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June 17, 2014
16:25 EDTLOPEGrand Canyon Education took all corrective actions required by DOE
In its Current Report on Form 8-K filed April 16, Grand Canyon Education disclosed that the University had received official notification from the U.S. Department of Education, or DOE, of the DOE’s intent to conduct a program review of the University’s administration of the Title IV programs in which it participates, as well as its administration of the Clery Act and related regulations, and its compliance with the requirements of the Drug-Free Schools and Communities Act, in each case for the 2012-2013 and 2013-2014 award years. On June 13 following completion of the program review, the University received from the DOE an expedited final program review determination letter. The final program review determination letter set forth three findings, each of which involved individual student-specific information gathering and/or reporting errors and all of which the University promptly corrected to the DOE’s satisfaction. Accordingly, the final program review determination letter concluded that the University had taken all corrective actions necessary to resolve the findings and that the program review has been closed with no further action required.
News For LOPE From The Last 14 Days
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February 19, 2015
07:18 EDTLOPEGrand Canyon go-private deal looking less likely, says Piper Jaffray
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February 18, 2015
16:19 EDTLOPEGrand Canyon sees FY15 EPS $2.62, consensus $2.34
Sees FY15 revenue $771.0M, consensus $766.34M.
16:18 EDTLOPEGrand Canyon sees Q4 EPS 77c, no estimates
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16:18 EDTLOPEGrand Canyon sees Q3 EPS 65c, no estimates
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16:17 EDTLOPEGrand Canyon sees Q2 EPS 52c, no estimates
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16:15 EDTLOPEGrand Canyon sees Q1 EPS 68c, consensus 64c
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16:14 EDTLOPEGrand Canyon reports Q4 EPS 70c, consensus 67c
Reports Q4 revenue $190.0M, consensus $185.08M.

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