Apollo Group Inc - Current report filing (8-K)
June 12 2008 - 4:13PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of Earliest Event Reported):
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June 12, 2008
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Apollo Group, Inc.
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(Exact name of registrant as specified in its charter)
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Arizona
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0-25232
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86-0419443
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(State or other jurisdiction
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(Commission
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(I.R.S. Employer
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of incorporation)
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File Number)
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Identification No.)
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4025 S. Riverpoint Parkway, Phoenix, Arizona
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85040
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(Address of principal executive offices)
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(Zip Code)
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Registrants telephone number, including area code:
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(480) 966-5394
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Not Applicable
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Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
Apollo Group, Inc. announced tuition increases for its University of Phoenix students which will go into effect for courses beginning on or after July 1, 2008. The increases are designed to enable the University of Phoenix to maintain its high degree of academic excellence.
The tuition increases will include an increase of approximately 10% for its associate programs and other selective tuition increases averaging 4% to 5%, depending on geographic area and program, for bachelor and masters degree programs. There is currently no planned tuition increase for doctoral programs. The impact of these price changes on future revenue and operating income will depend on several factors including, but not limited to, changes in enrollment, changes in student mix within programs and degree levels, and discounts. Apollo Group will discuss these price changes in its previously announced third quarter earnings conference call on July 1, 2008.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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Apollo Group, Inc.
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June 12, 2008
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By:
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/s/ Brian L. Swartz
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Name: Brian L. Swartz
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Title: Senior Vice President of Finance and Chief Accounting Officer
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