CLINTON — Ashford University’s official on-campus enrollment for the fall 2012 semester is 968 full-time students, making it the largest on-campus student body in the Clinton college’s history and the third year of record enrollment in a row.
The campus population is still a fraction of Ashford’s online enrollment of 83,774 students, reported as of Dec. 31.
Ashford University vice president and campus director John Ballheim attributed the increase to the growing reputation of the university’s programs, student experiences and its academic scholarship program for campus students.
“More than 74 percent of Ashford’s on-campus students are receiving these academic scholarships,” he said in making the announcement. The scholarships are funded by Ashford and its parent company.
The President’s Scholarship covers full tuition and is awarded to students with a grade-point average of 3.5 or higher. The Provost’s Scholarship, an annual award of $12,500, is available to students with a grade-point average between 3.25 and 3.49. The Dean’s Scholarship provides $10,000 annually for students with a grade-point average between 3.0 and 3.24.
The fall student class is the third one under the academic scholarship program, which he said continues to attract academically talented students and student athletes to Ashford. Recent modernization projects on campus brought high-technology applications to almost all of its classrooms and labs.
The international student population also has grown from 57 students from 24 countries in 2011 to 76 students from 31 countries in 2012.
The campus in Clinton had 332 students when Bridgepoint Education Inc. bought Ashford for $9 million in 2005.
Bridgepoint also reported this week that former Iowa State University president Gregory Geoffroy has joined the company’s board of trustees and will serve as its chairman beginning in March.
In its third-quarter earnings report, the for-profit education company reported revenue increased to $252.1 million from $242.8 million for the same period in 2011, while operating income decreased to $49.7 million from $69.8 million for the same period in 2011.
Net income was $31.4 million compared with net income of $43.8 million for the same period in 2011. Earnings were reported at 56 cents per share compared with 78 cents for the same period in 2011.