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Apollo Group, Inc. Contributes $1 Million to New York City's Twin Towers Fund.


Business Editors

PHOENIX--(BUSINESS WIRE)--Sept. 18, 2001

Apollo Group Apollo Group, Inc. NASDAQ: APOL is an S&P 500 corporation based in Phoenix, Arizona. Apollo Group, Inc., through its subsidiaries, provides higher education to working adults. , Inc. (Nasdaq:APOL APOL Asia Pacific Online
APOL Alternate Person on Line
)(Nasdaq:UOPX UOPX University of Phoenix ) today announced that it has contributed $1 million to New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 City's Twin Towers Fund, which is being coordinated by New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 Public/Private Initiatives Inc., a City Hall-based organization to bring aid to the families of New York City police, fire and emergency-services workers impacted during rescue efforts at the World Trade Center.

"The employees of Apollo offer their condolences and concern to the victims, their families and the rescue teams affected by this unthinkable tragedy," commented Dr. John Sperling, Apollo's Chairman.

We believe that the New York City capital market, symbolized by the World Trade Center, is at the heart of the U.S. economy. Apollo Group, Inc. (APOL) and the University of Phoenix Online campus (UOPX), which trade on NASDAQ, have benefited greatly by being able to access New York City's capital market. The people that make that market the most efficient capital market in the world have suffered a terrible blow and need the help and support of all the companies that trade on the three New York City exchanges.

In response to the needs of the people of New York, and in recognition of the benefit it has received from them, Apollo Group is contributing $1 million to New York City's Twin Towers Fund.

Apollo Group, Inc. has been providing higher education programs to working adults for over 25 years. Apollo Group, Inc., operates through its subsidiaries The University of Phoenix, Inc., Institute for Professional Development, The College for Financial Planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 Institutes Corporation, Western International University, Inc. and Apollo Learning Group, Inc. The consolidated enrollment in its educational programs makes it the largest private institution of higher education in the United States Higher education in the United States refers to colleges and universities within the United States. Overview
The American university system, like the American educational system in general, is highly decentralized because the U.S.
. It offers educational programs and services at 58 campuses and 102 learning centers in 36 states, Puerto Rico and Vancouver, British Columbia. Combined degree enrollment was 116,800 students as of May 31, 2001.

For more information about Apollo Group, Inc. and its subsidiaries, call 800/990-APOL or visit Apollo on the World Wide Web at http://www.apollogrp.edu.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 18, 2001
Words:353
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