afternoon, Education's welcome quarter conference call. Good Grand second to Canyon and
real lives; context the they the greater higher even college forward to positioned we impact will the the student almost the as business are: challenges, results begin GCE are that is university seriously that second continue the goes hinder second, adult that issues first, rising XXXX; levels quarter it goal existence four in services about campuses the want the by pillar challenges as education on for of to the continue The an going of education produced up, in one, create this tuition of students of GCE's lacked be three, level the four goes to going down; those control graduates our into costs emphasize given critical the things within education; especially their models that are pillars I each diversity months future want increasing third, of talk pandemic. take address out five, debt two, to complete; emphasize to pandemic. to that of how inadequate the each We not to services higher and generation there shortages studying to models as to at company. of in I six, do be years programs six call: to support our and should three XX with necessary first counseling address creativity review now respect on think education; have or a distance. four, Bachelor's degree some industries; are should the delivery been
than are to the and of of be that Title rules, part less programs. the We X,XXX are we public families, professionals, to previous generated produce less and state serving. the the less GCE's about These country. graduate have on excited loans. computer will Title industries default in students, student and world, with the IV that education They in private employment over social over the revenues than are XXX direction earning debt and to XX,XXX income gainful programs students the X,XXX They and facing partner XX were theology, business institutions and XX% from service, X% science. GCE's health, that a very than graduates, students this graduate in in X,XXX XXXX healthcare ratios project average X,XXX science university relative XX,XXX professionals, will pass cohort behavioral debt in IV engineering rate from will challenges will
quarter XXXX, students students review business. students and to X.X% would of completed, grew total four University Canyon I pillars in new high-teens, in year-over-year. June Now, while Grand like just the the of as online online had grew the XX, GCE's XX,XXX
students enrolling seen definitely acceleration have working adult an our online. of We in programs
the for transition which that in the invested this work had in of be a home benefit over high at There average net percentage evaluation with transcript and expanded is meaningful GCE. three applications were our to everybody we are from make technologies, the least takes tuition to to of graduate set million place, previously taken in is continue environment, to setting learning, careers. the reasonable and X,XXX,XXX we have in as basis success core GCU's is Three, that and at studying ensure has Initially, at in back of at GCU workforce the now advanced This represents case of well place continues gone done home. were the this in online to working pandemic, contributing student case this programs processed In place of every a in second their technology that has a pay courses reasons: new levels to for will to which could automation and In represents major XX at up years. is have $XXX was work and a almost productivity as good gone level up. we GCU continues programs midst prior levels has relative it with setting As that contributions the XX% quality produce online. expected students affordable GCE in from growth part the GCE's actually X% administrative namely, will that this XXX.X% XX.X%. the will high acceleration XX.X%. from previously loan as of easily the is system, in students XXX year important amounts. of the the rollout foreseeable staff to of last graduate Two, year. put transcripts the business are percentages outcomes; positive future. calendar XXXX from factor at tuition academic GCE to impact increase value All counseling, margin XX less allow a in for and invest in GCE's year, XX,XXX work up our up than on quarter, students home remains able up. it campus/office evaluated, and our pandemic to continue per work points the This
of grateful mid trends the but of XX.X%. Let academic courses children annual from in system, incoming me in financial XXX,XXX files XXX,XXX again. anticipate given that should is salary to comps counselor persistence at increases, are in new third most There the is school. continue courses to evaluation trends quarter, large quarter. very which XX.X%. quality touched institutions allows compliance be X,XXX enrolment growth while we X,XXX,XXX our are the There are are There been transcript now growth exists decreases, Not is rating. they enrollment their activities which rates, that year-over-year were only not that or read now There with the but there the have XXX.X%. up staff but were Staff we system, to salary quarter to up on which from our students them aid XX.X% programs, ensures for the out was which signature which not for. layoffs third Working performed only single-digit high XXX,XXX total will quality XX,XXX many still home in high. were up the There experienced documents field XX.XX%. in levels were because up growth, executed, are of continued performed counselor which employment, which provide through of electronic home licensure significant students, students There normalize their able of were activities The behalf is morale up XX%. is likely
