Aspen Group, Inc. · OTC:ASPU
Aspen — LD Micro Conference 2013
16 slides from Aspen's conference presentation, Dec 4, 2013
Slide 1: LD Micro Conference
OTCBB: ASPU LD Micro Conference December 4, 2013
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT 1 Certain statements in this presentation and responses to various questions include forward-looking statements including statements regarding our strategic plans for 2013 and 2013 through 2015 projections. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “inte
Slide 3: The Higher Education Sector Is Broken
THE HIGHER EDUCATION SECTOR IS BROKEN 2 • >$1.2 Trillion Federal Student Loan Debt • The U.S. Census Bureau found that the average student loan amount jumped 82 percent to $27,547 between 1993 and 2011. • Tuition rates have risen over 500% since 1980’s • Among all full-time students attending four-y
Slide 4: Competitors' Exposure to Title IV 90/10 Rule
COMPETITORS’ EXPOSURE TO TITLE IV 90/10 RULE (ASPEN CURRENTLY AT 26%*) 3 Source: BMO Capital Markets, 4/15/13 *Based on recently filed 10/31/13 GAGAS DOE Audit
Slide 5: Aspen University Snapshot
ASPEN UNIVERSITY SNAPSHOT 4 — Nationally Recognized & Accredited Online University — 65 Degree programs — Doctorate, Master, Bachelor, Associate, Certificates — MBA and MSN programs are key to future growth — DOE Title IV Provisional Status — Tuition is ~50% lower than online competitors — 2,171 FT
Slide 6: Aspen's Metrics Among Best in Industry
ASPEN’S METRICS AMONG BEST IN INDUSTRY 5 Year-End 2012 Data — Exceptional adjunct faculty: 61% hold a Doctorate — High course completion rates: 90%* — High Student Satisfaction Rates: 95%* — Strong graduation rates: 58% — Among highest graduate employment rates: 91% — Among lowest tuition rates in t
Slide 7: Aspen University Mission Statement
ASPEN UNIVERSITY MISSION STATEMENT 6 Build the First-Ever ‘Cash-Based’ University -Keep tuition rates low enough to ‘pay-as-you-go’ Mission is for students to achieve an ROI from their educational investment ROI Formula: Additional Compensation Earned Since Graduation
Slide 8: World-Class MBA Program at Affordable Price
WORLD-CLASS MBA PROGRAM AT AFFORDABLE PRICE 7 $12,000* *Effective June 1, 2013
Slide 9: Aspen's Nursing Program: An ROI Story
Aspen MSN Graduates Achieve an ROI on their Academic Investment in Less Than 1 Year! ASPEN’S NURSING PROGRAM: AN ROI STORY 8 Aspen offers RNs the ability to obtain an MSN for less than $20,000: — RNs begin with 7-course RN-to-MSN Bridge Program for $7,200 § Thereby bypassing requirement for BSN degr
Slide 10: Student Enrollment Trends: Aspen's Nursing Program Exploding
STUDENT ENROLLMENT TRENDS: ASPEN’S NURSING PROGRAM EXPLODING 9
Slide 11: FY Q2 Quarterly Operating Metrics - Best in History
FY’Q2 (October 31) Quarterly Operating Metrics - Best in History 10 10/31/2012 7/31/2013 10/31/2013 Class Starts (Quarter)* 1,109 1,006 1,264 Average Tuition Per Start* $ 601 $ 705 $ 755 Enrollments (Quarter) 232 266 295 Cost Per Enrollment (Qtr. Avg.) $ 948 $ 916 $ 850 — Average tuition up 26% y/o/
Slide 12: Declining Student Enrollment Costs
DECLINING STUDENT ENROLLMENT COSTS 11
Slide 13: How Does Aspen Do It?
HOW DOES ASPEN DO IT? 12 Aspen offers world class education at half the cost of its competitors; Committed to cash-based, pay-as-you-go education — Management’s expertise in internet marketing and lead generation — While competitors outsource lead-gen, Aspen does it all in house — Cost per enrollmen
Slide 14: FY 2015 Projections
FY 2015 PROJECTIONS (4/30 Fiscal) 13 *Adjusted EBITDA excludes preferred dividends, interest expense, income taxes, collateral valuation adjustment, bad debt expense, depreciation and amortization, and amortization of stock-based compensation. — Aspen expects to break even on an Adjusted EBITDA* bas
Slide 15: OTCBB: ASPU
OTCBB: As of 11/29/13 Ticker on OTCQB: Share Price: 52 Week Range: Market Cap: Shares Outstanding : Mgmt & BOD Ownership: P/S: P/E: ASPU $0.20 $0.18 - $0.51 $11.8 Million 59.2 Million 20% 4.8 N/A PJAsPeNn
Slide 16: Questions & Answers
QUESTIONS & ANSWERS