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Friday, November 07, 2003
2003 UMassOnline Revenue Grows 40% and Enrollments Grow 33%; Students Cite Satisfaction with Convenience, High Caliber Professors and Programs
UMassOnline, the University of Massachusetts' web-based learning division, today announced that online education program revenues and enrollments grew 40 percent and 33 percent, respectively, in 2003. Revenues from the combined online programs at the University exceeded $11 million, up from $7.8 million in 2002, while enrollments reached 13,375, up from 10,039 in 2002. More than 90 percent of the revenues are retained by the UMass campuses to support education and research programs. UMassOnline attributes its rapid growth to the continued addition of new online programs that serve community needs, high levels of online student satisfaction, and UMassOnline's increasing recognition as a leader in the national distance learning market due to factors such as winning several national distance learning awards.
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