2U to Launch its First Undergraduate Online Degree Program With Simmons College
Landover, Md. April 3, 2014 — 2U, Inc. (NASDAQ: TWOU), a leading provider of cloud-based software-as-a-service solutions that enable leading nonprofit colleges and universities to deliver high-quality education, announced today that it will soon expand its relationship with Simmons College School of Nursing and Health Sciences. In October 2014, Simmons College and 2U will launch an online Bachelor of Science in Nursing for candidates holding an Associate Degree in Nursing. This RN to BSN program is Simmons’s first online undergraduate degree and will enable students to expand their clinical knowledge and increase their understanding of healthcare delivery.
This RN to BSN program will begin accepting applications on April 30, and the first cohort will begin classes in October 2014. The program will be delivered online with live, interactive classes on 2U’s state-of-the-art learning platform. Students will complete hands-on field practicums in or near their own communities.
“We believe this new program will demonstrate that a high-quality undergraduate degree program can be delivered online while providing great outcomes for both students and faculty,” said Chip Paucek, CEO of 2U, Inc. “We commend Simmons College School of Nursing and Health Sciences for their pioneering efforts in launching this innovative initiative that we believe will help meet the growing need for qualified nursing professionals across the country.”
For more information on the upcoming RN to BSN program offering, please visit onlinenursing.simmons.edu/academics/programs.
About 2U, Inc.
Founded in 2008 by a team of education and technology veterans, 2U enables leading colleges and universities to deliver their high quality education to qualified students anywhere. Our cloud-based software-as-a-service platform provides schools with the comprehensive operating infrastructure they need to attract, enroll, educate, support and graduate their students. Our mission is to enable the education our clients provide to reach its highest potential so students can reach theirs.
This press release contains forward-looking statements regarding 2U’s planned activities with respect to the launch of a new degree program. Actual results may differ materially from those in these forward-looking statements. For a further description of the risks associated with these statements, as well as other risks facing 2U, please see the risk factors set forth in the Company’s final prospectus filed with the U.S. Securities and Exchange Commission on March 28, 2014, including those factors discussed under the caption “Risk Factors” in such filing, and other filings the Company makes with the SEC from time to time. Forward-looking statements speak only as of the date of this release, and 2U undertakes no obligation to update or revise these statements, except as may be required by law.