February 2013 - PESC

THE COMPANY
Spartan College of Aeronautics and Technology is a for-profit postsecondary education institution
that provides certificates, associate degrees and bachelor degrees in Aviation
Maintenance Technology (“AMT”), Avionics, Professional Pilot Training and Quality Control
/ Non-destructive Testing (“QC” and “NDT”). The Company also has contracts in
place with the United States Air Force and private companies to provide aviation technician
and pilot training. Spartan is located in Tulsa, Oklahoma where its campus footprint
spans 247,000 square feet of physical space. Corporate offices are in Nashville TN.
Spartan is accredited by Accrediting Commission of Career Schools and Colleges (“AC-
CSC”) and is eligible for Title IV funding. The Company was founded in 1929, has graduated
90,000 aviation technicians and pilots, is the oldest school of its kind in the country
and is one of the best recognized brands in the sector known for its quality of instruction
and positive outcomes for its students.
The mission of Spartan College of Aeronautics and Technology is to provide a supportive
educational environment for students to actively participate in learning and to provide
quality career-oriented higher education programs to a diverse student population.
Key differentiated aspects of the institution include:
• Strong Student Value Proposition: Best in class student outcomes
• Academic Rigor: Employer recognized unique, rigorous and hands-on programs.
• Unique Non-Destructive Testing Program: Despite rapid growth of the NDT industry,
Spartan is the largest and one of the only postsecondary institutions offering
training for non-destructive technicians
• Outstanding Regulatory Compliance: Spartan has maintained strong regulatory
compliance historically and is well positioned in light of recent changes in regulation
• Strong Brand and Large Alumni Base: Longest running aviation program in the
U.S. with over 90,000 alumni
Spartan provides hands-on training in aviation maintenance, avionics, nondestructive
testing and quality control. Students can graduate from Spartan's programs in anywhere
from 12 to 23 months with high-demand skills. They also gain the professional training
and credentials necessary to work in some of the most exciting industries and in many
parts of the world.
Chief Financial Officer, Spartan College