will momentum you, everyone. and Thank and both Chris. COVID-XX Hondros APUS quarter share results line call largely APUS reviewing in the by which will in Good and quarter across are evening, our both today's XXXX. I first pandemic. by begin our I regarding the positive Hondros, second expectations unaffected highlights with at of
the business had will results. response the impact We on to in has our COVID-XX discuss activation our QX and minimal plan of XXXX continuity COVID-XX
the being months we the perhaps to for increased way of nursing I pre-licensure coronavirus we by education that one not discuss outbreak, will could and interact just since ago. the all permanently foreseen learn demand Finally, both shaped, education, another is and have APEI work, with opportunities how a effects few is responding online
of primary X.X% net APUS registrations Tuition students year-over-year. in registrations by year XXXX, quarter We're year-over-year Assistance, net net APUS new increased Net course utilizing X% Furthermore, and first compared quarter prior increased total essentially new the or In new were by year-over-year, students most Page course moving registrations increased first registrations and X, priorities. course to students period. results to at flat the at categories. by funding course TA,
of students the which experienced In course except a continues the approvals. each TA course impose by Navy, for fact, military, registrations branch net to from in we limitations increase year-over-year new on
registrations X.X%, increased by other net using X.X% to period. prior Veterans course utilizing or increased and registrations Benefits, the sources compared cash year course Net students students by new new VA, and
year-over-year. X.X% or Aid, registrations Student Federal using students had New declined course FSA, net
our increase the Grant, registrations X, by our tuition building the of which duty which believe was effective students goal further the veteran or AMU extended to with at AMU. toward is communities the January military, no and and active in XXXX, Freedom in We the strengths number in driven launch military textbook among of learners level. and military part working grants We on to military-affiliated Master's out-of-pocket minimal cost increasing plan of military-affiliated continue our the and at military
System, of at than project XXXX. to far, by early stated modernization registrations courses, our LMS sections unique track out new successfully goal technology X,XXX of Learning over The courses on to nearly transitioned completing unscheduled new have with no our more Thus representing downtime. XXX remains X,XXX we Management with or a migration XX and APUS LMS, the
other has Due further further expand improve the believe new systems, experience. functionality campus been gradually positive, cloud-based, plan our using the overwhelmingly our the adopted to This also regarding agile rollout to will plan the summer, we Salesforce, integration methodology. to system, with each online we our newly end-to-end which month we CRM next-generation student of accelerate feedback and
us Improved marketing rates awareness and student capabilities, to communities. greater at grow student a our and new combined investment with including have persistence technology to confidence increase nonmilitary new and among drive population, the given our our military-affiliated our APUS, messaging in marketing
today's as we Data in We BS in seeking launch well to professionals July. new to economy. Associate's are for in have advancement as and in MEd enrollment education Computer plans XX to attractive BS believe also new that starting a continued digital administration degrees in develop higher Science new APUS an Science, a programs working
we Hondros. Now I'm of on pleased to to the at turnaround very move enrollment Nursing. College report Hondros
its to the in credit, we and hard-working faculty result, associates. a part, of efforts As large
year-over-year, most ending improvements spring driven X new year-over-year a agency, in exceeded Hondros increased accreditation program retention. the campus and report every interim at met XX% In accrediting that increased requirement to enrollment. Hondros' its reported a ABHES, new record student rate. every recent student for or new student retention for XX% XX% XXXX, enrollments student Total enrollment enrollment XX, For term by months June the
quarter target changes These includes profitability weeks. substantial, in in the This of the costs remains considering the at optimistic Hondros X the for Hondros management occurring classes profitability are start-up opened which campus, new team incredible numbers Indianapolis about XXXX. reaching last the April by fourth for XXXX.
