Zovio Announces Approval by WSCUC for University of Arizona Global Campus to Acquire Ashford University

By AIT News Desk On Nov 16, 2020

Zovio will continue to provide world-class education technology services to the University of Arizona Global Campus to expand access to high-quality online education.

Zovio announced that WASC Senior College and University Commission (WSCUC) approved Ashford University’s application for a change of control and legal status. Under the transformational educational agreement approved today, the independent nonprofit Arizona corporation, The University of Arizona Global Campus (“Global Campus”), will acquire the assets of Ashford University from Zovio.

The transaction, which is expected to be completed in early December, will allow Global Campus to fulfill its vision to expand access for nontraditional and underrepresented students to flexible, affordable, high-quality higher education opportunities that will allow students to achieve their academic and career goals. Zovio will continue providing innovative and data-driven education technology services to the University of Arizona Global Campus under a long-term Strategic Services Agreement.

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“The landmark approval by WSCUC allowing the University of Arizona Global Campus to complete the acquisition ensures that nontraditional students have access to a high-quality education that meets their needs, and completes Zovio’s transformation into a world-class education technology services company,” said Zovio Founder, President, and CEO Andrew Clark. “Since we announced in 2019 our intent to redefine the future of education by providing online, data-driven education services that meet learners’ and universities’ needs, Zovio has been strategically focused on building a network of technology-enabled products and services, supported by Signalz for Student Success, providing higher education institutions with machine learning and AI-powered insights for decision making that promotes student retention and degree completion.”

“This new university creates significant opportunities for the 35,000 existing students and working adults who want to pursue advanced degrees through online education,” said University of Arizona President Dr. Robert C. Robbins. “These nontraditional students don’t usually have the time or finances to attend a university in a campus setting. We are committed to providing a quality education that is accessible to these hard-working students who are pursuing education to better life for themselves and for their families.”