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National American University (NAU) is a private institution of higher education with campuses in several states and an online educational presence. Founded in 1941, NAU offers a variety of undergraduate and graduate degree programs in fields such as business, health care, information technology, and criminal justice.
The university emphasizes flexible learning options, catering to both traditional students and adult learners seeking to advance their education. NAU is known for its commitment to helping students achieve their academic and career goals through personalized support and resources.
If you have specific questions about the university, its programs, or admissions, feel free to ask!
Originally called “National School of Business” in 1941, National American University changed its name to National College of Business, then National College, before adopting its current name.
In 1996 National American University began developing online courses and degree options for students across the United States and internationally. Online programs include associate’s, bachelor’s and master’s degrees in accounting, business, information technology, strategic security, and health care. Students are also provided access to classes and extensive campus resources including learning resource center services, tutoring services, counseling services, and computer support through a student portal.
In 2012, 53% of NAU’s students were studying online, with an additional 17% taking some classes online. In 2018, 77% of NAU’s students were studying online, with an additional 12% taking some classes online.
In 2018, NAUH mortgaged real property to secure an $8 million loan which was subsequently paid in full. Campus closings were planned as NAU transitioned to an online university and the NAUH agreed to voluntarily delist from the NASDAQ.
On April 15, 2019, National American University reported that they must post a letter of credit for either 50% ($36.7 million) or 15% ($11 million) of its Title IV awards to continue participating in the program. It faced further pressure with an $800,000 debt payment due the following month and an ongoing federal False Claims lawsuit. NAU’s students were surprised that the campuses were closing.
National American University received $1,453,446 under the first round of the 2020 CARES Act, $390,269 under the second round of the Covid Relief Bill, and $207,146 under the 2021 American Rescue Plan.
In October 2021, Minnesota Office Plaza filed a lawsuit against NAUH, claiming that NAUH hid assets to avoid paying $2.3 million in back and future rent.
In January 2022, NAUH reported $8.2 million in assets, $15.9 million in liabilities, and less than $400,000 in cash. In April 2022, NAUH reported less than $50,000 in cash.
In October 2023, NAUH reported no available cash. The school is currently on Heightened Cash Monitoring by the US Department of Education.
