Nouveau Riche University
Encyclopedia
Nouveau Riche is a non-accredited vocational school
specializing in real estate investing
. Class topics range from introductory real estate investing to advanced techniques such as creative real estate investing
techniques including wholesaling, multi-units, and short sales; examples of course titles are "Fix & Flip" and "Creative Financing."
The company takes its name from the French
term nouveau riche
, which refers to those with "new money", or who created wealth within their own generation as opposed to inheriting a family fortune ("old money
").
. In 2007 more than 9,000 people attended the college. At a single college session held in Glendale, Arizona
more than 2,200 students gave the instructors a 93 percent approval rating.
There are currently three tuition schedules ranging between 30-120 instructional hours. Students may designate a partner to attended classes at no additional charge. Classes are taught using the principles of instructional systems design and multiple six-day college sessions are held throughout the year. Those students who are enrolled with the Regents tuition (currently 98 percent of all students) may repeat classes for an additional year and have access to streaming video classrooms for select courses at no additional charge.
The American Council on Education
lists Nouveau Riche under the CREDIT program list of reviewed courses. However, if the credits are accepted by a college, it is at the Junior College, or Associate's Degree
level.
.
Nouveau Riche currently has plans to construct a campus facility on a 30 acres (121,405.8 m²) site overlooking the Phoenix, Arizona
valley. The 140000 square feet (13,006.4 m²) campus is estimated at a cost of $74 million and is planned to have administrative buildings, glass-and-steel classrooms and luxury dorms linked by a man-made river. The design of the complex is headed by Larson Associates Architects, Inc.
Vocational school
A vocational school , providing vocational education, is a school in which students are taught the skills needed to perform a particular job...
specializing in real estate investing
Real estate investing
Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit. Improvement of realty property as part of a real estate investment strategy is generally considered to be a sub-specialty of real estate investing called real estate development...
. Class topics range from introductory real estate investing to advanced techniques such as creative real estate investing
Creative Real Estate Investing
Creative real estate investing is a term used to describe non-traditional methods of buying and selling real estate. Typically, a buyer will secure financing from a lending institution and pay for the full amount of the purchase price with a combination of the borrowed funds and his own funds .One...
techniques including wholesaling, multi-units, and short sales; examples of course titles are "Fix & Flip" and "Creative Financing."
The company takes its name from the French
French language
French is a Romance language spoken as a first language in France, the Romandy region in Switzerland, Wallonia and Brussels in Belgium, Monaco, the regions of Quebec and Acadia in Canada, and by various communities elsewhere. Second-language speakers of French are distributed throughout many parts...
term nouveau riche
Nouveau riche
The nouveau riche , or new money, comprise those who have acquired considerable wealth within their own generation...
, which refers to those with "new money", or who created wealth within their own generation as opposed to inheriting a family fortune ("old money
Old Money
Old money is "the inherited wealth of established upper-class families " or "a person, family, or lineage possessing inherited wealth." The term typically describes a class of the super-rich, who have been able to maintain their wealth across multiple generations.- United States :American locations...
").
The school
Nouveau Riche has taught thousands of students from around the United StatesUnited States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. In 2007 more than 9,000 people attended the college. At a single college session held in Glendale, Arizona
Glendale, Arizona
Glendale is a city in Maricopa County, Arizona, USA, located about nine miles northwest from Downtown Phoenix. According to 2010 Census Bureau, the population of the city is 226,721....
more than 2,200 students gave the instructors a 93 percent approval rating.
There are currently three tuition schedules ranging between 30-120 instructional hours. Students may designate a partner to attended classes at no additional charge. Classes are taught using the principles of instructional systems design and multiple six-day college sessions are held throughout the year. Those students who are enrolled with the Regents tuition (currently 98 percent of all students) may repeat classes for an additional year and have access to streaming video classrooms for select courses at no additional charge.
The American Council on Education
American Council on Education
The American Council on Education is a United States organization, established in 1918, comprising over 1,800 accredited, degree-granting colleges and universities and higher education-related associations, organizations, and corporations....
lists Nouveau Riche under the CREDIT program list of reviewed courses. However, if the credits are accepted by a college, it is at the Junior College, or Associate's Degree
Associate's degree
An associate degree is an undergraduate academic degree awarded by community colleges, junior colleges, technical colleges, and bachelor's degree-granting colleges and universities upon completion of a course of study usually lasting two years...
level.
History
Nouveau Riche was founded by Jim and Mary Piccolo in 2000 with the inception of the company’s educational programs occurring in 2002 through collaborative efforts with co-founder Bob Snyder. In December 2002, the corporate headquarters were established in Scottsdale, ArizonaScottsdale, Arizona
Scottsdale is a city in the eastern part of Maricopa County, Arizona, United States, adjacent to Phoenix. According to the U.S. Census Bureau, as of 2010 the population of the city was 217,385...
.
Nouveau Riche currently has plans to construct a campus facility on a 30 acres (121,405.8 m²) site overlooking the Phoenix, Arizona
Phoenix, Arizona
Phoenix is the capital, and largest city, of the U.S. state of Arizona, as well as the sixth most populated city in the United States. Phoenix is home to 1,445,632 people according to the official 2010 U.S. Census Bureau data...
valley. The 140000 square feet (13,006.4 m²) campus is estimated at a cost of $74 million and is planned to have administrative buildings, glass-and-steel classrooms and luxury dorms linked by a man-made river. The design of the complex is headed by Larson Associates Architects, Inc.