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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>As filed with the Securities and Exchange Commission
on June&nbsp;10, 2025</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Registration No.&nbsp;333-</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>FORM&nbsp;S-8</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>REGISTRATION STATEMENT</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B><I>UNDER</I></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><I>THE SECURITIES ACT OF 1933</I></B></P>

<P STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>American Public Education,&nbsp;Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in its charter)</P>

<P STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; width: 49%; font-size: 10pt; font-weight: bold; text-align: center">Delaware</TD><TD STYLE="width: 2%; font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 49%; font-size: 10pt; font-weight: bold; text-align: center">01-0724376</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: center">(State or other jurisdiction of<BR> incorporation or organization)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">(I.R.S. Employer )</TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; width: 49%; font-size: 10pt; font-weight: bold; text-align: center"><B>111 West Congress Street</B></TD>
    <TD STYLE="width: 2%; font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; width: 49%; font-size: 10pt; font-weight: bold; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center"><B>Charles
Town, West Virginia</B></TD>
    <TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center"><B>25414</B></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: center">(Address of Principal Executive Offices)</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">(Zip
Code)</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>American Public Education,&nbsp;Inc. 2017 Omnibus
Incentive Plan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Full title of the plan)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Thomas A. Beckett</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Senior Vice President, General Counsel and Secretary</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>American Public Education,&nbsp;Inc.</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>111 West Congress Street</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 224.15pt; text-indent: 0.25in"><B>Charles
Town, West Virginia 25414</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 224.15pt; text-indent: 0.25in"><B></B>(Name and address of agent for service)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>304-724-3700</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Telephone number, including area code, of agent
for service)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>Copy to:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>William I. Intner</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>J. Nicholas Hoover</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>Hogan Lovells US LLP</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>100 International Drive,
Suite&nbsp;2000</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Baltimore, Maryland 21202</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>(410) 659-2700</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="border-top: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions
of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo; &ldquo;smaller reporting company,&rdquo; and &ldquo;emerging
growth company&rdquo; in Rule&nbsp;12b-2 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 20%"><FONT STYLE="font-size: 9pt">Large accelerated filer</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 30%"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; width: 40%"><FONT STYLE="font-size: 9pt">Accelerated filer</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 10%; text-align: right"><FONT STYLE="font-family: Wingdings">&#120;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 9pt">Non-accelerated filer</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt"><FONT STYLE="font-size: 9pt">Smaller reporting company</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"></TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 9pt">Emerging growth company</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section&nbsp;7(a)(2)(B)&nbsp;of the Securities Act. <FONT STYLE="font-family: Apple SD Gothic Neo Light">&#9744;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXPLANATORY NOTE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This Registration Statement on Form&nbsp;S-8 (this
 &ldquo;Registration Statement&rdquo;) of American Public Education,&nbsp;Inc. (the &ldquo;Registrant&rdquo;) is being filed to register
1,200,000 additional shares of the Registrant&rsquo;s common stock, par value $0.01 per share (&ldquo;Common Stock&rdquo;) authorized
for issuance pursuant to the American Public Education,&nbsp;Inc. 2017 Omnibus Incentive Plan, as amended (the &ldquo;2017 Plan&rdquo;).
The Registrant previously registered shares of Common Stock under the 2017 Plan on Registration Statements on Form&nbsp;S-8 (File No.&nbsp;333-218015,
File No.&nbsp;333-238535, and File No.&nbsp;333-265856) filed on <A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000114420417027633/v467086_s8.htm">May&nbsp;15, 2017</A>, <A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000110465920064285/tm2020275d1_s8.htm">May&nbsp;20, 2020</A> (as amended on <A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000112329220000752/apeiforms8pos_05212020.htm">May&nbsp;21, 2020</A>), <A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000110465922074745/tm2219324d1_s8.htm">June&nbsp;27, 2022</A>, and <A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000110465923068887/tm2317870d1_s8.htm">June&nbsp;7, 2023</A>
respectively (the &ldquo;Prior Registration Statements&rdquo;)). On March&nbsp;26, 2025, the Registrant&rsquo;s Board of Directors adopted
an amendment to the 2017 Plan to increase the number of shares of Common Stock available for issuance thereunder by 1,200,000 (the &ldquo;Amendment&rdquo;),
subject to stockholder approval. The Registrant&rsquo;s stockholders approved the Amendment at the Registrant&rsquo;s Annual Meeting of
Stockholders on May&nbsp;23, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">As permitted by General Instruction E to Form&nbsp;S-8,
this Registration Statement incorporates by reference the contents of the Prior Registration Statements, except to the extent supplemented,
amended, or superseded by the information set forth herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PART&nbsp;II</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 8. Exhibits.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-size: 10pt; vertical-align: top; text-align: justify">
<TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: center; width: 8%"><B>Exhibit<BR>
<FONT STYLE="font-size: 9pt">Number</FONT></B></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; width: 2%; text-align: center"><B>&nbsp;</B></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; vertical-align: bottom; text-align: center; width: 90%"><FONT STYLE="font-size: 9pt"><B>Description</B></FONT></TD>

<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD>
<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.38in"><A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000095013307004250/w37769a3exv4w1.htm" STYLE="-sec-extract: exhibit">4.1</A></TD>
<TD STYLE="font-size: 10pt; width: 0.37in">&nbsp;</TD><TD STYLE="font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000095013307004250/w37769a3exv4w1.htm" STYLE="-sec-extract: exhibit">Form&nbsp;of certificate representing the Common Stock, $0.01 par value per share, of the Registrant
                                                      (incorporated by reference to exhibit filed with the Registrant&rsquo;s Registration Statement on Form&nbsp;S-1 (File
                                                      No.&nbsp;333-145185)).</A></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD>
<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.75in"><A HREF="tm2517548d1_ex5-1.htm">5.1</A></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt"><A HREF="tm2517548d1_ex5-1.htm">Opinion of Hogan Lovells US LLP.</A></TD></TR><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
                                                                                         <TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000114420417027591/v467039_ex10-1.htm">10.1</A></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000114420417027591/v467039_ex10-1.htm">American Public Education,&nbsp;Inc.
