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American InterContinental University
American InterContinental University (AIU) is a private for-profit university with its headquarters in Chandler, Arizona. It employs open admissions. American InterContinental University is a member of the American InterContinental University System. The System is accredited by the Higher Learning Commission. The university awards associate, bachelor's, and master's degrees. The System is owned by the for-profit company Perdoceo Education Corporation, publicly traded on the NASDAQ under PRDO and formerly known as Career Education Corporation (CEC).
American InterContinental University (AIU) was founded in 1970 in Lucerne, Switzerland, by American couple Jack and Helen Barnette of Atlanta, and was first known as the American Fashion College of Switzerland. The school was recognized as an American degree awarding institution in 1971, initially offering associate and bachelor's degrees starting in 1974. In 1976, the Switzerland-based school opened a campus in Atlanta (the American College for the Applied Arts) and, in 1978, the Lucerne campus moved to London and changed its name to the American College in London.
By 1978, the school had approximately 300 students, and began to expand its course offering beyond fashion to areas such as commercial art, interior design, and business. The school opened several other campuses in subsequent years. Steve Bostic bought the school in 1996 and changed its name to American InterContinental University. In 2001, AIU was acquired by its current owner, Career Education Corporation, which is a publicly traded operator of for-profit schools.
Branch campuses were founded as follows:
In 2009, AIU had over 15,000 students and offers a wide range of undergraduate and graduate degrees in programs such as business, IT, criminal justice, healthcare management, education, and media production. More than 80 percent of AIU students attend AIU Online, an internet-based online campus that delivers degree programs 100 percent online. Also in 2009, the school has 54 full-time instructors and 594 part-time instructors.
In March 2019, Career Education Corporation acquired Trident University International, an online for-profit college with approximately 4,000 students, and planned to merge this acquisition into American InterContinental University.
In March 2020, Capitol Forum reported that the U.S. Department of Education allowed AIU to defer $39 million in Title IV money to avoid violating the 90-10 rule.
AIU's parent company, Career Education Corporation (now named Perdoceo Education Corporation) has been investigated by the U.S. Departments of Justice and Education and the Securities and Exchange Commission. Allegations specific to AIU include reports that the Los Angeles campus misrepresented its programs and classes, made a practice of admitting students who had not graduated from high school, and included in its enrollment numbers students who had never attended class. A CEC representative stated in July 2007 that the issues at AIU's Los Angeles campus "have been addressed and most have long been resolved."
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American InterContinental University
American InterContinental University (AIU) is a private for-profit university with its headquarters in Chandler, Arizona. It employs open admissions. American InterContinental University is a member of the American InterContinental University System. The System is accredited by the Higher Learning Commission. The university awards associate, bachelor's, and master's degrees. The System is owned by the for-profit company Perdoceo Education Corporation, publicly traded on the NASDAQ under PRDO and formerly known as Career Education Corporation (CEC).
American InterContinental University (AIU) was founded in 1970 in Lucerne, Switzerland, by American couple Jack and Helen Barnette of Atlanta, and was first known as the American Fashion College of Switzerland. The school was recognized as an American degree awarding institution in 1971, initially offering associate and bachelor's degrees starting in 1974. In 1976, the Switzerland-based school opened a campus in Atlanta (the American College for the Applied Arts) and, in 1978, the Lucerne campus moved to London and changed its name to the American College in London.
By 1978, the school had approximately 300 students, and began to expand its course offering beyond fashion to areas such as commercial art, interior design, and business. The school opened several other campuses in subsequent years. Steve Bostic bought the school in 1996 and changed its name to American InterContinental University. In 2001, AIU was acquired by its current owner, Career Education Corporation, which is a publicly traded operator of for-profit schools.
Branch campuses were founded as follows:
In 2009, AIU had over 15,000 students and offers a wide range of undergraduate and graduate degrees in programs such as business, IT, criminal justice, healthcare management, education, and media production. More than 80 percent of AIU students attend AIU Online, an internet-based online campus that delivers degree programs 100 percent online. Also in 2009, the school has 54 full-time instructors and 594 part-time instructors.
In March 2019, Career Education Corporation acquired Trident University International, an online for-profit college with approximately 4,000 students, and planned to merge this acquisition into American InterContinental University.
In March 2020, Capitol Forum reported that the U.S. Department of Education allowed AIU to defer $39 million in Title IV money to avoid violating the 90-10 rule.
AIU's parent company, Career Education Corporation (now named Perdoceo Education Corporation) has been investigated by the U.S. Departments of Justice and Education and the Securities and Exchange Commission. Allegations specific to AIU include reports that the Los Angeles campus misrepresented its programs and classes, made a practice of admitting students who had not graduated from high school, and included in its enrollment numbers students who had never attended class. A CEC representative stated in July 2007 that the issues at AIU's Los Angeles campus "have been addressed and most have long been resolved."