Form 144 Filer Information UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 144

NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933

Form 144

144: Issuer Information

Name of Issuer
LINCOLN EDUCATIONAL SERVICES CORP
SEC File Number
000-51371
Address of Issuer
14 Sylvan Way, Suite A
Parsippany
NEW JERSEY
07054
Phone
973-736-9340
Name of Person for Whose Account the Securities are To Be Sold
Juniper Targeted Opportunities, L.P.
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer
  1. 10% Shareholder

144: Securities Information


RecordTitle of the Class of Securities To Be SoldName and Address of the BrokerNumber of Shares or Other Units To Be SoldAggregate Market ValueNumber of Shares or Other Units OutstandingApproximate Date of SaleName the Securities Exchange
#1Common Shares
CF Secured, LLC
110 East 59th Street
21st Floor
New York
NEW YORK
10022
350,000$2,264,500.0031,512,40106/13/2023
NASDAQ

144: Securities To Be Sold

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

RecordTitle of the ClassDate you AcquiredNature of Acquisition TransactionName of Person from Whom AcquiredIs this a Gift?Date Donor AcquiredAmount of Securities AcquiredDate of PaymentNature of Payment *
#1Common Shares11/14/2019Private Issuance and Sale of Series A Convertible Preferred SharesIssuer3,262,71411/14/2019Cash


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Remark #1: Line 3(d) is based on $6.47 closing price on 6-12-2023. Remark #2: Line 3(e) represents shares outstanding as of 5-5-2023, as reported on the Issuer's Form 10-Q filed 5-8-2023. Remark #3: The "Nature of Acquisition of Transaction" on 11-14-2020, Juniper Targeted Opportunities, L.P. ("Juniper Opportunities") and its affiliate, Juniper Targeted Opportunity Fund, L.P. ("Juniper Fund") purchased from the issuer an aggregate of 11,200 shares of the Issuer's Series A Convertible Preferred Stock ("Convertible Preferred Shares") at a purchase price of $1,000 per share. On 11-30-2022, the Issuer converted each of its Convertible Preferred Share into 423,729 Common Shares ("Mandatory Conversion"). Remark #4: The "Amount of Securities Acquired" represents the number of Common Shares received as a result of the Mandatory Conversion by Juniper Opportunities.
Date of Notice
06/13/2023

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature
For Juniper Targeted Opportunities, L.P. By: Juniper Targeted Opportunity Investors, LLC, its General Partner /s/ John A. Bartholdson, Managing Member

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

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