[3] In 1996 National American University began developing online courses and degree options for students across the United States and internationally.

Online programs include associate's, bachelor's and master's degrees in accounting, business, information technology, strategic security, and health care.

[5] In 2018, NAUH mortgaged real property to secure an $8 million loan which was subsequently paid in full.

[6] Campus closings were planned as NAU transitioned to an online university [7] and the NAUH agreed to voluntarily delist from the NASDAQ.

[13][14] It faced further pressure with an $800,000 debt payment due the following month and an ongoing federal False Claims lawsuit.

[13] In March 2019, National American University announced that it was closing most of its remaining 24 physical locations, including campuses in Rapid City [11] and Sioux Falls.

Colorado Indiana Kansas Minnesota Missouri Nebraska New Mexico Oklahoma South Carolina South Dakota Texas National American University Holdings, Inc., was a publicly traded corporation (NASDAQ: NAUH) holding company for NAU and other assets.

[27] National American University Holdings, Inc. is now an "Over The Counter" traded company listed on the OTCQB since January 2019.