Laureate’s COVID-19 Response
Originally posted on Thursday March 19, 2020; Updated Thursday May 28, 2020
How are you responding to the COVID-19 pandemic?
The health and well-being of our students, faculty and staff is our first priority. We continue to follow the guidance of the World Health Organization and local authorities to determine the most appropriate action. We thank our faculty and staff for their flexibility, commitment and resilience as together, we do everything possible to deliver on our promise to each of our students. Back in March, our President and CEO, Eilif Serck-Hanssen, published this letter to Laureate students.
We communicate with our students, faculty and staff on a regular basis. Everything listed below is a summary of what has been communicated to each of these critical stakeholders over the past weeks.
What capability do you have to move to online delivery?
For many years, we have invested in building our capacity to deliver high-quality, digital learning experiences. From fully online universities, such as Walden University, to campus-based universities offering a combination of campus-based and online learning environments, Laureate students around the world are familiar with this mode of delivery, and our faculty understand the importance of harnessing the power of technology to create authentic, personal, and innovative learning experiences for our students.
We have acted quickly to leverage our existing technologies and learning platforms to serve students outside of the traditional classroom setting. Where possible, each of our universities have now transitioned all students to an online learning environment. You can read more about how we have been able to do this successfully, at scale, here.
What does the COVID-19 pandemic mean for students in your major markets?
In the U.S., Walden University has 50 years of proven experience in distance education. All classes were already delivered online and are continuing as normal. PhD residencies, field placements and in-person meetings have moved to virtual delivery.
In Brazil, all students have switched to remote and synchronous delivery, using Blackboard Collaborate technology.
In Chile, Universidad Andrés Bello (UNAB), Universidad de las Américas, Universidad Viña del Mar, and Instituto Profesional AIEP are delivering all classes online.
In Peru, Universidad Peruana de Ciencias Aplicadas (UPC) transitioned to online delivery beginning March 23, Instituto de Educación Superior Cibertec transitioned to online delivery on March 30, and Universidad Privada del Norte (UPN) followed on April 6. All three institutions continue to deliver classes online.
In Mexico, 100% of classes at both Universidad del Valle de México (UVM) and Universidad Tecnológica de México (UNITEC) are now being delivered online.
In Australia, Torrens University Australia have successfully moved 100% of classes to online and remote delivery.
How well prepared is Laureate to sustain uncertainties related to the COVID-19 pandemic?
As the COVID-19 crisis continues to evolve, we have activated our business continuity plans with the goal of minimizing business disruption and keeping our students, faculty, staff and communities safe and compliant with local health authority and government guidelines.
It is too early to know the full impact of this pandemic. However, we are confident we have a network of high-quality institutions with powerful local brands, strong outcomes, and attractive returns for our students upon graduation. As shared in our 2019 year-end earnings report (which can be found here), we entered 2020 in a strong financial position.
On May 7, we reported our First Quarter 2020 earnings, including information about how we have been impacted by the COVID-19 pandemic. You can read our press release here.
What is the role of education during times like this?
Times like this test all of us. They test our ability to adapt, to respond, to innovate, and to change. What we know for certain is that education has never been more important. We will not get through the challenges we face today without the expertise, technical skills, experience and humanity of an educated workforce. We take very seriously our responsibility to continue graduating students who are equipped to lead us through the most complex challenges of our collective future.
Where can I find additional information?
We will update this webpage periodically. In addition, each of our universities have dedicated webpages related to COVID-19, which are also updated regularly (links are provided below). Should you have further questions, please email us at [email protected].