American Public Education, Inc. (NASDAQ:APEI) Q3 2019 Earnings Conference Call - Final Transcript
Nov 12, 2019 • 05:00 pm ET
Richard W. Sunderland
at both the undergraduate and graduate levels, and extended the book grant program to now include active-duty military learners at the master's level.
APUS estimates that the tuition grant will apply to approximately 60% of its total net course registrations made on or after January 1, 2020. We believe the new tuition grants and the extension of the book grant will increase the number of active duty military learners at APUS that may pursue an undergraduate graduate degree with no out of pocket cost. We believe this will further strengthen our leadership position within military and military-affiliated communities.
Now we would like to take questions from the audience. Operator, please open the line for questions.