| Schedule of Disaggregation of Revenue |
In the following table, revenue, shown net of grants and scholarships, is disaggregated by type of service provided. The table also includes a reconciliation of the disaggregated revenue within the reportable segments (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2023 | | APUS | | RU | | HCN | | Corporate and Other | | Consolidated | | Instructional services, net of grants and scholarships | $ | 300,794 | | | $ | 179,699 | | | $ | 47,998 | | | $ | 26,220 | | | $ | 554,711 | | | Graduation fees | 1,764 | | | — | | | — | | | — | | | 1,764 | | | Textbook and other course materials | — | | | 32,008 | | | 8,255 | | | — | | | 40,263 | | | Other fees | 745 | | | 2,379 | | | 683 | | | — | | | 3,807 | | | Total Revenue | $ | 303,303 | | | $ | 214,086 | | | $ | 56,936 | | | $ | 26,220 | | | $ | 600,545 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2024 | | APUS | | RU | | HCN | | Corporate and Other | | Consolidated | | Instructional services, net of grants and scholarships | $ | 313,924 | | | $ | 181,975 | | | $ | 55,830 | | | $ | 23,958 | | | $ | 575,687 | | | Graduation fees | 2,454 | | | — | | | — | | | — | | | 2,454 | | | Textbook and other course materials | — | | | 32,041 | | | 10,187 | | | — | | | 42,228 | | | Other fees | 671 | | | 2,246 | | | 1,273 | | | — | | | 4,190 | | | Total Revenue | $ | 317,049 | | | $ | 216,262 | | | $ | 67,290 | | | $ | 23,958 | | | $ | 624,559 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2025 | | APUS | | RU | | HCN | | Corporate and Other | | Consolidated | | Instructional services, net of grants and scholarships | $ | 314,776 | | | $ | 207,236 | | | $ | 62,004 | | | $ | 7,806 | | | $ | 591,822 | | | Graduation fees | 3,882 | | | — | | | — | | | — | | | 3,882 | | | Textbook and other course materials | — | | | 35,955 | | | 11,712 | | | — | | | 47,667 | | | Other fees | 1,184 | | | 3,040 | | | 1,267 | | | — | | | 5,491 | | | Total Revenue | $ | 319,842 | | | $ | 246,231 | | | $ | 74,983 | | | $ | 7,806 | | | $ | 648,862 | |
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