Significant Accounting Policies (Tables)

3 Months Ended

12 Months Ended

Jul. 31, 2014

Apr. 30, 2014

Significant Accounting Policies [Abstract]

Schedule of Property and Equipment Useful Lives

Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the related assets per the following table.

Category	Depreciation Term
Call center equipment	5 years
Computer and office equipment	5 years
Furniture and fixtures	7 years
Library (online)	3 years
Software	5 years

Schedule of Reclassifications

As a result, the following reclassification was made for the quarter ended July 31, 2013:

Revenue as		Revenue as
Originally Reported	Adjustment	Adjusted
$929,993	$28,794	$901,199

The Company reclassified $103,711, from Cost of Revenues to General and Administrative, both within Operating Expenses for the three months ending July 31, 2013, to conform to the current period presentation.

	For the 3 Months ended July 31, 2013
	Reclassifications
			Dues,			Internet
	As Previously		Fees, &			Related			Marketing			Library			As
	Reported		Licenses			Expense			Fees			Services			Reclassified
Operating Expenses:
Instructional		224,381		(30,335	)		(31,576	)					200			162,670
Marketing		335,089								(42,000	)					293,089
Cost of Revenues	$	559,470		(30,335	)		(31,576	)		(42,000	)		200		$	455,759
General and administrative		1,373,056		30,335			31,576			42,000			(200	)		1,476,767
Depreciation and amortization		109,435														109,435
Total Operating Expenses	$	2,041,961													$	2,041,961

For the year ended December 31, 2012, the Company reclassified $273,225, from Cost of Revenues to General and Administrative, both within Operating Expenses:

	For the Year Ended December 31, 2012
	Reclassifications
												Financial
	As		Dues,						Executive			Aid
	Previously		Fees, &			Consulting			Academic			Processing			As
	Reported		Licenses			Expense			Chair			Costs			Reclassified
Operating Expenses:
Cost of Revenues	$	2,342,037		(32,234	)		(111,927	)		(105,500	)		(23,564	)	$	2,068,812
General and administrative		5,235,282		32,234			111,927			105,500			23,564			5,508,507
Receivable Collateral Valuation Reserve		502,315														502,315
Depreciation and amortization		397,923														397,923
Total Operating Expenses	$	8,477,557													$	8,477,557