regulatory
confidence high
sentiment negative
materiality 0.75
Aspen University subsidiary revised agreement: bond reduced to $5.5M, $12K penalty, Core program taught out
ASPEN GROUP, INC.
- Surety bond requirement reduced from $18.3M to $5.5M under revised stipulated agreement with Arizona board.
- Civil penalty of $12,000 imposed; must teach out Core component of pre-licensure program.
- Other requirements from April 2022 stipulated agreement carried forward to revised agreement.