2017 Omnibus Incentive Plan (incorporated by reference to exhibit filed with the Registrant&rsquo;s Current Report on Form&nbsp;8-K (File
No.&nbsp;001-33810) filed with the Commission on May&nbsp;15, 2017).</A></TD></TR>
                                                                                         <TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
                                                                                         <TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000110465920063231/tm2020097d1_ex10-1.htm">10.2</A></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000110465920063231/tm2020097d1_ex10-1.htm">Amendment Number One to the American Public Education,&nbsp;Inc.
2017 Omnibus Incentive Plan (incorporated by reference to exhibit filed with the Registrant's Current Report on Form&nbsp;8-K (File No.&nbsp;001-33810)
filed with the Commission on May&nbsp;18, 2020).</A></TD></TR>
                                                                                         <TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
                                                                                         <TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000110465922064228/tm2216763d1_ex10-1.htm">10.3</A></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000110465922064228/tm2216763d1_ex10-1.htm">Amendment Number Two to the American Public Education,&nbsp;Inc.
2017 Omnibus Incentive Plan (incorporated by reference to exhibit filed with the Registrant's Current Report on Form&nbsp;8-K (File No.&nbsp;001-33810)
filed with the Commission on May&nbsp;24, 2022).</A></TD></TR>
                                                                                         <TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
                                                                                         <TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000110465923063173/tm2316451d1_ex10-1.htm">10.4</A></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000110465923063173/tm2316451d1_ex10-1.htm">Amendment Number Three to the American Public
Education,&nbsp;Inc. 2017 Omnibus Incentive Plan (incorporated by reference to the exhibit filed with the Registrant&rsquo;s Current
Report on Form&nbsp;8-K (File No.&nbsp;001-33810) filed with the Commission on May&nbsp;22, 2023).</A></TD></TR>
                                                                                         <TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
                                                                                         <TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000110465925052957/tm2516201d1_ex10-1.htm">10.5</A></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/1201792/000110465925052957/tm2516201d1_ex10-1.htm">&nbsp;Amendment
Number Four to the American Public Education,&nbsp;Inc. 2017 Omnibus Incentive Plan (incorporated by reference to the exhibit filed with
the Registrant&rsquo;s Current Report on Form&nbsp;8-K (File No.&nbsp;001-33810) filed with the Commission on May&nbsp;27, 2025.</A></TD></TR>

<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.38in"><A HREF="tm2517548d1_ex5-1.htm">23.1</A></TD>
<TD STYLE="font-size: 10pt; width: 0.37in">&nbsp;</TD><TD STYLE="font-size: 10pt"><A HREF="tm2517548d1_ex5-1.htm">Consent of Hogan Lovells US LLP (included in Exhibit&nbsp;5.1).</A></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD>
<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.75in"><A HREF="tm2517548d1_ex23-2.htm">23.2</A></TD>
                                           <TD STYLE="font-size: 10pt; width: 0.75in">&nbsp;</TD><TD STYLE="font-size: 10pt"><A HREF="tm2517548d1_ex23-2.htm">Consent of Deloitte&nbsp;&amp; Touche, LLP, independent registered public accounting firm.</A></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD>
                                           <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 0.38in"><A HREF="tm2517548d1_ex24-1.htm">24.1</A></TD>
<TD STYLE="font-size: 10pt; width: 0.37in">&nbsp;</TD><TD STYLE="font-size: 10pt"><A HREF="tm2517548d1_ex24-1.htm">Power of Attorney.</A></TD></TR><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD>
<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
                                                                                                              <TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt"><A HREF="tm2517548d1_ex-filingfees.htm">107</A></TD>
<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt"><A HREF="tm2517548d1_ex-filingfees.htm">Filing
Fee Table.</A></TD></TR>
                                                                                                              </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Pursuant to the requirements of the Securities
Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form&nbsp;S-8
and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City
of Baltimore, State of Maryland, on June&nbsp;10, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-size: 10pt; vertical-align: top; text-align: justify">
<TD STYLE="font-size: 10pt"></TD><TD COLSPAN="2" STYLE="font-size: 10pt; text-align: left"><B>AMERICAN PUBLIC EDUCATION,&nbsp;INC</B>.</TD>
</TR><TR STYLE="font-size: 10pt; vertical-align: top; text-align: justify">
<TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left; width: 3%">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: justify; width: 47%">&nbsp;</TD></TR>
     <TR STYLE="font-size: 10pt; vertical-align: top; text-align: justify">
<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">By:</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: justify">/s/ Richard W. Sunderland,&nbsp;Jr.</TD></TR>
     <TR STYLE="font-size: 10pt; vertical-align: top; text-align: justify">
<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: justify">Richard W. Sunderland,&nbsp;Jr., CPA</TD></TR>
     <TR STYLE="font-size: 10pt; vertical-align: top; text-align: justify">
<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: justify">Executive Vice President and Chief Financial Officer</TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 296.1pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities Act
of 1933, this Registration Statement has been signed by the following persons in the capacities and on the date indicated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; font-size: 10pt; width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Signature</B></FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt; width: 2%">&nbsp;</TD>
<TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; font-size: 10pt; width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>Title</B></FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt; width: 2%">&nbsp;</TD>
<TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center; width: 32%; padding-right: 5.4pt; padding-left: 5.4pt"><B>Date</B></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Angela Selden</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">President, Chief Executive Officer and Director</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">June&nbsp;10, 2025</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Angela Selden</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>(Principal Executive Officer)</I></FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="vertical-align: bottom; white-space: nowrap; border-bottom: Black 1pt solid; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Richard W. Sunderland,&nbsp;Jr.</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Executive Vice President and Chief Financial Officer</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">June&nbsp;10, 2025</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Richard W. Sunderland,&nbsp;Jr., CPA</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>(Principal Financial and Accounting Officer)</I></FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chair of the Board of Directors</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">June&nbsp;10, 2025</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Daniel S. Pianko</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">June&nbsp;10, 2025</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Granetta B. Blevins</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">June&nbsp;10, 2025</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Michael D. Braner</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">June&nbsp;10, 2025</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Anna M. Fabrega</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">June&nbsp;10, 2025</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">James Kenigsberg</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">June&nbsp;10, 2025</FONT></TD></TR>
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<TD STYLE="white-space: nowrap; font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Richard Statuto</FONT></TD>
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<TD STYLE="font-size: 10pt; width: 5%">*By:</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; width: 45%">/s/ Richard W. Sunderland,&nbsp;Jr.</TD>
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<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">Richard W. Sunderland,&nbsp;Jr., CPA</TD>
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<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">Attorney in Fact</TD>
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[{"type": "S-8", "sequence": "1", "filename": "tm2517548d1_s8.htm", "description": "FORM S-8", "secsgml_size_bytes": 46865}]
{"company-data": {"conformed-name": "AMERICAN PUBLIC EDUCATION INC", "cik": "0001201792", "assigned-sic": "8200", "organization-name": "07 Trade & Services", "ein": "010724376", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-287915", "film-number": "251037126"}, "business-address": {"street1": "111 W CONGRESS STREET", "city": "CHARLES TOWN", "state": "WV", "zip": "25414", "phone": "(304) 724-3700"}, "mail-address": {"street1": "303 W.3RD. STREET", "city": "RANSON", "state": "WV", "zip": "25438"}}
As filed with the Securities and Exchange Commission
on June 10, 2025
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
American Public Education, Inc.
(Exact name of registrant as specified in its charter)
Delaware
01-0724376
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer )
111 West Congress Street
Charles
Town, West Virginia
25414
(Address of Principal Executive Offices)
(Zip
Code)
American Public Education, Inc. 2017 Omnibus
Incentive Plan
(Full title of the plan)
Thomas A. Beckett
Senior Vice President, General Counsel and Secretary
American Public Education, Inc.
