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Quarterly report pursuant to Section 13 or 15(d)

Subsequent Event

v3.20.4
Subsequent Event
6 Months Ended
Oct. 31, 2020
Subsequent Events [Abstract] Ìý
Subsequent Event Subsequent EventIn December 2020, the DOE released the existing USU letter of credit of $379,345, which was required to be posted based on the level of Title IV funding. In connection with USU's most recent Compliance Audit, USU is now required to maintain a letter of credit of approximately $10,000, which will be included as restricted cash on the consolidated balance sheets.