Ardeo Education Solutions Named to Inc. 2020 List of America’s Fastest-Growing Private Companies For the Second Year in a Row
Ardeo Education Solutions is celebrating its second year in a row as an honoree on Inc. 5000’s list of fastest-growing private companies in America. Ardeo is a mission-driven public benefit company that was also named this year to the Center for Companies that Care Honor Roll and among the Best Places to Work in Bloomington, IN.
“We are proud of how effectively our team has worked this year to serve colleges and universities as well as their students, especially during COVID-19,” said Peter Samuelson, Ardeo Education Solutions President. “It’s been a challenging year for everyone, and I’m so grateful to the wonderful team we’ve assembled for their unwavering dedication to our mission.”
Samuelson, who founded Ardeo in 2008, was the beneficiary of a first-of-its-kind loan repayment assistance program as a Yale law student in the late 1980s. Realizing the program could benefit undergraduate students, he founded Ardeo (formerly LRAP Association) to offer Loan Repayment Assistance Programs (LRAPs), which help colleges and universities increase enrollment and college access.
More than 150 colleges and universities across the country have used Ardeo’s LRAP product. Approximately 1 in 4 students enrolled said they would not have attended without the program, according to third-party research conducted by Credo, a higher education consulting firm.
What are students and parents saying about LRAP? Here are a few testimonials:
- “I truly love this college and want to go here so badly. LRAP makes coming here a reality!” –LRAP Award Recipient
- “It was love at first sight with LRAP. Knowing I may get help with my student loans is amazing. It gives me an opportunity to continue my education and start a better life.” –LRAP Award Recipient
- “LRAP gives my daughter the opportunity to attend college. Thank you from the bottom of our hearts.” –LRAP Award Recipient Parent
Learn more about how colleges and universities have increased enrollment and net tuition revenue by providing a powerful financial promise to their students and families. Alderson Broaddus University, which increased overall enrollment by 10% in 2019, joined Ardeo to discuss their strategy in this new webinar. Check it out!
The 2020 Inc. 5000 is ranked according to a percentage revenue growth when comparing 2016 and 2019. To qualify, companies had to be U.S.-based, privately held, for profit and independent – not subsidiaries or divisions of other companies.