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American InterContinental University (AIU) is a private for-profit university with its headquarters in Schaumburg, Illinois. It employs open admissions. American InterContinental University is a member of the American InterContinental University System. It is accredited by the Higher Learning Commission to award associate, bachelor’s, and master’s degrees. It is owned by the for-profit company Perdoceo Education Corporation, publicly traded on the NASDAQ under PRDO and formerly known as Career Education Corporation (CEC).
American InterContinental University (AIU) was founded in 1970 in Lucerne, Switzerland, by American couple Jack and Helen Barnette of Atlanta, and was first known as the American Fashion College of Switzerland. The school was recognized as an American degree awarding institution in 1971, initially offering associate and bachelor’s degrees starting in 1974. In 1976, the Switzerland-based school opened a campus in Atlanta (the American College for the Applied Arts) and, in 1978, the Lucerne campus moved to London and changed its name to the American College in London.

By 1978, the school had approximately 300 students, and began to expand its course offering beyond fashion to areas such as commercial art, interior design, and business. The school opened several other campuses in subsequent years. Steve Bostic bought the school in 1996 and changed its name to American InterContinental University. In 2001, AIU was acquired by its current owner, Career Education Corporation, which is a publicly traded operator of for-profit schools.
AIU currently has two campuses in the United States, one in Atlanta and one in Houston. Following the June 2009 consolidation of the AIU Buckhead and AIU Dunwoody campuses into AIU Atlanta,the new campus underwent a significant renovation. AIU Atlanta’s campus now features an industry-current forensics lab; a virtual firearms training simulator (FATS) lab; drawing studio; dedicated math, science and writing labs; and newly redesigned studios for fashion design, media production, visual communications and interior design.

The AIU Houston building was severely damaged by Hurricane Ike in September 2008. It was remodeled, and a grand re-opening celebration occurred in February 2009.