Exhibit 99.3

American Public Education, Inc. is an online provider of higher education focused primarily on serving the military and public service communities. American Public University System (APUS), wholly owned by APEI, operates through American MilitaryUniversity (AMU) and American Public University (APU). APUS’ mission is to provide quality higher education with emphasis on educating the nation’s military and public service communities by offering respected, relevant, accessible and affordable, student-focused online programs, which prepare them for service and leadership in a diverse, global society. American Public University System is accredited by The Higher Learning Commission and is a member of the North Central Association of Colleges and Schools (NCA), www.ncahlc.org. APUS For the three months ended September 30, 2012 2011 % Change Net Course Registrations from New Students 24,000 23,900 0% Net Course Registrations 103,000 87,800 17% For the nine months ended September 30, 2012 2011 % Change Net Course Registrations from New Students 64,100 60,600 6% Net Course Registrations 296,900 247,900 20% APUS RegiStRAtionS by PRimARy FUnding SoURce For the nine months ended September 30, 2012 % of Total Federal Student Aid (Title IV) 35% Department of Defense Tuition Assistance (TA) 39% Veteran’s Benefits (VA) 13% Cash & Other Sources 13% FinAnciAl metRicS (in millions, except per share data) Three Months Ended 9/30/2012 9/30/2011 Revenues $77.1 $65.3 Net Income $10.8 $10.9 Diluted EPS (per diluted share) $0.60 $0.60 Balance Sheet, as of 9/30/2012 12/31/2011 Cash & Equiv. $ 101.6 $ 119.0 Total Assets $229.1 $198.9 Total Corp. Debt $ 0 $ 0 Full Year Ended 12/31/2011 Y/Y Growth Revenues $260.4 31% Net Income $ 40.8 36% Diluted EPS (per diluted share) $ 2.23 AFFoRdAble tUition Undergraduate Tuition: $250/credit hour Graduate Tuition: $325/credit hour Avg. Age: 32 years Avg. Class Size: 16 students Gender Ratio: 67 male/33 female Avg. Courses Per Year: 3 Military/4 CivilianFaculty: 440 Full-Time/1,470 Adjunct Staff: 925 Full-Time/18 Part-Time AmU & APU gRAdUAteS 24,000+ Alumni 6,300 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 100 900 600 300 4,800 3,400 2,100 1,700 1,100 UniveRSity ProFile As of December 31, 2011 Enrollment by degree level – Associates – Bachelors – Masters 21% 20% 59% Enrollment by school – 21%–Arts & Humanities – 20%–Security & Global Studies – 19%–Public Service & Health – 14%–Management – 12%–Business – 10%–Science & Technology – 4%–Education 19% 21% 20% 14% 12% 10% 4% Enrollment by status – Military – Civilian 42% 58% TICKER: APEI EXCHANGE: NASDAQ IPO DATE/PRICE: Nov 11, 2007 @ $20 *Represents returning undergraduate students from 2009 conferrals. NOTE: Past performance is not indicative of future results. Additional information, including important details about risk factors, can be found in the company’s filings with the U.S. Securities and Exchange Commission, www.sec.gov. FACT SHEET: September 2012 Contact Chris Symanoskie 703-334-3880 or csymanoskie@apus.edu. oF APUS UndeRgRAdUAte AlUmni RetURn FoR Second degRee* 50%+ oF APUS StUdentS ReFeRRed by otheRS 40%+