ARGOSY UNIVERSITY OFFERS EDUCATIONAL ASSISTANCE

(CHICAGO - September 6, 2005) Argosy University announced today that it will assist students from universities in New Orleans, southern Louisiana, Mississippi and Alabama universities, which have been closed for the foreseeable future due to the devastation caused by Hurricane Katrina.

Argosy University will make available both on-campus and online courses that might be able to permit dislocated students to progress in their academic careers during this semester of disruption. Students at a university forced to close by Hurricane Katrina may register at any of Argosy University's 13 campuses across the nation for courses, on a space-available basis, for the fall terms.

Argosy University will waive tuition for dislocated students who have already registered and paid tuition at their home institution for the fall 2005 semester. If dislocated students have not yet paid their tuition at their home institution, they will be assessed the lesser of the current published tuition and fees at the home institution, or Argosy University's published tuition and fees, as determined by the Argosy University campus president.

"Argosy University acted today by offering educational assistance to college students impacted by Hurricane Katrina," says Dr. Gregory O'Brien, president of Argosy University. "Argosy University is concerned for the well-being of these students, and this initiative is our way of reaching out with compassion and benevolence to those affected. We pledge to do all that we can to assist college students in the Gulf Coast region to continue their education and continue in their lives."

According to the American Council on Education, more than 30 colleges and universities in the Gulf Coast region have been severely damaged by the hurricane, and possibly 100,000 students have been displaced from their schools.

Argosy University offers doctoral, masters, and undergraduate degree programs in psychology, counseling, education, business, information technology, and organizational leadership. Doctoral degree programs in clinical psychology (accredited by the American Psychological Association), are available at several Argosy University's campuses. Argosy University will assist dislocated Ph.D. and Psy.D. students on an individual basis. Select associate's degree programs in several health sciences fields are available at Argosy University/Twin Cities, located in Eagan, MN.

Argosy University has campuses in Atlanta, Chicago, Dallas, Honolulu, Orange County (Santa Ana, CA), Phoenix, San Francisco Bay Area (Port Richmond, CA), Sarasota, Schaumburg (IL), Seattle, Tampa, Twin Cities (Eagan, MN), and Washington DC (Arlington, VA).

Students seeking information about Argosy University's initiative can visit the university's website (www.argosyu.edu) or call National Admissions Information at 1-800-377-0617.

With 13 campuses across the nation, Argosy University (www.argosyu.edu) offers undergraduate, graduate, and postgraduate degrees in the disciplines of business, education, health sciences, and psychology and behavioral sciences. Argosy University is accredited by the Higher Learning Commission and is a member of the North Central Association (NCA) (30 North LaSalle Street, Suite 2400, Chicago, IL 60602, 1.312.263.0456, www.ncahlc.org). The parent company of Argosy University, Education Management Corporation (www.edmc.com), is among the largest providers of private post-secondary education in North America, based on student enrollment and revenue. Student enrollment exceeded 66,000 as of fall 2004. EDMC has 71 primary campus locations in 24 states and two Canadian provinces. EDMC's education institutions offer a broad range of academic programs concentrated in the media arts, design, fashion, culinary arts, behavioral sciences, health sciences, education, information technology, legal studies, and business fields, culminating in the award of associate's through doctoral degrees. EDMC has provided career-oriented education for over 40 years. ###