to its current location in Phoenix.
In 1984, the college's trustees voted to transition the college to a university for the school's 40th anniversary in 1989, becoming Grand Canyon University. At this time, it also changed governance from the Southern Baptist Convention to the GCU Board of Trustees.
=== For-profit restructuring ===
Suffering financial and other difficulties in the early 21st century, the school's trustees authorized its sale in 2004 to California-based Significant Education, LLC, making it the first for-profit Christian college in the United States. Significant Education was a subsidiary of education entrepreneur Michael K. Clifford's company. Clifford became managing director of the privatized institution, with the former board of trustees serving in an advisory role. Significant Education became a corporation in 2005, publicly traded under the name Grand Canyon Education, Inc. in 2008. GCE trades on NASDAQ under the ticker symbol "LOPE".
After the infusion of capital, Grand Canyon University's …
