Not exactly possible. This is what we want to do but we need to convert a whole lot of buddyPress functionality into the app. Which at some point we would like to achieve but right now not many people are asking for this, so things are moving slowly in this direction.
Our next series of updates cover following :
a. Admob integration
b. Notes and discussion integration
c. WPLMS Chat & Push Notifications integration
d. Assignments integration.
e. Groups & Batches Integration.
Paralelly we're also developing Instructor app for course creation.