Keiser University to Become Private, Not-for-profit University

Preserving family's education legacy for future generations of students and graduates

FORT LAUDERDALE, Fla.,  Jan. 18, 2011 /PRNewswire-USNewswire/ -- Keiser University, a regionally accredited, Fort Lauderdale based independent university is pleased to announce the university's acquisition by Everglades College, Inc., a 501c(3) not-for-profit corporation.

"Today's announcement is a long time in planning and preparation and achieves another significant step in our family's ultimate thirty-five year vision for Keiser University," said Arthur Keiser, Ph.D., chancellor of Keiser University. 

"This is a great opportunity for Everglades University to join with Keiser University and serve the Florida community.  Together our universities remain committed to our 'students first' philosophies," said Gregg Wallick, Chairman of the Board for Everglades University. 

Wallick added that the long-standing management teams of both Keiser University and Everglades University will remain in place, operating independently, while serving nearly 19,000 students on 18 Florida campuses and employing over 3,000 staff and faculty. 

Keiser University is Florida's leading statewide provider of career-focused, post-secondary education and is regionally accredited by the Commission on Colleges of the Southern Association of Colleges and Schools.  Keiser University serves approximately 18,000 students seeking associate, bachelor's, master's and doctoral degrees in over 50 high demand degree programs at its 15 campuses and through its online, Graduate School and College of Golf divisions.  Keiser University's educational reach extends globally through its international programs including the Latin Division, a cooperative agreement in the Eastern European nation of Moldova, and a campus in Shanghai, China.

For more information on Keiser University, visit www.keiseruniversity.edu. 

SOURCE Keiser University