Collegis Forms New Company to Invest and Provide Services for Online Program Development.Business Editors/Education Writers HINSDALE, Ill.--(BUSINESS WIRE)--Dec. 3, 2003 Collegis University Solutions to serve traditional and career colleges with capital and comprehensive online services Collegis, the nation's leading independent services provider to higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. , announces the formation of Collegis University Solutions to address the growing market demand for online education. Collegis University Solutions, presently a wholly-owned subsidiary of Collegis, will provide capital and services to post-secondary institutions for the rapid development and delivery of online undergraduate, graduate and certificate programs. "We believe we are just at the beginning of the adoption of more flexible delivery models for today's learners and that online programs will continue to grow exponentially ex·po·nen·tial adj. 1. Of or relating to an exponent. 2. Mathematics a. Containing, involving, or expressed as an exponent. b. ," said J. Michael Locke Michael Richard Locke (born 13 March 1979, Port Talbot, Wales) better known as Pancho is a professional skateboarder and a member of the Dirty Sanchez crew. He is often being picked on by other members of the team for his size. , who will serve as president of Collegis University Solutions. "With significant capital, an existing network of partner institutions and more than 100 professionals focused on the development, marketing and support of online programs, Collegis will partner with a select group of not-for-profit and for-profit institutions to develop their respective market opportunities. For more than six years, Collegis has helped institutions build, market and support online programs and we are pleased now to be in a position to invest in these partners as well." Collegis University Solutions also announces an investment in, and strategic partnership with, Rasmussen College Rasmussen College is a private, for-profit, two-year and four-year degree-granting college with six campuses in Minnesota including Brooklyn Park, Eagan, Eden Prairie, Lake Elmo, Mankato, and St. and Aakers Business College. Rasmussen and Aakers educate and serve approximately 2,000 students in business, allied health and information technology at a combined six campuses throughout Minnesota and North Dakota North Dakota, state in the N central United States. It is bordered by Minnesota, across the Red River of the North (E), South Dakota (S), Montana (W), and the Canadian provinces of Saskatchewan and Manitoba (N). . Rasmussen is accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. by The Higher Learning higher learning n. Education or academic accomplishment at the college or university level. Commission of the North Central Association of Colleges and Schools The North Central Association of Colleges and Schools (NCA) is one of six regional accreditation organizations recognized by the United States Department of Education and Council for Higher Education Accreditation. and Aakers is accredited by the Accrediting Council for Independent Colleges and Schools The Accrediting Council for Independent Colleges and Schools (ACICS) is a non-profit education corporation recognized by the United States Secretary of Education and Council for Higher Education Accreditation as an independent and autonomous national accrediting body that (ACICS ACICS Accrediting Council for Independent Colleges and Schools ). "Our partnership with Collegis University Solutions will allow us to continue to provide our students the highest quality and convenient program offerings," said Kristi Waite, who will continue as president and co-owner of Rasmussen and Aakers. "The students in Minnesota, North Dakota and Wisconsin want more online courses and programs, and with our partnership with Collegis University Solutions, we can now meet that demand." Along with Rasmussen and Aakers, Collegis University Solutions has 17 other client partnerships with private four-year institutions, community colleges and public four-year institutions throughout the country. The new company is projecting revenues of approximately $26 million in 2004. Collegis, based in suburban Orlando, Fla., provides higher education services to more than 100 colleges and universities nationwide. About Collegis Inc. (www.collegis.com) Collegis provides education, business and technology services to higher education institutions, helping them better serve their constituents. Founded in 1986, Collegis helps improve the delivery of education, increase student recruitment and retention, and increase revenues while stabilizing stabilizing, v to hold a limb motionless in order to ground its energy; a standard isometric resistance technique, it releases tension and lengthens muscle fibers. and reducing costs. Collegis offers unparalleled knowledge, expertise and accountability exclusive to the unique needs of higher education. About Rasmussen College and Aakers Business College (www.rasmussen.edu; www.aakers.edu) Rasmussen College and Aakers Business College are institutions of higher learning dedicated to the growth and development of students, employees, and the communities they serve. Founded in 1900 and 1902 respectively, Rasmussen and Aakers are recognized as leaders in innovative curriculum design, instructional delivery, and technology application in education. Rasmussen operates four campuses located in Minnesota (Eagan, St Cloud, Minnetonka and Mankato) while Aakers operates two campuses in North Dakota (Fargo, Bismarck). Together, the institutions serves approximately 2,000 students offering associate degrees, diplomas and certificates in business, allied health, criminal justice, child care, accounting and information technology. |
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