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Higher Education

Adtalem Is Now Covista: What the Name Change Means for Chamberlain and Walden

Super Writer
Written by
Super Writer

Published:Oct 21, 2026
Updated:Oct 21, 2026

Adtalem Global Education, the company that owns Chamberlain University and Walden University, is now Covista Inc. The Adtalem-to-Covista name change took legal effect on Feb. 5, 2026, and the company's stock began trading on the New York Stock Exchange under the new ticker CVSA on Feb. 24, 2026, replacing ATGE. The change applies to the parent corporation only. Chamberlain, Walden and the company's three Caribbean medical and veterinary schools kept their own names.

Eight months later, both universities' websites describe each school as "a member of Covista," and the company's latest annual report lists the same institutional accreditation for both. Here is what Securities and Exchange Commission (SEC) filings and the schools' own pages show, as of Oct. 14, 2026.

How the Adtalem Covista Name Change Happened

According to a Form 8-K filed with the SEC on Feb. 6, 2026, the company filed a certificate of amendment with the Delaware Secretary of State on Feb. 5 to change its corporate name from Adtalem Global Education Inc. to Covista Inc., "effective February 5, 2026." Its board amended the bylaws to match the same day. The filing said no other bylaw changes were made.

The same 8-K said the stock would trade under the Covista name and the CVSA ticker starting Feb. 24. That was also the date of the company's Investor Day, and the press release issued that morning confirmed the new ticker took effect at market open. For shareholders, the 8-K said existing Adtalem stock certificates "continue to be valid and need not be exchanged."

The company has changed names before. Its EDGAR company record shows it was DeVry Inc. until 2013 and DeVry Education Group until May 2017, when it became Adtalem Global Education. Its past and current filings are now listed under Covista Inc., with the same SEC identifier (CIK 730464).

Why the Company Says It Renamed

In its Feb. 5 announcement, the company called the new name "the culmination of a four-year transformation to become America's largest healthcare educator." Chairman and CEO Steve Beard said, "This is not simply a rebrand. It's recognition of what we've built and the problem we are helping to tackle," pointing to the U.S. healthcare workforce shortage.

Chief Marketing Officer Maurice Herrera said every element of the brand, "from name to visual design, was crafted to signal our focus on healthcare." The release also claimed that the company graduates 24,000 healthcare professionals a year, "including 10% of America's nurses." Those figures are the company's own and were not independently verified.

The rename came with two other launches: a Gallup-fielded survey of clinicians and health executives that the company calls the Covista Care Capacity Monitor, and a philanthropy program called Covista Open Doors. At the Feb. 24 Investor Day, management introduced "Purpose at Scale," a three-year strategy that runs from fiscal 2027 through fiscal 2029 and includes campus expansion and employer partnerships.

Not everyone saw a fresh start. Republic Report, a site that has long criticized for-profit colleges, wrote on Feb. 11 that the company had picked "another, even more pharma-sounding name," under a headline warning that it was "Still Harmful to Students."

What Changes for Chamberlain and Walden Students

Very little, based on what the company and the schools have published since the Adtalem-to-Covista switch. Neither the 8-K nor either press release mentions any change to student programs, tuition, records or aid. Here is how each area looks as of Oct. 14, 2026:

  • School names: Unchanged. The footers of chamberlain.edu and waldenu.edu now read "Chamberlain University is a member of Covista" and "Walden University is a member of Covista." Chamberlain's site still says it "confers online degrees from its Main Campus in Addison, IL."
  • Accreditation: Accreditation belongs to each university, not the parent company. Covista's fiscal 2026 annual report (Form 10-K), filed Aug. 6, 2026, says both Chamberlain and Walden are institutionally accredited by the Higher Learning Commission (HLC). It also says the BSN, MSN, DNP and advanced practice nursing certificate programs at both schools are accredited by the Commission on Collegiate Nursing Education (CCNE).
  • Transcripts: Still issued by each university. Chamberlain's transcript request page still sends current students and alumni through the My Chamberlain student portal to Parchment, the ordering service.
  • Federal financial aid: The 10-K says each school takes part in federal student aid (Title IV) under its own program participation agreement with the Education Department. The 8-K describes the rename as an amendment to the corporate charter and does not describe any change in who owns the schools.
  • Portals and email: The rename announcements did not mention student portals, email addresses or tuition.

One aid-related fact predates the rename and is worth knowing. The 10-K says that after the Education Department flagged a low fiscal 2022 financial responsibility score for Adtalem, now Covista, in 2023, which the company tied to its acquisition of Walden and other transactions, all five of its schools were allowed to keep participating in federal aid under provisional certification with heightened cash monitoring. The filing notes that "students attending provisionally certified institutions remain eligible to receive Title IV program funds," and management says it does not expect a material adverse effect.

The bigger aid change for Chamberlain and Walden graduate students this year came from Congress, not the rename. Grad PLUS loans ended for new borrowers on July 1, 2026, as covered in our explainer on graduate loan limits, and the court fight over nursing's loan limits is tracked in our professional degree lawsuit tracker.

The Schools Covista Owns

The 10-K describes Covista, the former Adtalem, as the owner of five accredited institutions that served about 100,000 students in fiscal 2026, which ended June 30, 2026. It reports them in three business segments:

SchoolWhereEnrollment (latest reported)
Chamberlain University24 campuses in 16 states plus online, per the 10-K39,501 (May 2026 session)
Walden UniversityNearly all programs online54,851 (June 30, 2026)
American University of the Caribbean School of MedicineSt. Maarten, with a satellite program in Preston, England5,120 across the three schools (May 2026 semester)
Ross University School of MedicineBarbadosIncluded in the 5,120 total
Ross University School of Veterinary MedicineSt. KittsIncluded in the 5,120 total

The medical and veterinary schools are still part of the company. Covista's fiscal 2026 results show revenue of $1,954.1 million, with Walden contributing $804.9 million, Chamberlain $750.2 million and the medical and veterinary segment $398.9 million. Chamberlain opened a 25th campus, in Cincinnati, after the 10-K was filed.

What Happens Next

  • Oct. 29, 2026: Covista releases its first-quarter fiscal 2027 results after the market closes, followed by a conference call at 4 p.m. CT (5 p.m. ET), according to the company's Sept. 29 announcement. It will be the first quarterly report that covers a period entirely after the July 1 federal loan changes.
  • Nov. 11, 2026: Covista holds its annual shareholder meeting, according to its proxy statement filed Oct. 2.
  • For students: Questions about records, aid or accreditation still go to Chamberlain or Walden directly. To look up the parent company's filings or news, search "Covista." Older documents remain under the Adtalem name.

Information is from Covista's SEC filings, company press releases and the universities' websites, checked Oct. 14, 2026.

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