Current Report Filing (8-k)
July 09 2015 - 3:00PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): July 8, 2015
Apollo Education Group, Inc.
(Exact name of registrant as specified in its charter)
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Arizona |
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0-25232 |
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86-0419443 |
(State or other jurisdiction
of incorporation) |
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(Commission
File Number) |
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(I.R.S. Employer
Identification No.) |
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4025 S. Riverpoint Parkway, Phoenix,
Arizona |
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85040 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: (480) 966-5394
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Section 8 Other Events
On July 8, 2015, University of Phoenix, Inc., our wholly-owned
subsidiary, was notified by The Higher Learning Commission (HLC) that the HLC Board of Trustees has taken final action to remove the University from Notice status, effective June 25, 2015.
In July 2013, the accreditation of University of Phoenix was reaffirmed by HLC through the 2022-2023 academic year. At the same time, HLC
placed the University on Notice status for a two-year period. Notice status is a sanction that means that HLC has determined that an institution is on a course of action that, if continued, could lead the institution to be out of compliance with one
or more of the HLC Criteria for Accreditation or Core Components. The University submitted a Notice Report to HLC in November 2014 providing evidence that the University has ameliorated those conditions that led to the Notice status and continues to
meet the Criteria for Accreditation, Core Components and Assumed Practices associated with those conditions. In addition, in the Notice Report the University reported on its progress in other areas of concern not included as a basis for the Notice
sanction. The University hosted a focused visit in January 2015 to validate the contents of the Notice Report filed in November 2014.
In
July 2013, University of Phoenix was assigned by HLC to the Standard Pathway reaffirmation process, pursuant to which the University will host a comprehensive evaluation visit in 2016-2017 and will undergo its next reaffirmation visit and process in
2022-2023.
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Apollo Education Group, Inc. |
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July 9, 2015 |
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By: |
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/s/ Joseph L. DAmico |
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Name: |
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Joseph L. DAmico |
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Title: |
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Interim Chief Financial Officer |
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