Strayer University Launches ‘Graduation Fund’ to Address College Affordability and Promote Graduation

  Strayer University Launches ‘Graduation Fund’ to Address College
  Affordability and Promote Graduation

  Revolutionary new program will pay for one college course for every three
                        successfully completed courses

Business Wire

HERNDON, Va. -- May 8, 2013

Strayer University, a leading postsecondary institution that serves working
adults, today announced a groundbreaking new program to address the twin
challenges of affordability and college completion facing higher education
today. The Strayer University Graduation Fund will cover up to 25 percent of
the cost of an undergraduate degree for dedicated students. Starting from day
one, for every three classes a new student successfully completes, Strayer
University will place one Tuition Award in their Graduation Fund to cover the
cost of one future class. In addition, as part of an overall effort to address
affordability, Strayer University is also announcing that tuition will be
frozen for currently enrolled students, and there will be no tuition increase
for 2014.

“College affordability is a significant issue for many students across the
country, and can become a big obstacle on their way to earning a degree,” said
Michael Plater, Ph.D., president of Strayer University. “Our Graduation Fund
helps students overcome this challenge and puts the power of graduation in
their hands. If a student is willing to put in the time and hard work to earn
a degree, we are equally committed to supporting them through their
graduation.”

The Strayer University Graduation Fund will go into effect for the Summer
term, which begins July 1, 2013. A Graduation Fund will be automatically
established for each new student. There is no paperwork to complete, no
competition against other students and no limit to the number of students who
can participate. For every three courses successfully completed a student will
earn one Tuition Award that can be redeemed for the final courses leading to a
bachelor’s degree. There is no expiration date on the tuition credits as long
as students stay enrolled and remain in good academic standing.

“Strayer University has a legacy of innovation and working to help our adult
students—now we’re innovating to help make college more affordable,” said Karl
McDonnell, chief executive officer of Strayer Education, Inc. “Strayer
University’s mission is to expand access to education to working adults, and
this program does that by minimizing the obstacle of cost, encouraging
students to stay on track and rewarding those who are committed to completing
their degrees.”

Strayer University has been helping make education achievable for working
adults for more than 120 years. With approximately 50,000 undergraduate and
graduate students attending classes at one of 100 campus locations or through
online degree programs, Strayer offers innovative, relevant and rigorous
academic programs that are tailored for adult learners and enable them to
advance their careers.

About Strayer University

Strayer University is accredited by the Middle States Commission on Higher
Education and has been in operation since 1892.The University offers
undergraduate and graduate degree programs in business administration,
accounting, economics, information systems, information technology, human
resource management, education, health services administration, public
administration, management and criminal justice to working adult students at
100 campuses in 24 states and Washington, D.C., as well as worldwide via the
Internet.Strayer University also offers an executive MBA online through its
Jack Welch Management Institute. For more information, visit www.strayer.edu
or call 1-888-4-STRAYER (888-478-7293).

Contact:

Strayer University
Cristina Henley
Work: 703-561-1913
Cell: 703-431-3691
cristina.henley@strayer.edu
 
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