Company: LGCY
Filing Date: 2025-09-25
Form Type: 10-K
Source: 0001493152-25-014945
Chunk: 10

Company: Legacy Education Inc.
Filing Date: 2025-09-25
Form: 10-K
Item: Item 1
Chunk 10
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 rates of 74.9% for High Desert Medical College, 74.1% for Central Coast College, and 74.6%
for Integrity College of Health. CCMCC has achieved an average placement rate of 73.8%. Additionally, our students
have achieved an 81.8% NCLEX Pass Rate and a 50.0% Veterinary Technician National Exam Pass Rate, demonstrating the effectiveness of
our programs. 

11

Faculty
and Employees

Across
the organization, we seek to hire faculty who have teaching and/or practitioner experience in their particular discipline and who possess
significant and appropriate academic credentials. We hire our faculty in accordance with established criteria set by the California Code
of Regulations and accreditation standards, including relevant work experience and educational background. We require meaningful industry
experience of our teaching staff in order to maintain the quality of instruction in all of our programs and to address current and industry-specific
issues in our course content. In addition, we provide intensive instructional training and continuing education, including quarterly
instructional development seminars, annual reviews, technical upgrade training, faculty development plans and weekly staff meetings.

We
also employ non-faculty staff in student services, academic advising and academic support, enrollment services, administration,
financial aid, information technology, human resources, finance and other administrative functions. The staff of each campus
typically includes a campus director, a director of education, a registrar, a career services coordinator, a financial-aid officer, a business officer
and a career advisor and instructors, all of whom are industry professionals with experience in our areas of study.

As
of June 30, 2025, we had approximately 103 full-time faculty, including program directors, as well as approximately 147 part-time faculty.

As
of June 30, 2025, we and our institution also employed approximately 177 combined non-faculty staff in the areas of university services,
academic advising and academic support, enrollment services, university administration, financial aid, information technology, human
resources, corporate accounting, finance and other administrative functions. None of our employees is a party to any collective bargaining
or similar agreement with us.

Education
Regulations

As
a provider of postsecondary education, we are subject to extensive regulation by federal, state and accrediting agencies. The applicable
educational regulatory requirements cover virtually all phases of the operations of our institutions, including, but not limited to,
educational program offerings, facilities, instructional and administrative staff, administrative procedures, marketing and recruiting