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Grand Canyon University (GCU) is a private for-profit Christian university in Phoenix, Arizona. Based on student enrollment, Grand Canyon University was the largest Christian university in the world in 2018, with 20,000 attending students on campus and 70,000 online.
Grand Canyon was established by the Arizona Southern Baptist Convention on August 1, 1949, in Prescott, Arizona, as Grand Canyon College. In 1999–2000, the university ended its affiliation with the Southern Baptist Convention. Suffering financial and other difficulties in the early part of the 21st century, the school’s trustees authorized its sale in January 2004 to California-based Significant Education, LLC, making it the first for-profit Christian college in the United States. buy fake Grand Canyon University degree. buy fake Grand Canyon University certificate. Following that purchase, the university became the first and only for-profit to participate in NCAA Division I athletics. In 2018 the university received approval to return to non-profit status from its regional accreditor as well as the IRS and the Arizona State Board for Private Postsecondary Education. However, the U.S. Department of Education rejected the university’s request to reclassify it as a non-profit and continues to classify the university as for-profit. The university operations partner directly alongside the for-profit publicly traded corporation, Grand Canyon Education, Inc. (formerly Significant Education) that bundles services for the university to operate. The university president, Brian Mueller, also serves as the CEO of Grand Canyon Education.
The university offers various programs through its nine colleges including doctoral studies, business, education, fine arts and production, humanities and social sciences, nursing and health care professions, science, theology, and engineering and technology.
The college was founded as a nonprofit institution in 1949 in Prescott. Arizona Southern Baptists felt the need to establish a faith-based institution that would allow local Baptists the opportunity to obtain a bachelor’s or master’s degree without going east to one of the Baptist colleges in Texas or Oklahoma. On October 8, 1951, Grand Canyon College relocated to its current location in Phoenix. In 1984, the college’s trustees voted to transition the college to a university for the 40th anniversary of the school in 1989, at which time it also changed governance from the Southern Baptist Convention to the GCU Board of Trustees.
Restructuring/conversion to for-profit
Suffering financial and other difficulties in the early part of the 21st century, the school’s trustees authorized its sale in January 2004 to California-based, Significant Education, LLC, making it the first for-profit Christian college in the United States. Significant Education was a subsidiary of education entrepreneur Michael K. buy fake Grand Canyon University degree. buy fake Grand Canyon University certificate. Clifford’s company. Clifford became managing director of the privatized institution, with the former board of trustees serving in an advisory role. Significant Education changed to a corporation in 2005 and became publicly traded under a new name Grand Canyon Education, Inc in 2008. It trades on NASDAQ under the ticker symbol “LOPE.”
After the infusion of capital, Grand Canyon University’s size increased. After having fewer than 1,000 students enrolled in 2008, the university had 17,500 students in the spring of 2017. A 2015 economic impact study revealed that the university was adding about $1 billion into the state’s economy each year during its expansion. In February 2017, Arizona Governor Doug Ducey said that the neighborhoods surrounding the university have experienced a 30% increase in housing values while concurrently seeing a 30% decrease in crime rates.
In 2008, the university was sued by the United States federal government for paying enrollment counselors according to how many students they had enrolled while at the same time accepting federal financial aid, a violation of the Department of Education’s incentive compensation ban. GCU eventually reached a settlement in the case, and was forced to pay a $5.2 million fine to a former employee and the federal government.
By 2014 the accumulated student loan debt of Grand Canyon students was estimated to be more than $5.9 billion.
Due to GCU’s for-profit status, Arizona State University had refused to play against GCU in any sport, even though both are NCAA Division I schools and located only 16 miles apart. ASU eventually reversed its decision, and sporting events between the two universities recommenced in the fall of 2020.