111 West Congress Street
Charles
Town, West Virginia 25414
(Name and address of agent for service)
304-724-3700
(Telephone number, including area code, of agent
for service)
Copy to:
William I. Intner
J. Nicholas Hoover
Hogan Lovells US LLP
100 International Drive,
Suite 2000
Baltimore, Maryland 21202
(410) 659-2700
Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions
of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging
growth company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
¨
Accelerated filer
x
Non-accelerated filer
¨
Smaller reporting company
¨
Emerging growth company
¨
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 7(a)(2)(B) of the Securities Act.
☐
EXPLANATORY NOTE
This Registration Statement on Form S-8 (this
 "Registration Statement") of American Public Education, Inc. (the "Registrant") is being filed to register
1,200,000 additional shares of the Registrant's common stock, par value $0.01 per share ("Common Stock") authorized
for issuance pursuant to the American Public Education, Inc. 2017 Omnibus Incentive Plan, as amended (the "2017 Plan").
The Registrant previously registered shares of Common Stock under the 2017 Plan on Registration Statements on Form S-8 (File No. 333-218015,
File No. 333-238535, and File No. 333-265856) filed on
May 15, 2017
,
May 20, 2020
(as amended on
May 21, 2020
),
June 27, 2022
, and
June 7, 2023
respectively (the "Prior Registration Statements")). On March 26, 2025, the Registrant's Board of Directors adopted
an amendment to the 2017 Plan to increase the number of shares of Common Stock available for issuance thereunder by 1,200,000 (the "Amendment"),
subject to stockholder approval. The Registrant's stockholders approved the Amendment at the Registrant's Annual Meeting of
Stockholders on May 23, 2025.
As permitted by General Instruction E to Form S-8,
this Registration Statement incorporates by reference the contents of the Prior Registration Statements, except to the extent supplemented,
amended, or superseded by the information set forth herein.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 8. Exhibits.
Exhibit
Number
Description
4.1
Form of certificate representing the Common Stock, $0.01 par value per share, of the Registrant
                                                      (incorporated by reference to exhibit filed with the Registrant's Registration Statement on Form S-1 (File
                                                      No. 333-145185)).
5.1
Opinion of Hogan Lovells US LLP.
10.1
American Public Education, Inc.
2017 Omnibus Incentive Plan (incorporated by reference to exhibit filed with the Registrant's Current Report on Form 8-K (File
No. 001-33810) filed with the Commission on May 15, 2017).
10.2
Amendment Number One to the American Public Education, Inc.
2017 Omnibus Incentive Plan (incorporated by reference to exhibit filed with the Registrant's Current Report on Form 8-K (File No. 001-33810)
filed with the Commission on May 18, 2020).
10.3
Amendment Number Two to the American Public Education, Inc.
2017 Omnibus Incentive Plan (incorporated by reference to exhibit filed with the Registrant's Current Report on Form 8-K (File No. 001-33810)
filed with the Commission on May 24, 2022).
10.4
Amendment Number Three to the American Public
Education, Inc. 2017 Omnibus Incentive Plan (incorporated by reference to the exhibit filed with the Registrant's Current
Report on Form 8-K (File No. 001-33810) filed with the Commission on May 22, 2023).
10.5
Amendment
Number Four to the American Public Education, Inc. 2017 Omnibus Incentive Plan (incorporated by reference to the exhibit filed with
the Registrant's Current Report on Form 8-K (File No. 001-33810) filed with the Commission on May 27, 2025.
23.1
Consent of Hogan Lovells US LLP (included in Exhibit 5.1).
23.2
Consent of Deloitte & Touche, LLP, independent registered public accounting firm.
24.1
Power of Attorney.
107
Filing
Fee Table.
SIGNATURES
Pursuant to the requirements of the Securities
Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8
and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City
of Baltimore, State of Maryland, on June 10, 2025.
AMERICAN PUBLIC EDUCATION, INC
.
By:
/s/ Richard W. Sunderland, Jr.
Richard W. Sunderland, Jr., CPA
Executive Vice President and Chief Financial Officer
Pursuant to the requirements of the Securities Act
of 1933, this Registration Statement has been signed by the following persons in the capacities and on the date indicated.
Signature
Title
Date
/s/ Angela Selden
President, Chief Executive Officer and Director
June 10, 2025
Angela Selden
(Principal Executive Officer)
/s/ Richard W. Sunderland, Jr.
Executive Vice President and Chief Financial Officer
June 10, 2025
Richard W. Sunderland, Jr., CPA
(Principal Financial and Accounting Officer)
*
Chair of the Board of Directors
June 10, 2025
Daniel S. Pianko
*
Director
June 10, 2025
Granetta B. Blevins
*
Director
June 10, 2025
Michael D. Braner
*
Director
June 10, 2025
Anna M. Fabrega
*
Director
June 10, 2025
James Kenigsberg
*
Director
June 10, 2025
Richard Statuto
*By:
/s/ Richard W. Sunderland, Jr.
Richard W. Sunderland, Jr., CPA
Attorney in Fact