UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT ~~REPORT~~ ~~Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934~~ REPORT

~~Date~~Pursuant to ofSection ~~Report~~13 ~~(Date~~or ~~of earliest event reported~~15(d): ~~March 23, 2009~~ of

The Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): April 23, 2009

Education Management LLC

(Exact Name ~~name~~ of ~~registrant~~Registrant as ~~specified~~Specified in ~~its charter~~Charter)

Delaware	333-137605	20-4506022
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
(State or Other Jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

210 Sixth Avenue, Pittsburgh, Pennsylvania		15222
(Address of principal executive offices)		(Zip code)
(Address of Principal Executive Offices)		(Zip Code)

Registrant’'s telephone number, including area code: (412) 562-0900

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o¨ Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1 2.0102. ~~Entry~~ ~~into~~—Results aof ~~Material~~Operations ~~Definitive~~and ~~Agreement~~Financial Condition.

On ~~March~~ April 23, 2009, Education Management LLC ~~(the~~issued ~~“Company”) entered into~~ a ~~First~~press ~~Amendment~~release ~~to Amended~~announcing ~~and Restated Credit and Guaranty Agreement (the “First Amendment”), which amends the~~its ~~Company’s~~financial ~~Amended~~results ~~and~~for ~~Restated Credit and Guaranty Agreement dated as of February 13, 2007 (as amended,~~ the ~~“Agreement”).~~quarter ~~Among~~ended ~~other~~March ~~amendments~~31, ~~under the First Amendment, BNP Paribas, as Issuing Bank, is only required to issue letters of credit in an aggregate amount up to but not exceeding $175~~2009.~~0 million~~ A ~~but~~copy ~~has discretion to issue additional letters~~ of ~~credit at any time when Letter of Credit Usage (as defined in~~ the ~~Agreement) is equal to or greater than $175.0 million. The~~ ~~Company~~April ~~may also designate one or more additional Issuing Banks (as defined in the Agreement) to issue letters of credit under the Agreement~~23, ~~subject~~2009 topress ~~the~~release ~~reasonable~~is ~~consent~~attached ofhereto ~~BNP Paribas,~~ as ~~Administrative~~an ~~Agent~~exhibit ~~under~~and ~~the Agreement.~~incorporated Inherein ~~addition,~~by the First Amendment provides for the Company’s ability under certain circumstances to purchase Tranche C Term Loans (as defined in the Agreement) for cash from time to time on or prior to June 30, 2010 solely in accordance with certain modified Dutch auction proceduresreference. The Company may not purchase more than $400.0 million of Tranche C Term Loans in the aggregate. Any purchased Tranche C Term Loans will be cancelled and no longer outstanding for all purposes under the Agreement.

The information ~~foregoing~~included isthis aForm ~~summary~~8-K, ofincluding the ~~material~~exhibit, ~~terms~~shall ~~and~~not ~~conditions~~be ~~of the First Amendment and not~~deemed a“filed” ~~complete~~for ~~discussion~~purposes of ~~the~~Section ~~document.~~18 ~~Accordingly,~~of the ~~foregoing~~Securities isExchange ~~qualified~~Act inof ~~its~~1934, ~~entirety by~~as ~~reference~~amended to (the ~~full~~“Exchange ~~text of the First Amendment~~Act”), ~~which~~nor isshall ~~filed~~it asbe ~~Exhibit 10.1~~deemed to ~~this~~be ~~Current~~incorporated by ~~Report~~reference onin ~~Form~~any ~~8-K,~~filing ~~and~~under the ~~full~~Securities ~~text~~Act of ~~the~~1933, ~~Company’s~~as ~~Amended and Restated Credit and Guaranty Agreement~~amended, ~~which~~or ~~is incorporated herein by reference to Exhibit 10.1 to~~ the ~~Company’s Current~~ ~~Report~~Exchange onAct, ~~Form~~except ~~8-K~~as ~~filed~~shall ~~with~~be ~~the~~expressly ~~Securities~~set ~~and~~forth ~~Exchange~~by ~~Commission~~specific onreference ~~February 14,~~in such ~~2007~~a filing.

Item 9.01. – Financial Statements and Exhibits

(a) None.

(b) None.

(c ) Exhibits

Exhibit 1099.1 ~~First~~Press ~~Amendment~~release ~~to Amended and Restated Credit and Guaranty Agreement~~ dated ~~March~~ April 23, 2009 by and among Education Management, LLC, Education Management Holdings LLC, Goldman Sachs Lending Partners LLC, J.P. Morgan Securities Inc. and BNP Paribas Securities Corp, as auction managers, BNP Paribas, as Administrative Agent and Issuing Bank, the guarantors listed on the signature papers thereto and the lenders listed on the signature papers thereto.

~~SIGNATURE~~ SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the ~~registrant~~Registrant has ~~duly~~ duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EDUCATION MANAGEMENT LLC By: /s/ ~~Todd~~EDWARD SH. ~~Nelson~~WEST ~~Todd~~Edward SH. ~~Nelson~~West President and Chief ~~Executive~~Financial Officer

Dated: April ~~March 26~~23, 2009

~~Exhibit Index~~EXHIBIT INDEX

Exhibit 10.1 First Amendment to Amended and Restated Credit and Guaranty Agreement dated March 23, 2009 by and among Education Management, LLC, Education Management Holdings LLC, Goldman Sachs Lending Partners LLC, J.P. Morgan Securities Inc. and BNP Paribas Securities Corp, as auction managers, BNP Paribas, as Administrative Agent and Issuing Bank, the guarantors listed on the signature papers thereto and the lenders listed on the signature papers thereto.

Exhibit No.	Description

99.1	Press release dated April 23, 2009

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