FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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                      	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	                      	

1. Name and Address of Reporting Person *

HACKETT PATRICK T	2. Issuer Name and Ticker or Trading Symbol

Bridgepoint Education Inc [ BPI ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)	
(Last)          (First)          (Middle)

13500 EVENING CREEK DRIVE NORTH	3. Date of Earliest Transaction (MM/DD/YYYY)

3/29/2014		
(Street)

SAN DIEGO, CA 92128
(City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)

 	6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person	

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned	
1.Title of Security
(Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code
(Instr. 8)	4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)	
			Code	V	Amount	(A) or (D)	Price				
Common Stock  	3/31/2014  	 	M	  	2920  	A	$0.00   (1)	2920  	D  	 	
Common Stock  	 	 	 	  	 	 	 	27710574  	I  	See footnote   (2) (3)	

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)	
1. Title of Derivate Security
(Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code
(Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	6. Date Exercisable and Expiration Date	7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)	8. Price of Derivative Security
(Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)	
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares					
Stock Option (right to buy)  	$14.50  	3/29/2014  	 	A  	  	3920   	  	  (4)	3/29/2024  	Common Stock  	3920  	$0.00  	3920  	D  	 	
Restricted Stock Units  	  (5)	3/29/2014  	 	A  	  	2040   	  	  (6)	  (6)	Common Stock  	2040  	$0.00  	2040  	D  	 	
Restricted Stock Units  	  (5)	3/31/2014  	 	M  	  	  	2920   	  (7)	  (7)	Common Stock  	2920  	$0.00  	0  	D  	 	

Explanation of Responses:	
(  1) 	Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. On March 31, 2014, 2,920 of the reporting person's restricted stock units were settled for an equal number of the issuer's common stock.	
(  2) 	Shares held by Warburg Pincus Private Equity VIII, L.P., a Delaware limited partnership (and together with two affiliated partnerships, "WP VIII"). The reporting person is a Managing Director and Member of Warburg Pincus LLC, a New York limited liability company ("WP LLC"), and a partner of Warburg Pincus & Co., a New York general partnership ("WP"). WP is the managing member of Warburg Pincus Partners, LLC, a New York limited liability company ("WP Partners"), the general partner of WP VIII. WP VIII is managed by WP LLC. As a result, the reporting person may be deemed to have an indirect pecuniary interest (within the meaning of Rule 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act")) in an indeterminate portion of the securities that may be deemed to be beneficially owned by WP VIII, WP Partners, WP and WP LLC (collectively, the "Warburg Pincus Entities").	
(  3) 	The reporting person disclaims beneficial ownership of all securities that may be deemed to be beneficially owned by the Warburg Pincus Entities, except to the extent of any indirect pecuniary interest therein. This Form 4 shall not be deemed an admission that Mr. Hackett or any other person referred to herein is a beneficial owner of any securities for purposes of Section 16 of the Exchange Act or for any other purposes.	
(  4) 	Subject to the reporting person's continuing service, 100% of the shares subject to the option shall vest and become exercisable on March 29, 2015.	
(  5) 	Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.	
(  6) 	Subject to the reporting person's continuing service, 100% of the restricted stock units shall vest on March 29, 2015. Vested shares will be delivered to the reporting person on March 30, 2015.	
(  7) 	100% of the restricted stock units vested on March 29, 2014. Vested shares were delivered to the reporting person on March 31, 2014.	

Remarks:
Exhibit 24 - Power of Attorney	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
HACKETT PATRICK T
13500 EVENING CREEK DRIVE NORTH
SAN DIEGO, CA 92128	X				

Signatures		
/s/ Diane L. Thompson, as Attorney-in-Fact		4/1/2014	
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).	
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.	

Exhibit 24
 
POWER OF ATTORNEY

The undersigned, as a Section 16 reporting person of Bridgepoint Education, Inc. (the “Company”), hereby constitutes and appoints Diane L. Thompson, Daniel J. Devine and Russell Sakamoto the undersigned’s true and lawful attorneys-in-fact to:

 	1.	complete and execute Forms 3, 4 and 5 and other forms and all amendments thereto as such attorneys-in-fact shall in their discretion determine to be required or advisable pursuant to Section 16 of the Securities Exchange Act of 1934 (as amended) and the rules and regulations promulgated thereunder, or any successor laws and regulations, as a consequence of the undersigned’s ownership, acquisition or disposition of securities of the Company; and	

 	2.	do all acts necessary in order to file such forms with the Securities and Exchange Commission, any securities exchange or national association, the Company and such other person or agency as the attorneys-in-fact shall deem appropriate.	

The undersigned hereby ratifies and confirms all that said attorneys‑in-fact and agent shall do or cause to be done by virtue hereof.  The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934 (as amended).

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the Company and the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 31 st day of March, 2014.

 	Signature:	/s/ Patrick T. Hackettt	 	
 	 	 	
 	Print Name:	 Patrick T. Hackett