Aspen Group, Inc. Quarterly report pursuant to sections 13 or 15(d)

Quarterly report pursuant to sections 13 or 15(d)

Courseware

Courseware

6 Months Ended

Oct. 31, 2013

Courseware [Abstract]

Courseware

Note 5. Courseware

Courseware costs capitalized were $1,500 for the six months ended October 31, 2013.

Courseware consisted of the following at October 31, 2013 and April 30, 2013:


	October 31,			April 30,
	2013			2013
Courseware	$	2,099,038		$	2,097,538
Accumulated amortization		(1,947,645	)		(1,889,443	)
Courseware, net	$	151,393		$	208,095

Amortization expense of courseware for the three months ended October 31, 2013 and October 31, 2012 was $27,731 and $35,180, respectively. Amortization expense of courseware for the six months ended October 31, 2013 and October 31, 2012 was $58,202 and $70,758, respectively.

The following is a schedule of estimated future amortization expense of courseware at October 31, 2013:


Year Ending April 30,
2014	$	47,261
2015		65,317
2016		28,030
2017		9,396
2018		1,389
Total	$	151,393