sentences:  In March 2013, the school announced a planned partnership with Laureate Education, Inc. As part of the planned partnership, Thunderbird would remain a nonprofit organization, exempt from income tax as a 501(c)(3), but would establish a joint educational service company with Laureate, a for-profit company.This joint company would launch an undergraduate program and expand online programs.Undergraduate students would attend Thunderbird for the final year of their undergraduate degree program.