- Business
- National American University Holdings, Inc. (NAUH) owns and operates National American University, a provider of professional and technical postsecondary education primarily for working adults and other non-traditional students through fully online programs. Founded in 1941 and headquartered in Rapid City, South Dakota, the company offers diploma, associate, baccalaureate, master's, and doctoral degree programs in business-related disciplines such as accounting, management, business administration, and information technology; healthcare-related disciplines including occupational therapy, medical assisting, nursing, surgical technology, and healthcare information and management; legal-related disciplines comprising paralegal, criminal justice, and professional legal studies; and strategic security programs encompassing terrorism and counterterrorism studies and intelligence management. NAU operates primarily via the Internet with distance learning service centers in Rapid City, South Dakota, and previously maintained physical sites in Colorado, Indiana, Kansas, South Dakota, and Texas as of 2019; it also engages in a real estate segment that rents apartment units and develops condominium units in the Fairway Hills Planned Residential Development in Rapid City. In recent years, NAU has emphasized 100% online delivery with monthly starts on an 11-week quarter system, a generous transfer policy allowing up to 75% of undergraduate credits from prior learning, tiered tuition reductions, and targeted affordability for active duty military, veterans, and families; the company voluntarily transferred its listing from NASDAQ to the OTCQB market in late 2018 and completed the acquisition of Henley-Putnam University's assets in March 2018 to expand strategic security offerings while implementing operational consolidations for cost savings of approximately $11.6 million annually.