Company: LGCY
Filing Date: 2025-09-25
Form Type: 10-K
Source: 0001493152-25-014945
Chunk: 17

Company: Legacy Education Inc.
Filing Date: 2025-09-25
Form: 10-K
Item: Item 1
Chunk 17
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iting agency
in order for the institution to participate in the Title IV Programs. ACCET and ABHES are ED-recognized accrediting agencies. The failure
to comply with accreditation standards could subject an institution to additional requirements, sanctions, and consequences including
the potential loss of accreditation. See “Risk Factor - If one or more of our institutions fails to maintain institutional accreditation,
or if certain of our programs cannot obtain or maintain programmatic accreditation, our student enrollments would diminish, and our business
would suffer.”

Programmatic Accreditation. Many
states and professional associations require professional programs to be accredited. While programmatic accreditation is not a sufficient
basis to qualify for institutional Title IV Program certification, programmatic accreditation may improve employment opportunities for
program graduates in their chosen field. Moreover, ED requires an institution to hold programmatic accreditation for an educational program
if required by a state or federal agency (including as a condition of employment in the occupation for which the institutional program
prepares the students). The veterinary technology program at CCC is accredited by American Veterinary Medical Association. Integrity’s
Registered Nurse to Bachelor of Science in Nursing has received initial accreditation from the Commission for Nursing Education Accreditation.
Additionally, CCC is pursuing initial programmatic accreditation with ABHES for the Surgical Technology Associate of Applied Science program
for consideration during the Spring 2026 visit cycle. The Associate of Applied Science in Surgical Technology at CCMCC is accredited by
ABHES and will engage in reaccreditation in the Spring 2026 visit cycle. All of the Title IV-eligible educational programs offered by
our institutions are within the scope of institutional accreditation from either ACCET or ABHES, and we do not believe any of our Title
IV-eligible educational programs that do not hold programmatic accreditation are required to hold programmatic accreditation by any currently
applicable state or federal agency. Those of our programs that do not have programmatic accreditation where available, or fail to maintain
such accreditation, may experience adverse publicity, loss of access to Title IV funds, declining enrollments, litigation or other claims
from students or suffer other adverse impacts, which could result in it being impractical for us to continue offering such programs.

ED
Recognition of Accrediting Agencies. Our participation in the Title IV Programs is dependent on ED continuing to recognize the
accrediting agencies that accredit our colleges and universities. Each of our institutions currently are accredited by an ED-recognized
accrediting agency. The standards and practices of these agencies have become a