Grand Canyon University scores court victory in battle over nonprofit status [Yahoo! Finance]
Grand Canyon Education, Inc. (LOPE)
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Source: Yahoo! Finance
The U.S. Department of Education applied the wrong legal standard when denying Grand Canyon University 's request to be considered a nonprofit, a federal appeals court ruled last week, scoring a major win for the 123,000-student Christian institution. In 2019, the Education Department said it would continue treating Grand Canyon University as a for-profit for Title IV federal financial aid purposes. The decision kicked off a protracted legal battle over the university's status, with a federal judge siding with the department in 2022. But a three-judge panel of the 9th U.S. Circuit Court of Appeals unanimously overturned that decision Friday, ruling that the Education Department held the university to a stricter standard than required under the Higher Education Act. The ruling marks another dramatic turn in the fight over Grand Canyon University's nonprofit status. The university hailed the decision in a statement Friday, with officials saying they are “hopeful that the Departme
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