ADVFN - Advanced Financial Network.
HOME» NASDAQ » A » APOL Stock Price » APOL Stock News

Apollo Share News

 Apollo Grp. (mm) Stock Price
APOL Stock Price
 Apollo Grp. (mm) Stock Chart
APOL Stock Chart
 Apollo Grp. (mm) Stock News
APOL Stock News
 Apollo Grp. (mm) Company Information
APOL Company Information
 Apollo Grp. (mm) Stock Trades
APOL Stock Trades

Some Relief For Apollo Group, But Accreditor Still Has Questions

NEW YORK -(Dow Jones)- Apollo Group Inc.'s (APOL) University of Phoenix has received notice from its accrediting body that the group had found no apparent evidence the school misrepresented itself to students or that admissions, recruiting and financial-aid procedures were inadequate or inappropriate. Still, the Higher Learning Commission said there remain "significant questions" and areas the school should try to improve. The questions relate to student-loan default prevention efforts, career services for students pursuing associate's degrees and in other programs, financial-aid advising and student retention. According to a securities filing, Apollo learned of the group's findings on Monday. It is scheduled for a comprehensive visit from the accreditor in March 2012, at which point the group will review those concerns. Schools must be accredited by one of a handful of government-approved bodies, such as the Higher Learning Commission, in order for their students to be eligible for federal financial aid. Apollo derives nearly 90% of its revenue from such aid. Apollo first disclosed in August that the accreditor had sent a letter asking for information on the school's compliance with accreditation standards. The request was sent in the wake of a U.S. Government Accountability Office investigation that found representatives from a number of for-profit colleges, including University of Phoenix, using aggressive tactics to enroll new students. In late March, Apollo received a letter from the Higher Learning Commission saying material the school provided had raised "a number of questions" about how the school hires and trains admissions and financial-aid officers, as well as what information it shares with students regarding enrollment, academics and job placement. -By Melissa Korn, Dow Jones Newswires; 212-416-2271; melissa.korn@dowjones.com

Stock News for Apollo (APOL)
DateTimeHeadline
08/20/201507:20:00University of Phoenix and U.S. Black Chambers to Pilot Step Up...
08/19/201507:00:00University of Phoenix College of Security & Criminal Justice...
08/18/201507:18:00University of Phoenix Wins SHRM Student Case Competition
08/14/201517:01:43Statement of Changes in Beneficial Ownership (4)
08/14/201517:01:18Statement of Changes in Beneficial Ownership (4)
08/14/201517:01:18Statement of Changes in Beneficial Ownership (4)
08/14/201517:00:52Statement of Changes in Beneficial Ownership (4)
08/14/201517:00:52Statement of Changes in Beneficial Ownership (4)
08/14/201517:00:24Statement of Changes in Beneficial Ownership (4)
08/14/201516:57:13Statement of Changes in Beneficial Ownership (4)
08/14/201516:56:46Statement of Changes in Beneficial Ownership (4)
08/14/201516:56:46Statement of Changes in Beneficial Ownership (4)
08/14/201516:56:21Statement of Changes in Beneficial Ownership (4)
08/14/201516:56:21Statement of Changes in Beneficial Ownership (4)
08/14/201516:55:53Statement of Changes in Beneficial Ownership (4)
08/14/201516:55:53Statement of Changes in Beneficial Ownership (4)
08/14/201516:55:27Statement of Changes in Beneficial Ownership (4)
08/14/201516:55:01Statement of Changes in Beneficial Ownership (4)
08/14/201516:55:01Statement of Changes in Beneficial Ownership (4)
08/14/201516:46:23Statement of Changes in Beneficial Ownership (4)

Apollo and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad