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<SEC-DOCUMENT>0000950123-10-087258.txt : 20100920
<SEC-HEADER>0000950123-10-087258.hdr.sgml : 20100920
<ACCEPTANCE-DATETIME>20100920091808
ACCESSION NUMBER:		0000950123-10-087258
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100920
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20100920
DATE AS OF CHANGE:		20100920

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Grand Canyon Education, Inc.
		CENTRAL INDEX KEY:			0001434588
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-EDUCATIONAL SERVICES [8200]
		IRS NUMBER:				203356009
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34211
		FILM NUMBER:		101079638

	BUSINESS ADDRESS:	
		STREET 1:		3300 W. CAMELBACK ROAD
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85017
		BUSINESS PHONE:		602-639-7500

	MAIL ADDRESS:	
		STREET 1:		3300 W. CAMELBACK ROAD
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85017
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>c06115e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<HEAD>
<TITLE>Form 8-K</TITLE>
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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>

<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): September 20, 2010 (September 16, 2010)</B>

<P align="center">

<P align="center" style="font-size: 24pt"><B>Grand Canyon Education, Inc.<BR></B>
<FONT style="font-size: 10pt">(Exact name of registrant as specified in its charter)
</FONT>

<TABLE border="0" width="100%" cellspacing="0" cellpadding="0" style="font-size: 10pt; text-align: center">
<TR>
    <TD width="32%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="32%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD style="border-bottom: 1px solid #000000"><B>Delaware</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>001-34211</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>20-3356009</B></TD>
</TR>
<TR valign="top">
    <TD>(State or other Jurisdiction of Incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD>(Commission File Number)</TD>
    <TD>&nbsp;</TD>
    <TD>(IRS Employer Identification No.)</TD>
</TR>
</TABLE>

<TABLE border="0" width="100%" cellspacing="0" cellpadding="0" style="font-size: 10pt; text-align: center">
<TR>
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="49%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD style="border-bottom: 1px solid #000000"><B>3300 W. Camelback Road<BR>Phoenix, Arizona<BR></B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>85017</B></TD>
</TR>
<TR valign="top">
    <TD>(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD>(Zip Code)</TD>
</TR>
</TABLE>

<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: <B>(602) 639-7500</B>


<TABLE border="0" width="30%" cellspacing="0" cellpadding="0" style="font-size: 10pt; text-align: center">
<TR>
    <TD width="100%">&nbsp;</TD>
</TR>
<TR>
    <TD nowrap style="border-bottom: 1px solid #000000"><B>&nbsp;</B></TD>
</TR>
<TR>
    <TD nowrap>(Former name or former address if changed since last report.)</TD>
</TR>
</TABLE>

<P align="left" style="font-size: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:

<P align="left" style="font-size: 10pt">
<FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


<P>
<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>

</DIV>

<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt; display: none">1
</DIV>

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<P align="left" style="font-size: 10pt"><B>Item&nbsp;8.01. Other Events.</B>


<P align="left" style="font-size: 10pt; text-indent: 2%">On September&nbsp;16, 2010, the United States filed a notice with the United States District Court for the District of
Arizona (the &#147;Court&#148;) that it intends to appeal, before the U.S. Court of Appeals for the Ninth Circuit, the Court&#146;s
June&nbsp;10, 2010 and August&nbsp;17, 2010 orders overruling the United States&#146; objections to the settlement of the False Claims
Act <I>qui tam </I>case, <I>United States of America ex rel. Ronald D. Irwin v. Significant Education, Inc., </I>and the Court&#146;s
August&nbsp;20, 2010 order dismissing that matter with prejudice pursuant to the settlement.


<P align="left" style="font-size: 10pt; text-indent: 2%">As previously disclosed, following a hearing on June&nbsp;10, 2010, the Court had approved certain terms of the
settlement agreement, including the amount and timing of the settlement payment and the Company&#146;s release from future
False Claims Act claims with respect to the compensation-related conduct which is of the same subject matter as the
conduct at issue in the <I>Irwin </I>case for the period from January&nbsp;1, 2001 through April&nbsp;28, 2010 (the &#147;covered conduct&#148;) ,
but had asked for further briefing and a final hearing on August&nbsp;13, 2010 on the issue of whether the Court had
jurisdiction to approve the settlement agreement, over the United States&#146; objections, if it included (i)&nbsp;within the
scope of the release provision, a release, given by the relator acting on behalf of the DOE to the fullest extent
permitted by law, from future Department of Education (&#147;DOE&#148;) administrative actions with respect to the covered
conduct, and (ii)&nbsp;a provision confirming that the Company had fully complied with a DOE Office of Inspector General
subpoena issued in 2008 support of a DOE investigation of the covered conduct. In its August&nbsp;17, 2010 order, the Court
approved the inclusion of the administrative release provision in the settlement agreement, but stated that it lacked a
basis for making a finding regarding the Company&#146;s compliance with the OIG subpoena.


<P align="left" style="font-size: 10pt; text-indent: 2%">Following the August&nbsp;17, 2010 order, the Court filed an order on August&nbsp;20, 2010 dismissing the matter with
prejudice pursuant to the settlement. As required by the settlement agreement, the Company promptly deposited $5.2
million into an interest-bearing segregated account controlled by the Company, which amount was to be distributed to
the United States and the relator on the earlier of (i)&nbsp;the United States&#146; issuance of a full three-year Program
Participation Agreement to the Company or (ii)&nbsp;September&nbsp;1, 2011. The United States&#146; notice of appeal indicates that
it intends to appeal in its entirety the Court&#146;s overruling of objections to the settlement objections, including
provisions concerning the timing and method of the settlement payment and the length of the release period, as well as
the inclusion of the administrative release.


<P align="left" style="font-size: 10pt; text-indent: 2%">The <I>Irwin </I>matter, which was originally filed in 2007 and unsealed in 2008, and which would have been finally
resolved subject to payment of the settlement amount, is now subject to the Ninth Circuit Court&#146;s appellate
determination.

<P align="center" style="font-size: 10pt; text-indent: 2%">&nbsp;

<P align="center" style="font-size: 10pt; display: none">2
</DIV>

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<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="left" style="font-size: 10pt; text-indent: 2%">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.


<P align="left" style="font-size: 10pt">Date: September&nbsp;20, 2010



<P align="left" style="margin-left:46%; font-size: 10pt">GRAND CANYON EDUCATION, INC.



<P align="left" style="margin-left:46%; font-size: 10pt">By: <U>/s/ Daniel E. Bachus&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Daniel E. Bachus<BR>
Chief Financial Officer<BR>
(Principal Financial and Principal Accounting Officer)


<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt; display: none">3




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