桃汁影院

Annual report pursuant to Section 13 and 15(d)

Nature of Operations

v3.22.2
Nature of Operations
12 Months Ended
Apr. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations Nature of Operations
Overview

桃汁影院, Inc. ("AGI") is an education technology holding company. AGI has two subsidiaries, Aspen University Inc. ("Aspen University" or "AU") organized in 1987, and United States University Inc. ("United States University" or "USU").
All references to the 鈥淐ompany鈥, 鈥淎GI鈥, 鈥溙抑霸衡, 鈥渨e鈥, 鈥渙ur鈥 and 鈥渦s鈥 refer to 桃汁影院, Inc., unless the context otherwise indicates.
AGI leverages its education technology infrastructure and expertise to allow its two universities, Aspen University and United States University, to deliver on the vision of making college affordable again. Because we believe higher education should be a catalyst to our students鈥 long-term economic success, we exert financial prudence by offering affordable tuition that is one of the greatest values in higher education. AGI鈥檚 primary focus relative to future growth is to target the high growth nursing profession.
Since 1993, Aspen University has been nationally accredited by the Distance Education Accrediting Council (鈥淒EAC鈥), an institutional accrediting agency recognized by the United States Department of Education (the 鈥淒OE鈥), through January 2024.
Since 2009, USU has been institutionally accredited by WASC Senior College and University Commission (鈥淲SCUC鈥).
Both universities are qualified to participate under the Higher Education Act of 1965, as amended ("HEA") and the Federal student financial assistance programs (Title IV, HEA programs). USU has a provisional certification resulting from the ownership change of control in connection with the acquisition by AGI on December 1, 2017.