EpicQuest Education Group International Limited announced on October 10, 2024, a doubling of student enrollment in its overseas foundational programs for the Fall 2024 semester compared to the 2023-24 academic year. This expansion is a key component of the company's internationalization mission.
The company estimates that its existing foundational programs will provide an annual revenue stream of at least $4 million in the 2024-25 academic year. These programs enable international students to study in their home countries while preparing for potential study abroad at Davis University, EduGlobal College, and other institutions.
Davis University's foundational programs enrolled 115 students for the Fall semester as of September 30, 2024, a significant increase from 55 students in the 2023-24 academic year. These programs are currently hosted on the main campuses of Peking University, Shanghai Jiao Tong University, and the Beijing Institute of Technology in China.
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