“I think the road to becoming a nonprofit allows more funds to be directed toward students and academic mission,” Woods said. The agreement also guarantees at least $10 million of revenue a year flowing from the University of Phoenix to the Idaho Board of Regents, which can then spend that money on programs benefiting Idaho students, he said.
If institutional and external regulators agree to the merger, Woods said that would mean that money generated from enrollment from the University of Phoenix’s students could then be spent more on their own programs rather than going to a for-profit ownership group. In information posted by UI online, University of Idaho’s Board of Regents will become the “sole member of the new not-for-profit corporation that will operate University of Phoenix” after the deal is potentially completed by 2024. UI spokeswoman Jodi Walker responded Wednesday afternoon that school officials were traveling to attend a graduation in Idaho Falls and would not be available until after the Thursday meeting.Īccording to Woods, the biggest benefit from the deal appears to come from new revenue streams. The Idaho State Board of Education is holding a special board meeting Thursday morning to discuss the acquisition. Scott Green did not respond Wednesday to a request for comment. Idaho officials announced the deal in a tweet that said the two universities “intend, with proper approvals, to affiliate with the goal of increasing access to all learners, improving capacity for supporting all learners and helping all learners achieve their higher education goals.”
“There are things we do particularly well that we can teach Idaho,” Woods said. Revenue generated by serving adult learners could benefit UI, Woods said. In turn, Idaho will potentially tap into a new revenue stream as enrollments of high school graduates are expected to continue to decline, he said. “At least the initial idea is that we continue to do what we do quite well,” Woods said, “and Idaho can benefit from a 50-year-old institution that focuses on serving working adults.” The deal is not expected to allow students to attain degrees from both institutions, said John Woods, the provost and chief academic officer at the University of Phoenix. Specialty areas include online college degree, bachelor degree online, accredited online bachelor degree, online degree, online degree program, online accredited degree, online university degree, earn a degree online, online master degree and business degree online.The University of Idaho announced Wednesday that it intends to purchase the University of Phoenix as part of a $550 million deal that would keep both institutions separate and not roll that school’s mostly online 85,000 students into the system based in Moscow.Īs part of the transaction, the Arizona-based University of Phoenix would convert from a for-profit institution to a not-for-profit school that will retain its administration, faculty and name. Some campuses offer a combined campus-based and online formatĪlternative spellings: university of phenix, phonix university, university pheonix, university of pheonix online, pheonix university, university of pheonix, UofP Online, U of P Online and Phoenix University. You choose the days and times.īuild teamwork skills by collaborating with a learning team. Login at least four days per week for University of Phoenix classes or three days per week for Axia College of University of Phoenix classes. Receive lectures, questions and assignments from your instructor electronically. Providing the flexibility of a 100% online education.Ĭomplete coursework through electronic forums. Some campuses offer day classes.Ĭomplete homework assignments on your own and with your learning team. Classes are held in the evening and on weekends. Providing the convenience of attending classes near your home or workplace.Īttend class just once a week. University of Phoenix City Locations (Updated 02-22-2007) The closest University of Phoenix to you is:
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