Interesting. A non-profit which shares its revenues and expense with a for-profit.
"Grand Canyon Education will continue to operate as a service provider for the university, in particular overseeing operations around the college’s online offerings. Grand Canyon Education, which will remain publicly-traded and headquartered in Phoenix, will offer “technological, counseling, marketing, financial aid processing and other support services” to Grand Canyon University, a press announcement says. It will also split revenue with the university. "