Courseware

9 Months Ended

Jan. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Courseware

Note 5. Courseware

Courseware costs capitalized were $81,634 and $109,305 for the nine months ended January 31, 2016 and 2015 respectively.  During September 2015, $1,970,670 of fully amortized courseware was written off against the accumulated amortization.  There was no expense impact to this write-off.

Courseware consisted of the following at January 31, 2016 and April 30, 2015:

	January 31,			April 30,
	2016			2015
Courseware	$	358,754		$	2,247,790
Accumulated amortization		(157,114	)		(2,074,479	)
Courseware, net	$	201,640		$	173,311

Amortization expense of courseware for the three and nine months ended January 31, 2016 and 2015:

	For the				For the
	Three Months Ended January 31,				Nine Months Ended January 31,
	2016		2015		2016		2015
Amortization Expense		16,513		19,407		53,304		59,907

The following is a schedule of estimated future amortization expense of courseware at January 31, 2016:

Year Ending April 30,
2016	$	15,547
2017		55,473
2018		47,384
2019		45,911
2020		37,325
Total	$	201,640