Insider Trades - LACROSSE MICHAEL S.

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LACROSSE MICHAEL S.: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Grand Canyon Education, Inc. Officer NasdaqGS:LOPE (historical quotes, profile, other insiders)	19-Nov-08 10-Mar-09	1,000 140 1,140	Direct Indirect Total

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
10-Mar-09 *120 LOPE Purchase at $14.10 per share.
(Cost of $1,692)
19-Nov-08 1,000 LOPE Purchase at $12 per share.
(Cost of $12,000)

* Indicates that some (or all) shares are held indirectly (e.g. in a trust, by a spouse, etc.)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
10-Mar-09	*120	LOPE	Purchase at $14.10 per share. (Cost of $1,692)
19-Nov-08	1,000	LOPE	Purchase at $12 per share. (Cost of $12,000)