Kendall College – National Louis University Transition
On January 16, 2018, National Louis University (NLU), Laureate Education, Inc. (Nasdaq: LAUR) and Kendall College, LLC announced they have entered into an agreement whereby Kendall College’s current programs and other assets will transfer to NLU. The boards of NLU and Kendall approved this arrangement, with the additional agreement of Kendall’s parent company, Laureate Education, Inc.
This transfer of programs is contingent on regulatory approvals, including that of the U.S. Department of Education and the Higher Learning Commission, whose decision is expected the latter half of this year, but possibly as soon as the summer.
Under this agreement, NLU will offer all five of Kendall College’s degree programs–baking & pastry, business, culinary arts, early childhood education, and hospitality management–plus Kendall College’s general education programs.
All Kendall students will remain at their current campus until the transfer of these programs is approved, and Kendall’s Hospitality, Culinary Arts, and Baking & Pastry students will remain primarily at Kendall to utilize kitchens as needed until the new culinary and hospitality facilities are completed at NLU.
NLU TRANSITION - Kendall and National Louis University have announced the transfer of Kendall's current programs to NLU, subject to regulatory approvals, expected to be determined later in 2018. Statement