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ARIZONA NEWS

‘Lopes (and enrollment) up: Grand Canyon University reports growing quarter

For the 20th quarter in a row, Grand Canyon University has reported increased numbers for revenue, income and enrollment, according to the Phoenix Business Journal.

Students show their support for the men's basketball team at Midnight Madness at Grand Canyon Unive...

Students show their support for the men's basketball team at Midnight Madness at Grand Canyon University on Oct. 19, 2013. (Grand Canyon University Photo/Darryl Webb)

(Grand Canyon University Photo/Darryl Webb)

PHOENIX — For the 20th quarter in a row, Grand Canyon University has reported increased numbers for revenue, income and enrollment, according to the Phoenix Business Journal.

While other publicly-traded universities in the nation continue to shut down, GCU keeps growing and increasing revenue, net income and enrollment.

The for-profit university reported a net income of $33 million for this year’s third quarter, which ended on Sept. 30. The university’s net revenue for the year came out to nearly $200 million, up from $175 million during the same period last year.

Those were not the only positive findings for GCU: The university’s enrollment also grew from 68,000 in 2014 to 75,000 in 2015.

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