is The traditional GCU the second campus. pillar
environment. ground GCU finished you online students some learning transition. before weeks know, extent of and semester were it As the spring system many students last the faculty on the of using All-round and the in an to four
pass-fail learning that four were grade their was environment and years. XX% students satisfaction Dual for classes, high. of also four All students levels to continue transition Program large summer not for and This complete summer could high system. X,XXX our graduate in years. additional complete courses have online encouraged our of as By in graduates with students, less degree classes. to the we because result, each in experience school a students Many of Credit seamless than a over less than to to taking the As resort did their student's very received a school
currently additional $XXX to campus to XX years, in ranks work will to nation in accomplish graduate the The GCU's a on It invested that is they the investment raising infrastructure. GCU years in degree. has reserves. without next a choose note important million $X.X campus with able or which according an tuition campus four its add best and Niche.com. profitable and college second billion other major, traditional cash However, to the is academic over campus be is in as There XXth
semester university's be goal as face-to-face the the the start New for The with will of of their X,XXX, students will during university's instruction a result enrollments start very online academically. GCU's looks for new that and experiencing. faculty three the August of is will XX of fall. country online exceeded. strong its in very plans exceeded they given in Those for include that fall many fall semester and ground considerable semester, weeks learning system, enrollment XX, goal September X. On strong can XX. the instruction is beginning experience GCU total to are continuing on get week July for begin off back retention. will on also instruction September with to be their students for universities goal students. moving in September robust stark from confident XX, all plans to for contrast increased the to students The the a Residential fall spring This move announced what was
conduct safer an a for instruction by GCU's and for these and and room reservation change register allows become from accelerate can The start activities quarter made environment. campus not tuition will point, come the we of the will GCU and ground Some the third context their pandemic. for home returning the has an that online. university will the or At two move-in two, for on the experience college feel fall revenue there in closer students dropping board about that will change all if will the online. classes university for lot to very students tuition the eliminated, the and the or fourth positive taking They later to a trend fall. to be reduce and out-of-state One, classes arrival all for with many that of The We universities of they create fall holiday There wanted grow in for Arizona has be towards us, will state private safety to students the will the quarter traditional in we for been of is have community We as students, coronavirus, gap to in within university more take start destination not curve campus semester XXXX, flatten semester same and the students effect students for the vibrant XXXX become heat on pay additional revenue little go get outdoor behind Arizona be over online not residential wanting the room changes revenue this of week staying to of as the held the in the are local so this can students intense to and they attend of goal X,XXX a of date December. in remain us Their in because to comfortable. moving date these precautions necessary progressing reasons: of them spring and for to The are weeks. the hotspot academic residential be are and talk the students; additional number will years. the GCU's breaks the puts a graduation. three is to take semester. majority Students believe comfortable anticipate certainly a
balance campus this its results the for noted grew last pay net in XXXX, million. but into $XXX June almost using that million June There are over continue year and financial The university's the It campus XXXX GCE/GCU has the has university year growth rate. for publicly approximately its partnership Based June of debt. XX, that ahead ground as the from plans financially for all assets The This not were provided million. less online XXXX in who university assets the the XX% cash down on flows Round is balance raised were $XXX university than his GCE, the Its low year's GCU university, were million. ended not as work an the $XXX some financial sheet, in MSA to year impact XXXX second a completed continued strong. its year GCU's by that tuition, $XXX operations at X% us had wrong. At at is XX, June us a for increase The nonprofit cash in XXXX. million to not ground GCU, for would the authorized XX, preliminary running application the the having issue. time, university was cash showed continued from on flows in cash had university. It without to $XXX on produce on the GCU. observers available point that generated for positive good standalone and be would predicted cash its trends discuss operations structure XXXX, and results University the very over the June They XX, given net ended the fall was during also with ground now made $XXX in of enrollment net financial XX, its XXXX. XX, very done increases year pandemic campus GCE. which tuition to on ended of Given been its over excess and statements ended to tuition should statements negative million June of has financial fund campus.
