Today it was announced that as of November 21, 2008, Excel Academy of Texas will discontinue operations and consolidate services. With the robust continuum of services within Aspen Education Group, we are in the fortunate position to consolidate Excel's services with other Aspen programs to weather the current economic downturn. Our network of solid, quality programs will allow us to continue providing the highest level of care for our current students and those still seeking treatment. We anticipate a smooth transition for our current students and families, and are providing resources and support to place students in the most appropriate care. This includes offering highly discounted tuition rates at other Aspen programs and waived enrollment and transportation fees for transferring students and families.
This decision to consolidate comes after much careful deliberation as to how we could best serve youth and families struggling with substance abuse and related issues in this challenging economic climate. While we regret any inconvenience to our students, families and professional partners during this transition, we are working hard to ensure that the best placement decisions are made, and will continue all operations at Excel until the last student is successfully placed.
We wish to thank the many talented staff of Excel for their years of dedicated service. Our employees have always shown a commitment to excellence and a passion for helping youth and families. We will do all that we can to ensure that this process is as smooth as possible for them as well.
Please feel free to contact us if you have any questions. Thank you for your continued support.