the Ohio, even orders front leadership online move has learning this more new crisis our in response nearly was stay-at-home the In short beginning in significantly needs nurses APUS, to its curriculum on transition. the accomplished that trained the saving a lines, modality, As online, of on in courses Hondros' X weeks. QX, COVID-XX online country demonstrated, a accelerating online of migrated leveraging faculty lives. Hondros expertise the and all team, moved
online generally are Most closed. of campuses Hondros' learning course content has to and shifted
essential to in have students campuses in-person labs curriculum regularly and to at follow as health held and Hondros an service portions are under required because using to other screening hands-on advising Additionally, pandemic, prior that person. entering guidelines undergo be are and the this protocols. qualifies of the of Open access certain hygiene staff All campus. sanitized to required rigorous CDC and the are portions students to
path conditions While much Hondros needed is I APUS post learners. our the uncertain, normalcy of and that believe are most sense in lives COVID-XX nation's to of providing a
response. COVID-XX our X, Page
for an programs. learning from plan Our APUS, team business and APEI demand online nursing to continuity home transitioning and addressing rapidly work increased the executed with enterprises uncertain excellence pre-licensure in environment, simultaneously Hondros while our
thoughts students scheduling Our implemented have our remains of first those our the our flexible virus employees, employees. our are primary send nurses, many and the to affected our of several recognize selfless and been frontline institutions. nation's and alumna workers, We concern by dedication we leave and safety our support the doctors, and policies. To has hardship health and of whom responders of
APUS interrupted college to offers disruptions up to $XX whose to funds start recently been due or help other for May in XXXX, courses through XX% XX,XXX up XXXX. million have APUS COVID-XX. undergraduate Momentum students to in This the earmarking closures who students scholarship August gap those discount eligible-visiting bridge announced for scholarship a visiting studies by with
accreditation the regional of Learning Higher institutions. Commission, by students the credit our collaboration their likelihood can in evaluate home with transfer Given
largely high APUS And more remote learning student services this successfully returning well the robust for is addition support students. APUS under demand. to was its new conditions of and our crisis, prepared the IT critical with full capacity department and working with Our of functions platform operating thousands
our as remote opening health consideration. eventual of and leadership primary workers phased-in is our prioritizing offices, our the safety the of Looking administrative ahead, evaluating team
We are actively working line. to establish a time
and risk has $XXX cash million and APEI XX, debt, thanks equivalents in March conservative free at long-term financial liquidity of years cash flow strong substantial management. no XXXX, with to and and
students. employees, increase the We whom rate and it some of remotely priority first a lowest experiencing for have working and many Despite new with since APUS these drop of are whom new for XXXX time, challenges. new personal challenges, students, may communication with our returning be the experienced course made to
are online active or increased has Most crisis COVID-XX and option. travel stay-at-home experiencing online education restrictions orders, attractive education including an that for believe military, learners, making disruptions, programs. higher We demand nursing duty other
While confinement fall, temporary, the to not job for some persist era campus in and the of social distancing is the time. home operations and market traditional likely resume fully may difficult is
of a is in the interruption. by to variety Hondros online heritage in the With and to new continuing programs care XX education, wide help limited its years positioned is help nurses positioned in-person without leader affordably and College lines. uniquely health learners Nursing, coursework, a of of than Similarly, more as APUS online to newly front well with to a crisis advance
demand for courses increased our of The duty and APUS and be nursing military. online second increase active strongest guidance Our reflects quarter veterans among appears the programs. to
the are Freedom that demand on at students enrollment the execution the plan affordability impacted profession, at to that AMU We our level; at course two, net marketing for our belief Our by in increased the recovery Master's is interest elevate by registrations one, and by to APUS in of military increased is COVID-XX. part online increased by: at being by three, message; nursing its programs pandemic. service provide successful quarter service enrollment positively decision shortage, driven as members believe the to the inspired well and Hondros Grant a brought second looking in demand
have stabilizing strategic that impact believe long-term enrollment. on APUS beginning a Hondros are growing at We and the positive initiatives and to
our platform brand to maximize by educational on on before, with skills courses, backgrounds national our core and We maximizing As developing elevating can emphasis learner we all achieve obtain our building to adult flexible stories. veteran on an online on of the priority investment focusing learner's learning investment. nursing this and on it APEI's uplifting mentioned to top and our competencies in educational each modernizing of education, learners the purpose-driven technology where need businesses, have for return with the is they new intend message military need communities, an core grow goal return addressing
once to propositions of and students, namely the opportunity pandemic both created call, our at APUS beginning experiences, of Hondros' referrals awareness stated amplify the and has long-term This our unexpected fulfilling programs opportunity student for mission. while crisis to in our I value services flexibility the represents further sustained of academic enrollment affordability, us support As quality growth and social the an an increased in broaden to subsides. our
pandemic, to the to others. our in As of at employees this start our truly I is to said the service time shine
ever, proceed counting Now without learners interruption. so more can are studies us their than on
employees Our every and truly them that defining their thank may on also and dedication. for I one early risen each have this recognized moment creativity to be a having our organization. the crisis of for occasion,
CFO, to Now over turn Rick call the our I Sunderland. will