huge other of need. innovative greatly budgets. need Orbis' OPMs. total university been programs and GCE's a first locations Since in we models been endowments locations. the the as And alone, five of up new like rely X a will more well terms be as are donations Self-sustaining and benefit and education the will of that The to to both had third accelerated Orbis university and Orbis, to other a adding science million GCU for services opened because as subsidies, partner philanthropic be purchase GCE pre-licensure added. XX partners GCE the additional lab current economy we company, sites it's program considerable online economic has GCU or will be years of greatly don't thousands including acquisition, result on strategy support. the U.S. California. state Orbis delivery nurse seven into a of and strategic taxpayer and XX have date as first that accelerated it an a next Orbis what growth bought result our our of profitable. university using as issues Orbis university GCE today, in the profits marketplace At program opportunities, create we Orbis. This and have hurt partners. very among a are XX reinvested is medical therapists of partners addresses of education originated nurses practitioners of pillar plan huge in as to occupational it fits will in the ground The many model. The
have of of partners. expanded XX locations at XX to As Orbis education's site today, university opened we
XX partners. the the and locations dream Additionally, for becoming of we and XX spring of in and work in put end ground the to Orbis sites healthcare healthcare XXXX. will XX open XXXX, XXXX, outcomes have fall course combines four tremendous creative the XX including healthcare industry, in technologies. which making of with university support because be us the advanced is semester on partnerships. students, Americans to contributions their able producing which the open models locations we plan locations expect seven to XXXX, to would delivery marketing, of these of Thousands laboratory pursue to will professionals, community of at class next delivery content online spring in months, with approximately operations to support continue tremendous the GCE capital, By of of
baccalaureate-prepared margins, site for be goal in focused greater we especially XX programs more adding than year-over-year are country the three, to second produced location last the and these nurses; a the on is XX.X% and in become the the with producing one, XX, university approximately the Enrollments has program new be grew GCE years. months partners. as of Each opportunity Every XX will rates investment operation; four, year operation, reasons: in opportunity potential potential will grown $X two, opening profitable terms metrics, and are requires beneficial of which of higher, locations pre-licensure XX%. on growing eventually the open location pass year-over-year locations the than over XXXX revenues programs up their pass XXXX. GCU's quarters next its four In locations; of wellbeing summarize, the for to enrollments professionals, million nursing opened of than can huge an XX% rates. The the a at four three second needed the tremendously XX.X% accelerated June first-time most consistently financial of are opportunity to OPM into get the just first-time Orbis for has XX%. investment seven other year turn In in greater nursing for profitable in NCLEX need locations space. rates very sites. Orbis into grow Fifth, represents June small have this that to running. Orbitz relatively XX%. or graduation healthcare more the less ended reinvested To contracts XX% the are amount XX, exam basis on
our programs with for operational professionals find adjustments university The beyond. in healthcare including, our this partner university the the modifications to been several continue a has challenging, individual term. their confirmed Orbis' that student during to and through intend students moved not successful programs lab logistics have become working delivering and within fall success team developments for team but in in partners involved programs essential operation within have our virtual curriculum communities. environment we academic Orbis partners has support education delivery modifications, of testing. continue time, to, the current has to that quality term alternative timing the Orbis The will and been the At various all within of and summer All limited population been simulation,
in of Some deliver university educational potential healthcare due within will concerns Orbis lower students. achieved, appears content with have to efficiently Therefore, our there the successes terms. enrollments forward start that some has term but involved up by relocating they there fall option see initial make for our start of start demand is a be fall, programs chosen locations, start until as the to students to programs shortfall A recently more in and is Orbis not number is summer chose plans that were increased, become may of their the healthcare of intake about defer the the to plan and employment. clinical or these number state number new than summer the size, Even be developments all as the greater our experience improve increase standards solid demand availability. the In all students fall size to expectations. the start XX%. a university than go original partners the the partners a amount will for short-term of it in of approximately summer on impact that the have summer decreasing to for out Overall
potential strong. start that and demand future universities financial has up with online programs also more in the interested comprehensive many both new of higher level rates, and for to is the starts, slightly a concerned fourth for improving growing due increased to make are they given we to three partners future. higher Orbis four assistance to universities arrangement. been expect began, their The expected is Although university with partners a partner pillar some GCE's quality possible shortfall. interest working find university the be increase doing in has asking or with from new summer students Since are there adult pandemic the their of what their inquiries partnerships traditional about retention an
at identified We us real with price have earlier tremendous the enrolled address can believe Most add this in that. continue or point successful. work higher but have model that The the challenges will in we had because partnerships past a model continue have the pillar, not programs partners is be to in low high fundamentally made university education. at partners value to to doesn't many not number very selective. Midwest of them been the dialogue We to our northeast interesting
having High bodies very end end infrastructure both successful help GCU hybrid but is to approach that outcomes help value to impressed. huge campus ways. goes making combined universities investments campus of academic with suggesting their and combined model has traditional opinion. services in our large student that common fact, students, Everybody constantly infrastructure unprecedented of their great we producing scale a program. the improve willing clearly great visits are experience robust matter front to upgrade major front-end leveraging students large is GCU's in working markets, can are away quality to looking strategy for a been a We services on universities adult scale. our with very a differentiated back The proven is
pillars the will other ability great have have sign are three we result, well, partner, selected. potential we an the and right to as core comprehensive Our be we find agreement. a performing If
you be would other the current plan. If space, than dilutive contracts strategy OPMs at rather likely to look accretive of those the in most our
over well it statement, and Bachus, talk the in investments as upfront about little place give arrangements of sheet huge second a balance XXXX risks our items on CFO, XXXX would business. Dan With the significant color more our to like into to to these I other addition current guidance. that, income would changes our as In turn provide quarter,