Career Education Corporation Supports Active Military, Veterans, with New Eligibility Offerings

Participation in the Post-9/11 GI Bill and Yellow Ribbon Programs to provide tuition, fees, books and supplies, and housing allowances for eligible veterans.

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--(NASDAQ:CECO) The Post-9/11 Veterans Educational Assistance Act of 2008 (Chapter 33), which went into effect August 1, 2009, enables delivery of new tuition, fees, and housing allowance benefits to eligible veterans. Military veterans who choose to pursue an undergraduate or graduate degree at select Career Education Corporation (CEC) ground or online campuses may be eligible to have a significant portion of their tuition and fees paid for based on the amount of time they served and the state in which they reside.

“As a former Marine, I can say with certainty that Colorado Technical University (CTU) leadership and professionalism are on par with the USMC, and it surpasses any other collegiate institution”

All CEC campuses eligible to participate in the Post 9/11 GI Bill have opted into the Yellow Ribbon Program, which demonstrates the organization’s support of military students.

“Career Education Corporation is committed to providing the men and women who have served our country with the education they need to be successful while in or after they leave the military,” said Gary E. McCullough, President and Chief Executive Officer. “I am proud that our schools continue to be recognized by the Department of Veterans Affairs for the exceptional work our faculty and staff continue to do in preparing our campuses to support military students.”

“As a former Marine, I can say with certainty that Colorado Technical University (CTU) leadership and professionalism are on par with the USMC, and it surpasses any other collegiate institution,” said Wilson E. Townsend Jr, Staff Sergeant USMC and Artillery Operations Chief.

Under terms of the bill, veterans who served an aggregate of three years of active duty or 30 continuous days for those who were honorably discharged for a service-connected disability after September 10, 2001 – may be eligible for the maximum basic benefit and qualify for the Yellow Ribbon Program. In addition, ground campus students may be eligible for a monthly housing allowance paid directly to the eligible veteran.

Under the Post-9/11 GI Bill, the U.S. Department of Veterans Affairs (VA) will pay tuition costs per credit hour and fees up to each state’s highest public in-state undergraduate tuition per credit hour and fees per term. Through the Yellow Ribbon Program, the VA and eligible campuses will provide matching contributions for tuition and fees should a degree program exceed the Post-9/11 GI Bill cap for that state. For more information about the Post-9/11 GI Bill and the Yellow Ribbon Program, visit: http://www.gibill.va.gov/GI_Bill_Info/CH33/Tuition_and_fees.htm

About Career Education Corporation

The colleges, schools and universities that are part of the Career Education Corporation (CEC) family offer high-quality education to a diverse student population of over 90,000 students across the world in a variety of career-oriented disciplines. The more than 75 campuses that serve these students are located throughout the U.S. and in France, Italy, and the United Kingdom, and offer doctoral, master's, bachelor's and associate degrees, and diploma and certificate programs. Approximately one-third of CEC's students attend the web-based virtual campuses of American InterContinental University and Colorado Technical University.

CEC is an industry leader whose gold-standard brands are recognized globally. Those brands include, among others, American InterContinental University; Brooks Institute; Colorado Technical University; Harrington College of Design; INSEEC Schools; International Academy of Design & Technology; Istituto Marangoni; Le Cordon Bleu North America; and Sanford-Brown Institutes and Colleges. CEC is committed to providing quality education, enabling students to graduate and pursue rewarding careers.

For more information, see CEC's website at www.careered.com. The website includes a detailed listing of individual campus locations and web links to CEC's more than 75 colleges, schools, and universities.