Acquisition to Benefit Current Students, Help Reimagine Higher Education
WATERBURY, Conn. – (December 17, 2024) – Continuing more than a century of innovation in higher education, Post University, a leading on campus and online institution, today announced completion of its acquisition by a prominent, not-for-profit university – Universidad Andrés Bello (UNAB) – based in Santiago, Chile.
The acquisition will enable Post to expand its global presence and increasing opportunities for cultural and academic exchange, while continuing to deliver tailored degree offerings and personalized student services.
Importantly, the two institutions will continue to operate independently. Post University’s day-to-day operations, administrative and academic leadership, and the education offered both at the university’s main campus in Waterbury, CT and online will remain unchanged.
“This acquisition between two healthy, growing universities expands the possibilities for our entire community,” said John L. Hopkins, CEO and President of Post University. “Providing expanded educational opportunities for current students, while reimagining higher learning for the next generation, has always been central to our mission.”
UNAB shares Post University’s commitment to expanding access to learning on a global scale. Founded in 1988, UNAB boasts a standard of excellence among its students and faculty, ranking in the top 6% of universities across the globe. With an enrollment of more than 60,000, UNAB’s students can obtain undergraduate and graduate degrees in programs ranging from architecture and design, to business administration, engineering and information technology, to health sciences and hospitality. In total, UNAB offers 63 distinct undergraduate degrees, 38 master’s degrees and 15 doctoral programs.
“This announcement represents a great opportunity for both universities from the perspective of their development and global reach. We believe the future of higher education in a globalized society will be determined by announcements like this, where two universities that have similar educational projects, are empowered to generate better opportunities for their communities.” said Julio Castro, President of Universidad Andrés Bello.
* * * *
About Post University
Based in Waterbury, Connecticut since 1890, Post University is known for its innovation and focus on providing every online and on-campus student an educational experience with personalized support. Among the first in the nation and the first in Connecticut to offer full degrees online, Post University offers more than 55 areas of study. Respected for its Honors Program and role in military online education, the University is licensed by the State of Connecticut through the Office of Higher Education and is institutionally accredited by the New England Commission of Higher Education.
About UNAB
Universidad Andrés Bello (UNAB) is a private nonprofit university located in Santiago, Chile. Since its founding in 1988, UNAB has held a significant presence across Chile and is now the nation’s largest university by enrollment (63,000). UNAB offers high-quality educational programs at the undergraduate and graduate levels, including pathways to bachelor’s, master’s, doctoral, and professional degrees. Driven by principles such as excellence and integrity, UNAB has an established track record of graduating leaders across their fields.
UNAB is fully accredited in Chile by the National Accreditation Commission and is also accredited in the United States by the Middle States Commission of Higher Education. Additionally, UNAB is accredited in Spain by the National Agency for Quality Assessment and Accreditation (ANECA).
Widely regarded as a top five Chilean scientific research institution, UNAB is one of only four Chilean universities to appear on the Academic Ranking of World Universities (also known as the Shanghai Ranking). The Times Higher Education Impact ranking places UNAB as the highest ranked Chilean university, largely in part to UNAB’s commitment to the United Nations Sustainable Development Goals.