Aspen Group, Inc. Transition report pursuant to Rule 13a-10 or 15d-10

Transition report pursuant to Rule 13a-10 or 15d-10

Courseware

Courseware

4 Months Ended

Apr. 30, 2013

Notes To Financial Statements [Abstract]

Note 6. Courseware

Courseware costs capitalized were $25,300 and $54,090 for the years ended December 31, 2012 and 2011, respectively. No courseware costs were capitalized for the fours month ended April 30, 2013.

Courseware consisted of the following at April 30, 2013, December 31, 2012 and 2011:


	April 30,			December 31,
	2013			2012			2011
Courseware	$	2,097,538		$	2,097,538		$	2,072,238
Accumulated amortization		(1,889,443	)		(1,843,967	)		(1,702,407	)
Courseware, net	$	208,095		$	253,571		$	369,831

Amortization expense of courseware for the four months ended April 30, 2013 and 2012 (unaudited) and for the years ended December 31, 2012 and 2011 was $45,476, $48,094, $141,560 and $178,420, respectively.

Estimated future amortization expense of course curricula as of April 30, 2013 is as follows:


Year Ending April 30,
2014	$	105,246
2015		65,017
2016		27,730
2017		9,095
2018		1,007
Total	$	208,095