In this time of transition, we at Zenith Education Group are focused on providing support for our WyoTech and Everest students oriented toward their long-term success. We have already made important improvements in key areas like accountability and affordability and there will be more to come.
We know that many students may have questions about what will change at their campuses and in their programs. Zenith plans to keep the best of what works, while changing what does not work. Our plan revolves around making improvements in four key areas.
- Affordability: Zenith has reduced tuition by 20 percent for new students in all Zenith-owned Everest programs, effective immediately. Previously enrolled students will also benefit from this reduction in the form of a newly created Zenith Graduation Financial Assistance. Additionally, we will award millions of dollars each year to Everest and WyoTech students to fill gaps in funding through the institutional Zenith Student Grant and the Zenith American Dream Scholarship. We will also offer scholarships for military personnel and their spouses, as well as veterans and their dependents, to increase affordability for those who honorably serve our country.
- Zenith Graduation Financial Assistance: A non-need-based institutional financial assistance of up to $10,000 per academic period, available to students who enrolled prior to February 2, 2015 in Zenith-owned Everest schools. Upon a student’s graduation, the financial assistance provides a 20 percent tuition reduction, prorated for the student’s remaining time in the program in which he/she was actively enrolled as of February 2, 2015 through his/her expected graduation date at the time he/she applies for the financial assistance. For students who applied on or before May 2, 2015, the tuition reduction effective date is February 2, 2015. For students who apply after May 2, 2015, the tuition reduction effective date is the date the application is submitted. To apply for the financial assistance, click here.
- Zenith Student Grant: An institutional grant of up to $10,000 per academic period is available to all students who demonstrate financial need and enroll on or after February 2, 2015 in Zenith-owned Everest and WyoTech schools. The grant may be used to cover any confirmed unmet financial need in excess of the student’s EFC once Title IV and all other available funding sources have been exhausted up to the direct cost of attendance for the program in which the student is enrolled.
- Zenith American Dream Scholarship: The Zenith American Dream Scholarship is a multimillion-dollar institutional scholarship program for new students who enroll in an Everest or WyoTech institution for the first time on or after August 24, 2015. Students who receive a written reference from a leader in the local community are eligible to apply for the Zenith American Dream Scholarship of up to $5,000 per academic year. For more information, click here.
- Military scholarships: Scholarships of up to 50 percent of tuition per term or academic period for military personnel serving in the Armed Forces, and up to 10 percent of tuition per term or academic period for their spouses, as well as veterans and their dependents using VA Education Benefits. The scholarship is applied as a credit to students’ accounts. Scholarship funds are set at the beginning of each fiscal year and are awarded on a continuing basis until funds for the fiscal year are depleted.
- Accountability and Transparency: Zenith will be accountable to two key measures of student success: strong program completion rates and job placement rates. Zenith has begun transforming the culture of the campus system by bringing on a new senior executive team and establishing a new strategic focus on educational programming and the overall student value proposition. We have also expanded oversight by consolidating and centralizing all compliance, quality control and internal audit functions under the purview of ECMC Group, Zenith’s parent company. We have employed a monitor to oversee our regulatory obligations related to the acquired schools, and we will provide students easy access to more information about their educational programs, relevant placement rates, and other measures of their likely success.
- Improved Job Placement: Working with campus leadership, Zenith is coordinating with local, regional and national employers to ensure that skills being taught in the classroom reflect actual workforce needs and will lead to desirable jobs in students’ fields of study. We have also implemented a program that will phase out programs that do not meet acceptable job placement rates and have begun an assessment of other programs in need of improvement to increase job placement outcomes. For these programs under assessment, we are capping new enrollment to enable us to improve these programs and right size them to better reflect workforce needs.
- Individualized Support: Zenith has improved academic counseling, tutoring and remedial education services to ensure that our students have the tools and resources necessary for successful program completion; financial literacy counseling to assist students in managing their student loans and to help minimize their student loan debt; and career counseling services to help ensure employment after graduation in their fields of study.