Navitas grows further in US

Education provider Navitas has announced a 10-year agreement with Florida Atlantic University to establish a pathway program for international students on its main Boca Raton campus.

The program is scheduled to open in January next year and will cover programs across a range of disciplines including accounting, marketing, humanities and engineering.

Florida Atlantic is part of the state’s public university system with approximately 30,000 students across its campuses, and has a strong reputation as a teaching university.

It currently has 600 international students.

“We are very pleased to be partnering with FAU to offer such an opportunity to international students, especially in the very welcoming state of Florida,” Navitas public and investor relations group manager James Fuller said.

It comes just a week after Navitas reported profit had fallen 31 per cent after write-downs overshadowed strong revenues.

Net profit was $51.6 million, down from $74.6 million previously.

Earlier in July, Macquarie University announced it would end its partnership with the company from 2016.

Navitas was down 2 per cent to $4.92 at the time of writing.