APEI

Business Context and Reporting Period

This Form 8-K reports on the results of the 2010 Annual Meeting of Stockholders for American Public Education, Inc., held on May 20, 2010. The record date for determining voting eligibility was March 30, 2010.

Key Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and voting outcomes.

Material Changes and Voting Results

As of the record date, 18,364,101 shares of common stock were issued and outstanding. A quorum was established with 16,740,384 shares represented at the meeting.

Proposal 1: Election of Directors

All seven nominees were elected to the Board of Directors for a term expiring at the 2011 Annual Meeting. The voting results were as follows:

Proposal 2: Ratification of Independent Auditor

Stockholders approved the ratification of McGladrey & Pullen, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2010.

Guidance, Outlook, and Risks

The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.

Key Facts for Investor Verification

• Confirmation that all seven director nominees received majority support with minimal votes withheld.
• Verification that McGladrey & Pullen, LLP was successfully ratified as the auditor for the 2010 fiscal year.
• Review of the definitive proxy statement filed on April 8, 2010, for detailed background on the proposals.