they could start over.295%APUS ALUMNI SURVEYEDRespondents were either completely satisfied or very satisfied with education received.180K+APUS ALUMNI5K+HCON ALUMNINET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERSTOTAL ASSETSNET CASH PROVIDED BY OPERATING ACTIVITIESREVENUE$ 320,712$ 42,323$ 350,020$ 42,034$ 40,877$ 299,427$ 329,479$ 297,904$ 327,910$ 313,516$ 313,139$ 61,030$ 271,655$ 59,414$ 57,211$ 56,014$ 32,414$ 52,924$ 237,603$ 24,155‘12‘13‘14‘15‘16‘12‘13‘14‘15‘16‘12‘13‘14‘15‘16‘12‘13‘14‘15‘16Contact: Chris Symanoskie, IRC, Vice President, Investor Relations 703-334-3880 or csymanoskie@apei.comNOTE: Past performance is not indicative of future results. Additional information, including important details about risk factors, can be found in APEI’s filings with the U.S. Securities and Exchange Commission, www.sec.gov.1. APUS, 2016 End of Program Survey2. NSSE, 2016 Survey

 

 

 

 

 

ENROLLMENT BY DEGREE LEVEL7APUS AMERICAN PUBLIC UNIVERSITY SYSTEMAn online institution of higher learning serving the needs of military, public service and civilian communities through American Military University (AMU) and American Public University (APU).ENROLLMENT AND REGISTRATIONSFor the three months ended June 30,20172016% ChangeNet Course Registrations by New Students9,60010,500-9%Net Course Registrations377,00082,000-6%For the six months ended June 30,20172016% ChangeNet Course Registrations by New Students20,10023,100-13%Net Course Registrations3163,700177,800-8%As of June 30,20172016% ChangeAPUS Student Enrollment484,30091,800-8%¦59%Bachelor’s¦16%Associate¦16%Master’s¦9%Certificate/otherENROLLMENT BY SCHOOL7¦26%Security & Global Studies¦23%Business¦23%Arts & Humanities¦15%Science, Technology, Engineering & Math¦10%Health Sciences¦3%EducationAT-A-GLANCE7– 88% of Students are Working Adults – Avg. Age of Students: 33 years– Avg. Undergraduate Class Size: 19 students– Avg. Graduate class size: 9 students– Gender Ratio: 64% male / 36% female– 47%+ of APUS students referred by others – Over 200 Degree and Certificate Programs– 2,000+ Globally Located Faculty MembersAMU & APU GRADUATES– 80,000+ Alumni – Nearly 40 graduate students and alumni honored as Presidential Management Fellowship finalists, one of the nation’s most prestigious programs for leadership and public service.REGISTRATIONS BY PRIMARY FUNDING SOURCEFor the three months ended June 30, 2017¦36%Department of Defense Tuition Assistance (TA)¦27%Federal Student Aid (Title IV)¦23%Veterans Benefits (VA)¦14%Cash & Other SourcesTUITIONOur total costs of combined tuition, books, and required fees are approximately 21% less for undergraduate and 40% less for graduate students than the average published in-state total costs at public institutions.5HONDROS COLLEGE OF NURSING3Serving the needs of nurses and the healthcare community through campus locations in Cincinnati, Cleveland, Columbus, Dayton, and Toledo, Ohio.STUDENT ENROLLMENT6For the three months ended June 30,20172016% ChangeNew Student Enrollment460350+31%Total Student Enrollment1,7201,770-3%ENROLLMENT BY PROGRAMFor the full year ended December 31, 2016.¦59%Licensed Practical Nurse¦32%Associate Degree in Nursing¦9%RN-Bachelor of Science in NursingAT-A-GLANCE– Avg. Age of Students: 30 years– Gender Ratio: 92% female / 8% male– Avg. Class size: 15 studentsGRADUATES– 5,600+ alumniApproximate Cost (Tuition & Fees) of Degree CompletionLicensed Practical Nurse$17,040Associate Degree in Nursing$25,010Alumni tuition is $23,790Bachelor of Science in Nursing$20,880Alumni tuition is $19,4883. APUS Net Course Registrations represent the approximate aggregate number of courses for which students remain enrolled after the date by which they may drop a course without financial penalty.4. APUS Student Enrollment represents the number of unique active students, including those who take an approved leave of absence for up to two years, who have reached the eighth day of their first course or who have completed at least one course within the last 12 months for which a grade was received.5. College Board, Trends in College Pricing 2016.6. HCON Student Enrollment represents the total number of students enrolled in a course immediately after the date by which students may drop a course without penalty.7. For the twelve months ended December 31, 2016.